Chicago-based Hub International Limited announced it has entered into a definitive agreement to acquire full service insurance brokerage firm Carrión, Laffitte & Casellas Inc. for an undisclosed amount.
A contingent of central government agencies conducted surprise inspections to several scrap metal collections centers in Puerto Rico, urging owners to bring their businesses up to speed with the law recently approved to regulate the industry.
Forty-seven states, Puerto Rico, Guam, American Samoa, the U.S. Virgin Islands and the District of Columbia will receive $30 million total from the U.S. Small Business Administration in a second round of funding to support efforts to increase exporting by small businesses.
The U.S. Department of Health and Human Services has awarded a $2 million discretionary “rate review” grant to the Puerto Rico Insurance Commissioner’s Office under the Affordable Care Act to protect island consumers, Resident Commissioner Pedro Pierluisi announced Monday.
Seeking to present a more integrated offering that drives greater efficiency, consistency and value for its customers, advertising agency Havas announced the rebranding of its EURO RSCG division to Havas Worldwide.
Since its enactment by the federal government in 2010, the Affordable Care Act has already saved more than 45,000 Medicare beneficiaries in Puerto Rico a total of $111.4 million on the cost of prescription drugs, Resident Commissioner Pedro Pierluisi said Sunday.
Puerto Rico Tourism Company Executive Director Luis Rivera Marín reiterated the government’s commitment to developing the tourism industry through the creation of a Destination Management Organization, which should increase the sector’s economic contributions and generate more jobs.
Dozens of artists, activists and citizens occupied parking spaces in Puerto Rico and around the globe last week, turning them into public parks and other social spaces, as part of the annual PARK(ing) Day event.
Taubman Centers Inc. and New Century Development broke ground Thursday on the 650,000-square-foot Mall of San Juan, the island's first luxury retail development that will feature the first Saks Fifth Avenue and Nordstrom in the Caribbean.
More than 2,000 Puerto Rican companies have received their digital certifications through the government’s online bidders registry launched four months ago, General Services Administration Chief Olga M. de Cardona-Martínez told News is my Business.
Banco Popular de Puerto Rico launched Thursday what may be a first for the island’s commercial banking sector: giving consumers the option to put their savings up as partial collateral when applying for a personal loan.
The Financial Institutions Commissioner (known as OCIF for its initials in Spanish) announced Thursday it issued a “Cease and Desist” order against Hotel Campomar and Restaurant in Toa Baja, and its president Carlos Fuentes, for operating an unlicensed gambling hall.
Parador Combate Beach, also known as the Combate Beach Resort, in Cabo Rojo, began the second phase of its expansion and improvement program earlier this month, with an investment of some $275,000.
As part of its ongoing support of Puerto Rico’s small and medium businesses, FirstBank offered a seminar Wednesday night to its business customers on "Opportunities for entrepreneurs within the new tax frame," conducted by CPA Gabriel Hernandez of the BDO Puerto Rico accounting firm.
The Science, Research and Technology Trust is set to sign an agreement with the Georgia Institute of Technology to establish the Puerto Rico Institute for Research and Economic Development, to facilitate collaboration between industry and academia to promote research and development of marketable technologies, Economic Development and Commerce Secretary José Pérez-Riera said Thursday.
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