The need that companies have for a strong presence on social media networks and knowing how to make the most out of the benefits of being online is snowballing at such a rapid pace that it is blowing the doors open to new opportunities for entrepreneurship.
The San Juan Marriott Resort & Stellaris Casino recently inaugurated its popular lobby bar area, now known as the Red Coral Lounge, the result of a $2.3 million remodeling project begun in August 2011 that wrapped up in December.
The Nuclear Regulatory Commission is proposing a $14,000 civil penalty against S&R Engineering, S.E. in San Juan for failing to properly transfer a nuclear gauge to an authorized possessor, after its license expired in October 2009.
Puerto Rico Puerto, the second largest investment destination in the region, is struggling to retain its position as a “viable value proposition” for pharmaceutical companies that have significantly scaled back their investments on the island in the last four years, a recently released study by Jones Lang LaSalle a global real estate services firm concluded.
Technology giant Intel will expand the scope of its “Intel Teach” program to Puerto Rico, where it will provide training to some 21,000 public school teachers, Gov. Luis Fortuño announced Thursday morning.
Puerto Rico Trade and Export’s Expo Partners service is offering local companies an opportunity to work with international trade experts to develop and implement a plan to expand the scope of their products or services beyond the island’s shores.
Believing there is “uncertainty surrounding Cooperativa de Seguros de Vida de Puerto Rico’s ability to generate consistent and sustainable positive earnings from its core lines of business,” respected insurance industry monitor A.M. Best Co. has revised the company’s outlook to stable from positive and affirmed the financial strength rating of B- (Fair) and issuer credit rating of “bb-.”
As part of its plan to revitalize the island’s coffee industry, Puerto Rico Coffee Roasters has launched an online store on its website to sell Puerto Rico’s premium coffees to the world. Some of the most familiar brands — Yaucono, Café Crema, Café Rico, Café Rioja, Café Encantos, Alto Grande and Yaucono Selecto — will be sold, company officials said Wednesday.
José Durán, one of Medical Card System Inc.’s founding partners, has been appointed president of its MCS Life Insurance Co. division. He has been assigned the responsibility of overseeing and strengthening the division’s growth this year, MCS CEO Jim O’Drobinak announced Wednesday.
The head of the Puerto Rico Restaurants Association blasted Senate Bill 2281 Tuesday, saying it could trigger an increase in chicken prices at the consumer level and would represent the creation of yet another government entity.
The creation of a fourth tourism region to be known as “Porta Antillas” is seemingly gaining ground in the Senate, which on Tuesday discussed a bill setting aside $200,000 to make it a reality.
The Destination Marketing Association International recently renewed the Puerto Rico Convention Bureau’s destination marketing organization (DMO) status, including it in an elite group that has met a set of rigorous quality and service standards.
Shippensburg, Pa.-based Volvo Rents, a wholly-owned subsidiary of the Volvo Group, recently broke into the Puerto Rico market through the acquisition of Casco Rentals in Toa Baja and Encar Rentals Inc. in Lajas.
Nine months after the Puerto Rico Port Authority launched mandatory cargo inspections at the maritime facilities in San Juan, some 43,000 containers have been processed turning up “substantial drug shipments” but no illegal firearms, Gov. Luis Fortuño said Monday during a tour of the facilities.
Following a year taken up mostly by efforts to stabilize operations, the banking sector is ready to regain full financial footing and begin growing loan portfolios in 2012. All that activity should yield a much-needed positive effect on the economy, several high-ranking bankers told News is my Business.
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