A pair of dairy operations in Hatillo and two other operations in Guayanilla and Aibonito are the recipients of nearly $342,000 in U.S. Department of Agriculture grants to implement renewable energy and energy efficiency measures. In the case of Puerto Rico, all of the companies will integrate solar energy technology into their businesses.
The list of suitors to take over the management of the Luis Muñoz Marín International Airport has been whittled down to six: Flughafen Zürich, PSP, CCII, and IDC; Fraport and Goldman Sachs; GMR Infrastructure and Incheon Airport; Grupo; Aeroportuario del Sureste and Highstar Capital; Grupo Aeropuertos Avance; and. Puerto Rico Gateway Group.
A movement that has been brewing on Facebook for the past two weeks driven by Todo PR contra el Abuso de la AEE (All of Puerto Rico against PREPA’s abuse), could result in thousands of consumers disputing their energy bills in coming months, as a way of pressuring the Puerto Rico Electric Power Authority into lowering energy costs.
The Puerto Rico Planning Board has signed off on the lease of some 10,000 acres of land in Santa Isabel where San Francisco-based Pattern Energy Group will build the island’s first wind farm, the agency announced Thursday.
In what may count as another hint pointing toward an economic improvement on the island, local companies are giving their employees salary hikes of between 2.9 percent and 3.1 percent this year, a study released Thursday by the Society of Human Resources Management showed.
Resident Commissioner Pedro Pierluisi introduced Thursday the Puerto Rico Investment Promotion Act, which seeks an amendment to the U.S. Internal Revenue Code to open the door for job creation and strengthening the island’s economy.
Six weeks after holding possibly the most explosive public hearing in its history, the Telecommunications Regulatory Board has yet to officially grant Claro the franchise license it needs to launch Internet-based television services.
Autopistas Metropolitanas de Puerto Rico, the consortium the government selected in June to assume the management, maintenance and operation of PR-22 and PR-5, will take the driver’s seat today, vowing to turn the heavily transited toll highways into world-class roads.
Looking to offer alternatives to address the problem of foreclosures in Puerto Rico, the Housing Finance Authority Executive Director George Joyner announced Wednesday the start of a second round of the "Protecting your Home" program, to offer help to families and individuals who have experienced a decline in income and are at risk of losing their homes.
The Puerto Rico Justice Department will express its position on the proposed acquisition by AT&T of T-Mobile’s assets in coming days, likely opposing the deal due to concerns about its potential effects on the local competitive landscape, News is my Business learned.
A delegation of representatives from five of the island’s biggest trade groups is headed to the Dominican Republic in November looking to boost exports through agreements with their counterparts in the neighboring island nation, the Dominican-Puerto Rican and Caribbean Entrepreneurial Alliance announced Tuesday.
Puerto Rico’s coffee industry is marking its 275th anniversary this year, a milestone to be celebrated during the second edition of the “Puerto Rico Coffee Expo,” slated for Oct. 8-9, at the Puerto Rico Convention Center, the event’s trio of organizers said during a news conference Tuesday.
A proposal in President Barack Obama’s deficit reduction plan unveiled Monday could put a wrench in the joint aspirations of the local government and the private sector to get improved tax conditions for controlled foreign corporations doing business on the island.
Members of the government’s economic team, headed by Economic Development and Commerce Secretary José Pérez-Riera, will host the third edition of the Economic Development Summit, Sept. 27 at the Sheraton Convention Center.
In preparation for its November opening at Plaza Las Américas, casual dining modern chinese eatery P.F. Chang’s China Bistro is looking to recrui as many as 300 employees. Interviews are taking place through Sept. 23, from 9 a.m. to 4 p.m. at the San Juan Wildlife Museum on Kennedy Avenue.
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