Resident Commissioner Pedro Pierluisi will submit in Congress this week the proposed Puerto Rico Investment Promotion Act, which seeks to increase business investment and create jobs on the island.
More than 70 companies, association and trade groups involved in developing renewable energy projects took part in a weekend workshop sponsored by the Energy Affairs Administration to discuss the benefits attainable through the government’s Green Energy Fund.
The Punta Santiago Natural Reserve in Humacao is working on the final details to become the island’s first ecotourism reserve, following an investment of more than $4.2 million to prepare facilities and hire staff, government officials said after a tour of the facilities late last week.
The movement against the proposed merger between AT&T and T-Mobile USA gained greater momentum late last week, when seven state attorney generals, including New York’s, joined the U.S. Justice Department’s lawsuit to block the deal.
The Amgen Foundation recently selected Wilma Suliveras Ortíz, a human resources staff member at Amgen’s Juncos manufacturing complex, along with 10 other company employees, to receive the 2011 Amgen Excellence in Volunteering Awards.
Three months after reinstating the maritime connection between Puerto Rico and the Dominican Republic, America Cruise Ferries is ramping up its weekly schedule with an additional trip from San Juan, company officials said Friday.
In a hearing at the U.S. District Court Thursday, Judge Gustavo Gelpí granted Britto Romero’s request for a preliminary injunction to ban the sale of counterfeit products bearing his colorful artworks.
A good reputation is one of the most valuable assets to have, whether as an individual or a corporation. Without that, it is tough to survive as an entrepreneur or a Fortune 500 player. In Puerto Rico, there are 10 companies that have a commanding lead when it comes to how consumers perceive them, and are evenly split between local and international operations.
Point Guard Insurance Agency, a new player in the compulsory auto liability insurance policy market, is vowing to take over a considerable portion of the market by offering a better service structure and more efficient claims processes than the incumbent Compulsory Insurance Joint Underwriters Association, or ASC.
As part of its strategy to increase customer deposits, FirstBank announced Wednesday the launch of “Cuenta 1,” a checking account for individuals that carries no service fees, does not require a minimum opening balance or minimum monthly balance.
Pop Artist Romero Britto is looking to eliminate thousands of counterfeit items bearing his bright and colorful copyrighted designs from the Puerto Rico market through a federal civil lawsuit filed against nearly 200 local wholesalers and retailers for copyright and trademark infringement. In the complaint filed on Aug. 31, the artist seeks millions in damages.
Following the recent $1.1 million remodeling of its Howard Johnson hotel in Isla Verde, owners Empresas Santana are launching a redesigned website to market the property “to attract new markets and tourists to the island,” company officials said Tuesday.
Some 1,700 members of the National Association of Postmasters of the United States are holding their annual convention in San Juan this week, with an agenda chock-full of professional development workshops, social activities and tours around the island.
A day before the last of the remaining Borders stores on the island is slated to close, Plaza Las Américas confirmed it has submitted the highest bid for the 34,000 square-foot prime location in the Hato Rey mall.
The Puerto Rico Pharmaceutical Industry Association raised three specific objections to the recently released study evaluating quality results in drug manufacturing plants outside the U.S. mainland, saying, among other things, the findings were “highly questionable.”
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