The modern facilities of the Luis Muñoz Marín Airport's Terminal A will be put to use starting in March, when it will open after several delays since construction began in 2006.
Has it ever happened that you have opened your monthly mobile service bill, only to discover that you have exceeded your rate plan by tens or even hundreds of dollars?
Iconic jeans manufacturer Levi’s is making its debut in the Puerto Rico market with the opening of its first two outlet stores, at the Route 66 Outlet Mall in Canóvanas and Prime Outlets in Barceloneta. Although company officials refrained from providing details about their entrance into the local retail market — size of the stores, […]
With just 10 days until Christmas, the National Retail Federation revised its original sales growth prediction for the season to 3.3 percent, one percentage point higher than its original 2.3 percent year-over-year growth projection. The optimistic change responds to “ improvement in a variety of economic indicators including stock market gains, recent income growth, savings […]
Private equity firm Centre Partners announced Wednesday the sale of its Bumble Bee Foods division to Lion Capital, for $980 million. The transaction includes the cannery in Mayagüez, which has been in operation since 1962. Bumble Bee is North America’s leading supplier of shelf-stable seafood under the Bumble Bee, Clover Leaf, Brunswick, Snow’s, Beach Cliff, King […]
St. Croix-based Seaborne Airlines will begin new daily flights between the Luis Muñoz Marín International Airport and the islands of St. Croix, St. Thomas and Vieques starting Jan. 12, the company announced Wednesday.
Puerto Rico stands to gain if the tax package crafted by President Obama and Republican lawmakers passes in the House, as it contains an extension of the rum excise tax that shores up millions for the island each year.
Casual footwear retailer Crocs Inc. has doubled its presence on the island by opening two new locations in Plaza Las Americas and Plaza Carolina. The new stores that opened last month joined the ones in Barceloneta and Old San Juan, which opened earlier this year. “Puerto Rico is a great market for Crocs and a […]
The Puerto Rico Chamber of Commerce and the University of Miami's School of Business Administration on Tuesday announced a partnership to co-host the Puerto Rico Health & Insurance Conference 2011 "A New Economy in Health Care," on Feb. 2.
The University of Missouri’s Donald W. Reynolds Journalism Institute (RJI) recently released the results of a study predicting that news applications for Apple’s iPad will diminish newspaper print subscriptions next year. The study focused on how iPad consumers consume news content, concluding — among other things — that 84.4 percent of the people used the […]
Eight months after receiving $25.7 million from grant from the U.S. Department of Commerce to develop its Puerto Rico Bridge Initiative project, Internet Service Provider, Critical Hub Networks recently announced it has officially activated the Puerto Rico Bridge Initiative’s fiber optic network between Puerto Rico and Florida and has begun final network testing. In April […]
Poultry processing and food distributor Pilgrim’s Pride announced Friday it will price $500 million in senior unsecured notes, an increase from the original $350 million it sought to raise earlier this year. Pilgrim’s Pride — parent company of the To-Ricos chicken processing plant in Aibonito — intends to use the net proceeds from the offering […]
The Luis Muñoz Marín International Airport is set to become the first facility of its kind to have a full-service primary care clinic on its premises, with the planned development of Primary Care Center of the USA.
The Aeroparque, the recreational facility that provides a front-seat to airplane traffic at the Luis Muñoz Marín International Airport, will be remodeled through an investment of between $3 million and $5 million, its operators said.
No sooner had the local government signed off on a new law approving a 4 percent tax on controlled foreign corporations this week, that a stateside organization saw an opening to begin luring local manufacturing corporations to move north.
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