10 telecom bills pending at the House
December 21, 2010
The House of Representatives has submitted or reviewed 10 bills this year proposing changes to existing laws related to the telecommunications sector, none of which have been approved. Among the measures is House Bill 2489, filed in February, to authorize the Telecommunications Regulatory Board to regulate the terms and conditions stipulated in data service contracts […]
chat_bubble0 Comment
visibility6723 Views
Dairy farmers to lobby for fresh milk price increase
December 20, 2010
Credit: Carlos Anguita Puerto Rico’s dairy farmers, represented by the Puerto Rico Farm Bureau, will publicly expose their sector’s economic problems during a hearing Tuesday by the Milk Industry Regulatory Office (ORIL, by its initials in Spanish) to determine whether there is a need for a hike in the price of fresh milk. During the […]
chat_bubble0 Comment
visibility5144 Views
Gift card sales expected to reach $91B
December 20, 2010
Gift card sales are expected to reach $91 billion this holiday season, fueled by new regulations and consumer protections, a stateside research firm said.
chat_bubble0 Comment
visibility3314 Views
Guayacán Group, Univ. of Texas join to boost technology commercialization
December 20, 2010
Local venture capital group Guayacán Group Inc. is throwing its support behind technology transfer and furthering the commercialization of innovation or discoveries through a partnership with the University of Texas, Austin. As part of that effort, Guayacán will host a series of workshops on Jan. 13-14 with the Univ. of Texas Austin’s IC2 Institute open […]
chat_bubble0 Comment
visibility7042 Views
Bankruptcy cases up 10% through November; debt exceeds $2.2B
December 20, 2010
The number of bankruptcy cases filed on the island during the first 11 months of 2010 represented at 10 percent year-over-year increase, according to data released Monday by local research firm Boletín de Puerto Rico.
chat_bubble0 Comment
visibility2750 Views
P.R. unemployment remains flat in November
December 18, 2010
Puerto Rico’s unemployment rate remained flat in November, compared to the same month in 2009 and the month of October, Labor Department statistics released Friday showed.
chat_bubble0 Comment
visibility3269 Views
LMM’s Terminal A opens in March
December 18, 2010
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.
chat_bubble0 Comment
visibility3490 Views
FCC addressing ‘bill shock’ phenomenon
December 18, 2010
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?
chat_bubble0 Comment
visibility11755 Views
Jeans icon Levi’s opening 2 local stores
December 16, 2010
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, […]
chat_bubble1 Comment
visibility6498 Views
Stateside retail trade group revises prediction
December 16, 2010
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 […]
chat_bubble0 Comment
visibility6899 Views
Bumble Bee plant in Mayagüez sold as part of $980M deal
December 15, 2010
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 […]
chat_bubble0 Comment
visibility5116 Views
Seaborne Airlines expands to LMM
December 15, 2010
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.
chat_bubble0 Comment
visibility3412 Views
Rum excise tax benefit poised for extension
December 14, 2010
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.
chat_bubble0 Comment
visibility4266 Views
Footwear maker Crocs expands in Puerto Rico
December 14, 2010
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 […]
chat_bubble0 Comment
visibility7719 Views
CofC, Univ. of Miami to host health insurance conference
December 14, 2010
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.
chat_bubble0 Comment
visibility3635 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA