The nonprofit confirmed that 93 percent of the businesses supported through the initiative remain in operation.
The arena, known as the “Choliseo,” opened its doors in 2004 and has hosted 1,073 events attended by more than 7.7 million people.
Executives Jorge Agüelles-Morán, president of the United Retailers Association, and Iván Báez, president of the Puerto Rico Retail Sales Association, offer their predictions for this year's holiday shopping season on the island.
The government of Puerto Rico has sold a commercial lot, known as the “former Sears property” in Hato Rey — held in the defunct Government Development Bank’s portfolio — for $11.6 million.
The price for a 200-acre beachfront property in Aguadilla that had been reserved for the Discovery Bay Resort & Marina development has dropped to $3 million, from the $9 million sought three years ago through an auction.
AeroNet has launched Dual Network Access (DNA) and Net Insurance.
Jorge Argüelles, who swore into his position as president of the United Retailers Association over the weekend, believes Puerto Rico needs more entrepreneurs, and he’s setting out to develop them.
Plaza Las Américas, the largest shopping center in Puerto Rico and the Caribbean, is marking 50 years of doing business on the island, where it has grown from an 800,000 square-foot mall in 1968 to a 2 million square-foot mega retail center now.
Hurricane María knocked out 95.2 percent of cell sites in Puerto Rico after it clobbered the island nearly a year ago, the Federal Communications Commission confirmed in a report released analyzing the effects of last year’s deadly storm.
A bill was recently submitted to the Puerto Rico Senate to ensure that funds received by the commonwealth’s 9-1-1 Emergency System are not diverted for other purposes, in accordance with federal regulations.
Old Harbor Brewery, a once popular brewery and restaurant in Old San Juan, is making a comeback in the hands of Destilería National Inc., which has made a $3 million investment to revive the artisanal brand after a three-year absence.
The Puerto Rico Treasury Department will disburse an additional $50 million to benefit employers affected by Hurricanes Irma and María.
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