The agreement with Abarca is effective Jan. 1, 2019.
Puerto Rico’s Economic Activity Index reached a level of 121.9 in July 2018, representing an increase of 0.2 percent compared to June 2018 and a decrease of 0.3 percent when examined against July 2017.
Puerto Rico needs to accelerate the transformation of its education system to effectively integrate lessons in entrepreneurship and innovation in the school curriculum.
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.
Breaking from following the usual pattern of filing a bill, then holding public hearings, Committee Chairman Larry Seilhamer and Sen. Eduardo Bhatia heard expert recommendations to then submit the draft regulatory framework.
Each stadium will also have training grounds for the soccer club academy development activities.
A third of those transactions were related to their operations in Puerto Rico, according to the results of the international acceleration program.
The information will be updated weekly on the open data platform managed by PRIS.
Liberty Puerto Rico announced the launch of its “Liberty Go” application, available exclusively for the company’s TV customers.
The U.S. Department of Commerce is awarding a $5.58 million grant to the Foundation for Puerto Rico to support recovery efforts for towns and cities which were devastated by Hurricanes Irma and María.
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.
With the aim of encouraging growth and strengthening established businesses in Puerto Rico’s urban centers, FirstBank and INPRENDE have joined to offer business training and advice to help 70 entrepreneurs gain a competitive edge.
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.
As part of long-term recovery efforts following Hurricane María, the American Red Cross announced it plans to install micro solar networks in about 100 schools in Puerto Rico, which in turn serve as a shelters in times of emergencies.
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