Gov’t, retailers join forces for ‘safe’ Black Friday, Christmas sales
November 7, 2018
The Retail Trade Association and the Puerto Rico Chamber of Commerce, together with the Department of Consumer Affairs, have joined forces.
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New ‘green’ elderly housing complex opens in San Juan
November 7, 2018
Ciudad Lumen is the first project with a “Green Occupancy” certificate for affordable apartments in the town of San Juan.
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New owners of Sagrado Corazón Urban Train station parking lot plan to reopen it
November 6, 2018
The lot has been closed to the public for several months, as the property was sold through a competitive bidding process.
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Private sector execs meet with House Finance Committee chair on inventory tax elimination
November 6, 2018
During a meeting Monday between retailers and merchants and Rep. Antonio Soto, chairman of the House Finance Committee, it was agreed that the tax has to be voided.
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P.R. under consideration for inclusion in U.S. Bureau of Economic Analysis
November 6, 2018
This effort complements the implementation of Department of Economic Development and Commerce Reorganization Act.
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Casino Metro to mark 9th anniversary with $1.6M expansion
November 5, 2018
The expansion is already underway and should be ready by January 2019.
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4 federal agencies grant $54.7M in funds for ongoing recovery efforts
November 5, 2018
The U.S. Department of Health and Human Services, the Department of Agriculture, the Defense Logistics Agency and U.S. Department of Commerce Minority Business Development Agency recently allocated $54.7 million in funds for Puerto Rico.
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LinkActiv North America to remodel facilities at Roosy Roads, investing $4.5M
November 5, 2018
The expansion of the direct marketing customer service center will generate 300 jobs in its first phase.
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Newly created company identified as buyer of former Sagrado parking lot
November 2, 2018
Santurce Ambulatory Surgical Center Holding, LLC has its office in Old San Juan, according to Puerto Rico State Department records.
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Former Sagrado Corazón Urban Train station parking lot sold for $3.3M
November 1, 2018
The lot known as Parcel B, Santurce Sur Ward was listed for $6.5 million but was sold for $3.3 million.
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Walmart P.R. pumps $5.9M into Bayamón store upgrades
November 1, 2018
The store now has new signage inside and outside and an additional 7,000 square feet, among other new features.
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P3 Authority opens call for RFQs to manage P.R.’s electric power system transformation
November 1, 2018
The P3 Authority and PREPA wish to enter into a public-private partnership with a private sector partner to deliver low-cost electricity to island customers.
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3 nonprofits win ‘Puerto Rico Big Ideas Challenge’
November 1, 2018
The initiative sought to challenge Puerto Rican community organizations to partner with different sectors and propose “grand ideas” that provoke social change.
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Evertec expands payment solutions platform in P.R.
November 1, 2018
Pvot and Pay at the Table are now part of Evertec’s growing portfolio of electronic payment solutions that serve thousands of businesses in Puerto Rico and Latin America.
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UBS ordered to pay some $19M in losses related to UBS’s P.R. bond funds
October 31, 2018
UBS has been ordered to pay tens of millions of dollars in various arbitration claims to date, including awards of approximately $9 million, $15 million, $18 million, and now $19 million.
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