Puerto Rico Electric Power Authority Executive Director Juan Alicea outlined Wednesday a strategy the agency has set off to reduce the cost of electricity on the island to 16 cents per kilowatt-hour in five years by diversifying fuel sources for power generation.
Puerto Rican rum distiller Destilería Serrallés Inc. will increase its rum production in Puerto Rico, adding up to 8 million proof-gallons in the next 3 years, company and government officials announced Tuesday.
The on-location production for Universal Cable Productions’ ““Royal Pains”” television series, currently in its sixth season on USA Network, wrapped this week in Puerto Rico, after four weeks of pre-production and eight days of shooting in several locations across the island.
The Sales and Marketing Executives of Puerto Rico will focus this year’s conference on the development of creative business strategies, which are key to helping companies face and survive the challenges associated with the island’s current economic conditions.
The Foundation for Puerto Rico has designed a new model of shared spaces to be developed in La Ciudadela following the signing of a 10-year lease agreement between Foundation Founder Jon Borschow and Nicholas Prouty, CEO of Putman Bridge Funding, LLC., which owns the Santurce complex that will house the venture.
The U.S. Census Bureau released Thursday the latest population estimates for the municipalities of Puerto Rico, which showed, among other findings, that from July 1, 2010 to July 1, 2013 the population declined in 68 of the 78 towns.
With a new Board of Directors and members, the Puerto Rico District Export Council outlined Wednesday its efforts to nurture and assist local businesses to achieve growth through exporting.
The jury of “Producibles,” a product design competition managed by Design in Puerto Rico (DIPR), selected five proposals from four Puerto Rican designers to represent the island at the Wanted Design NYC international fair in May in New York City, Carlos Bobonis-Colorado, director of DIPR announced Monday.
The Casals Festival, the yearly musical fest founded by cellist Pablo Casals, closed its 58th season on March 15 with a sold-out performance by André Watts. The 2015 season is already in the works but one thing is certain: expect more downsizing.
An estimated 40 workers — unionized and management — will receive pink slips today from GFR Media Inc., parent company of newspapers El Nuevo Día, Primera Hora and Índice, this media outlet learned.
Grupo Guayacán, a nonprofit that seeks to couple private equity investment with a series of programs aimed at developing, strengthening, and advancing Puerto Rico’s entrepreneurial ecosystem, announced over the weekend the start of its annual EnterPRize Business Building Competition.
Puerto Rico’s Center for a New Economy has been included in the seventh annual 2013 Global Go To Think Tanks Report, the most comprehensive ranking of the world’s top think tanks commissioned by the World Bank. The nonprofit ranked 69th among the world’s 80 “think tanks to watch.”
Puerto Rico Gov. Alejandro García-Padilla, publicly expressed his full support to the Puerto Rico Medicare Coalition for Fairness’ efforts aimed at repairing disparities in Medicare funding to the island during the Puerto Rico Chamber of Commerce’s 2014 Health and Insurance conference that took place this week at the Condado Plaza Hilton hotel.
Amidst a long lasting recession, Medicare program benefits in Puerto Rico re suffering the largest funding cuts in the United States, estimated at $700 million since the Affordable Care Act began to be implemented in 2011, healthcare leaders from the Puerto Rico Medicare Coalition for Fairness said Monday.
The Puerto Rico José Miguel Agrelot Coliseum is marking its 10th anniversary of operations this year as one of the most productive venues in the world — with more than $245 million in ticket sales so far, company executives said this week.
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