Through an estimated investment of $200,000, Puerto Rican company Insight Managing Solutions will expand its operations in San Juan, after reaching an incentives agreement with the Puerto Rico Industrial Development Company, representing a commitment to create 100 new jobs over the next 36 months, company and government officials announced Tuesday.
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Colombian flower producers are gearing up for their most profitable holiday of the year, as Valentine’s Day rolls around Friday and millions are expected to express their love with some sort of a colorful bloom.
Author and publicist Tim Williams, who was in town last week to speak to members of the Association of Advertising Agencies of Puerto Rico, suggested that the industry must adopt a new mindset to become better allies to their clients in response to tightening budgers and changing landscapes.
The decision Tuesday by Standard & Poor’s to downgrade Puerto Rico’s rating to junk status has prompted swift reaction from private sector components, which have stepped forward to offer their expertise to help the government dig out of its fiscal hole.
Puerto Rico’s co-ops is ready to weather the storm expected from the decision by Standard and Poor’s to downgrade the island’s credit rating to junk, contrary to other economic sectors, which may be adversely affected, industry representatives said Wednesday.
As word of the decision taken by Standard and Poor’s to downgrade Puerto Rico’s credit rating to junk level, the island’s biggest trade groups spoke out. Following are their individual statements.
The U.S. Census Bureau released statistics Thursday confirming that the median household income for Puerto Rico and most of its 10 largest towns held steady after the most recent recession.
MasterCard and the Inter-American Development Bank have recently signed an agreement, as announced at the World Economic Forum in Davos, Switzerland, to work together in an effort to improve economic inclusion, transparency and financial formalization through the expansion of electronic payments in Latin America and the Caribbean.
After achieving massive popularity among Puerto Rico music lovers in recent years, Pandora Radio has been quietly carving a niche for itself since late 2013 as a multi-faceted digital advertising vehicle capable of reaching audiences in a very targeted manner.
A number of prominent private-sector leaders expressed their support Tuesday of Senate Bill 837, which proposes to create the Puerto Rico Energy Regulatory and Oversight Commission to, among other things, begin reeling in local electricity costs.
The market dominance of government-based healthcare coverage in Puerto Rico is driving managed care organizations to cover more generic drugs as fewer residents can afford more expensive plans, according to a recent report released by Mass.-based healthcare industry analyst firm Decision Resources Group.
Puerto Rico Science, Technology and Research Trust officials announced Monday the signing of a collaborative agreement with Claim Software Development Inc. to create 75 new jobs for professionals dedicated to developing technologies in health informatics mainly for Puerto Rico, the U.S. mainland and Latin America.
Ciudadela de Cayey, a $200 million outlet mall that, if built, would be a third of the size of Puerto Rico's largest mall stands to dramatically alter the physical and economic landscape of the town of Cayey but the ambitious project has raised bitter opposition and is currently stalled due to a lawsuit over the permitting process.
Bankruptcy filings were up 26 percent year-over-year in December, when a total of 1,044 cases were filed, according to preliminary figures released Monday by research firm Boletín de Puerto Rico.
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