The Puerto Rico Products Association unveiled Monday its “agenda for Puerto Rico’s socio-economic prosperity,” which pursues a three-pronged strategy to promote, develop and optimize the local industry to effectively insert the island into a global and competitive economy.
After a challenging year when Puerto Rico’s economy remained in contraction, members of the different key industries, trade associations and economists weigh in on what 2014 will bring to the island.
Puerto Rico's economy continued to be a hot button issue as growth continued to stall.
Making and selling artisan chocolates in Puerto Rico has become a competitive option for local small businesses, which are already dipping into a growing economic sector.
A House Bill that could pave the way for the creation and implementation of a “Lemon Law” for Puerto Rico is under evaluation, six months after public hearings for the measure that would help protect consumers from defective vehicles were held in early June, this media outlet has learned.
The Puerto Rico Senate approved late Monday the Teacher's Pension System reform bill submitted by Gov. Alejandro García-Padilla last week. The Senate's approval follows Saturday night's passage by the House of Representatives. The bill now goes to the governor's desk to be signed into law.
The Puerto Rico Restaurant Association raised a red flag Thursday against the decision by the Aqueduct and Sewer and Authority’s examiner to enact an Environmental and Regulatory Compliance fee based on consumption for customers whose meters are less than 2 inches in diameter, and a flat rate for those with larger meters.
Ohio-based J.M. Smucker Co. filed a $10 million lawsuit Wednesday against Nestle S.A. and Nestle USA, alleging copyright infringement of its trademark checkered pattern that the later company allegedly use to sell baby food products in Puerto Rico.
In less than 18 months, the town of Bayamón will become home to Puma Energy’s fifth worldwide regional office, joining Tallin (Estonia), Johannesburg (South Africa), Brisbane (Australia) and Singapore as key locations for the company, officials announced Tuesday.
When it comes to accepting and staying at a job, Puerto Rican employees value a positive work environment over higher pay, according to some of the results included in the 6th Employment Survey conducted by nonprofits Universia and Trabajando.com this year.
Puerto Rico’s “millennials,” the segment of the population comprising 18 to 30 year-olds, believe that financial education is a very important factor in achieving personal financial stability, a recent MasterCard study on basic financial knowledge revealed.
Construction will resume on a project announced in October 2007, known as the Science City in Río Piedras, to provide Puerto Rico with the infrastructure to compete globally in the research industry and the development of new cancer treatments, Gov. Alejandro García-Padilla said Wednesday.
The construction of a Chabad Jewish Center in Isla Verde will inject $5 million into the local economy and create 50 direct and indirect jobs, Gov. Alejandro García-Padilla said Tuesday at the groundbreaking for the project.
Littler, the world’s largest employment and labor law practice representing management, will combine with Puerto Rican law firm Schuster Aguiló, effective Jan. 1, 2014.
San Juan-based transaction processing firm EVERTEC Inc. announced Monday the start of an underwritten public offering of 15,287,473 shares of its common stock by an affiliate of Apollo Global Management, LLC, Popular Inc., and certain company officers and employees.
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