The Association of Renewable Energy Producers will host Tuesday a forum focusing on industry issues and the challenges the sector faces in Puerto Rico related to infrastructure, pricing and economic matters.
For the next two weeks, parts of San Juan will become the backdrop for the filming of “22 Jump Street,” a Hollywood production that is expected to pump $9 million into the Puerto Rican economy.
Following President Barack Obama’s announcement of his intention to revisit the proposal to increase the federal minimum wage to between $9 and $10 an hour starting in 2015, the Puerto Rico Manufacturers Association on Thursday raised a warning flag over the possible effects the hike could have on local companies given the island’s economic situation.
Puerto Rico slipped one notch to 33rd place in Transparency International’s Corruption Perceptions Index 2013, but remains among the world’s cleanest countries in terms of levels of dishonesty in the public sector. In 2012, the island placed 32nd.
The Puerto Rico Hospitals Association is evaluating the idea of attracting medical tourists to the island by offering uniform rates for medical procedures.
Scrub Island Development Group Ltd., the owner of a posh resort in the British Virgin Islands, has filed for Chapter 11 protection in a Florida bankruptcy court to ward off a request for receivership granted to FirstBank Puerto Rico through which it seeks to collect on a $108 million loan.
Fresh from a recent $30 million investment in a new four-story building housing an expanded emergency room, San Jorge Children's Hospital is readying for yet another service expansion.
For the 6th consecutive year, a 30-foot tall, traditional Christmas tree stands in the Parque Las Nereidas, across the street from La Concha Renaissance Resort, to usher in the holiday season, gifted by Renace Condado, a nonprofit, nonpartisan community action group dedicated to beautifying and improving the high-tourist zone, and co-sponsored by the Ashford Presbyterian Community Hospital.
Six Puerto Rican entrepreneurs from different industries make up the first “Made in Puerto Rico” series presented by crowdfunding platform Antrocket.com to drive the development of local products and services.
Caribbean Radiation Oncology Center in Bayamón is planning to build a new state-of-the-art facility in Miami, where it will create 22 jobs through $8.3 million in capital investments to expand beyond Puerto Rico’s shores.
The Puerto Rico bankruptcy court saw a slight 2 percent drop in activity in October, when 1,020 cases were filed. During the first 10 months of the year, filings dropped by 4 percent to 9,165 cases, according to research firm Boletín de Puerto Rico, which collects and analyzes court data.
The Corporation for the Supervision and Insurance of Puerto Rico Cooperatives, known as COSSEC in Spanish, wrapped up Fiscal 2013 with $229.2 million in assets, a 5.86 percent year-over-year increase, President Daniel Rodríguez-Collazo said during the entity’s annual convention this weekend.
La Campechada, San Juan's cultural-tourism event slated to take place this weekend, has proven to be a strong source of employment and economic movement for the municipality, promoting local businesses and creating more than 500 jobs in artistic fields in prior editions.
Several restaurant managers and artisans in Old San Juan agreed that “La Campechada” is going to represent a positive economic boost for local artists and shops making a living in the historic city.
Every country in the world is called upon to safeguard its culture to benefit future generations. Puerto Rico is no stranger to this custom and is proud to relive its culture by means of artistic proposals and workshops that allow its citizens to learn and develop their artistic flair.
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA