The towns of Yabucoa, Guayama and Guayanilla will receive a combined $138,982 from the U.S. Department of Agriculture’s Rural Development's Housing Preservation Grant program to make housing repairs and improve housing conditions for limited income rural residents, the agency announced Tuesday.
Puerto Rico’s housing developers are ready to address the current needs that countries in Latin America have for housing by exporting their services, experience and knowledge about foreign markets, Homebuilders Association President Roberto Trápaga said Tuesday.
The Puerto Rico Community Foundation (FCPR, for its initials in Spanish) will be holding the first “Philanthropy Fair” this week, during which various nonprofit organizations will have the opportunity to showcase their work and impact on the community.
The Center for a New Economy expressed its support Wednesday of the creation of an independent energy regulatory board to “rigorously oversee” the Puerto Rico Electric Power Authority’s operations, to spur an improvement in the grid and a reduction in electricity costs passed on to consumers.
The fight against the proliferation of counterfeit goods in Puerto Rico has been escalating in recent months, with the latest round taking place last week when local and federal law enforcement officials conducted seizures of knock-offs of nearly 20 brands sold by a handful of retailers that now face thousands of dollars in fines for violating copyright laws.
Large scale exports of local building services to Latin America may soon be a reality for hundreds of Puerto Rican entrepreneurs, as countries such as Peru and Colombia are interested in developing infrastructure projects and public-private partnerships worth billions that could be served from the island.
Sixteen organizations representing a cross-section of the island’s private sector warned the Puerto Rico Aqueduct and Sewer Authority that a new environmental fee currently under review will represent a blow to economic development, cause business closures, bankruptcies and the loss of thousands of jobs.
Puerto Rico kicked up its export program a notch in October, fielding the largest government-backed delegation yet to a food industry show — 15 companies exhibiting their wares at a Miami Beach event.
The sweeping changes brought about by the Affordable Care Act (ACA) are posing particular challenges to health care providers, insurers and employers in Puerto Rico, where there are notable variations to the applicability of the law.
Ciencia Puerto Rico, the world's largest online network of Puerto Rican scientists, has implemented new capabilities in the CienciaPR.org site to help mitigate the island’s scientific brain drain by adding resources to help the community stay connected.
Puerto Rico projects the image of a society that has achieved material progress but behind the curtain lies a stark reality: 45.6 percent of its people live in poverty compared with 15.9 percent in the U.S., according to a report released by the Pontifical Catholic University of Puerto Rico (PUCPR).
A delegation of Colombian electrical industry executives traveled to Puerto Rico last week looking to establish business relationships with local companies and set the foundation for a possible expansion into the United States via this territory.
Distributor B. Fernández y Hermanos Inc. is marking 125 years of doing business in Puerto Rico, a history that dates to 1888 when three brothers — Bernardo, José and Constantino Fernández — acquired a “mom-and-pop” store in Old San Juan’s La Marina district and over the years turned it into the island’s seventh oldest business.
Ratings on short- and medium-term notes issued by Puerto Rico municipal bond funds remain stable despite severe price volatility in the island's municipal market, Fitch Ratings service said Thursday.
Microfinanzas Puerto Rico President Annette Montoto said Wednesday that the microfinancing firm has been reorganizing its structure as of late — striking new strategic partnerships and reinforcing its services —to more effective cater to its entrepreneurs client base.
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