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.
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