GDB President Carlos García (Photo credit: ©Mauricio Pascual)Government Development Bank President Carlos García will be stepping down from his pos
Read MoreJoaquín Bacardi and José Pérez-RieraIn an effort to convey the message to the rum industry that PR is a viable place to do business, the Economic D
Read MoreThe Treasury Department is responsible for implementing the new tax code. (Credit: Mauricio Pascual©)Following two days of marathon House and Senate
Read More(Credit: Wikipedia Commons)While the local Legislature is pursuing a bill requiring restaurant chains with five or more locations on the island to pub
Read MoreThe GDB is analyzing the possibility of selling GO bonds this year.(Credit: Víctor Román)New York-based Fitch Ratings has assigned a “BBB+” rati
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Washington D.C.-based The Daily Caller on Tuesday zeroed in on the recently passed 4 percent tax on foreign corporations, saying it is has the makin
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The U.S. Department of Treasury has yet to issue a decision on whether foreign companies doing business in Puerto Rico will be allowed to take a credi
Read MoreAfter two years of staying away from such transactions, the Commonwealth is considering a sale of general obligation bonds sometime in 2011 to finance
Read MoreIn a last-ditch effort to raise cash this year, the Puerto Rico Electric Power Authority announced it will be selling $500 million in taxable Build Am
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