Grupo Colón-Gerena, the franchisee of a combined 115 fast-food and casual dining restaurants in Puerto Rico, will pay for the sales tax applicable to certain menu options starting today, the company announced. Applebee’s, Longhorn, Olive Garden, Red Lobster, Sizzler and Wendy’s will include the sales tax as part of the price for the selected “premium” […]
In response to the severe and extensive damage caused by a series of earthquakes that continue to impact Puerto Rico, the Federal Home Loan Bank of New York has announced $500,000 in donations to organizations leading relief efforts in the Commonwealth. In addition to the charitable contributions, the FHLBNY has $1 billion in disaster relief […]
The Department of Economic Development and Commerce, through its Youth Development Program, is sponsoring a second edition of its “Entrepreneur Challenge” that seeks to train and encourage young people between the ages of 21 and 29 to develop their companies. “This year we again join forces with the INprende organization to launch the ‘Entrepreneur Challenge’ […]
Given that the De Diego highway (PR-22) crosses 12 of Puerto Rico’s northern coast towns, its operator Metropistas has launched a new tool to explore them, called “RutaAventura PR-22,” to promote local tourism. By visiting the “RutAventura PR-22” website, users will find routes for different activities and audiences, featuring destinations to map out a trip […]
XJTT Hospitality Inc. and the Puerto Rico Tourism Co. announced the celebration of the Puerto Rico HotelierCon 2020, an educational convention focusing on topics related to hospitality and tourism and developing local talent. The event will be held Mar. 11 at the Cabo Rojo Convention Center, organizer Xavier Ramírez confirmed, adding “we’re at a very […]
The threat of coronavirus/COVID-19 is real. Today, every organization must be prepared to face its consequences, whether due to a possible outbreak between its employees or the closure of operations to avoid being a source of contagion. There is much that is unknown about COVID-19. In the event of a possible emergency, we will have […]
As part of an ongoing commitment to support of social mobility and recovery efforts in Puerto Rico, Ford and Ford Motor Company Fund – the automaker’s philanthropic arm – partnered with several local nonprofits to host an event that brought the community together and provided a myriad of services to families affected by the recent […]
The Mano Amiga program, the social responsibility effort of the Plaza Las Américas Foundation and the Plaza Del Caribe Foundation, will accept requests for donations from nonprofit entities until Mar. 31, 2020. The program will be focused on addressing the special needs of residents in the south and southwest region of Puerto Rico, affected by […]
Sacred Heart University is inviting its students and alumni to participate in a Job Fair on Mar. 10 from 9 a.m. to 1 p.m. at the school’s library. More than 25 employers with recruitment opportunities in several areas will be present at the event organized by Sacred Heart University’s Professional Experiences Center. As part of […]
Easter and summer are approaching and with them the challenge of finding a place to spend the holidays with the family in a cost-effective or different way. In come short-term property rentals, through platforms like Join a Join, which have gained popularity during the holiday seasons. Join a Join is an online, interactive and secure […]
Holberton School, a full-stack software development school announced the launch of its 10th location, which will open in Santurce. Holberton’s mission is to empower talented and motivated people to succeed in a software development career, regardless of their economic or socioeconomic background. The school brings a curriculum developed by top experts from Silicon Valley, with […]
To date, the Federal Emergency Management Agency has approved more than $67 million to repair and rebuild parks and other recreational facilities on the island that were damaged by Hurricane María, the agency said. Representing 161 projects, these funds will help restore the sense of community that is an integral part to the recovery of […]
United Technologies Corp. and the National Academy Foundation (NAF) announced a multi-million-dollar national partnership to expand NAF Academies of Engineering to Puerto Rico and beyond, the companies announced. The partnership, which entails a $3 million funding commitment over three years, aims to expand NAF’s well-established and successful Academies of Engineering, bringing industry-proven STEM programs to […]
On April 2, the island’s blossoming hemp industry will gather to participate in an ambitious agenda of conferences on economic opportunities and prospects for the cultivation and commercialization of the plant and its derivatives in Puerto Rico and the U.S. mainland. The “Puerto Rico HempBiz,” to be held at the Hyatt Grand Reserve in Río […]
For several years we have been talking about transfer pricing in Puerto Rico. What is transfer pricing? In a simple way, we could define it as the price that an entity charges to a related entity for goods and services, when they are each in different jurisdictions. Then, why is this subject more important now […]
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