The year 2010 witnessed the struggle by 850 commercial establishments that sought protection from the U.S. Bankruptcy Court, either to reorganize or liquidate their operations, local research firm Boletín de Puerto Rico revealed Tuesday. In total, the year wrapped up with a 10 percent increase in overall bankruptcy filings, in comparison to 2009.
Nearly 15 days after Law 154 — imposing an excise tax on sales by local subsidiaries to their foreign parent companies — went into effect, members of the Puerto Rico Manufacturers Association got a chance Friday state for the Legislative record their opposition to the measure.
Puerto Rico is gearing up to welcome more than 1,200 travel agents from 120 countries who will participate in the American Society of Travel Agents' annual convention, slated for April 14-17.
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA