No sooner had the local government signed off on a new law approving a 4 percent tax on controlled foreign corporations this week, that a stateside organization saw an opening to begin luring local manufacturing corporations to move north.
The Puerto Rico Hotel and Tourism Association recently celebrated 60 years of achievements with a special event at the Puerto Rico Museum of Art.
First BanCorp, parent company of First Bank, is getting ready to to price a $500 million secondary common stock offering next week, as an effort to shore up its finances.
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