The use of the internet in Puerto Rico continued its upward trend in 2018 after the passage of Hurricane María, reaching an incidence of 75 percent among users 12 years and older, equivalent to 2.2 people, according to the results of the 2018 Digital & Mobile Behavioral Study.
Puerto Rico’s School of Certified Public Accountants expressed its support of House Bill 1544, which proposes a new Tax Code for the island, saying it introduces “a number of significant changes in the rate of income tax for both individuals and corporations.”
The Federal Emergency Management Agency approved the extension of the U.S. Army Corps of Engineers mission assignment for emergency power restoration in Puerto Rico.
The Mitsubishi Eclipse Cross has received the “Good Design” award from The Chicago Athenaeum, Mitsubishi Motor Sales of Caribbean Inc. announced.
Gov. Ricardo Rosselló’s administration has put together a list of incentives granted to different sectors and companies that do not offer a return on investment to the public coffers, and will recommend their elimination.
For the third time since Hurricane María devastated Puerto Rico and the U.S. Virgin Islands, the Federal Housing Administration announced it is extending its foreclosure moratorium to borrowers with FHA-insured mortgages.
The Jeep brand announced the Puerto Rico arrival of the new generation of the icon of the brand, the Jeep Wrangler, designed to remain true to its 77-year legacy.
Five new entrepreneurs launched efforts to promote their business ideas after completing their participation in the second edition of the boot camp-like program “It’s Never Too Late to Start.”
Combate Beach Resort executives unveiled six new and modern “King-Deluxe” rooms, representing a $40,000 investment and “setting a new standard of quality and sophistication in the small inns in the tourist region of Porta del Sol.”
An estimated 17,000 cruise ship passengers are expected to arrive in Old San Juan today, a visit that is expected to pump some $1.5 million into the local economy.
New car sales in Puerto Rico reached 8,105 units in April, representing a 37.3 percent increase over the 5,903 units sold during the same month last year, the United Group of Automobile Importers confirmed.
A group of experts from Puerto Rico’s medical cannabis industry will host a forum to discuss the draft of the new Medicinal Cannabis Regulations recently published by the island’s Health Department.
The Coliseo de Puerto Rico continues as the preferred entertainment center for Puerto Ricans and the Caribbean people, according to Pollstar Magazine and the Top 200 Arenas chart.
Members of Puerto Rico’s banking sector testified at a House hearing to analyze the new Tax Reform under review, saying its principles are “step in the right direction.”
Less than a month before the start of this year’s hurricane season, the Retail Sales Association once again urged the government to eliminate the tax on inventories as part of the Tax Reform being crafted for Puerto Rico.
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