The government of Puerto Rico is counting on the Financial Oversight and Management Board for Puerto Rico to fight for the permanence of Law 154, passed in October 2010 as an amendment to Puerto Rico’s Internal Revenue Code that places an excise tax on sales generated by local subsidiaries to their international parent companies.
As part of the remodeling and expansion of its facilities, the Costa Bahía Hotel & Convention Center announced Thursday the opening today of its new $5.4 million Blue Dolphin Casino.
Oriental Bank unveiled Thursday its “Oriental 52 Challenge,” a 52-week initiative to mark its anniversary, through which it invites the public to take part in different activities that contribute to their welfare, their family and community.
The U.S. Department of Labor requested that a federal judge approve a consent judgment requiring the Puerto Rico Police Department to pay $8,732,386 in back wages and interest to 2,642 current and former police officers.
Long-time third-party logistics provider César Castillo Inc. announced it will open its third warehouse in November after an investment of more than $1 million in equipment.
After a successful first workshop delivered by Yale University in May 2016, the Yale Center for Clinical Investigation (YCCI) this week offered a series of workshops on clinical research to Puerto Rican researchers.
The Puerto Rico Association of Automobile Distributors and Dealers released the findings of a study Wednesday that reflected, among other data, that used car sales has been on the rise in the past decade, outpacing new vehicle movement.
Ford Motor Company Fund announced Wednesday it will launch its signature program, Ford Driving Dreams Tour, for the first time in Puerto Rico.
The third edition of Biolatam international life science partnering conference will take place in San Juan Nov. 29-30, organizers announced Wednesday.
Treasury Secretary Juan Zaragoza will ask the Financial Oversight and Management Board for Puerto Rico to place the agency he heads under receivership, to prevent anyone — including himself — from signing off on significant material transactions that could affect the government’s coffers.
The Puerto Rico Aqueduct and Sewer Authority’s (PRASA) board of directors on Tuesday authorized the creation of a Memorandum of Understanding to provide staff and services to the PRASA Revitalization Corp., formed recently to provide external financing to the cash-strapped water utility.
The Episcopal San Lucas Hospital in Ponce unveiled Tuesday a $2.5 million investment in its facilities, where it added a new Fetal Medicine Center, an Intermediate Emergency Room Unit, as well as new nuclear equipment.
Banco Popular announced Tuesday it is partnering with Diebold Nixdorf to pilot advanced predictive maintenance analytics to increase operational efficiency and broaden consumer touchpoint visibility.
Wireless carrier Sprint announced Tuesday its “Unlimited Freedom for Business” plan, which offers four lines of unlimited talk, text and data for $35 per month per line.
Backyard Bondholders, a nonprofit group representing more than 60,000 individual Puerto Rican creditors holding about $15 billion in public debt, warned Monday that the government’s proposed 10-year fiscal plan would jeopardize future economic growth recovery.
Triple-S Advantage’s HMO contract (H5774) received a 4-star rating from the Centers for Medicare and Medicaid Services (CMS) 5-star rating system as a result of the company’s close collaboration with its healthcare providers and business partners to provide quality services to the Medicare Advantage population, the insurance provider announced Monday.
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA