The government of Puerto Rico plans to spend $750,000 over a 12 month-period starting in June to open and run commercial offices in Colombia and Perú — and launch a magazine to document its actions — to drum up business in Latin America and establish the island as the bridge between that region, Europe and the United States.
The Government Development Bank for Puerto Rico spent $2.6 million to pay for the services of two stateside law firms, Cleary Gottlieb Steen & Hamilton LLP and Proskauer & Rose LLP, seeking advice on “financing plans and other related matters.”
The U.S. Customs and Border Protection, which is part of the U.S. Department of Homeland Security, will increase the number of agents in Puerto Rico and other jurisdictions by hiring a total of 2,000 additional agents, Puerto Rico Federal Affairs Administration Executive Director Juan E. Hernández announced.
A subsidiary of transportation and petroleum distribution company, Saltchuk Resources, has entered into a binding purchase and sale agreement to acquire Tropical Shipping and its related companies, it was announced Monday.
Claro and Samsung Electronics announced the arrival of the highly anticipated Galaxy S5 smartphone and accompanying Gear accessories, which the carrier is adding to its lineup before other local wireless competitors.
Sporting goods retail chain Sports Authority’s arrival to Puerto Rico coincides with a time of economic challenges for the island that also represent opportunities for a company that has been considering coming here for more than a decade.
Effective tomorrow, Liberty Puerto Rico will eliminate all of the Viacom channels in the Ultimate and Ultimate Plus video tiers after unfruitful negotiations with the provider, the local cable carrier said.
The Pan American Health Organization and the Puerto Rico Statistics Institute are working together to enable the island to produce comparable statistics about the mental health system based on World Health Organization Assessment Instrument for Mental Health Systems parameters, known as WHO-AIMS.
Ventura Corporation, a Puerto Rico-based wholesaler of makeup, beauty products, jewelry and other personal care items to retail sellers, has agreed to settle a sex discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission.
A student from the Universidad del Este won this year’s fourth edition of the MasterCard Student Food Challenge, held prior to this weekend’s Saborea culinary fest, receiving a $1,000 scholarship for proving his talent in the kitchen, the credit card company announced.
Some 28,699 Puerto Rico residents signed up for health coverage under the Patient Protection and Affordable Care Act, during the six-month subscription period that ended Mar. 31, Insurance Commissioner Angela Weyne said Thursday.
It’s no secret that Puerto Rico’s real estate sector has taken a beating in recent years due to the economic woes the island has been facing for the better part of the past decade. Property sales have stagnated and values have dropped in certain categories, affecting banks and brokers alike.
Puerto Rico Trade and Exports and student organization AIESEC have signed a cooperation agreement to develop the incursion of Puerto Rican companies in international markets.
Puerto Rico Coffee Roasters on Thursday launched an awareness and social responsibility project dubbed “Sembrando el Bien,” (“Sowing the Good”) whose goal is to preserve and spare natural resources by developing sustainable agriculture to contribute to the island’s well being.
Puerto Rico Resident Commissioner in Washington, Pedro Pierluisi, on Thursday praised the Senate Finance Committee’s decision to extend, for 2014 and 2015, a package of expired tax provisions known as “tax extenders.”
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