The Casals Festival, the yearly musical fest founded by cellist Pablo Casals, closed its 58th season on March 15 with a sold-out performance by André Watts. The 2015 season is already in the works but one thing is certain: expect more downsizing.
The Puerto Rico Highway and Transportation Authority confirmed Wednesday that 30 local companies have been certified to participate in bids for federally funded highway and transportation projects, which will help “strengthen the economy and improve the quality of life.”
Payroll, food and electricity represent the three major expenses for Puerto Rico restaurants, which are feeling the crunch of rising costs all-around, Restaurant Association President Carlos Morell said Tuesday during a public hearing at the Senate.
The Puerto Rico Treasury Department is kicking this year’s tax season into high gear this week, when it will begin cutting tax refund checks and will open eight tax return orientation and preparation centers today, agency officials said.
Problems with internal reviews of data related to its allowance for loan and lease losses and the related provision for loan and lease losses will prevent Doral Financial Corp. to file its 2013 annual report in a timely manner with the Securities and Exchange Commission, the bank told the regulator Tuesday.
An estimated 40 workers — unionized and management — will receive pink slips today from GFR Media Inc., parent company of newspapers El Nuevo Día, Primera Hora and Índice, this media outlet learned.
Puerto Rico’s unemployment rate reached 15.2 percent in January, up slightly from the 14.6 percent on record for the same month in 2013, but down marginally from the 15.4 percent the Department of Labor and Human Resources confirmed for December 2013.
An Individual Retirement Account is one of very few deductions that remained available in the income tax return after the approval of the new Internal Revenue Code.
The Corporation for the Supervision and Insurance of Puerto Rico Cooperatives, known as COSSEC in Spanish, announced Monday the implementation of a temporary rule applicable to the distribution of surplus revenue — a statute designed to ensure the health and financial soundness of the island’s credit unions in the face of credit rating changes.
Grupo Guayacán, a nonprofit that seeks to couple private equity investment with a series of programs aimed at developing, strengthening, and advancing Puerto Rico’s entrepreneurial ecosystem, announced over the weekend the start of its annual EnterPRize Business Building Competition.
As part of the government’s strategies to increase tax evasion oversight, Puerto Rico Gov. Alejandro García-Padilla sent a bill to the Legislature that will allow the use of certified payment processors in all local businesses, as well as the exchange of information between municipalities and the Treasury Department.
Nearly five years after opening as one of the main dining attractions at the Doubletree by Hilton at Gallery Plaza hotel in Condado, restaurant Under the Trees quietly closed its doors Sunday, a decision announced on its Facebook page.
Retailer Shoe Carnival will be expanding its line of women's footwear and to celebrate it, will host the “Festival de Moda VIP Primavera 2014,” a special event on Mar. 23, at the store located in Plaza Caparra in Guaynabo, featuring all of the new brands.
The Roosevelt Roads Redevelopment Authority opened Thursday a Request for Proposals process for small entrepreneurs and merchants located mostly in the eastern region of Puerto Rico seeking to launch eco-tourism services, nature related tourism projects, recreational and/or complementary activities.
The Puerto Rico Highway and Transportation Authority will kick off next week a new ticket discount program for drivers who have used the “AutoExpreso” lane without the funds needed to cover the toll.
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