Construction will resume on a project announced in October 2007, known as the Science City in Río Piedras, to provide Puerto Rico with the infrastructure to compete globally in the research industry and the development of new cancer treatments, Gov. Alejandro García-Padilla said Wednesday.
The owners of the Taco Maker chain in Puerto Rico are setting their sights on other markets on the U.S. mainland and in Central and Latin America to fuel growth in 2014, when the company also plans to expand on a newly introduced modular restaurant concept they believe is the cornerstone to successfully bucking local economic conditions.
Even as Starbucks Coffee Puerto Rico LLC readies to unveil a new store on Loíza St., it is scouting for prime locations for the new stores planned for 2014 in an investment that could reach $1.5 million, said a company official.
Portland, Ore.-based Banfield Pet Hospital, considered one of the world’s largest veterinary practices, announced the opening of its first Puerto Rico location, in the San Patricio sector of Guaynabo. The new hospital is located inside PetSmart and will open in February 2014.
Puerto Rico Trade and Export rolled out an initiative Wednesday to spur community economic development that is split into two programs: a Microenterprise Development Incubator and an Economic Incentive to Community Microenterprises, said agency Executive Director Francisco Chévere.
The construction of a Chabad Jewish Center in Isla Verde will inject $5 million into the local economy and create 50 direct and indirect jobs, Gov. Alejandro García-Padilla said Tuesday at the groundbreaking for the project.
Littler, the world’s largest employment and labor law practice representing management, will combine with Puerto Rican law firm Schuster Aguiló, effective Jan. 1, 2014.
Good business people should always have an ear to the ground. Figuratively speaking, of course. In our day and information age, entrepreneurs must be tuned in to the Internet and its plethora of digital social platforms. An ear to the web, so to speak.
The Puerto Rico Hotel and Tourism Association officially kicked off the holiday season this past weekend with the culinary celebration of Saborea Puerto Rico Winter party at the Courtyard by Marriott Hotel in Isla Verde.
Delta Air Lines is expanding its Puerto Rico service this month with new seasonal frequencies between the Luis Muñoz Marín International Airport and Atlanta, Detroit and Minneapolis-St. Paul, the carrier announced Tuesday.
Bankruptcy filings skyrocketed in November, when a total of 823 cases were filed, representing a whopping 20 percent increase when compared to the same month last year, according to preliminary figures released by research firm Boletín de Puerto Rico.
Given world tourism trends, Puerto Rico needs to focus on new markets, such as Germany, Japan, China, and the United Kingdom, to find success in a highly competitive sector and lure tourists to its shores, to be able to reduce its reliance on other industries.
San Juan-based transaction processing firm EVERTEC Inc. announced Monday the start of an underwritten public offering of 15,287,473 shares of its common stock by an affiliate of Apollo Global Management, LLC, Popular Inc., and certain company officers and employees.
Telecommunications provider Claro Puerto Rico announced Monday the expansion of its 4G Long-Term Evolution (LTE) network to nine more municipalities in Puerto Rico, totaling 18 new additions in just seven weeks.
The U.S. Small Business Administration and the Technology Initiative of the Northeast have entered a strategic alliance, through which the federal agency will expand its reach to more potential entrepreneurs, and further promote Puerto Rico’s economic development, SBA District Director Yvette T. Collazo announced Monday.
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