The government’s economic team, headed by Puerto Rico Treasury Secretary Melba Acosta and Government Development Bank Interim President José Pagán confirmed the introduction of a bill to expand the Sales Tax Fund Financing Corporation's (COFINA, by its Spanish acronym) capacity to issue bonds and facilitate the execution of a more cost-effective financing for the Commonwealth.
The Puerto Rico Hotel and Tourism Association said this week it is “pleased” with the results of the final report for House Resolution 129 that ordered a study on the causes for casino closings on the island, which pointed to illegal slot machines as the cause.
Two years after taking over the management responsibilities of Puerto Rico’s highways PR-22 and PR-5 from the government, private operator metropistas has already invested $30 million in improvements, company officials said Wednesday.
Puerto Rican consulting, crisis management and public relations firm Full Circle Communications Inc. is marking its 10th anniversary with the launching of a new agency division focused on offering customized trainings to executives and managers, so they may become effective communicators.
If you are an entrepreneur, scientist or professional with an innovative idea for new clean technology products or services with the potential of going commercial, then you should know the Clean Technology Accelerator, known as ACT Global, is accepting proposals to develop marketable projects, company director Javier Lugo-Mender said.
Meat Market, a modern and contemporary steak house and seafood restaurant whose location in Miami is a magnet for celebrities, will open its second eatery in the Isla Verde sector of San Juan this Thursday, just in time for Puerto Rico's December-to-April peak tourism season.
Officials from General Electric and the Puerto Rico government announced jointly on Tuesday the addition of a new product line to the company’s plant in Vieques that will add 11 new jobs there, and the introduction of a new line in San Germán that will bump up the payroll by 50.
The Puerto Rico Agriculture Department has been awarded $352,290 from the U.S. Department of Agriculture to develop eight projects that will increase sales of specialty crops by improving food safety through training and mentoring programs, the federal agency announced Tuesday.
The Puerto Rico Public-Private Partnerships Authority and the Puerto Rico Infrastructure Finance Authority announced Tuesday they will be receiving proposals from qualified companies interested in providing construction and maintenance services for the second phase of the School Modernization Program, known as “Escuelas de Primera.” The RFQ must be submitted on or before Oct. 8, Grace […]
Lucienne Gigante, senior vice president of Doral Bank, recently discussed the importance of community empowerment and its multiplier effects on society, during the 34th annual convention of the U.S. Hispanic Chamber of Commerce.
The U.S. Department of Transportation has approved the Delta Air Lines and Virgin Atlantic Airways Ltd.’s joint venture by granting antitrust immunity on routes between North America and the U.K.
José Ramón González has resigned as senior executive vice president of banking and corporate development to accept a position as executive vice president of the Federal Home Loan Bank of New York, Oriental Financial Group announced Monday.
Paulson & Co. Inc., a New York-based investment firm, announced Monday that on behalf of its Recovery Funds it has acquired a majority interest in The St. Regis Bahía Beach Resort, Puerto Rico and the Bahía Beach Resort & Golf Club.
No one knows when or how it will happen, but it when it does, U.S.-based companies that do tech commerce in the Caribbean will be ready.
INTERPHEX Puerto Rico, together with Medical Device Puerto Rico and Buildings & Facilities Puerto Rico 2013, will present a robust educational program featuring industry experts who have led innovative global initiatives in areas such as sustainability and security to reduce manufacturing costs, optimize the supply chain, and maximize human resources. The event will take place Oct. 10-11 at the Puerto Rico Convention Center.
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA