Puerto Rico's socioeconomic fiscal base has eroded and continues to erode significantly, while the central government and some public corporations are basically insolvent.
The Department of Transportation and Public Works is expected to make an announcement in coming weeks about its plans to kick off a service to connect people from areas lacking bus service with Urban Train stations, this media outlet learned.
Aware that an individual’s financial health is key to the development of their micro, small and medium business ventures, Consumer Credit Counseling Services and the Corporation for Business and Community Financing, known as COFECC, announced Tuesday the terms of a partnership to help participants strengthen their knowledge and personal finance management.
Domino's Pizza is introducing a new store concept to the island, with the opening of Puerto Rico’s first free standing Pizza Theater Store in Canóvanas, where customers will be able to experience their pizza being freshly made and baked in front of them.
The Puerto Rico CPA Society recently swore in its new president, Aníbal Jover-Pagés, as well as its new board, which will oversee and implement the professional trade group’s agenda during 2013-14.
Puerto Rican retailer Gatsby is marking its 48th the anniversary on the island this month with a lineup of activities to recognize its loyal customer base, company officials said.
Puerto Rico’s biosciences sector, which accounts for about 28 percent of the island’s gross domestic product and generates more than 100,000 direct and indirect jobs, will look for ways to transform its future during its 10th annual “Biosciences Week” event this week.
A transportation service to ferry people from the heart of Hato Rey to Plaza Las Américas weekdays during peek hours will debut Sept. 24, courtesy of the mall management. The service is free.
Aware that buying a home can be daunting, Oriental Mortgage is launching a campaign to help first-time buyers ward off “Adquidofobia,” or buyer’s phobia of signing on the dotted line.
The U.S. Department of Commerce's Minority Business Development Agency (MBDA) announced Monday a supplemental investment of $625,000 to five existing MBDA Business Centers, including the Puerto Rico office.
Latitud Sur, a “pop-up” restaurant that will open in Ponce as part of the North to South Gastronomic Fair taking place Sept. 19-22, will gather some of the island’s best chefs who will offer contemporary Puerto Rican food during the eatery’s short stint in front of Sears Home Life at the Plaza del Caribe mall, organizers said.
Hotels in the Caribbean that have enabled the Expedia Traveler Preference program have experienced an increase in their standalone (room only) year-over-year net room night production of 29 percentage points on average, according to analysis by the Expedia group released Monday.
Puerto Rican technology firm e-Nabler Corp. has reached an agreement with big-box retailer Costco to sell an all-in-one mobile point of sale solution for Apple’s iPhone and iPod Touch products.
Puerto Rico’s government agencies, certain corporations and other entities are dragging a combined $39 billion net asset deficit, which represents an increase of approximately $5.3 billion when compared to the fiscal year ended June 30, 2011.
Caribbean markets are increasingly seeking investment opportunities in Colombia, showing particular interest in software, IT and business process outsourcing services as well as insurance and financial services, hotel infrastructure and construction materials.
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