Investments made in Puerto Rico by companies performing research and development activities totaled $449.3 million in Fiscal 2013, up 3.3 percent in comparison to the total reported in 2009, the Puerto Rico Statistics Institute revealed.
Members of a newly formed nonprofit, non-partisan organization under the name Puerto Rico is the Answer has taken upon itself the task of actively help international investor prospects identify and set up attractive business ventures on the island, using fiscal autonomy as the cornerstone of the effort.
The Puerto Rico Investment Summit, a two-day conference held in collaboration with the Department of Economic Development and Commerce of the Commonwealth of Puerto Rico and Paulson & Co., will be held later this week, focusing on Puerto Rico as a business and investment destination.
In less than 18 months, the town of Bayamón will become home to Puma Energy’s fifth worldwide regional office, joining Tallin (Estonia), Johannesburg (South Africa), Brisbane (Australia) and Singapore as key locations for the company, officials announced Tuesday.
The Puerto Rico Department of Agriculture will be signing agreements with 24 farmers in the Arecibo region to assign funding that will generate $676,132 in economic activity, agency officials said.
A trio of students from the Colegio San José won this year’s Puerto Rico edition of “The Stock Market Game,” sponsored by the New York Stock Exchange and Oriental bank.
Cheddi Jagan International Airport is about to undergo a dramatic transformation that will enable Guyana’s only air link to the outside world to receive larger, heavier aircraft — boosting direct passenger traffic to and from Europe and North America.
UBS Puerto Rico executives announced Wednesday the creation of the U.S. Municipal & Income Fund Inc., an additional investment alternative to its existing portfolio of funds.
“Operación Empleo,” the new administration's first large-scale initiative through the Department of Economic Development and Commerce to offer workshops aimed at investors and private sector companies, will take place Jan. 16, government officials announced.
Auto executives serving the Puerto Rico and U.S. Virgin Island markets agreed Tuesday that the best time to buy a new car and invest in the auto industry is now, as the sector has upheld the momentum begun last year and is on track for improvement in 2012.
As the stateside wireless industry’s landscape faces the possibility of reshaping to accommodate the proposed merger of two important service providers, the CTIA Wireless Association recently released an overview of the sector’s virtually unstoppable plans to invest and grow.
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