Treasury: 32 Palmas del Mar businesses fined $373K
March 25, 2014
Thirty-two businesses operating in the upscale Palmas del Mar community in Humacao are facing a collective $373,000 in fines for failing to remit sales and use tax (known as IVU in Spanish) payments to the agency.
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Gov’t hopes major tourism ventures will boost economy
March 12, 2014
Two investment groups announced plans this week to shell out a combined total of more than $460 million in separate acquisitions that will significantly strengthen Puerto Rico's status as a high-end luxury resort destination, government officials hope.
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Investors buy Punta Candelero Beach Resort
March 11, 2014
Puerto Rican investment firm Encanto Group announce Monday the acquisition of Punta Candelero Beach Resort and Marina at Palmas del Mar in Humacao.
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