The Department of Economic Development and Commerce’s (DDEC, in Spanish) Office of Business Incentives announced it has granted tax exemption incentives to 25 young entrepreneurs from 15 municipalities throughout the island to develop new businesses. The agreements provide, for a period of three years, the following benefits: 100% exemption in the payment of tax on […]
The US Department of Agriculture announced it is accepting grant applications to reduce water pollution in rural areas by improving solid waste management. The applications are being accepted under the Solid Waste Management Grants program, said Luis R. García, USDA Rural Development acting State Director for Puerto Rico. USDA provides the grants to organizations that […]
In the wake of the backlash to the announcement that Puerto Rico will be one of the countdown locations for this year’s “Dick Clark’s New Year’s Rockin’ Eve with Ryan Seacrest 2022,” the Puerto Rico Tourism Co. defended the move by saying that hosting the event will generate $10 million in visibility worldwide. “After the […]