“Discover Puerto Rico” has been adopted as the island’s destination marketing organization’s new name, and was unveiled during the Destinations International Annual Convention.
The Strategic Group, P.R., a private equity firm based in Dorado Beach, Puerto Rico, has announced it has acquired all outstanding interest it did not previously own in Alpharetta, Georgia-based Ascenda BioSciences, LLC (formerly DRG Laboratory) through an affiliated special purpose acquisition vehicle.
The U.S. Environmental Protection Agency has joined partners across federal, tribal, state, and local governments in preparation for the 2018 Atlantic hurricane season.
Social media giant Facebook is hosting a series of “Boost your Business” seminars in Puerto Rico this week, it announced.
The HOPE NOW Alliance, in conjunction with KMart, are hosting a free Homeownership Recovery Center to help homeowners impacted by Hurricane María and “are feeling frustrated with the recovery process.”
The law that Puerto Rico enacted last month to privatize the Puerto Rico Electric Power Authority has many flaws, including labor protections that are too weak, an unnecessary restructuring of the Puerto Rico Energy Commission and a lack of commitment to strong energy planning, the Institute for Energy Economics and Financial Analysis affirmed.
As a precautionary measure due to the shortage of foods and supplies thanks in large part to Hurricane María on the island, large chain supermarkets, Econo and Selectos have opted to be better prepared for the upcoming hurricane, set to affect Puerto Rico as soon as this Monday.
America Cruise Ferries, the company that connects Puerto Rico and the Dominican Republic by sea, has signed a letter of intent with the Puerto Rico Ports Authority to invest some $15 million to redevelop Piers 15 and 16 at the San Juan port.
Nearly five months after announcing its intention to buy Wells Fargo’s auto lending business in Puerto Rico — which does business as Reliable Auto — Popular Inc. confirmed it has completed the regulatory clearance process needed to close the deal.
U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the Puerto Rico Trade and Export Company.
Veteran traveler and investor Keith St. Clair formally announced his plans for the first phase of what will become the Puerto Rico Film District that is set to be completed as early as December 2019 behind the Puerto Rico Convention Center.
The Ángel Ramos Foundation will award $300,000 in grants, split equally among six Puerto Rico nonprofits that went above and beyond their duties to help communities after Hurricanes Irma and María.
With the goal of continuing to provide solutions in service and variety of products, Packers Provision has expanded operations to incorporate a new fresh produce division, Packers Fresh Solutions.
The 7th annual “Caguas Compite” business incubation program concluded with a graduation rate of 85 percent, one the highest percentiles since the initiative began in 2012, town officials confirmed.
The Arecibo Credit Union has invested some $1.5 million in a new technology platform that will add new services, improve customer experience, streamline banking transactions and provide new protections to customer data to make it safer, company President William Méndez-Pagán said. The migration of operations to the new platform will be completed by July 3, […]
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