Faced with a recent 70 percent hike in municipal taxes payable to Caguas, a group of companies representing a broad sample of businesses — restaurants, supermarkets, cash & carries, retail store chains, and telecommunications carriers — filed a lawsuit against the town to challenge the levy.
With the goal of offering customers a solution to their current financial situation, Popular announced the start of its new personal loans campaign, under the slogan “Consolidate with a personal loan,” expanding on the benefits of this solution.
Puerto Rico Resident Commissioner Jenniffer González announced Wednesday the upcoming creation of an alliance among civic, professional, university and municipalities with the Small Business Administration and the Chamber of Commerce to develop a plan to stimulate the economy through the proliferation of small businesses.
The Courtyard by Marriott Isla Verde Beach Resort unveiled this week the concept of its new Las Brisas rooftop event terrace, that entails an investment of more than $1.3 million, General Manager José C. Padín announced.
Gov. Ricardo Rosselló signed three legislative measures that seek to stimulate the economy and create new jobs in Puerto Rico, with special emphasis on small and medium enterprise, or SMEs.
The Puerto Rico Municipal Legislators Association and America's Drug Card have partnered to distribute the first 50,000 cards that offer significant discounts on drug payments throughout the island, and will be available for immediate use.
The Puerto Rico's Science, Technology and Research Trust will invest $225,000 through the second round of the follow-up fund Parallel18 Ventures, the organization announced Tuesday.
Polytechnic University of Puerto Rico Professor Zayira Jordán, won “InnovateHer,” the local business idea competition sponsored by the Small Business Administration, with the project GuardDV, it was announced Tuesday.
Puerto Rico Trade and Export announced Tuesday a new methodology and sampling to be used to develop the island’s retail sales report, looking to publish a more accurate result by Puerto Rico’s commercial establishments, the agency’s executive director Ricardo Llerandi said.
Following a period of much analysis and evaluation, the Mennonite Health System reached an agreement with the Episcopal San Lucas Health System to purchase the assets and operation of the Episcopal San Lucas Hospital in Guayama, effective Aug. 31.
U.S. Customs and Border Protection announced Monday the launch of CBP Jobs, a new mobile app for prospective agents and officers to track their progress through the hiring process.
Oriental announced Monday its Quick Deposit service will be available in 22 additional full-service ATMs, for a total of 47 throughout the island.
Santander Holdings USA Inc. announced Monday it has priced $800 million in aggregate principal amount of 4.400 percent senior unsecured notes due 2027 and $440 million in aggregate principal amount of 3.700 percent senior unsecured notes due 2022 in a private offering.
Wireless carrier AT&T has invested nearly $20 million in its U.S. Virgin Islands wireless and wired networks during 2014-2016, the company confirmed over the weekend.
Puerto Rico Economic Development and Commerce Secretary, Manuel A. Laboy-Rivera said the agency is “focused on continuing to work with the Integrated Economic Development Plan (PDEI) to further increase the island’s manufacturing index to more than 50 percent.
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