LARES — One of Puerto Rico’s most prominent coffee-growing families is pouring $15.5 million into a complex that includes Hotel Hacienda Lealtad — a five-star boutique mountain resort aimed at wealthy tourists with a passion for gourmet coffee.
The U.S. Small Business Administration Puerto Rico office and the humanitarian organization Nuestra Familia LGBTT Puerto Rico have entered into a strategic alliance to foster small business creation in the lesbian, gay, bisexual and transgender (LGBTT) community on the island.
The Puerto Rico Builders Association unveiled Thursday its proposal for economic development that focuses on strengthening private enterprise as an axis of local production and empowering the third sector to develop communities.
New Jersey-based P3 Group, an international consulting, management and engineering services company, announced Thursday the opening of a new office in Puerto Rico to serve the growing device testing, performance assessment and network optimization needs of U.S. and global wireless carriers, device manufacturers and infrastructure providers.
Popular Community Bank, a subsidiary of Popular Inc. announced Thursday the opening of a new retail branch in Aventura, Florida, the first high-tech branch unveiled in the area, bank officials said.
The McConnell Valdés Pro Bono Program is marking a decade of continuous contribution to the development and strengthening of the nonprofit sector in Puerto Rico, to which it has granted more than 10,600 hours in free legal services — or more than $2 million — to some 300 organizations on the island.
Oriental Bank recently granted three credit facilities totaling $1.5 million to Olein Refinery, which it will use to convert power generation at its Cristal products manufacturing plant and oil recycling operation into an environmentally friendly system.
Puerto Rico will be represented for the first time at the Havana International Fair, slated to take place on the neighboring island nation Oct. 31-Nov. 4, as a result of a effort between the Development and Commerce, the Puerto Rico Trade and Export Company and the private sector, it was announced Thursday.
Looking to promote local economic development and job creation, Puerto Rican company Restaurant Operators Inc., announced it is looking to fill 200 slots at its fifth Olive Garden restaurant expected to open in early 2017 at the Plaza Las Américas mall in Hato Rey.
Earlier this month, the El San Juan Hotel & Casino — an icon of the bustling Isla Verde tourism strip — closed temporarily as it undergoes a $60 million top-to-bottom redesign of virtually all public areas and guestrooms to attract a new type of client seeking a luxury lifestyle, as well as group business.
Business consulting firm Vision-to-Action (V2A) announced Wednesday the launching of the largest and most comprehensive database of the banking industry in Puerto Rico.
Tourism destinations need to “move forward and do things differently,” including relying on the so-called “sharing economy” as a key driver of doing business, Meet Puerto Rico President Milton Segarra said Wednesday, during the Destination Marketing Organization’s (DMO) annual meeting.
The Puerto Rico Bankers Association will be submitting a set of recommendations to the Congressional Task Force on Economic Growth addressing key areas in federal banking regulations that could be eased to benefit the Commonwealth’s economy, Executive Director Zoimé Álvarez-Rubio confirmed Wednesday.
The Puerto Rico Minority Supplier Development Council will present a proposal to the Congressional Task Force outlining a new economic model guaranteeing the reactivation of the island’s manufacturing sector through purchases from minority businesses, the nonprofit’s Chairman, José Ríos-Nieves said Tuesday.
Popular Inc. announced Tuesday that it is the second financial institution in the United States and the first in Puerto Rico to enable their credit cards for use in Cuba.
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