ESJ Towers, located in the municipality of Carolina, has undergone an extensive six-month renovation to the tune of $12 million led by travel industry veteran Keith St. Clair. After the renovation that added approximately 30 direct employees to the roster the property has been re-branded as ESJ Azul.
Puerto Rico and the state of Kansas implemented the most significant sales tax rate increases in 2015, according to the annual sales tax rate study released Wednesday by corporate tax solutions provider Vertex Inc.
U.S. Senator Maria Cantwell (D-Wash.), ranking member of the Senate Energy and Natural Resources Committee, along with Minority Leader Harry Reid and 44 other Democrats and Independents in the Senate, wrote to Leader Mitch McConnell urging bipartisan, legislative action to give Puerto Rico access to the appropriate financial restructuring tools.
The U.S. Customs and Border Protection San Juan Office of Field Operations hosted Wednesday the Automated Commercial Environment (ACE) Symposium to familiarize the local trade community about the transition to a single window for import and export reporting.
Popular Inc. reported net income of $137.4 million and adjusted net income of $98.3 million for the quarter ended Dec. 31, 2015, compared to net income of $85.6 million and an adjusted net income of $93.4 million for the quarter ended Sept. 30, 2015.
In the two years since the government passed Laws 20 and 22, some 900 companies have gotten decrees and generated more than $1.4 million in economic activity in Puerto Rico through new operations and exports, a study revealed Tuesday by the Economic Development and Commerce Department showed.
The Hyatt Place San Juan/City Center, the fourth property flying the Hyatt flag on the island, officially became the newest resident of the Puerto Rico Convention Center District in Miramar, through a nearly $30 million investment.
Puerto Rican firm Restaurant Operators Inc. announced Monday that construction on the first Red Lobster restaurant in Puerto Rico will begin in May, through an investment of $2 million.
After more than two years of absence in the local market, the Toyota Yaris sedan is making a comeback to Puerto Rico. In its 2016 edition, the totally redesigned sedan comes with attributes and features that promise to rekindle the attraction among its admirers.
Across-the-board spending cuts and tax increases, until recently, were the solution to deal with Puerto Rico’s debt and deficit. Today, the question on everyone's mind should be: how can we improve living conditions and promote spending to help jumpstart our stale economy?
The U.S. Department of Agriculture’s Rural Development is accepting applications for its Distance Learning and Telemedicine (DLT) Program, which provides increased access to education, training and health care resources in rural areas, Under Secretary Lisa Mensah said Monday.
The most recent data released by the Puerto Rico Telecommunications Regulatory Board shows a slight drop in active telephone lines — counting wireless and fixed services — in comparison to last year.
The first round of applications for the Parallel18 startup acceleration program closes on Jan. 29th at noon (EST).
The San Juan Marriott Resort & Stellaris Casino officially unveiled this weekend its renovated vice-presidential and junior suites, which at a cost of $500,000 feature contemporary designs and spectacular views of San Juan and the Atlantic Ocean.
A trio of students representing the University of Puerto Rico in Río Piedras won this year’s edition of the Financial Awareness Video Contest sponsored by the Puerto Rico Bankers Association and the Federal Reserve Bank of New York.
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