A broad group of public and private-sector representatives from Puerto Rico are bearing down on Washington lawmakers this week, when a draft of the bill proposing an oversight board for the island is expected to be released and discussed during a hearing Wednesday.
Puerto Rico is an attractive academic destination for international students who confirmed in a recent survey commissioned by the Foundation for Puerto Rico that their expectations are met.
In the past 10 years, the size of the local economy has shrunk by 14 percent, total employment has dropped by 21 percent (more than 250,000 jobs) and the total population has decreased by 9 percent.
Debt insurer Assured Guaranty has aligned with the Ad Hoc Group of Puerto Rico's General Obligation Bondholders, agreeing to the deferral of principal repayment of Puerto Rico General Obligation Bonds on terms “economically consistent with the previously released term sheet,” the group said Monday.
The Coliseo de Puerto Rico has been ranked 15th in the list of Top 100 arenas worldwide in Pollstar Magazine's 2016 rankings, venue officials confirmed Monday.
Members of the government’s Working Group for the Fiscal and Economic Recovery of Puerto will release today details of a revised voluntary exchange proposal presented to advisors to the Commonwealth’s creditors in March.
The Rincón Beach Resort, Triple-S and MMM recently made some executive appointments in their operations, as the private sector does its part to move the economy.
The U.S. Department of Agriculture is making up to $44 million available to farmers, ranchers and businesses to develop new bio-based products and expand markets through the Value-Added Producer Grant program.
GM Security Technologies, a provider of secure cloud computing, big data and integrated security, recently announced a strategic agreement with the Puerto Rico Science, Technology and Research Trust, and the Polytechnic University of Puerto Rico, to launch an innovation and incubation "cluster" for cybersecurity.
A broad segment of the Puerto Rican diaspora and local economic and social organizations met Thursday with House Speaker Jaime Perelló to identified critical areas that must be addressed jointly in Congress, as it shapes solutions for the island’s fiscal crisis.
Lifestyle and fashion apparel retailer Urban Outfitters Inc. will be opening its first store in Puerto Rico in September at The Mall of San Juan, this media outlet has learned.
The 9th edition of “Saborea Puerto Rico: A Culinary Extravaganza” fest will bring together more than 80 local chef and invited Food Network and Travel Channel chefs who will demonstrate their skills this weekend.
Every U.S. citizen is subject to the provisions of the United States Internal Revenue Code ("USIRC") regardless of their place of work or residence. Since people born in Puerto Rico are U.S. citizens, they are subject to the provisions of the USIRC.
Puerto Rican law firm McConnell Valdés LLC is marking seven decades of uninterrupted contributions to the development of the island’s legal profession, as well as its economic and social transformation.
NIMB ON SOCIAL MEDIA