After months of anticipation, the first H&M store in Puerto Rico, located in The Mall of San Juan, opened its doors Thursday. More than 1,400 H&M people lined up for more than seven hours to be the first inside the new store when it opened at noon.
Twenty eight proposals from local entrepreneurs were chosen the winners of the first edition of Popular Inc.’s “StartUp Popular” initiative, which seeks to promote entrepreneurship and the economic development of Puerto Rico, bank officials said Wednesday.
WealthManagement.com has ranked Consultiva Internacional Inc. fifth among the top 10 investment advisory firms owned by women in the United States, the company announced.
Bacardí Corp., a part of the largest privately held spirits company in the world, this week hosted a visit by executives from its U.S. mainland distribution team of Southern Wine & Spirits and Glazer’s Inc. who toured the company’s 127-acre campus in Cataño, officials said Wednesday.
Puerto Rico new auto sales held on to positive results for the second consecutive month in May, when some 6,828 units were sold, representing a 4.3 percent growth, the United Automobile Importers Group (known as GUIA by its Spanish acronym) informed Tuesday.
Following the success achieved with auto accident insurance firm Point Guard, the founding trio of entrepreneurs are now launching Puerto Rico Home Insurance, offering the only local home insurance policy that reimburses consumers 20 percent of their annual premium if they have no claims during the coverage year.
Liberty Business, Liberty Puerto Rico’s business division, announced Tuesday it has selected ADTRAN Inc. as a networking and communications equipment provider to further enhance its service and connectivity capacity for Puerto Rico’s business sector.
Walmart Puerto Rico announced Tuesday an alliance with the Puerto Rico Olympic Committee to launch a fundraising campaign to support athletes training to represent the island in the next Olympic event in Brazil.
Twenty-five members of Puerto Rico’s credit union sector unveiled today in New York a proposal to restructure the bulk of the government’s outstanding public debt, which calls for reducing the payment burden and providing guarantees to creditors.
As part of a strategy to face the government’s current liquidity challenges and continue contributing to the island’s economic development, the Puerto Rico Economic Development Bank announced Monday it will be capping credit lines at $500,000 from the $5 million limit it formerly offered.
The Commonwealth of Puerto Rico and Infotech Aerospace Services (IAS) announced Monday an expansion of operations that will foster the growth of the aerospace industry in the island’s western region.
The U.S. Department of Agriculture kicked off Monday “National Homeownership Month,” highlighting its role in helping people buy homes in rural areas across the U.S. mainland and Puerto Rico.
More than a handful of local tourism leaders gathered for a panel discussion hosted by the Foundation for Puerto Rico concurred there is a need for a multi-sector tourism statistics database to be able to gauge the visitor economy and its economic impact.
After months of negotiation, U.S. House Republicans introduced a bill that would help Puerto Rico deal with its $69 billion debt that has crippled its economy, setting rules that would allow it to seek bankruptcy protection.
The Toyota Dealers Association will be donating $100 to the CAP Foundation for every homerun connected by the Superior Double A Baseball League through the end of the season that ends in August to support pediatric cancer patients receiving treatment at the Medical Center Pediatric Hospital.
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