Total Petroleum Puerto Rico Corp. announced Wednesday plans to invest some $32 million to expand and renew its terminal located in Guaynabo.
Starting July 1, the Cooperativa de Seguros Multiples will begin competing in the compulsory insurance market with a new policy known as the Seguros Múltiples Compulsory Insurance.
The Puerto Rico Treasury Department is prepared to handle the change rate of the Sales and Use Tax to 11.5 percent, from the current 7 percent, when it goes into effect July 1, agency Secretary Juan Zaragoza said Tuesday.
Puerto Rico will be the host of the 17th annual Virtual Educa 2016 International Gathering next year, on June 20-24, when thousands of educators from the region will gather at the Convention Center in Miramar.
True Value Company on Tuesday announced National Lumber and Hardware as the newest purchasing partner of the cooperative.
Del Caribe Colors, a new paint shop for cars, recently opened its doors at Sabana Gardens Industrial Park in Carolina, following a $300,000 investment. The store is a division of Suzuki Del Caribe Inc.
Home goods retailer Anna’s Linens, which made its debut in Puerto Rico a little more than three years ago, has begun its going-out-of-business sale as part of a company-wide bankruptcy proceeding.
Truenorth Corporation announced it has won the 2015 International Association of Microsoft Channel Partners LATAM Cloud Partner of the Year Award.
Puerto Rico businesses are “aware about the need to protect their most important assets” should some natural or induced event arise that could affect their operations, a study released Thursday by Aon plc, a risk management, brokerage, reinsurance, and human resources consulting and outsourcing services firm.
Dozens of key Hispanic business leaders from New York, New Jersey and Puerto Rico gathered in New York this week for the first “Puerto Rican & Hispanic Business Summit” to discuss common business opportunities and challenges.
The Ritz-Carlton, San Juan announced Thursday it has been officially certified as a “Green Hotel” by the Puerto Rico Tourism Company, the government agency responsible for tourism regulations and green lodging sponsored programs dedicated to the Caribbean.
More than 70 volunteers in San Juan took part in the 10th annual Global Community Day, held by Citi, joining more than 75,000 participants in 487 cities spanning 93 countries and territories who engaged in service activities to benefit their local communities.
Gov. Alejandro García-Padilla on Wednesday toured the San Juan port zone where marine cargo company Sea Star Line will invest $400 million to integrate two new cargo ships into its service and make terminal improvement to accommodate increased activity.
The U.S. Small Business Administration this week published a final rule for the microloan program that provides more flexibility to SBA non-profit intermediaries, expands the pool of microloan recipients, and increases accessibility in SBA programs.
The Puerto Rico Government Development Bank released Monday its latest liquidity report showing the agency had $777.8 million left as of May 31, representing a 24 percent drop from the $1.02 billion it had in April.
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