Puerto Rico’s current financial crisis might just be the opportunity for the government to stay on track with its strategy of collaborating with private-sector technology companies to find solutions to its problems and improve services to citizens.
The Puerto Rico Government Development Bank on Wednesday released a revised Economic Activity Index for March that registered a -0.4 percent year-over-year reduction, and a month-over-month increase of 0.5 percent.
The Puerto Rico Telecommunications Regulatory Board has set the ball rolling on an initiative to gather data from the island’s broadband providers to define the sector’s contributions to the economy, with results expected to be ready in a year, agency President Javier Rúa-Jovet said Wednesday.
The Puerto Rico Ports Authority on Wednesday announced the opening of a request for proposals for leasing, development, financing, construction and operation of a marina for mega yachts and transform the dry dock of San Juan into a leading center for repair and maintenance of vessels.
Enterprise Truck Rental, a service of Enterprise Rent-A-Car, has opened its first location in Puerto Rico.
AT&T and Hulu have signed a deal that will bring the subscription streaming service to the wireless carrier’s customers through AT&T’s websites and mobile applications, the companies announced Wednesday.
Saying it “is the best option” to solve the government’s fiscal problems, Gov. Alejandro García-Padilla re-introduced Tuesday a proposal to establish a value added tax system he said would generate more than $2.5 billion in net revenue for the cash-strapped administration.
Putney Capital Management, LLC announced Tuesday the acquisition of one of the main terminals for the reception, storage and distribution of cement in Puerto Rico, for $34 million.
Puerto Rican consumers have reduced the how much they spend on monthly groceries by 14 percent, to $425 from $492, representing a major challenge to local retailers, this year’s edition of the Puerto Rico Marketing, Industry and Food Distribution Chamber’s Consumer X-Ray study revealed.
The fourth edition of the Puerto Rico Restaurant Week event, slated to take place May 27-June 3 will feature 25 local eateries that will offer pre-fixe dinner menus for $28 or $38, with options for the appetizer, entrée and dessert.
Puerto Rico’s group business for this summer is starting off strong with 47 events, including, conferences, annual meetings and sports activities for this summer season Meet Puerto Rico president Milton Segarra said Tuesday.
The Puerto Rico Treasury Department revealed Monday that it shored up more than $1.3 billion in revenue for the government, but admitted it fell short by $97 million compared to estimates.
Crowley Puerto Rico Services, Inc. announced Monday it “has further solidified its commitment to Puerto Rico” with the execution of a $48.5 million construction contract for a new pier at its Isla Grande Terminal in San Juan, along with a 30-year lease extension for the property with the Puerto Rico Ports Authority.
U.S. Department of Labor Wage and Hour Division investigators found that security firm Alpha Guards Management failed to protect fair wages and benefits of 650 guards in Puerto Rico, owing them nearly $350,000 in back wages and damages.
Stagione Designs and the Caguas Municipal government announced Monday a sweeping $9.8 million plan to revitalize the town’s urban center, christened as DownTown Caguas.
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