With Valentine’s Day less than 24 hours away, millions of people will say, “I love you” with flowers. Last year, Puerto Ricans spent about $6 million on blooms from Colombia, one of the world’s largest flower exporters, a government spokesman for that country said Thursday.
Former New York City Mayor and President of Giuliani Partners, Rudy Giuliani, will act as keynote speaker at the 2015 Puerto Rico Investment Summit, slated for Feb. 26-27 at the Puerto Rico Convention Center.
Gov. Alejandro García-Padilla announced Wednesday the restructuring of the Puerto Rico Treasury Department, as well as offered details of the administration’s proposed tax reform expounded in a 1,400-page bill submitted at the Legislature late in the day.
Credit ratings agency Fitch Ratings said Wednesday it believes that there are significant challenges ahead for Puerto Rico as it pursues initiatives necessary to maintain a credit profile commensurate with its 'BB-' general obligation junk rating.
Mycogen Seeds Puerto Rico Corporation, a wholly owned subsidiary of The Dow Chemical Company and an affiliated company of Dow AgroSciences, opened its new $60 million seed research and development facility in Salinas on Wednesday.
The U.S. Small Business Administration approved 165 loans for $26.9 million in Puerto Rico and the U.S. Virgin Islands during the first three months of fiscal year 2015, an 11 percent and 66 percent increase, respectively, over first-quarter approvals in 2014.
UBS Financial Services Inc. will be closing its Guaynabo branch and consolidating the operation with its Hato Rey headquarters effective Feb. 20, the company announced Wednesday.
The Red ATH, Puerto Rico’s main electronic payments and ATM network offered by EVERTEC, recently gave $5,000 each to nonprofits Hogar Ruth and Casa de Niños Manuel Fernández Juncos, collected through its “Share a positive message during Christmas” campaign.
The House, Wine, Beer & More, a 6,200 square-foot haven for wine, beers and spirits lovers will open in the Condado sector of San Juan today, to offer more than 1,000 wines and sparkling wines of different wine regions and hundreds of beers and spirits from around the world, company executives announced.
Puerto Rico Gov. Alejandro García-Padilla offered a televised speech Tuesday in which he outlined his proposal for overhauling the island’s current tax system to what he described as a “simpler and fair one.”
Banco Popular officials said Tuesday commercial lending activity for Puerto Rico’s small and mid-sized business segment reached $280 million in 2014, a 25 percent year-over-year increase that shows “an encouraging picture.”
Ports Authority Executive Director Ingrid C. Colberg-Rodríguez, announced Tuesday that the federal government has allocated $5.7 million for maintenance of commercial shipping and $700,000 to analyze the dredging the San Juan bay.
Puma Energy, the global integrated midstream and downstream energy company, has commissioned ‘The Changing Face of Latin America,” the latest study in a series of in-depth reports in collaboration with independent economic advisory firm Llewellyn Consulting.
Yesterday we learned that, according to the Cyberstates 2015 report, published by the Technology Councils of America, Information Technology (IT) salaries in Puerto Rico rank lowest in the United States.
Home goods retailer Anna’s Linens — which made its local debut less than three years ago — is closing three of its seven stores in Puerto Rico, this media outlet confirmed Tuesday.
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