The Puerto Rico Technoeconomic Corridor in Mayagüez has been selected to receive more than $7 million in grant funding from the U.S. Department of Labor to join the effort to help curb long-term unemployment.
Liberty Puerto Rico recently launched its newest product, “Liberty Everywhere,” through which it vows to “transform the ways in which its customers access and use video content.”
Telecommuncations company Claro Puerto Rico and the St. Regis Bahía Beach Resort and Golf Club announced an agreement by which the former will provide the residents of Bahía Beach its television and fiber optic broadband services with speeds of up to 150 Megas for Internet service.
Investigative reporting is a long-standing practice in journalism known for its all-consuming nature when it comes to time and resources. However, becoming involved in this type of exercise — which can be said is becoming a lost art — is not only a media outlet’s way of performing its civic duty, but ultimately makes great business sense.
The Economic Development Bank for Puerto Rico disclosed Tuesday that during the first quarter of Fiscal 2015, it has approved more than $32.2 million in 68 loans to businesses looking to expand or establish themselves on the island.
Puerto Rico Gov. Alejandro García-Padilla signed Tuesday Senate Bill 655, which establishes public policy for promoting and giving stimulus to creative industries, conceives the Creative Industries Advisory Board and assigns $1 million to Puerto Rico Trade and Export to oversee those tasks.
The Puerto Rico Minority Business Development Agency Center, a nonprofit run by the Puerto Rico Products Association, received funding from the U.S. Department of Commerce to establish a technical assistance program to help minority companies join the aerospace industry supply chain.
On the heels of its legal victory last week, Doral Financial Corp.’s Economic Advisor Robert Shapiro on Monday urged the government of Puerto Rico to honor the tax agreement upheld by a local court, “for the sake of its credibility.”
The Polytechnic University of Puerto Rico recently signed an agreement with MAPFRE Foundation through which the global insurance company will provide an annual scholarship for post-graduate studies in Spain and five annual scholarships for students specializing in e-learning studies focusing on insurance.
Starting today, a delegation of Puerto Rico’s tourism industry, led by Meet Puerto Rico, will participate in the fourth edition of IMEX America, the largest tradeshow for the international meetings, events and incentive travel industry in the U.S., held in Las Vegas, Nevada.
More than 13 years after establishing itself on the island, Dunkin’ Donuts is pulling out of the Puerto Rico market, closing its 18 locations on the island that were operated by franchisee Wometco Donas Inc., this media outlet confirmed Wednesday.
Hyatt House San Juan officially opened its doors Wednesday, becoming Puerto Rico’s first extended stay hotel and is the brand’s first Hyatt House hotel outside of the continental United States, company and government officials said.
The Roosevelt Roads Redevelopment Authority announced the selection of eight microbusinesses from Puerto Rico’s eastern flank to establish operations inside the former Navy base that is currently being repurposed for public access.
Gov. Alejandro García-Padilla stressed Tuesday the importance of the development of the aircraft maintenance, repair and reconditioning center by Lufthansa Technick in Aguadilla as the “axis of a new industry that will consolidate the ongoing diversification of the island’s economy.”
The U.S. Environmental Protection Agency has finalized its plan to clean up contaminated soil and groundwater at the Cidra Groundwater Contamination site, which includes portions of the Cidra commercial district and an industrial park. The EPA said Tuesday it estimates cleanup costs will be about $12.9 million.
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