The Local Redevelopment Authority for Roosevelt Roads announced Thursday that eight groups submitted their statement of qualifications in response to a Request for Qualifications published in June seeking developers for some 3,000 acres of land at the former naval base in Ceiba.
Telecommunications provider Claro de Puerto Rico announced Thursday it has added sectors in Yauco, Utuado and Naranjito to its broadband network expansion project, benefitting some 40,000 homes and more than 1,780 families.
Following a two-year absence, Puerto Rico will once again be the host to a Hard Rock Café restaurant location, slated to open in December in the Condado area.
Puerto Rico automakers sold a meager 6,324 units last month, representing a 21.3 percent year-over-year drop and marking the sixth consecutive month the sector has seen a reduction in activity, the United Automobile Importers Group said Tuesday.
The Puerto Rico Industrial Development Company and the Site Selectors Guild announced Tuesday that Puerto Rico has been selected as the host city of the 2015 Site Selectors Guild Annual Conference.
The saga between Doral Financial Corp. and the Puerto Rico Treasury Department that began earlier this summer took another turn recently, when a local court ordered the parties to sit down and negotiate an agreement that would grant the bank a $229 million tax refund.
Popular Inc. announced Monday that Popular Community Bank, its U.S. banking subsidiary, completed the previously announced sale of its Illinois regional operations to First Midwest Bank, the wholly owned subsidiary of First Midwest Bancorp Inc.
As part of its program to support Puerto Rican industry, Walmart Puerto Rico announced Monday an agreement with local company Antenas del Caribe to purchase HDTV antennas manufactured in the island to sell at its chain.
Engineer Edgar I. Rodríguez-Pérez was reelected as president of the College of Engineers and Surveyors of Puerto Rico, during the trade group’s recently concluded annual convention.
TAIPEI — Both are relatively tiny islands that have complicated relationships with the giant superpowers that claim them. Both use tax incentives to lure U.S. factories to their shores — despite the absence of full-fledged embassies in Washington — and the political status of both islands is a never-ending source of debate among local voters.
Philanthropy and the private sector are two concepts that pretty much go hand-in-hand, as companies constantly seek to align themselves with the communities they serve.
Puerto Rico House of Representatives Speaker Jaime R. Perello-Borrás, met with Small Business Administration Chief Maria Contreras-Sweet, to present the profile of the island’s small and mid-sized businesses and find better alternatives for the development and retention of this sector that is key to strengthening the island’s economy.
The Puerto Rico Treasury Department reported Thursday preliminary revenue for July 2014, the first month of the current fiscal year, reached $624 million, up $129 million, or 26 percent, from the total on record for the same month last year.
Ford announced Thursday the 13th edition of the Conservation and Environmental Grants, the annual program through which the automaker supports individuals and nonprofit organizations in projects that promote environmental conservation in Puerto Rico.
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