Governor proposes overhaul of Puerto Rico tax structure
February 11, 2015
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.”
chat_bubble0 Comment
visibility3892 Views
Popular’s small business loan activity at $280M in ’14
February 11, 2015
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.”
chat_bubble0 Comment
visibility3790 Views
Ports Authority gets $6.4M to dredge San Juan bay area
February 11, 2015
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.
chat_bubble0 Comment
visibility4616 Views
Puma study: LatAm immersed in globalization process
February 11, 2015
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.
chat_bubble0 Comment
visibility3605 Views
Op-Ed: Puerto Rico’s IT sector ranks #1 in value in U.S.
February 11, 2015
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.
chat_bubble1 Comment
visibility3508 Views
Anna’s Linens closing 3 of its 7 Puerto Rico stores
February 11, 2015
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.
chat_bubble0 Comment
visibility4580 Views
Puerto Rico tech sector does poorly in national ranking
February 10, 2015
Puerto Rico’s technology sector offers the lowest average pays nationwide and is lagging when it comes to job opportunities, according to this year’s Computing Technology Industry Association’s “Cyberstates: State-by-State analysis of the U.S. Tech Industry” report, to be made public later today.
chat_bubble0 Comment
visibility6437 Views
EDB unveils 2 financing programs for gov’t contractors
February 10, 2015
The Economic Development Bank for Puerto Rico recently unveiled two new financing options for local and federal government contractors, with the goal of promoting procurement, agency President Joey Cancel said.
chat_bubble0 Comment
visibility2832 Views
SBA, credit unions partner to expand small biz lending
February 10, 2015
U.S. Small Business Administration Administrator Maria Contreras-Sweet and National Credit Union Administration Board Chairman Debbie Matz signed a Memorandum of Understanding to invest in the nation’s entrepreneurial potential by expanding the accessibility of small dollar SBA loans from credit unions.
chat_bubble0 Comment
visibility3575 Views
6th edition of Guayacán Venture Accelerator underway
February 10, 2015
Grupo Guayacán, Inc. announced Monday the launch of the sixth consecutive edition of the Guayacán Venture Accelerator. Since its inception in 2010, the GVA has emerged as one of the cornerstone entrepreneurial development programs offered by Grupo Guayacán.
chat_bubble0 Comment
visibility3587 Views
Puerto Rico produces more than 1.2M pounds of rice
February 10, 2015
Agriculture Secretary Myrna Comas said during a Senate hearing Monday that Puerto Rico produces more than 1.2 million pounds of rice on about 350 acres of land as part of a Food Safety Plan launched by the current administration.
chat_bubble0 Comment
visibility4369 Views
Statistics Institute chief named to U.S. labor stats team
February 10, 2015
The Executive Director of the Puerto Rico Statistics Institute, Mario Marazzi-Santiago announced Monday that he has been appointed to serve as a member of Data Users Advisory Committee of the U.S. Bureau of Labor Statistics.
chat_bubble0 Comment
visibility3612 Views
LMM airport employees, crew get 15% discount at shops
February 10, 2015
Starting this week, all Luis Muñoz Marín International Airport employees, as well as airline crews, will be afforded a 15 percent discount on products purchased at convenience stores operated by the airport’s manager, Aerostar Airport Holdings.
chat_bubble0 Comment
visibility4109 Views
Yale adopts Ciencia Puerto Rico platform for project
February 10, 2015
Yale University has established a strategic alliance with Puerto Rican scientific organization, Ciencia Puerto Rico, to create together the "Yale-Science Initiative" to increase outreach, education, and participation in scientific careers worldwide, the New Haven, CT-based college announced Monday.
chat_bubble0 Comment
visibility3659 Views
Doral grants $20K for Kiva Zip Puerto Rico microloans
February 10, 2015
Doral Bank, through its Fondo Doral initiative, announced Monday a $20,000 donation to Foundation for Puerto Rico to contribute to the development of the Kiva Zip Puerto Rico microloan platform.
chat_bubble0 Comment
visibility2999 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA