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Secretary Bernier, Speaker Perelló to attend Puerto Rico Manufacturers convention
Issued: May 20, 2015
The president of the Puerto Rico Manufacturers Association, Carlos Rivera Vélez, announced that the group's annual convention will be held May...
García Padilla submits bill that paves way for 11.5% tax
Issued: May 20, 2015
On Monday, Gov. Alejandro García Padilla presented a bill to the Legislature that calls for the implementation of an 11.5% sales tax at cash...
AIAC to lease Merck’s former Arecibo plant to pharmaceuticals
Issued: May 20, 2015
Top executives, management and spokespeople of American Industrial Acquisition Corp. (AIAC) arrived this week to Puerto Rico to announce the...
Study on impact of business incubators presented
Issued: May 20, 2015
The chief executive of the Estudios Técnicos firm, José J. Villamil, on Tuesday presented an investigation, "The impact of incubators on the...
Dominican-Puerto Rican business forum held to forge bilateral agreements
Issued: May 20, 2015
Santo Domingo — The government of the Dominican Republic is holding a two-day business forum in Santo Domingo with Puerto Rico representatives. ...
Pierluisi, NPP legislators against 11.5% tax proposal
Issued: May 20, 2015
After meeting Monday, New Progressive Party (NPP) legislators and Resident Commissioner Pedro Pierluisi said they were against new taxes, including...
US and Cuban sailors in friendly race amid warming relations
Issued: May 19, 2015
HAVANA — Competitive sailors from the U.S. and Cuba have been showing off their skills in Havana Bay as the two countries work on restoring diplomatic...
Puerto Rico water-rationing plan to continue
Issued: May 19, 2015
Results of the week-long implementation of a water-rationing plan for much of the metropolitan area on the island were explained by the executive...
Puerto Rico government to present fiscal 2016 budget
Issued: May 19, 2015
The administration of Gov. Alejandro García Padilla will present its fiscal year 2016 budget plan Wednesday. It will total $9.8 billion and will...
Cuba establishes banking relationship in US, furthering ties
Issued: May 19, 2015
WASHINGTON — Cuba has established a banking relationship in the U.S., clearing another major obstacle to the countries re-establishing diplomatic...
UN lowers global economic growth estimate amid modest pace
Issued: May 19, 2015
The United Nations is lowering its growth estimate for the global economy this year, saying its previous forecast of 3.1 percent growth in 2015 is now...
Not Your Ma's Bell: AT&T evolves beyond phones
Issued: May 19, 2015
NEW YORK — The company whose name has long been synonymous with telephones is looking for new ways to reach out and touch someone. ...
Takata air bag recall doubles to nearly 34 million
Issued: May 19, 2015
Under pressure from U.S. safety regulators, Takata Corp. has agreed to declare 33.8 million air bags defective, a move that will double the number of...
Pernod to launch Havanista in US when Cuba embargo is lifted
Issued: May 19, 2015
On May 11, representatives of Pernod Ricard beverages were with French President Francois Hollande in Cuba, where he met with President Raul Castro...
Bhatia in Washington lobbying for inclusion of Puerto Rico in Chapter 9
Issued: May 19, 2015
Senate President Eduardo Bhatia is meeting Tuesday with officials of the U.S. House Judiciary Committee to discuss H.R. 870, the bill authored by...
Senate launches website for ideas on how to improve government
Issued: May 19, 2015
Senate President Eduardo Bhatia announced the launch of a website that, in its first stage, will allow people to express their ideas for raising...
Palig gives CFO dual role
Issued: May 19, 2015
Pan-American Life Insurance Group (Palig) announced Monday that Executive Vice President and Chief Financial Officer Carlos Mickan has been named as...
Apple updates Macbook Pro, cuts price on high-end Imac
Issued: May 19, 2015
Apple is introducing an updated MacBook Pro and iMac and lowering the price for its top-end iMac. ...
Meliá doubles profits in 1Q results; reportedly negotiating 2 more hotels in Puerto Rico
Issued: May 19, 2015
Meliá Hotels International, the Spanish hotel chain that has a strong presence in the Caribbean and operates Gran Meliá Golf Resort Puerto Rico in Río...
NRCS Caribbean area conservation grants available
Issued: May 19, 2015
The U.S. Department of Agriculture’s Natural Resources Conservation Service (USDA-NRCS) Caribbean Area Director, Edwin Almodóvar, announced the...
Triple-S CEO Ruiz-Comas to retire
Issued: May 19, 2015
Triple-S Management Corp. announced Monday that President & CEO Ramón Ruiz-Comas will retire, effective Jan. 1, after 25 years at the...
Caribe Federal opens new headquarters, branch
Issued: May 18, 2015
Caribe Federal cooperative inaugurated its headquarters in Guaynabo, absorbing the operations of the Buchanan branch. ...
SBA presents awards as Small Business Week wraps up in Puerto Rico
Issued: May 18, 2015
The Puerto Rico office of the U.S. Small Business Administration honored small business entrepreneurs, champions and lenders as Small Business Week...
Puma Energy acquires BP’s aviation business in Puerto Rico
Issued: May 18, 2015
Puma Energy announced Monday that it has signed a purchase agreement with BP to buy its local aviation business in Puerto Rico. ...
Ports ready to receive proposals to establish mega-yacht marina
Issued: May 18, 2015
The executive director of the Puerto Rico Ports Authority, Ingrid Colberg Rodríguez, and Economic Development Secretary Alberto Bacó Bagué announced a...


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