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$50M worth of cocaine seized off Dorado
Issued: April 2, 2014
Federal authorities have seized $50 million worth of cocaine after intercepting a boat off Puerto Rico’s north coast. ...
PR bankruptcy filings rise in 1Q
Issued: April 2, 2014
Bankruptcy filings in Puerto Rico rose in March and are tracking higher through the first quarter of 2014. ...
Meet Puerto Rico launches new campaign
Issued: April 2, 2014
Meet Puerto Rico has launched a new “Escape the Meeting Blah!” campaign that rewards meeting and incentive industry planners for booking groups at...
Serrallés ramping up rum production with export manufacturing contracts
Issued: April 2, 2014
Destilería Serrallés is ramping up production at its Ponce distillery after landing contracts to make rum for the U.S. market. ...
White House working on strategy to combat drug trade in PR, USVI
Issued: April 2, 2014
The White House Office of National Drug Control Policy (ONDCP) is in the process of preparing a Caribbean Border Counternarcotics Strategy. ...
$2.4M for community tourism projects
Issued: April 2, 2014
Puerto Rico’s Economic Development Bank has earmarked $2.4 million to finance community based tourism projects around the island. ...
TV series pumps $2.2M into PR economy
Issued: April 2, 2014
The on-location production for Universal Cable Productions’ Royal Pains, currently in its sixth season on USA Network, wrapped this week in Puerto...
Rum, Section 199 make cut as US Senate sets debate on lapsed tax extenders
Issued: April 1, 2014
Top tax writers in the U.S. Senate said Tuesday they will debate this week dozens of lapsed tax-extender provisions, including sweetened rum rebates...
GAO: Statehood would mean billions more for PR, boost US tax revenues
Issued: April 1, 2014
Statehood would mean billions of dollars in additional federal funding for Puerto Rico while also boosting Washington’s tax haul by hundreds of...
Tuller drops out as PR’s police chief as governor pulls his stalled nomination
Issued: April 1, 2014
Gov. Alejandro García Padilla has pulled Police Superintendent James Tuller’s nomination as his confirmation continued to lag in the Legislature...
Low-cost DR surgeries spur US alerts
Issued: April 1, 2014
SANTO DOMINGO, Dominican Republic — Beverly Brignoni was a young New Yorker seeking a less expensive way to enhance her appearance and she did what...
UN helping PR on education statistics
Issued: April 1, 2014
The United Nations Education, Scientific & Cultural Organization (UNESCO) is helping Puerto Rico produce standardized statistics on education...
US awards $241K to PR Products Association
Issued: March 31, 2014
The San Juan branch of the U.S. Commerce Department’s Minority Business Development Agency has awarded $241,000 to the Puerto Rico Products...
JetBlue ending SJ-West Palm Beach flights
Issued: March 31, 2014
JetBlue Airways is scrapping flights between San Juan and West Palm Beach nearly two years after launching the service. ...
Coop loans rise 1.3% to $4.43B in 2013
Issued: March 31, 2014
Puerto Rico cooperatives’ combined loan portfolios rose 1.3 percent to $4.43 billion last year. ...
Puma Energy has new COO for Americas
Issued: March 31, 2014
Puma Energy announced Monday the appointment of Rodrigo Adolfo Zavala as new chief operating Officer (COO) for Puma Energy Americas. ...
PR economic index: 15th straight drop
Issued: March 31, 2014
Puerto Rico’s economic activity shrank again in February, posting a fifteenth straight decline on a year-over-year basis. ...
Busy week for Coast Guard in Caribbean
Issued: March 31, 2014
MIAMI — Coast Guard officials say more than 200 migrants trying to illegally enter the U.S. have been picked up in Caribbean waters in the last week. ...
PR rainforest holds hope for biofuels
Issued: March 31, 2014
A microbe found in Puerto Rico’s rainforest could hold the key for the cost-effective production of biofuels. ...
PDP: GAO shows statehood ‘nightmare’
Issued: March 31, 2014
Popular Democratic Party leaders said Sunday that a long-awaited U.S. Government Accountability Office (GAO) shows that statehood would be a...
Bills aims to free some elderly inmates
Issued: March 31, 2014
Bipartisan legislation in Puerto Rico aims to save nearly $9 million by paroling more than 200 prison inmates who are over the age of 60 who are not...
Advertising: Wave Festival deadline extended
Issued: March 31, 2014
The final deadline to enter the Wave Festival, a leading ad festival for Latin America that includes the U.S. Hispanic market and Puerto Rico, has...
PR payrolls drop, unemployment dips
Issued: March 30, 2014
Puerto Rico’s unemployment rate fell but payroll jobs also continued to drop last month, the U.S. Labor Department reported Friday. ...
PR investment summit on the horizon
Issued: March 29, 2014
Big-time investors, business executives, economic development officials and tax experts are gearing up for the Puerto Rico Investment Summit scheduled...
Congress taking up expired tax laws including PR rum money, Section 199
Issued: March 29, 2014
The top tax writers in Congress are poised to take up billions of dollars in lapsed tax-extender provisions, including sweetened rum rebates for...


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