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Puerto Rico partners with US to prevent coastal erosion
Issued: March 7, 2015
Puerto Rico's government is partnering with the U.S. Army Corps of Engineers to study erosion along the island's northern and western coasts. ...
New concept in solar energy poised to catch on across US
Issued: March 7, 2015
MINNEAPOLIS — A new concept in renewable energy is catching fire across the country, allowing customers who might find solar panels too expensive or...
Resident commissioner calls for dismissal of VAT, urges reduction of government spending
Issued: March 7, 2015
New Progressive Party President Pedro Pierluisi used his turn Friday before the Commonwealth Senate Treasury Committee to urge the Legislature to...
Moody’s: Puerto Rico universities hurt by ‘anemic’ economy
Issued: March 6, 2015
Puerto Rico’s “severe economic condition” is hurting its higher education sector with a declining number of traditional age college students and...
P.R. Open continues at Trump International with second-round play
Issued: March 6, 2015
The first round of the Puerto Rico Open concluded Thursday at the Trump International Golf Club’s Championship Course in Río Grande, with Mark Hubbard...
Governor to give important TV address Monday; contents a guessing game
Issued: March 6, 2015
Gov. Alejandro García Padilla is slated to make a major 30-minute pre-recorded television address Monday at 5:30 p.m. ...
Puerto Rico has fewest people employed in 22 years; U.S. unemployment lowest since 2008
Issued: March 6, 2015
The U.S. Bureau of Labor Statistics (BLS) reported Wednesday employment data from its monthly household survey that revealed the island’s labor force...
Toyota Recalls Certain Model Year 2012 - 2015 Yaris Vehicles in Puerto Rico
Issued: March 6, 2015
Toyota Motor Sales, U.S.A., Inc. announced Thursday it will conduct a safety recall of approximately 16,600 Model Year 2012-2015 Yaris hatchbacks...
Lawmakers approve amendments to legislation increasing petroleum tax
Issued: March 5, 2015
As expected, lawmakers approved amendments Thursday to legislation increasing the petroleum tax, known as la crudita, which marked another step toward...
Air Europa, Seaborne alliance to provide daily Madrid-San Juan flights
Issued: March 5, 2015
Air Europa is connecting its daily flight between Spain and the Dominican Republic with Puerto Rico. The Globalia Group airline and Seaborne, a Puerto...
Cossec prepares to implement immigrant access
Issued: March 5, 2015
The president of the Public Corporation for the Supervision and Insurance of Cooperatives (Cossec by its Spanish acronym), Daniel Rodr
Planning Board operations return to Minillas Government Center
Issued: March 5, 2015
The Planning Board announced Thursday the return of its operations to the Roberto Sánchez Vilella Government Center, or Minillas, in the Santurce area...
Thousands protest proposed value-added tax
Issued: March 5, 2015
Thousands of students, education officials and community leaders in Puerto Rico are protesting a proposed 16 percent value-added tax that officials...
Average US rate on 30-year mortgage drops to 3.75 percent
Issued: March 5, 2015
WASHINGTON — Average long-term mortgage rates have fallen for the first time in four weeks and remain near historic lows reached in May 2013. ...
National Retail Federation testifies on VAT
Issued: March 5, 2015
National Retail Federation (NRF) Vice President and tax counsel Rachelle Bernstein testified Wednesday before the Puerto Rico House Treasury and the...
Senate investigates use, distribution of ARRA funds
Issued: March 5, 2015
Popular Democratic Party Sen. José Nadal Power said Wednesday that the Senate approved Resolution 544, which he authored, and ordered its Treasury and...
Firstbank’s corporate webpage gets $1 million revamp
Issued: March 5, 2015
More than half of Puerto Rico’s population uses the Internet, of which 75% connect via their mobile devices. With this in mind, FirstBank and a local...
Hotels’ bottom line to suffer strain under VAT
Issued: March 5, 2015
The looming tax reform in Puerto Rico and its proposed 16% value-added tax (VAT, also known as IVA by its Spanish acronym) on all sorts of goods and...
Puerto Rico Open kicks off at Trump International
Issued: March 4, 2015
The eighth edition of the Puerto Rico Open is underway, with tee times starting at 7 a.m., with the main stage set at the Trump International...
Sources: Crudita amendments to be approved, clearing way for bond deal
Issued: March 4, 2015
Amendments to legislation increasing the petroleum tax, known as la crudita, are expected to be passed Thursday, clearing the way for a bond issue of...
McDonald's dropping human antibiotics from chicken
Issued: March 4, 2015
NEW YORK — McDonald's says it plans to start using chicken raised without antibiotics commonly used in humans, and milk from cows that are not...
How do Puerto Rico's film making tax incentives stack up to those on the U.S. mainland?
Issued: March 4, 2015
A total of 36 states plus Puerto Rico and the District of Columbia are all dangling a carrot of one form or another in front of filmmakers --...
Asian company to operate Port of the Americas
Issued: March 4, 2015
The Ports Authority Board of Directors announced Wednesday that Asian company Portek International Private Ltd. has been chosen to operate Ponce’s...
Citi and MasterCard sign new global agreement that expands relationship
Issued: March 4, 2015
NEW YORK --Citigroup and MasterCard announced Wednesday that the companies have signed a new and expanded 10-year agreement. Citi will begin aligning...
Cuba looks north to US farmers for help with food crisis
Issued: March 4, 2015
GUIRA DE MELENA, Cuba — The rust-red fields stretched for miles in the Cuban sun, garlic shoots and beetroot leaves waving gently in the spring...


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