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Paulson Puerto Rico has sold its stake in the Gómez Hermanos Paulson dealership network to businessman Víctor Gómez III, effectively exiting the new-car dealership business in Puerto Rico. The move…
The Department of Consumer Affairs (DACO) released an update on gasoline prices in Puerto Rico, which are fluctuating due to the conflict in the Middle East and disruptions in oil…
A delegation of around 32 people from Puerto Rico is attending the BIO International Convention 2026 (BIO) to maintain international industry confidence in the island as a location for investment.…
Puerto Rico ranks first globally in employers' intention to hire employees for the July to September period, according to ManpowerGroup's Employment Outlook Survey. Melissa Rivera Roena, General Manager of ManpowerGroup…
Goodwill will open its fourth store in Puerto Rico on Wednesday at 7:00 a.m. at the Villa María Shopping Center in Manatí. The new store joins existing locations in Plaza…
The owners of the Trópiko restaurant franchise announced plans to expand with a new restaurant outside of Puerto Rico, in addition to opening several restaurants in the coming months. This…
The Department of Consumer Affairs (DACO) has released an update on gasoline prices in Puerto Rico, amidst fluctuations in fuel costs on the island. As of June 23, the price…
AccurKardia, a company that develops software as a medical device, has initiated operations in Puerto Rico with the goal of developing two new technologies, according to Juan Carlos Jiménez Bosques…
The Puerto Rico Department of the Treasury announced the dates for tax-free back-to-school shopping, exempt from the Sales and Use Tax (IVU). The first period will start on Friday, July…
The Department of Hacienda has established tax-free periods for the purchase of school uniforms and supplies for the 2026-2027 school year. The first period will be from 12:00 AM on…
The Department of Consumer Affairs (DACO) released an update on gasoline prices in Puerto Rico, which have been fluctuating due to the conflict in the Middle East and disruptions in…
Carlos José Ríos Pierluisi has taken the helm of the Department of Economic Development and Commerce (DDEC) with the goal of restoring 'stability, certainty, and continuity' to the agency. The…
A player won a $100,000 prize in the Powerball drawing on Saturday. The winner obtained the prize through a Power Play bet, after correctly guessing four numbers and the red…
Puerto Rico has dropped 7 places in the competitiveness index, according to the World Competitiveness Index compiled by the Swiss business school IMD. The 2026 index ranks Puerto Rico 52nd…
Despite Puerto Rico experiencing record numbers of cruise ship passengers, the recent cancellation of the Norwegian Viva cruise ship's homeport operations for the 2027-2028 season has raised concerns among local…