Wednesday, November 20, 2019

Latest News

  • Proposed Changes to EB-5 Program Unlikely to Affect Puerto Rico

    U.S. Congress Grants One-Year Extension to Investor Program; Local Increase in EB-5 Filings Expected for First Quarter 2016 On Dec. 15, as part of the omnibus spending bill, Congress extended the EB-5 program—which essentially grants visas to...

    • Posted December 24, 2015
  • Bernier Makes Candidacy for Governor Official

    During a colorful event at the Caguas municipal plaza on Dec. 20, ex-Secretary of State David Bernier made official his candidacy for governor for the Popular Democratic Party (PDP) ticket and promised that the issue of the...

    • Posted December 24, 2015
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  • Another Milestone in Latin Media

    The edition of Caribbean Business that you are reading marks a historic milestone for this publication because it is the first fully digital version of this newspaper, which is taking a hiatus from printing over the holidays,...

    • Posted December 24, 2015
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  • The Beginning of a New Era in Media

    On Thursday, Nov. 19, 2015, a new era in communications dawned in Puerto Rico with the official launch of Latin Media House (LMH) during a morning celebration at the Puerto Rico Art Museum in San Juan’s Santurce...

    • Posted December 24, 2015
  • Amid Falling Gas Prices, Puma Energy Pounces on LPG Market

    BY EDISON REYNALDO MISLA The liquefied petroleum gas (LPG or pro-pane) market is heating up. After months of waiting, Puma Energy has received approval from the Public Service Commission (PSC) to sell LPG for the consumer segment...

    • Posted December 24, 2015
  • Car Review Scion iM

    BY JOSÉ L. CARMONA Making its official debut at the 2015 New York Auto Show last March, the Scion iM is the Toyota subsidiary’s answer for young millennial autobuyers who are looking for a sporty fuel-efficient hatchback...

    • Posted December 24, 2015
  • Puerto Rico’s Crisis Packs the Pockets of Politicians and Lobbyists in the U.S.

    The government of Puerto Rico expects Congress to include Puerto Rico in Chapter 9 of the U.S. Bankruptcy Code or any measure that addresses the island’s fiscal crisis in its year-end budget, after five hearings were held...

    • Posted December 24, 2015
  • 12 Days of Christmas

    BY PHILIPE SCHOENE ROURA, JUAN A. HERNANDEZ, DENNIS COSTA, LUIS J. VALENTIN, ROSARIO FAJARDO AND ISMAEL TORRES “On the First day of Christmas, the Three Kings Gave to me…” One Lame Duck in a Palm Tree… •...

    • Posted December 24, 2015
  • Print newspaper readership in yearlong decline; online trending up

    BY ROSARIO FAJARDO With the emergence of the internet and its accelerated growth, printed media has seen a decrease in usage virtually worldwide. This change hasn’t been felt as strongly in Puerto Rico, primarily because the average...

    • Posted December 24, 2015
  • Merry Christmas, From the Trumps

    BY REX HUPPKE An exclusive look at the Trump Family Christmas Newsletter Dear family and friends, except any of you loser dopes who have said any-thing bad about me this year, you’re low-energy and pathetic and it’s...

    • Posted December 24, 2015
  • Federal Reserve Raises Interest Rates

    As expected, the Federal Reserve raised interest rates by 0.25%, placing them between 0.25% and 0.5%. This is the first increase since June 2006. With this move, the Federal Reserve shows its confidence in the U.S. economy,...

    • Posted December 24, 2015
  • Héctor Ferrer’s Bid for Resident Commissioner Forces PDP Primary

    SAN JUAN – As expected, and dismissing a request from several Popular Democratic Party (PDP) mayors, former Rep. Héctor Ferrer filed his candidacy to run for resident commissioner Wednesday afternoon, thus forcing the party into a primary...

    • Posted December 23, 2015
  • Killings in Puerto Rico Drop By 50% Since Record High

    SAN JUAN — Gov. Alejandro García Padilla says homicides on the island are at the lowest point in decades. García Padilla said Wednesday that there have been 570 reported killings so far this year on the island...

    • Posted December 23, 2015
  • Rivera Schatz Announcement Changes Political Ballgame

    SAN JUAN – Following Thomas Rivera Schatz’s announcement Tuesday that he would not run for governor in the New Progressive Party (NPP) ticket and instead seek reelection as senator at-large in the next general elections, various political...

    • Posted December 23, 2015