Caribbean Business articles from January 1992

Caribbean Business archives from January 1992

A Business Guide to Puerto Rico. (Caribbean Business to Business Guide)
January 1, 1992... Puerto Rico is a dynamic, economically progressive society in which the sight and sounds of business at work in the 90s are as commonplace as those images that typically come to mind when the words "Caribbean island" are mentioned. Much of...

Agriculture. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Puerto Rico's agriculture sector has been on a roller coaster ride for the past three years. One of the main reasons for this is the passage of Hurricane Hugo in 1989, which left a trail of destruction that adversely affected this sector far...

Coffee. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... For centuries Puerto Rico was known primarily for its bountiful agricultural harvest, which included sweet sugarcane, a variety of tropical fruits and its rich coffee. It seems that the more things change, the more they stay the same....

Aquaculture. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Puerto Rico is home to five aquaculture projects, including the largest freshwater prawn farm in the Western Hemisphere. These aquaculture enterprises include not only prawns, often referred to as langostinos, but also saltwater shrimp...

Livestock. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Puerto Rico's livestock farmers have had to adjust to the changing eating habits of island consumers. This means a more health-conscious approach to the foods they eat, such as cutting back on red meats, including burgers and steaks, in favor...

Public companies. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico)
January 1, 1992... The number of publicly traded companies in Puerto Rico is now down to eight, following the Dec. 31, 1990, merger of Banco Popular de Puerto Rico and BanPonce Corp. That's an unusually low number, compared to mainland states of similar size and...

Investment banks. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico)
January 1, 1992... Puerto Rico's investment banking industry has evolved during the last two decades to become a primary source of financing for local companies and government agencies in need of capital. The resources employed by local firms are world class, and...

Brokerage houses. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico)
January 1, 1992... With the increase in wealth, personal income and financial sophistication in Puerto Rico over the past couple of decades, particularly in the 1980's, the demand for retail investment brokerage services on the island has also grown. ...

Mortgage banking. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico)
January 1, 1992... Puerto Rico's $1.2 billion mortgage banking industry will be facing several little-noticed but significant challenges in the years ahead. The competition among the various players in the field has intensified during the past three years or...

Savings banks. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico)
January 1, 1992... The thrift crisis, which has afflicted the mainland to the tune of $200 billion in bailouts of savings banks, swept through Puerto Rico like a storm. Between 1988 and 1991, it touched six local thrift institutions to some extent and reduced the...

Commercial banks. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico)
January 1, 1992... The health and soundness of Puerto Rico's commercial banks stand in stark contrast to the turmoil in the commercial banking industry on the U.S. mainland. While the federal government is bailing out hundreds of failed banks stateside, depleting...

Credit unions and small-loan companies. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Credit unions and small-loan companies play an important role in Puerto Rico's financial system, particularly in providing banking services to the island's low- and middle-income classes. The island's 15 small-loan companies, also called...

Leasing. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... The leasing industry in Puerto Rico is going through a transitional period at the moment. Several of the leading leasing companies on the island are adjusting to recent changes in ownership. Additionally, independent leasing companies,...

Financial planning. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Financial planning has become an essential part of everyday life in Puerto Rico. As is the case stateside, more and more people are in need of financial planning services to escape the debt crunch that is restricting their ability to spend and...

Caribbean Basin Initiative. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico)
January 1, 1992... The Caribbean Basin Initiative (CBI) was formally announced by former President Ronald Reagan on Feb. 24, 1982, at a meeting of the Organization of American States. Ever since, the merits of the aid and trade program have been examined and...

Import/export. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico)
January 1, 1992... Puerto Rico exports in 1991 totaled $21.3 billion worth of goods and merchandise to the U.S. mainland and foreign countries. Imports totaled just less than $16 billion, giving the island a comfortable $5.3 billion trade surplus. Exports to...

General contractors. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... It appears that island construction companies have learned well their lessons from the past. A long recession in the early |70s and |80s tested their strength and ultimately forced many into bankruptcy, but now -- even after the Persian...

Specialized subcontractors: ceiling/acoustical/insulation. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... The $50 million market for ceiling, acoustical and insulation supplies remained essentially at the same level in 1991 as it was in 1989. 1990 was considered an abnormal year because of Hurricane Hugo's visit here in September of 1989 which...

Subcontractors. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Steel, electrical, mechanical and other contractors make up a vital sector of the construction industry, which generates more than $400 million in annual sales. Most construction subcontractors agree, however, that they have been affected...

Roofing. (includes related article) (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Puerto Rico has a multimillion-dollar roofing industry which includes supplies distributors, materials manufacturers, and contractors. The largest roofing supplies distributor in the Carribean is Consolidated Products Inc. Among...

Fire protection. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Since the tragedy of the Dupont Plaza Hotel fire occurred on Dec. 31, 1986, Puerto Rico has seen a steady improvement in reducing the number of fires and casualties related to fires on the island. In 1989, the Puerto Rico Fire Department...

Steel & aluminum industry. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Steel and aluminum continue to be two of the most important metals used on the island today. Steel serves as a prime component of the island's construction industry, with about 30% of construction in Puerto Rico depending on steel as a basic...

Site preparation. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... The latest trendy phrase "green is good" has translated to more business for geotechnical engineers, particulars those in environmental assessment. Since the beginning of 1991, banks in Puerto Rico have been requiring assurance of...

Construction material suppliers. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Most construction materials suppliers would agree that almost any year would pale in comparison to 1990, when the industry benefited greatly from the $1.5 billion pumped into the island's economy as a result of Hurricane Hugo. This is not to...

Construction equipment distributors. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... During 1991, the Puerto Rico construction equipment distributors market had a slow year. Estimates are that the total market shrank from $150 million to $135 million. All distributors sell or lease their equipment. The industry is about...

Residential. (residential real estate industry) (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... The year 1991 was definitely one of ups and downs for the real estate market in general. However, the local residential real estate market remained fairly stable throughout the year, providing the industry with a basis upon which to build for...

Developers. (housing developers) (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... The development of construction projects on the island has continued at a steady pace, although the market has been boosted by a small number of large projects, rather than a large number of small to medium-sized projects. Developers in...

Industrial. (industrial real estate market) (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... In general, the industrial real estate market can be divided into two sections: manufacturing and distribution properties. In both of these areas, the leading provider of industrial properties on the island is the government of the Commonwealth...

Office space. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico)
January 1, 1992... The office space market is a key area in Puerto Rico real estate development that has experienced a dramatic increase. Between 1991 and 1992, San Juan will have over 750,000 square feet of new office space, a situation that has led to a growing...

Environmental services. (Puerto Rico's environmental services industry) (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... The environmental services and consulting industry is one of the few sectors that remained unaffected by 1991's recession. This is largely the result of new federal and local laws requiring companies to adhere to stricter environmental...

Waste & water treatment. (Puerto Rico) (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico)
January 1, 1992... Puerto Rico's Environmental Quality Board (EQB) has the authority to establish water quality standards, promulgate regulations to control the discharge of pollutants into bodies of water and to receive and administer the delegation of the...

Recycling. (refuse disposal in Puerto Rico) (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico)
January 1, 1992... As Puerto Rico's population continues to grow, so does the amount of solid waste being generated on the island. According to statistics from the Puerto Rico Solid Waste Management Authority (SWMA), each person generates approximately 4.5 pounds...

Office supplies & equipment. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... There are some 60 office supply stores on the island. Each carries a large inventory of office supplies and equipment, computer accessories and office furniture, which they sell to both wholesale and retail customers. The local market for...

Computers. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... The age of automation is in full swing in Puerto Rico where businesses can find the perfect solution for virtually any type of problem. Puerto Rico is rapidly becoming a hub of computer distribution and sales throughout the Caribbean and Latin...

Industrial supplies & equipment. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... The industrial supplies sector includes virtually everything that helps keep local industry running. Although Puerto Rico manufactures some of its industrial supplies, about 95% of these materials are imported by the island's industrial supply...

Surety. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... The local insurance industry would be incomplete if it could not offer surety insurance. Surety is the type of insurance that deals with the assurance of a contract or obligation. In order to fulfill this, a surety bond is signed. This bond...

Life & disability. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Life and disability insurance are two of the most important lines in the business for island insurers. Together, they total about $1 billion in premiums written annually. According to a report by the Office of the Puerto Rico Insurance...

Property and casualty. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Property and casualty insurance has been one of the most affected sectors of the insurance industry in recent years. When Hurricane Hugo hit the island in September 1989, both local and stateside insurance companies had to stand up and meet...

Agents & brokers. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico)
January 1, 1992... The island's insurance industry is comprised of more than 8,500 agents, approximately 200 general agents and 160 brokers. Whatever their specialization, all agents are paid by commission and must have a license from the Office of the Insurance...

Medical devices. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico)
January 1, 1992... The manufacture of medical devices and surgical instruments is a growth industry in Puerto Rico. The island is quickly becoming a center for the manufacturing of a wide array of medical devices and surgical instruments ranging from surgical...

Pharmaceutical. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Pharmaceutical manufacturing is a key component of Puerto Rico's economy. The island's pharmaceutical industry attracts millions of dollars in capital expenditures each year, creates thousands of above-minimum wage jobs and provides business...

Packaging. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico)
January 1, 1992... The development of Puerto Rico's manufacturing sector over the past 40 years has created opportunities for companies specializing in the fabrication of packaging components. There is a significant number of firms in Puerto Rico...

Rubber & plastics. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Puerto Rico's manufacturing sector in rubber and plastics reflects the trends on the U.S. mainland. Plastic continues to displace metal, glass, paper, wood and other materials, including rubber. The reason for this is that new technologies...

Cleaning fluids & solvents. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... The U.S. classification of Industrial & Institutional Products includes cleaners, detergents, disinfectants, sanitizers, solvents and the like. In the 1990, the Top 50 companies in the U.S. reported nearly $60 billion in sales; Procter and...

Electrical/electronics. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Electronics manufacturing is a $3.5 billion a year industry in Puerto Rico. The industry is made up of two main groups; computer and related components makers, and manufacturers of consumers electronics and industrial electrical equipment....

Petroleum. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... The resolution of the Gulf War early in 1991 helped to stabilize oil prices that shot up after Iraq's invasion of Kuwait in August of 1990. After Saddam Hussein's invasion, the price of petroleum jumped from less than $20 a barrel to nearly...

Computers. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... The manufacture of computers and related components is an important part of Puerto Rico's $3.5 billion a year electronics industry. Export of computers and components made on the island amount to nearly $2 billion a year. In recent years,...

Food processing. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico)
January 1, 1992... Food processing is an important industry in Puerto Rico, helping to feed the island's population of 3.6 million and providing employment for more than 23,000 workers while generating in excess of $2.4 billion in export revenues in recent years....

Apparel. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Puerto Rico continues to offer apparel and garment makers significant advantages over manufacturing on the U.S. mainland and in low-wage countries in the Caribbean and the Far East. Garment and apparel production is Puerto Rico's first true...

Audiovisual services. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... As more businesses become dependent on high-tech audio-visual presentation equipment, the demand grows for experts in that field. A wide variety of audio-visual services is available in Puerto Rico, including equipment sales and rental,...

Accounting. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Accounting, auditing and consulting firms in Puerto Rico, as is the case with their counterparts worldwide, are facing three major challenges nowadays. The first is having to grasp the significance and impact of the monumental...

Architectural and engineering firms. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico)
January 1, 1992... The Commonwealth government's enactment of the Spanish-Only Law in June of 1991, which repealed a 1902 law that made Spanish and English the two official languages of Puerto Rico, has created a bureaucratic nightmare for construction and...

Security systems and other services. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Systems for the protection of one's home, business or personal property can be divided into two main categories -- physical systems and personnel systems. The physical systems include a variety of alarms, access control systems, and...

Refrigeration and air conditioning. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Puerto Rico's air conditioning market is divided into four sectors: residential, commercial, industrial and applied engineering. To service these markets, the island has developed a sophisticated system of maintenance services. In...

Law firms. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Puerto Rico's legal industry faces new kinds of challenges in the 1990s: environmental issues, the concerns of an aging population, and the emergence of Puerto Rico as a regional center of trade and commerce. Among the island's most...

Human resources. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Industry experts estimate that approximately 15% of all companies in Puerto Rico now rely on the services offered by personnel recruiting firms. Executive search and temporary help firms, although different in nature, both offer trained...

Data processing/information services. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Last year was once again one of extensive growth for the electronic data processing and information services field in Puerto Rico. A major reason for this is that more and more local companies are turning to specialized computer firms capable...

Advertising. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... At the end of 1991, Puerto Rico's $500 million advertising market had dropped by 12% to 15%, according to industry observers. That means that there was a loss of some $60 million to $75 million in advertising spending this year. The island...

Public relations. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Directory)
January 1, 1992... The challenges have never been greater nor the opportunities brighter for public relations (pr) professionals in Puerto Rico. The role of the pr practitioner and the scope of the profession have both evolved and broadened since the days...

Marketing research. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Each day consumers are bombarded with hundreds of choices as they are forced to decide on everything from where to do their banking to what products to buy at the local supermarket. But what makes certain goods and services more appealing to...

Printing companies. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Puerto Rico has an estimated $125 million commercial printing industry which prints products ranging from business cards to magazines and books, currently employs about 2,000 workers, and contributes $23.4 million in annual wages to Puerto...

Document storage. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico)
January 1, 1992... Records management consultants say that the past five years have shown a tremendous growth in the demand for document storage services. Banks have long used micrographics to keep efficient, easily accessible records, but executives in other...

Travel agencies. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... The past year turned out to be a difficult one for Puerto Rico's travel agency industry. The economic recession, the war in the Persian Gulf and the turmoil in the passenger airline industry, all contributed to a decline in business and leisure...

Courier & delivery services. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Companies seeking to remain competitive in today's highly complex business marketplace must often conduct business matters at a timely, yet flexible pace. One result of this is that the island's corps of local courier and delivery services...

Healthcare. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Puerto Rico's $1.5 billion healthcare industry is constantly improving the variety and quality of services offered, while struggling against the pressures of rising costs, stricter payment standards and greater competition on the island and on...

Hospitals. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Rising costs and falling occupancy rates are plaguing Puerto Rico's hospitals. Cuts in federal health programs and pressure from private insurers to control costs are forcing hospital administrators to find innovative ways to make ends meet....

Industrial launderers/uniform & linen supplies. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... The use of industrial launderers and uniform suppliers has continued to grow at steady pace in the last twelve months, as companies continue their interest in projecting the "corporate" image. The use of industrial laundries and/or uniform...

Telecommunications. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... The telecommunications industry has become one of Puerto Rico's fastest growing industries. Since last year's equal access process, competition has allowed island consumers to choose from a vast array of services and products offered at highly...

Long distance companies. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Ever since the equal access process swept across Puerto Rico, the island's long distance market has never been the same. Equal access led to the establishing of several new long distance companies on the island. This market now includes...

Radio. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... In a marketplace that is saturated in terms of the number of operations, Puerto Rico's radio industry continues to search for ways to sharpen its competitive edge in hopes of capturing a larger portion of the island's total advertising...

Television stations. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Television broadcasting on the island has become strangely similar to a traditional soap opera or novela -- full of tears, fears and tension, with everybody at the edge of their seats hoping for a happy ending. There are four leading...

Film companies. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... As the economic benefits of film and television production work are realized, industry officials continue to place more emphasis on promoting Puerto Rico as a shooting location. It is estimated that the island's film and production industry...

Print media. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... While news of the economic recession made headlines in Puerto Rico's daily and weekly newspapers throughout the end of 1990 and continuing on into 1991, ironically, many of the island's print media did not escape the very reports of economic...

Convention and meeting facilities. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico)
January 1, 1992... Puerto Rico's largest convention and meeting facilities remained closed throughout most of 1991 after an attempt to sell the property failed in the fall of 1990. As a result the island was unable to host any conventions or meetings whose...

Paradores of Puerto Rico/country inns. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico)
January 1, 1992... Whether you are looking to stay amidst the lush tropical settings of the island's mountainous region or near beaches that are nearly isolated, Puerto Rico has a large number of conveniently located small hotels, county inns (known as paradores)...

Camps & recreational parks. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico)
January 1, 1992... One of the best ways to appreciate Puerto Rico's natural beauty is to visit the island's forest reserves, parks and campgrounds, most of which are located away from the congestion and traffic of the San Juan metropolitan area. Visitors to the...

Car rentals. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... In the direct path of the economic pendulum, which marks the vitality of the island's airline and hotel industries, falls Puerto Rico's car rental industry. According to a recent report published by the U.S. Department of Commerce, Bureau...

Restaurants. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Restaurants are a serious business in Puerto Rico, generating over $800 million a year in sales, according to the latest government figures. The island has an estimated 1,600 eating and drinking establishments that employ roughly 14,000 people...

Passenger airlines. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... The past year has been an extremely turbulent one for the passenger airline industry worldwide. Recession, rising operating costs and the Persian Gulf war, which led to drastic declines in the number of tourists and business travelers, directly...

Air cargo. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... Air cargo is a vital part of Puerto Rico's economy, and in spite of the economic recession it has succeeded in growing to record numbers. There are an estimated 30 airlines which regularly handle cargo through the Luis Munoz Marin International...

Maritime industry. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... As an island, Puerto Rico depends on shipping for virtually all of its trade with the outside world. In fact, Commonwealth government statistics show that 98% of the island's external trade is transported by ship. There are three major...

Warehousing. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... One of the new warehousing services on the island has been the establishment of the first public warehouse which is licensed and bonded to warehouse alcoholic beverages. Since July of 1991, the Puerto Rico Export Co. Inc. (Prexco) has been...

Custom brokers. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico)
January 1, 1992... Puerto Rico's customs brokers are licensed by the U.S. Customs Service and must endure a thorough background check and pass an examination administered by the agency. There are approximately 24 licensed customs brokers operating on the...

Freight forwarders. (Caribbean Business to Business Guide)(The Official Business Guide of Puerto Rico) (Industry Overview)
January 1, 1992... A growing number of firms in Puerto Rico are finding themselves increasingly dependent on the services of freight forwarders to export their products of foreign countries. Freight forwarders specialize in helping local exporters move their...