Business bankruptcies in decline
Business bankruptcy filings have declined significantly over the past year in South Florida, a direction financial analysts say will continue as the economy keeps strengthening. According to the United States…
American’s Torno takes off for Texas
Art Torno, the American Airlines executive who replaced longstanding Senior VP Peter Dolara as VP of Mexico, Caribbean and Latin American operations in Miami and became the airline’s senior official…
Three massive towers to rise beside arts center
The Related Group is bringing another triple tower project to Miami’s urban skyline, this one right next door to the Adrienne Arsht Center for the Performing Arts. As a bonus…
World Trade Center Miami goes regional
The World Trade Center Miami, now in its third decade, is looking at new strategies to increase its outreach and further its mission. “Our mission is to increase two-way trade…
Local banks’ loan totals rise, bad loans fall
Despite the dramatic swings of late in global stock prices and uncertainty over the effect this will have on US consumer confidence and spending, local bankers are optimistic South Florida’s…
Wealthy Chinese targeting business in Miami
Twenty-two wealthy Chinese art collectors with ties to real estate have expressed interest in visiting Miami this year to explore the city’s business environment and investment opportunities. Invited by Peng…
Turkish bus manufacturer picks county plant site
A partnership formed to build eco-friendly buses has lined up a Miami-Dade County manufacturing site. Nopetro|OHL, a joint venture of Nopetro and Karsan U.S.A., plans to make cost-efficient buses powered…
As world trade plunges, Miami’s dips
Due to economic turmoil affecting several key trading partners, international trade has been slow so far this year in the Miami Customs District, which covers airports and seaports from Palm…
35 new foreign trade zone hubs likely
Port officials estimate Prologis, one of the world’s largest industrial property owners, should receive permission in the near future to create a foreign trade zone magnet hub in Northwest Miami-Dade…
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