Archive for April, 2011

SAP reports 247% 1Q growth in P.R., Caribbean region
April 30, 2011, No Comments

German enterprise software developer SAP this week released results for the first quarter ended March 31, reporting a 24 ...

Oriental reports $13.1M in 1Q net income
April 29, 2011, No Comments

Oriental Bank, one of only several financial institutions doing business in Puerto Rico that weathered last year’s ban ...

Claro edges closer toward securing cable TV franchise
April 29, 2011, No Comments

Telecommunications service provider Claro may be close to approaching the finish line on a more than three-year race to ...

PRMA outlines key initiatives to reclaim competitiveness
April 29, 2011, No Comments

Calling it its “manifesto on the economy,” the Puerto Rico Manufacturers Association unveiled Thursday a series of i ...

HFA launches mortgage loan assistance program
April 29, 2011, No Comments

Some 1,500 Puerto Rico homeowners facing the possibility of foreclosure may be able to qualify for a new $20 million eme ...

Sartorius Stedim Biotech announces $20M Yauco expansion
April 28, 2011, No Comments

German medical device maker Sartorius Stedim Biotech announced plans for a $20 million expansion at its industrial compl ...

Ford sales increase 39% in P.R.
April 28, 2011, No Comments

Automaker Ford reported an increase in sales of 39 percent during the first quarter of 2011 in Puerto Rico, ranking seco ...

Edwards Lifesciences CEO urges creating path toward ‘prosperous Puerto Rico’
April 28, 2011, No Comments

Puerto Rico’s future success and prosperity depends on its ability to continue innovating to remain competitive and re ...

Wal-Mart Puerto Rico names new GM
April 28, 2011, No Comments

Wal-Mart Stores Inc. announced Thursday the appointment of Jaime Fernández Palacios as general manager for the Puerto R ...

Convention Bureau president Viscasillas resigns
April 27, 2011, No Comments

Puerto Rico Convention Bureau President Ana María Viscasillas resigned to her post late Wednesday, amid media reports o ...