Archive for January, 2012

LMM airport up for $40M in improvements
January 31, 2012, 2 Comments

The government may be scouting for a private company to operate the Luis Muñoz Marín International Airport in Carolina ...

Oriental reports 4Q ’11 losses tied to string of one-time charges
January 31, 2012, No Comments

Oriental Financial Group Inc. reported a loss of $13.1 million during the fourth quarter of 2001, sharply contrasting th ...

Scotiabank offers to pay closing costs through novel mortgage-refinancing program
January 31, 2012, 1 Comment

Refinancing a property is usually an expensive proposition that entails costly appraisals as well as fees that can add u ...

P.R. ‘Best Employers’ survey underway to choose top companies
January 31, 2012, No Comments

Because finding top professionals is harder than ever, companies need to do their part to get noticed. Achieving recogni ...

Kia shoots for 30% growth in ’12, 5th place ranking in P.R.
January 30, 2012, No Comments

Kia Motors Puerto Rico is counting on its redesigned models and a strong dealership network to drive a 30 percent growth ...

Unbranded local debit cards no longer accepted at many stateside retailers
January 30, 2012, No Comments

If you are one those people who are used to swiping a locally-issued ATM card issued to pay for purchases at stateside r ...

Fleets, improved credit conditions drive 1.5% auto sales increase in ’11
January 27, 2012, No Comments

Fueled by vehicle fleet sales, Puerto Rico’s auto industry reported a 1.5 percent growth in 2011 that is expected to c ...

SBA backs 157 loans worth $22.2M in 1Q ’12
January 27, 2012, No Comments

If the results of the first quarter of the federal fiscal year are any indication, 2012 should be good for small and mid ...

Food distributor Happy Products expanding to retail, abroad
January 26, 2012, No Comments

With 17 years of experience in producing and distributing highly nutritious food under its belt, Happy Products is now r ...

Ford Motor Co. opens ’12 environmental grant cycle
January 26, 2012, No Comments

Surrounded by the young students of the “Niños Uniendo al Mundo/Jardín del Cielo” School in Caguas, Ford Motor Com ...