Archive for June, 2012

Panama’s Martinelli: ‘Puerto Rico has everything and hasn’t taken advantage of it’
June 29, 2012, No Comments

Puerto Rico needs to establish closer commercial ties with all countries throughout Latin America and the Caribbean by, ...

EDB closes Fiscal ’12 with $208M loan portfolio
June 29, 2012, No Comments

The Economic Development Bank for Puerto Rico closed Fiscal ’12 with a record-setting $208 million loan portfolio.

JetBlue names San Juan its 6th ‘focus city’ upon inaugurating new terminal
June 29, 2012, No Comments

Jetblue President Dave Barger and Gov. Luis Fortuño, announced that San Juan has become the sixth focus city in the car ...

Green Energy Fund making $11M in incentives available as of July 1
June 28, 2012, No Comments

The new fiscal year that starts July 1 will make $11 million in incentives available to businesses looking to invest in ...

Oriental Financial Group to acquire BBVA Puerto Rico for $500M
June 28, 2012, No Comments

Oriental Financial Group Inc. is buying Banco Bilbao Vizcaya Argentaria, S.A.’s Puerto Rico operations for $500 millio ...

Seaborne Airlines investing $7M in 3 new planes
June 28, 2012, No Comments

Seaborne Airlines announced Wednesday plans to expand its fleet of aircraft, investing more than $7 million in three new ...

Northeastern region needs ‘focused plan’ to jumpstart economic activity
June 28, 2012, No Comments

Puerto Rico must set off a reinvention project based on an economic and social plan that includes a specific agenda for ...

EDB OK’s $8M loan, credit line to Guayanilla firm
June 28, 2012, No Comments

The Economic Development Bank granted South Puerto Rico Towing and Boat Service Inc. an $8 million loan and credit line.

SAP Puerto Rico closes 1Q ’12 with 108% growth
June 28, 2012, No Comments

SAP Puerto Rico and Caribbean became the company’s fastest growing region in Latin America with a 108 percent revenue ...

U.S. Labor Department grants $4.1M to help Puerto Rico displaced workers
June 27, 2012, No Comments

The U.S. Department of Labor awarded three National Emergency Grants of more than $4.1 million to the local Labor Depart ...