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 portfolio of loans ...

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

During a ribbon-cutting ceremony held Thursday to officially inaugurate JetBlue Airways' new home at Terminal A in Carol ...

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. has entered into an definitive agreement to buy Banco Bilbao Vizcaya Argentaria, S.A.’s ...

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

Nearly 18 months after launching flights between the Luis Muñoz Marín International Airport in Carolina and the island ...

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

Puerto Rico has to implement a reinvention project focused on an economic and social development plan that includes a sp ...

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

The Economic Development Bank announced Wednesday it granted local company South Puerto Rico Towing and Boat Service Inc ...

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 growth i ...

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

The U.S. Department of Labor today awarded three National Emergency Grants totaling more than $4.1 million to the Puerto ...