Archive for May, 2015

First BanCorp to sell $199.8M in loans next month
May 27, 2015, No Comments

First BanCorp., the bank holding company for FirstBank Puerto Rico, announced Tuesday it has entered into a definitive a ...

Seaborne, JetBlue to codeshare throughout Caribbean
May 27, 2015, No Comments

Seaborne Airlines and JetBlue Airways announced Tuesday they have finalized terms to begin a codeshare marketing relatio ...

Popular 1st Puerto Rico bank to unveil Apple Watch app
May 27, 2015, No Comments

Just a month after the launch of its native application for iPad, Banco Popular announced Tuesday the integration of a n ...

USDA opens call for grants to help repair rural housing
May 27, 2015, No Comments

The U.S. Department of Agriculture is seeking applications for grants to make housing repairs for low- and very-low inco ...

HARP extension could help 9K Puerto Rico homeowners
May 26, 2015, 3 Comments

More than 9,000 homeowners in Puerto Rico could save an average of $182 a month, or approximately $2,200 a year, on thei ...

Panel ponders how to slash region’s high electricity costs
May 26, 2015, 1 Comment

In the United States, electricity costs 10¢ to 12¢ per kilowatt-hour (kwh), while in Costa Rica, it’s 15¢ per kwh a ...

USDA has $10.4M to expand rural econ. development
May 26, 2015, No Comments

The U.S. Department of Agriculture recently announced it has some $10.4 million in funding available for grants to suppo ...

GDB president berates Moody’s’ latest credit downgrade
May 22, 2015, No Comments

Government Development Bank President Melba Acosta came down hard on Moody’s Investors Service’s decision to downgra ...

WorldNet, Microsoft bring ‘Skype for Business’ to island
May 22, 2015, No Comments

Software giant Microsoft on Thursday announced it has certified locally-owned telecommunications provider WorldNet to of ...

García-Padilla presents $9.8B budget for Fiscal ’16
May 21, 2015, No Comments

Puerto Rico Gov. Alejandro García-Padilla introduced Wednesday the measure paving the way for a $9.8 billion General Fu ...