Archive for July, 2016

33 startups chosen for Parallel18’s second cohort
July 29, 2016, No Comments

Parallel18, a San Juan-based international accelerator for high impact innovative enterprises that want to scale their b ...

EVERTEC reports $97.7M in 2Q16 revenue
July 29, 2016, No Comments

EVERTEC Inc. announced results for its second quarter ended June 30, 2016 Thursday, reporting a 5 percent growth in reve ...

Treasury reports 2% YOY revenue collection increase
July 29, 2016, No Comments

The Puerto Rico Treasury Department collected some $9.1 billion in revenue for the General Fund during Fiscal 2016, exce ...

Allegiant airlines to launch new Orlando/SJ route in Dec.
July 29, 2016, No Comments

Las Vegas-based Allegiant airlines announced Thursday the start of nonstop service between Orlando Sanford airport and L ...

Bonistas del Patio blasts GDB debt restructuring law
July 28, 2016, No Comments

Bonistas del Patio Inc., which groups Puerto Rican bondholders holding about $15 billion in Commonwealth debt, called Go ...

First BanCorp reports $22M in 2Q16 net income
July 27, 2016, No Comments

First BanCorp, the bank holding company for FirstBank Puerto Rico, on Tuesday reported net income of $22 million for the ...

Popular Inc. earns $89M in 2Q16, banks on PROMESA
July 27, 2016, No Comments

Popular Inc., parent company of Banco Popular, on Tuesday reported net income of $89 million for the quarter ended June ...

AGC announces 43rd annual convention Aug. 25-28
July 27, 2016, No Comments

The Puerto Rico Chapter of the Associated General Contractors of America Chapter (AGC-PR) will host its 43rd annual conv ...

USDA to fund creation of biofuels, biobased products
July 27, 2016, No Comments

U.S. Agriculture Secretary Tom Vilsack announced Tuesday that the agency is accepting applications for funding to help s ...

Pierluisi: FAA assigns $1.1M to 3 Puerto Rico airports
July 26, 2016, No Comments

The Federal Aviation Administration has assigned more than $1.1 million in funds to the Puerto Rico Ports Authority for ...