Seeking to expand its product offering in the area of insurance and protection, at a time when identity theft is increasing, Scotiabank de Puerto Rico’s insurance division announced Tuesday the availability of its "Scotia ID Protection" program.
Moody's Investors Service zeroed-in on several members of Hato Rey's Golden mile Tuesday, placing on review for downgrade certain ratings of three Puerto Rican banks, including Banco Santander Puerto Rico, Banco Bilbao Vizcaya Argentaria Puerto Rico and Popular Inc.
Javier Rivera-Aquino, who until late last year headed the Agriculture Department has been appointed executive director of the Puerto Rico Industrial Development Company’s Puerto Rican Industry Investment Board, through which he will advocate for greater participation of local companies in government procurement activities, administration officials said Monday.
On January 31, 2011, Puerto Rico enacted a new Internal Revenue Code (the “2011 Code”), which reformed the island's tax system, containing significant changes for individual and corporate taxpayers.
MasterCard customers will have a special reason to shop on Wednesdays, when the credit card company is teaming up with retailers at 15 Centros Isla malls to offer discounts on purchases.
Five months after entering Puerto Rico's insurance market, Multinacional de Seguros is laying the groundwork to establish itself as a contender in the highly competitive $8 billion economic sector.
The University of Puerto Rico’s Río Piedras campus will host the first interdisciplinary symposium on “Energy: Technology, Policy and Design,” to be held April 11-12, to expose Puerto Rico’s energy problem from an interdisciplinary point of view, school representatives announced.
A decade after exiting the local market, Michaels Arts and Crafts is looking to come back to Puerto Rico with at least three stores, News is my Business learned.
BBVA recently participated in the structuring and approval of a $250 million revolving credit facility for the Puerto Rico Health Services Administration, which runs the government’s “Mi Salud” health plan covering more than 1.5 million beneficiaries.
In the most recent Global Information Technology Report released Wednesday, Puerto Rico ranked second among the region’s most connected jurisdictions, behind only Barbados. However, the island ranks 36th in the world in terms of connectivity, which still denotes the persistence of a significant digital divide.
Saying that the food industry should be treated as part of the island’s social and economic infrastructure, the head of the Marketing, Industry and Food Distribution Chamber, known as MIDA, warned Tuesday of the “imperative” need to establish a permanent food policy for Puerto Rico.
Healthsouth Rehabilitation Hospital of Manatí has garnered high recognition from Uniform Data System for Medical Rehabilitation for the fourth consecutive year, ranking in the top ten percent of qualifying rehabilitation hospitals for 2011, the company announced.
Close to 125,000 low-income consumers have been dropped from the list of beneficiaries receiving subsidies for their home or mobile telephone services through the Universal Service Fund after the Telecommunications Regulatory Board uncovered an alleged pattern of participants who were double- and triple-dipping into the pool of local and federal money, News is my Business learned.
Doral Bank has reached a deal with the Treasury Department regarding $200 million in overpaid taxes that the bank will now write off in its books as a prepaid expense.
With a grand display of the auto industry’s most advanced eco-friendly technologies and as an educational initiative during “Earth Month,” Toyota de Puerto Rico inaugurated Monday its “Technological Rainforest Expo” at the Plaza las Américas mall in Hato Rey.
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