Following a year taken up mostly by efforts to stabilize operations, the banking sector is ready to regain full financial footing and begin growing loan portfolios in 2012. All that activity should yield a much-needed positive effect on the economy, several high-ranking bankers told News is my Business.
José Sifontes, who held the post of U.S. Small Business Administration District Director for Puerto Rico and the U.S. Virgin Islands, José Sifontes, passed away Dec. 28, the agency announced Monday.
The most recent edition of the Orbitz Insider Index, published by the popular online travel company, ranked San Juan as the second most-popular international travel destination in 2011, just behind Cancun, Mexico and ahead of London, England.
Toxic emissions in Puerto Rico were 15 percent lower in 2010 versus the prior year, but higher in the U.S. Virgin Islands, the U.S. Environmental Protection Agency’s 25th edition of its Toxics Release Inventory report.
Banco Popular will host a one-night culinary event that will draw an all-star lineup of chefs from the Caribbean and the U.S. mainland who will showcase their best recipes for eager foodies. The “Ultimate Flavors of the Islands” will take place Jan. 20 from 7 p.m. to 11 p.m. at the recently renovated Frenchman’s Reef and Morning Star Marriott St. Thomas Beach Resort.
Puerto Rico’s wireless market is gearing up for another year of growth, fueled by the explosion of 4G Long Term Evolution (LTE) digital technology that promises faster and better services. The demand that should be associated with LTE will drive companies to do everything they can to expand the technology’s reach, industry executives told News is my Business.
Under the slogan “Every child deserves a Christmas gift,” close to 5,000 children will be getting a present during this holiday season, collected by Walgreens in Puerto Rico. The kids who participate in programs run by 125 community groups have been receiving their toys during visits the retailer’s staff has conducted and that conclude on Friday’s Three Kings Day celebration.
Even before 2012 started it was already shaping up to be a year of “many challenges” for the island’s economy, Puerto Rico Chamber of Commerce President Salvador Calaf said.
The Puerto Rico Manufacturers Association has mapped out its strategy for 2012, when it aims to keep the ball rolling on several key strategies it set off last year.
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