A new ownership team led by Post Capital Partners and 30-year waste management industry veteran Randy Jensen has acquired the solid waste operations of Waste Management Inc. in Puerto Rico, for an undisclosed amount.
The U.S. Department of Agriculture announced Thursday the availability of $8.8 million through its Rural Development agency to provide additional support and resources for America’s small and midsized farmers and ranchers.
Gov. Alejandro García-Padilla's administration is contemplating a number of austerity measures to scale back government expenses, including proposing an across-the-board $600 Christmas bonus for all public employees and eliminating payments of excess or unused sick days.
The Puerto Rico Planning Board is working on an integrated plan to streamline and update the process of gathering, analyzing and releasing statistics, seeking to strengthen the numbers available for the island’s economic activities, agency President Luis García-Pelatti said Wednesday.
WASHINGTON — Move over, Asian tigers. It looks like the four so-called “Pacific Pumas” — Chile, Colombia, Mexico and Peru — have become the latest darlings of the investor crowd.
Integrating the Puerto Rico Film Commission into the Economic Development and Commerce Department will “help align Puerto Rico’s strategies to promote the film industry, while generating efficiencies to maintain the Film Fund,” said the latter agency’s Chief Alberto Bacó-Bagué Wednesday.
The Puerto Rico Planning Board released Tuesday its economic projections for Fiscal years 2014 and 2015, in which it is estimated a base growth in real Gross Domestic Product of $6.5 billion million this year, representing an increase of 0.1 percent compared to Fiscal 2013.
The Banco Popular Foundation has teamed up with El Mesón Sándwiches to support the “Home Run por el Futuro” (“Home Run for the Future”) effort, whose mission is to raise funds for the Extra Bases Foundation, run by former Puerto Rican baseball great Carlos Delgado.
Badillo Saatchi & Saatchi obtained eight Sun awards — one Gold, four Silver and three Bronze — at FIAP 2014, becoming the top winner from Puerto Rico for the second consecutive year at this festival and the second in Ibero America in radio.
Puerto Rico Gov. Alejandro García-Padilla presented Tuesday a budget that includes about $1.4 billion in cuts, including the elimination of 23 agencies and about 100 schools, among other “rational uses of public funds.”
U.S. Bank, as joint lead arranger and administrative agent, closed on a $320 million loan for The Taubman Realty Group Limited Partnership to finance the development of The Mall of San Juan, a 650,000-square-foot shopping and entertainment complex in San Juan.
News is my Business, Puerto Rico’s first English-language digital business newspaper, recently became part of the Dow Jones & Company international news service, putting the world’s focus on the island’s economic landscape.
Oriental Financial Group reported Monday earnings of $20.3 million for the first quarter of the year, representing $0.42 per share diluted, compared to $16.6 million, or $0.35 per share diluted, in the preceding quarter, and $17.7 million, or $0.37 per share, in the first quarter of 2013.
The Federal Home Loan Bank of New York released Monday its unaudited financial highlights for the quarter ended Mar. 31, disclosing, among other details, net income for the quarter of $75.4 million.
Puerto Rico Lands Authority Executive Director Luis Rivero-Cubano recently told members of the Associated General Contractors that there are plenty of business opportunities for the sector to develop residential, tourism and commercial properties throughout the island.
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