Gov’t revises terms in 2nd offer presented to creditors
April 11, 2016
Members of the government’s Working Group for the Fiscal and Economic Recovery of Puerto will release today details of a revised voluntary exchange proposal presented to advisors to the Commonwealth’s creditors in March.
chat_bubble0 Comment
visibility3529 Views
DR could hit 10M visitors a year by ’22 if growth holds
April 11, 2016
The Dominican Republic is on track to meet or exceed President Danilo Medina’s goal of welcoming 10 million visitors annually by 2022 — solidifying its status as the undisputed leader in Caribbean mass-market tourism.
chat_bubble0 Comment
visibility4050 Views
Hotel, insurers tap executives for top posts
April 11, 2016
The Rincón Beach Resort, Triple-S and MMM recently made some executive appointments in their operations, as the private sector does its part to move the economy.
chat_bubble0 Comment
visibility3528 Views
USDA earmarks up to $44M for new bio-based products
April 11, 2016
The U.S. Department of Agriculture is making up to $44 million available to farmers, ranchers and businesses to develop new bio-based products and expand markets through the Value-Added Producer Grant program.
chat_bubble0 Comment
visibility2607 Views
GM Security Tech strikes partnerships for cybersecurity
April 11, 2016
GM Security Technologies, a provider of secure cloud computing, big data and integrated security, recently announced a strategic agreement with the Puerto Rico Science, Technology and Research Trust, and the Polytechnic University of Puerto Rico, to launch an innovation and incubation "cluster" for cybersecurity.
chat_bubble0 Comment
visibility4076 Views
Diaspora, local execs join forces on message to Congress
April 8, 2016
A broad segment of the Puerto Rican diaspora and local economic and social organizations met Thursday with House Speaker Jaime Perelló to identified critical areas that must be addressed jointly in Congress, as it shapes solutions for the island’s fiscal crisis.
chat_bubble0 Comment
visibility3046 Views
Urban Outfitters opening at The Mall of San Juan in Sept.
April 8, 2016
Lifestyle and fashion apparel retailer Urban Outfitters Inc. will be opening its first store in Puerto Rico in September at The Mall of San Juan, this media outlet has learned.
chat_bubble0 Comment
visibility4635 Views
Saborea ’16 gathers culinary stars for weekend of eats
April 8, 2016
The 9th edition of “Saborea Puerto Rico: A Culinary Extravaganza” fest will bring together more than 80 local chef and invited Food Network and Travel Channel chefs who will demonstrate their skills this weekend.
chat_bubble0 Comment
visibility2675 Views
Op-Ed: Who should file US individual income tax return?
April 8, 2016
Every U.S. citizen is subject to the provisions of the United States Internal Revenue Code ("USIRC") regardless of their place of work or residence. Since people born in Puerto Rico are U.S. citizens, they are subject to the provisions of the USIRC.
chat_bubble0 Comment
visibility4377 Views
Law firm McConnell Valdés marks 70 years in P.R.
April 8, 2016
Puerto Rican law firm McConnell Valdés LLC is marking seven decades of uninterrupted contributions to the development of the island’s legal profession, as well as its economic and social transformation.
chat_bubble0 Comment
visibility3712 Views
S&P: Puerto Rico debt moratorium could lead to default
April 7, 2016
Standard & Poor's Ratings Services said Wednesday the legislation enacted giving Puerto Rico Gov. Alejandro García-Padilla the power to suspend debt service payments would lead to a further credit downgrade, to “default” status.
chat_bubble0 Comment
visibility3076 Views
CofC launches new initiative to find solutions for P.R.
April 7, 2016
Seeking to expand human capital to help push Puerto Rico forward and find new solutions that lead island residents toward a better future, the Puerto Rico Chamber of Commerce is launching a new initiative called "Puerto Rico is about all of us."
chat_bubble0 Comment
visibility3332 Views
Cuba: No longer ‘forbidden fruit’ for American tourists
April 7, 2016
Later this year, for the first time in more than half a century, American tourists will be able to hop on a jet from any major U.S. airport and fly directly to Havana.
chat_bubble0 Comment
visibility4309 Views
SBA to deliver ‘Boots to Business: Reboot in San Juan’
April 7, 2016
The U.S. Small Business Administration (SBA) Puerto Rico and the U.S. Virgin Islands district office will host on April 20-21 the entrepreneurship training course for veterans known as “Boots to Business: Reboot in San Juan.”
chat_bubble0 Comment
visibility3583 Views
PR creditors offer 5-yr. debt service freeze, $750M loan
April 6, 2016
A group of investors — including certain mutual funds — holding $5 billion in Puerto Rico's General Obligation bonds revealed Monday the terms of a joint restructuring proposal that calls for offering the government a five-year moratorium on principal payments and $750 million in upfront liquidity.
chat_bubble0 Comment
visibility3048 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA