Op-Ed: The unsustainable debt deal that won’t die
October 10, 2018
If the measure of success of a debt settlement is that it offers realistic payouts to bondholders while allowing the debtor the ability to emerge as a going concern, then it’s time to forget about this deal.
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FirstBank extends Beyond Mobile service to Beyond credit card customers
October 10, 2018
The new service, known in the market as “digital wallet,” allows customers to make payments at business establishments without having to physically show their card.
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ACE Cash Express in FL raises $17K+ for Save the Children’s Hurricane María Relief Fund
October 10, 2018
ACE Cash Express stores in Florida joined forces this May to raise funds for ongoing support of people devastated by Hurricane María in Puerto Rico.
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Discover Puerto Rico will launch repositioned brand for P.R. in early ’19
October 9, 2018
During the first three months of operation, the DMO has focused on establishing its business structure and conducting research.
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P.R.-based accelerator Parallel 18’s Generation 6 application deadline looms
October 9, 2018
Leading up to the deadline, P18 will have an informational session to answer questions today at 6 p.m. at their Santurce offices.
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P.R.’s economic activity index is flat year-over-year in August, but is driven by cement sales
October 9, 2018
The agency informed that the EAI reached a level of 121.9 in August of this year.
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Puma Energy opens 4 service stations, 2 with convenience stores in San Juan, Guaynabo
October 9, 2018
The new gas stations are included in a previously announced $80 million investment, which is creating more than 500 direct and indirect jobs.
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VarMed Transport, Uber Health launch service to drive patients to doctor’s visits
October 9, 2018
VarMed Transport will be available initially in the San Juan metropolitan area, 24/7.
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4 popular ‘Paradores’ pump $1.2M into modernizing their properties
October 8, 2018
In the past 12 months, “paradores” Boquemar, Combate Beach Resort, El Buen Café and Villas Sotomayor have invested more than $1.2 million in modernizing the facilities, property owners said.
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Verdanza Hotel undergoing $3M ‘millennial focused’ renovation
October 8, 2018
All renovations are expected to be completed by December 2018.
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Veritas signs MOU with Institute for Medicinal Cannabis of P.R. to advance market
October 8, 2018
The MOU represents the first of its kind within Puerto Rico and signals Veritas’ entrance into the island’s growing market.
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Bankers Association, NY Fed launch 10th ‘Financial Awareness Video Contest’
October 8, 2018
This video competition allows universities to integrate different and fun alternative to educate students about important issues in the area of finance.
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MCS launches ‘Conexión de Salud’ initiative to retain physicians in P.R.
October 5, 2018
MCS’ new Conexión de Salud is part of the larger “Vivela MCS” platform and focuses on helping the company’s network providers.
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P.R. restaurants generate $4B in sales, generate 60K direct jobs
October 5, 2018
The EAT study, which measures industry trends, also confirmed that the sector purchases more than $500 million in local products.
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Hunter College, PRMA to host Social Entrepreneurship and Reconstruction conference
October 5, 2018
The conference will convene representatives of the University of Puerto Rico’s School of Planning as well as the PRMA and other civic organizations on the island and its diaspora.
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