Rock Solid Technologies exports services to Canada; adds 10 jobs to payroll
August 1, 2018
Puerto Rican software engineering company Rock Solid Technologies Inc. has entered the Canadian market, as part of its expansion strategy into international sales.
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P.R. Community Foundation grants $1.3M+ to rehab 87 homes in 15 towns
August 1, 2018
The Puerto Rico Community Foundation granted $1.35 million in donations to rehabilitate or rebuild 87 homes for low- and moderate-income families whose properties were damaged by Hurricane María.
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Full Circle Communications expands to FL, launches digital tools
August 1, 2018
Full Circle Communications Inc announced the launching of its services in Florida, expanding their business into the US-Hispanic market.
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P.R. gov’t reaches preliminary restructuring support agreement with PREPA bondholders
July 31, 2018
The Financial Oversight and Management Board for Puerto Rico, the Puerto Rico Electric Power Authority, and the Fiscal Agency and Financial Advisory Authority have reached an agreement with the Ad Hoc Group of PREPA bondholders.
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Free legal group structures way to get FEMA to reconsider denied funding applications
July 31, 2018
The Federal Emergency Management Agency has agreed to efforts by Hurricane María Legal Aid and other legal service providers to reconsider the requests for assistance from property owners in Puerto Rico who have no formal deed or documentation to prove it.
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Crowley’s newest cargo ship, El Coquí, arrives to San Juan
July 31, 2018
Crowley Maritime Corp. sailed its newest cargo ship into San Juan Monday — El Coquí, one of the first combined container/roll on roll (ConRo) vessels powered by liquefied natural gas.
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SBA marks 65 years of service to America’s entrepreneurs
July 31, 2018
The U.S. Small Business Administration marked 65 years of serving as a voice and ally to millions of small businesses.
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A.M. Best confirms ‘ongoing concerns’ over COSVI’s capital strength
July 30, 2018
A.M. Best has kept its negative outlook about Cooperativa de Seguros de Vida de Puerto Rico’s staying power and efficiency, by upholding its Financial Strength Rating of C+ (Marginal) and the Long-Term Issuer Credit Rating of “b-” remain unchanged.
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EDB offers loans of up to $50K to ensure business continuity
July 30, 2018
The Economic Development Bank for Puerto Rico announced that effective immediately, it will begin offering new loans capped at $50,000 aimed exclusively at helping small and medium businesses effectively prepare for emergencies such as hurricanes and avoid subsequent interruption in business operations.
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GSRX Industries Inc. acquires cannabis investment properties in P.R.
July 30, 2018
GSRX Industries Inc., through its wholly-owned subsidiary, Andalucia LLC, announced that it has acquired two properties in San Juan.
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P.R. economists recommend 5 measures at the federal level to spur growth
July 27, 2018
The Puerto Rico Economists Association urged the implementation of at least five measures at the federal level that they consider essential to successfully overcome the island’s current economic crisis and spur economic growth in the long term.
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inverSOL invests $4M in portable solar generator manufacturing plant in Caguas
July 27, 2018
inverSOL, a new company dedicated to the design, production and sale of portable solar generators for the residential market, announced it will invest $4 million in Puerto Rico to establish a new assembly plant featuring a showroom and sales area.
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Maximo Solar invests $1.5M in Humacao manufacturing unit
July 27, 2018
Maximo Solar Industries will invest $1.5 million in equipment and infrastructure for the assembly of battery cabinets and solar panels structures at its Humacao manufacturing operation, company CEO Máximo Torres confirmed.
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FirstBank grants $782K loan to renovate Casa Wilson in Condado
July 27, 2018
With the goal of supporting the launching of a family business, FirstBank has granted Samuel Rodríguez a $782,793 loan for purchasing and making improvements to the new Casa Wilson, an inn located in Condado.
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Op-Ed: Blockchain, the road to an efficient state
July 27, 2018
Information is the newest and most valuable asset of an organization, in addition to talent. Public and private companies embrace this through real-time-data that allows them to learn the immediate status of its operation, take corrective actions (if necessary) and act proactively to become more efficient.
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