Oversight Board outlines goals for P.R.’s fiscal plan
January 19, 2017
The Financial Oversight and Management Board for Puerto Rico on Wednesday outlined the goals, objectives and parameters that must be included in the new administration’s fiscal plan, as well as its willingness to extend the deadline to submit the document and effect a moratorium on creditor lawsuits, subject to specific conditions.
chat_bubble0 Comment
visibility1629 Views
GUIA: Fleet sales drive ’16 car sales, which will dip in ’17
January 19, 2017
The United Group of Automobile Importers predicted Wednesday that this year’s car sales will range from 82,000 to 84,000 units, a slight drop from 2016’s results.
chat_bubble0 Comment
visibility1515 Views
USDA looks to fund broadband in unserved rural areas
January 19, 2017
USDA Rural Development Under Secretary Lisa Mensah announced Wednesday that the agency is accepting applications for the Community Connect Grant Program and Broadband Program for FY 2017.
chat_bubble0 Comment
visibility2575 Views
SBA seeks to fund entrepreneurship training
January 19, 2017
The U.S. Small Business Administration is inviting funding proposals from nonprofit organizations, state, local and tribal government agencies, and institutions of higher learning to provide “Boots to Business” entrepreneurship training to service members, military spouses, and veterans.
chat_bubble0 Comment
visibility1484 Views
Liberty opens new customer service center in Aguadilla
January 17, 2017
Liberty Puerto Rico announced Monday the opening of a new customer service center at Aguadilla Mall to offer more efficiency and convenience to customers in northwestern Puerto Rico.
chat_bubble1 Comment
visibility3380 Views
$1.5M Crunch Fitness gym to open in Plaza del Caribe
January 17, 2017
Crunch Fitness Club will open its newest location in Puerto Rico in March, a $1.5 million, 30,000 square-foot gym at Plaza del Caribe in Ponce, company officials announced Monday.
chat_bubble0 Comment
visibility3928 Views
FirstBank grants financing to Optifarma
January 13, 2017
FirstBank's Small Business Unit granted two loans under the SBA Express and SBA 7(a) Programs to Optifarma, LLC for the purchase of inventory and operational capital, the bank announced. The amount of the loans were undisclosed.
chat_bubble2 Comments
visibility3002 Views
Parallel18 Ventures to invest $225K in 3 startups
January 12, 2017
The Puerto Rico's Science, Technology and Research Trust announced Wednesday it will invest $225,000 in three startups through the recently created follow-up fund Parallel18 Ventures.
chat_bubble1 Comment
visibility4510 Views
CBP starts operations at Pazos aviation facility at LMM
January 11, 2017
U.S. Customs and Border Protection announced that Tuesday that PAZOS Fixed Base Operator Service opened a new general aviation processing facility at the Luis Munoz Marin International Airport in Carolina.
chat_bubble0 Comment
visibility1665 Views
PharmPix gets pharmacy benefit management approval
January 11, 2017
PharmPix, a local full-service Pharmacy Benefits Management (PBM) company, has again earned URAC accreditation in its field, the company announced Tuesday.
chat_bubble0 Comment
visibility3214 Views
UN: ‘Human rights cannot be sidelined” in PR crisis
January 10, 2017
The United Nations Independent Expert on foreign debt and human rights has called for fair solutions to the huge debt crisis in Puerto Rico, warning that ratcheting up austerity measures will threaten residents’ human rights and worsen the U.S. territory’s “intolerable” poverty levels.
chat_bubble0 Comment
visibility1603 Views
5th edition of P.R. Investment Summit slated for March
January 9, 2017
The Puerto Rico Investment Summit, the Caribbean’s foremost investor’s conference, will celebrate its 5th edition March 2-3, at the Puerto Rico Convention Center, organizers announced.
chat_bubble0 Comment
visibility1732 Views
Assured Guaranty pays $42M to insured PR bondholders
January 5, 2017
Two bond insurance subsidiaries of Assured Guaranty Ltd., together with its subsidiaries, Assured Guaranty, have made interest payments to holders of insured General Obligation and other bonds after Puerto Rico and certain of its agencies failed to pay on Jan. 3.
chat_bubble0 Comment
visibility2699 Views
P.R. manufacturing index drops to 49.1 in November ’16
January 5, 2017
On a non-seasonally adjusted basis (NSA), the Purchasing Managers Index for Puerto Rico’s manufacturing sector edged down to 49.1 in November, suggesting a contraction in the sector with respect to the previous month.
chat_bubble0 Comment
visibility1976 Views
P.R. Econ. Dev. Chief sets off administrative measures
January 4, 2017
Puerto Rico Economic Development and Commerce Department Secretary-designate Manuel Laboy-Rivera said Tuesday given the island’s fiscal crisis, he has already begun implementing the economic measures set forth by Gov. Ricardo Rosselló this week.
chat_bubble0 Comment
visibility1690 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA