Ryan chief joins board of P.R. Captive Insurance Assoc.
March 29, 2016
Ryan, a global tax services firm, announced that Kenneth D. Kotch, Principal and Captive Insurance Practice Leader, has accepted a Board nomination to become a charter member of the Puerto Rico Captive Insurance Association.
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EVERTEC fails to file annual report, gets NYSE notice
March 24, 2016
EVERTEC Inc. announced Wednesday that as a result of its failure to timely file its annual report for fiscal year ended Dec. 31, 2015, it has been warned by the New York Stock Exchange that it is not in compliance with listing requirements.
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FirstBank-backed student passes Codetrotters Academy
March 24, 2016
As part of FirstBank’s goal to help people with limited resources to learn about and specialize in computer science, it collaborated with Codetrotters Academy to award a scholarship to program student Gabriel Rivera.
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Op-Ed: Customs offers travel tips for Easter holiday
March 21, 2016
More than 5 million individuals are processed by U.S. Customs and Border Protection officers in a year arriving from international destinations at all ports of entry in Puerto Rico and the U.S. Virgin Islands.
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Blue Martini San Juan set to open at Paseo Caribe
March 21, 2016
The much anticipated Blue Martini San Juan, the newest addition to the upscale lounge chain, is set to open its doors at the oceanfront Paseo Caribe development Mar. 25, following a $3 million investment.
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Quest Diagnostics opens new clinical lab in Guaynabo
March 21, 2016
Quest Diagnostics, a provider of diagnostic information services, announced its expansion in Puerto Rico with the opening of a new 2,500 square-foot clinical laboratory in Maramar Plaza Guaynabo.
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LMM Airport officials unveil new $55M Terminal C
March 18, 2016
Luis Muñoz Marín International Airport executives and government officials inaugurated Thursday the recently renovated, 87,000 square-foot, $55 million renovation of Terminal C.
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AGP lobbies Congress to act on P.R. fiscal crisis
March 18, 2016
Two weeks ahead of U.S. House Speaker Paul Ryan’s March 31st deadline to craft a responsible solution for Puerto Rico’s fiscal and economic crisis, Gov. Alejandro García Padilla held daylong meetings Thursday on Capitol Hill with Congressional leaders to urge "swift action" in enacting the necessary legislation to address the island’s crisis.
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Op-Ed: Painted into a corner
March 18, 2016
So, here we find ourselves. A mere eight months away from the general elections, with a cast of characters in the local ballot (at least the ones with chances of winning) that offer absolutely no chance of a solution to our insurmountable problems.
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FirstBank, Habitat beautify Santurce housing project
March 18, 2016
“Rayo de Luz” (Ray of Light) is the name of the mosaic mural that five low-income families in need of their own home in Santurce created together with a group of volunteers from FirstBank and FirstMortgage.
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Mid-sized SUV Mercedes-Benz GLC Class arrives to P.R.
March 18, 2016
The new Mercedes-Benz GLC has arrived to the Puerto Rico mid-sized SUV market, featuring the latest assistance systems and energy efficiency.
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Treasury: Feb. revenue at $767.5M, below estimates
March 17, 2016
Puerto Rico’s General Fund revenue collections totaled $767.5 million in February, reflecting a $58.2 million increase compared to February 2015, and $34.1 million above revised estimates.
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Compulsory policies drive Seguros Múltiples’s business
March 17, 2016
In the eight months after entering the island’s compulsory auto insurance market, Cooperativa de Seguros Múltiples has signed up 200,000 clients, exceeding its target of achieving a 15 percent market share, company officials said Wednesday.
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SuperMax opens $2.7M store in Las Catalinas, Caguas
March 17, 2016
SuperMax is keeping its commitment to Puerto Rico’s economic development with the opening of its new store in Caguas, which is the supermarket’s 16th location and the first in that town, company executives confirmed Wednesday
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PREPA extends contract with AlixPartners for $9.1M
March 16, 2016
The Puerto Rico Electric Power Authority announced Tuesday it has extended its contract with AlixPartners through Aug. 15, 2016, as the utility seeks to implement its ongoing comprehensive financial restructuring and operational transformation.
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