The Puerto Rico Electric Power Authority announced Thursday that discussions with its creditors have resulted in agreements that provide the agency with a “consensual path forward to improve its operations and financial situation.”
The Puerto Rico Industrial Development Company and the Site Selectors Guild announced Tuesday that Puerto Rico has been selected as the host city of the 2015 Site Selectors Guild Annual Conference.
Puerto Rico was selected to host 49 events including, conferences, annual meetings and sports activities for this fall season, representing an estimated 25,509 room nights and a total direct spending of $14.3 million into the local economy, Milton Segarra, president of Meet Puerto Rico, said Tuesday.
Popular Inc. announced Monday that Popular Community Bank, its U.S. banking subsidiary, completed the previously announced sale of its Illinois regional operations to First Midwest Bank, the wholly owned subsidiary of First Midwest Bancorp Inc.
Engineer Edgar I. Rodríguez-Pérez was reelected as president of the College of Engineers and Surveyors of Puerto Rico, during the trade group’s recently concluded annual convention.
Puerto Rico House of Representatives Speaker Jaime R. Perello-Borrás, met with Small Business Administration Chief Maria Contreras-Sweet, to present the profile of the island’s small and mid-sized businesses and find better alternatives for the development and retention of this sector that is key to strengthening the island’s economy.
The Puerto Rico Treasury Department reported Thursday preliminary revenue for July 2014, the first month of the current fiscal year, reached $624 million, up $129 million, or 26 percent, from the total on record for the same month last year.
Ford announced Thursday the 13th edition of the Conservation and Environmental Grants, the annual program through which the automaker supports individuals and nonprofit organizations in projects that promote environmental conservation in Puerto Rico.
The U.S. Department of Labor today announced the award of more than $73.6 million in YouthBuild grants to support academic and occupational skills training for at-risk youth.
As part of an initiative to promote the development of small businesses among low-income families, the Economic Development Bank for Puerto Rico and the Family Department's Socio-Economic Development Administration, known as ADSEF, have joined forces help those participating in the islandwide Economic and Social Rehabilitation program.
Puerto Rican company Nagnoi, LLC was recognized by multinational corporation Microsoft during its Annual World Partner Conference held in Washington, D.C. last month.
The U.S. Small Business Administration has received more than 800 applications from accelerators and incubators hoping to win one of 50 cash prizes of $50,000 each in the SBA’s first Growth Accelerator Fund competition.
The Puerto Rico Professional College of Engineers and Surveyors will present a conference on the rescue of the Costa Concordia cruise ship, offered by the collapsed ship’s salvage master, Captain Nick Sloane, who was responsible for directing the work of refloating the vessel that ran aground off the coast of Italy.
Meet Puerto Rico, the organization in charge of bringing groups and conventions to Puerto Rico, announced the creation of its new Customer Advisory Board, comprising 11 professionals representing a diverse mix of companies — from associations, corporations and third party planners.
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