Oriental Financial Group reported Monday earnings of $20.3 million for the first quarter of the year, representing $0.42 per share diluted, compared to $16.6 million, or $0.35 per share diluted, in the preceding quarter, and $17.7 million, or $0.37 per share, in the first quarter of 2013.
The Federal Home Loan Bank of New York released Monday its unaudited financial highlights for the quarter ended Mar. 31, disclosing, among other details, net income for the quarter of $75.4 million.
Puerto Rico Lands Authority Executive Director Luis Rivero-Cubano recently told members of the Associated General Contractors that there are plenty of business opportunities for the sector to develop residential, tourism and commercial properties throughout the island.
As part of Mentor Month, the Puerto Rico office of the U.S. Small Business Administration and AARP Puerto Rico will conduct their fourth Mentor Day event today.
Meet Puerto Rico successfully launched, in Brazil, the new “Escape the Meeting Blah!” promotion at "World Travel Market Latin America," the main Latin American travel industry show, held annually in Sao Paulo, Brazil.
The Board of the Puerto Rico of Information Technology Cluster (PRITC), an organization dedicated to making Puerto Rico a global leader in the IT industry, recently unveiled its strategic plan and announced the actions it is taking to carry out its mission.
In early April, the government of Puerto Rico disclosed the hiring of a New York law firm that has handled more than 30 sovereign debt restructurings, including those of Greece, Argentina, Iraq and Russia.
Puerto Rico will celebrate its third annual Puerto Rico Restaurant Week — a culinary event that gives diners the opportunity to sample the best restaurants on the island at special prices — from May 14-20, said Gustavo Antonetti, president of Kinori Group, the company that produces the event.
First BanCorp., the bank holding company for FirstBank Puerto Rico, reported Thursday net income of $17.1 million for the first quarter of 2014, or $0.08 per diluted share, compared to $14.8 million, or $0.07 per diluted share, for the fourth quarter of 2013 and a net loss of $72.6 million, or $0.35 per diluted share, for the first quarter of 2013.
Sam’s Club Regional General Manager, Carmen Kingston, announced Thursday the beginning of a program to export products made in Puerto Rico to its clubs in Florida, as part of an initiative focused on strengthening local industry and job creation.
The Puerto Rico Senate passed legislation Thursday that exempts electric-powered vehicles from excise taxes as established by Senate Bill 884, which proposes the "Act for the Promotion of Vehicles Powered Mostly by Electricity.”
The U.S. Environmental Protection Agency on Wednesday honored eight individuals and organizations from across Puerto Rico with “Environmental Quality Awards” for their achievements in protecting public health and the environment.
The SBA announced today that for the third year, states will be able to apply for grants from the U.S. Small Business Administration starting this week to support efforts to increase exporting by small businesses.
Sapientis, a nonprofit organization dedicated to promoting educational leadership in public schools, is carrying out its annual fundraising campaign in alliance with Caribbean Cinemas, through May 14th.
The USDA-Farm Service Agency announced Monday that the sign-up period for the Livestock Forage Disaster Program has begun, which provides compensation to eligible livestock producers that have suffered grazing losses due to drought or fire in Puerto Rico.
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