$700K outpatient clinic to open in Cayey, create 60 jobs
October 25, 2016
Healthcare Ambulatory Services recently announced the Nov. 1 opening of its third location in Puerto Rico, in Cayey, where it invested $700,000 in a modern facility offering specialized medical services.
chat_bubble0 Comment
visibility3303 Views
Oriental CEO ‘pleased’ PROMESA Board is active
October 24, 2016
Oriental Bancorp reported $11.7 million in net income for the third quarter of 2016 ended Sept. 30.
chat_bubble0 Comment
visibility1913 Views
Treasury Secretary leaves several projects pending
October 21, 2016
With a little more than two months left to this administration’s four-year term, Treasury Secretary Juan Zaragoza said there are projects he would have liked to have seen through, including a reclassification of agency employees to improve their salaries.
chat_bubble0 Comment
visibility2831 Views
Zaragoza: Oversight Board needs to defend Law 154
October 21, 2016
The government of Puerto Rico is counting on the Financial Oversight and Management Board for Puerto Rico to fight for the permanence of Law 154, passed in October 2010 as an amendment to Puerto Rico’s Internal Revenue Code that places an excise tax on sales generated by local subsidiaries to their international parent companies.
chat_bubble0 Comment
visibility1960 Views
Oriental marks 52nd anniversary with 52-week challenge
October 21, 2016
Oriental Bank unveiled Thursday its “Oriental 52 Challenge,” a 52-week initiative to mark its anniversary, through which it invites the public to take part in different activities that contribute to their welfare, their family and community.
chat_bubble0 Comment
visibility2206 Views
Auto dealerships: P.R. used car sales up in last decade
October 20, 2016
The Puerto Rico Association of Automobile Distributors and Dealers released the findings of a study Wednesday that reflected, among other data, that used car sales has been on the rise in the past decade, outpacing new vehicle movement.
chat_bubble0 Comment
visibility3237 Views
Zaragoza to ask Board to put Treasury in receivership
October 19, 2016
Treasury Secretary Juan Zaragoza will ask the Financial Oversight and Management Board for Puerto Rico to place the agency he heads under receivership, to prevent anyone — including himself — from signing off on significant material transactions that could affect the government’s coffers.
chat_bubble0 Comment
visibility2536 Views
PRASA looks to staff, service PRASA Revitalization Corp.
October 19, 2016
The Puerto Rico Aqueduct and Sewer Authority’s (PRASA) board of directors on Tuesday authorized the creation of a Memorandum of Understanding to provide staff and services to the PRASA Revitalization Corp., formed recently to provide external financing to the cash-strapped water utility.
chat_bubble0 Comment
visibility2473 Views
Ponce’s San Lucas Hospital pumps $2.5M into facility
October 19, 2016
The Episcopal San Lucas Hospital in Ponce unveiled Tuesday a $2.5 million investment in its facilities, where it added a new Fetal Medicine Center, an Intermediate Emergency Room Unit, as well as new nuclear equipment.
chat_bubble0 Comment
visibility2776 Views
Famous Dave’s sponsors Santa Isabel college students
October 18, 2016
BBQ restaurant Famous Dave’s recently awarded 10 grants to as many students of the IEN Business School in Santa Isabel, to mark the opening of its fourth location in Puerto Rico.
chat_bubble0 Comment
visibility2585 Views
Institute of Culture commits to full financial disclosure
October 17, 2016
The Puerto Rico Institute of Culture recently joined the Financial Transparency System with the goal of offering citizens a total breakdown of its investment in resources and operating expenses, beginning in Fiscal 2015.
chat_bubble0 Comment
visibility1676 Views
Airport operators complete successful emergency drill
October 17, 2016
Aerostar Airport Holdings, LLC conducted its Full-Scale Emergency exercise at the Luis Muñoz Marín International Airport successfully with an average response time in line with the protocols of federal regulatory agencies, executives said.
chat_bubble0 Comment
visibility2286 Views
Claro pumps $370M into network upgrades, expansion
October 13, 2016
Telecommunications carrier Claro is investing $370 million to modernize its network and expand its fiber optic infrastructure to deliver higher speeds to fixed and mobile customers, company President Enrique Ortiz de Montellano announced Wednesday.
chat_bubble0 Comment
visibility2322 Views
Toyota de P.R. unveils Corolla 50th anniversary edition
October 12, 2016
Touting it as the “automobile industry’s highest-selling vehicle,” Toyota de Puerto Rico officials on Tuesday unveiled the 50th anniversary edition of its popular Corolla model, which showcases a refreshed look and new features.
chat_bubble0 Comment
visibility2833 Views
P.R. entrepreneurs present econ. development proposals
October 12, 2016
Empresarios por Puerto Rico, a multi-sectoral organization that groups local-capital companies, presented specific economic development proposals to the Congressional Task Force on Economic Growth in Puerto Rico aimed to incentivize the island’s fiscal panorama.
chat_bubble0 Comment
visibility2772 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA