The Puerto Rico Office of the Inspector General and the Puerto Rican Industry Investment Board signed an agreement Tuesday establishing a specialized unit to monitor the government’s purchasing process and ensure that priority is given to locally made products.
Michael McDonald, a veteran local banker, has been appointed executive vice president and director of the business group in charge of the strategic direction and oversight of corporate banking for FirstBank Securities and FirstBank Insurance Agency.
The Puerto Rico Industrial Development Company announced Tuesday it has earmarked $10 million to create an incentive program for solar energy projects designed to lower energy costs for manufacturing companies leasing the agency’s buildings.
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