Food industry needs to reorganize to avoid collapse
November 10, 2011
Puerto Rico consumers spend $8.5 billion in food annually, an amount that represents 15 percent of their total expenses, making the sector one of the most important components of the local economy.
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Doral reports $30.2M net loss for 3Q
November 10, 2011
Doral Financial Corporation, the holding company of Doral Bank and Doral Bank FSB, reported a net loss of $30.2 million for the quarter ended Sept. 30, compared to a net income of $4.5 million for the prior quarter ended June 30.
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Sluggish Internet adoption rates stunting P.R.’s economic growth
November 10, 2011
Rico’s low broadband penetration and Internet usage levels are holding the island back from achieving true economic growth, industry experts agreed Wednesday, saying that with just 40-out-of-100 people using the Internet, progress is — and will likely remain — stunted.
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