Oriental Financial Group Inc. released third quarter results Wednesday, reporting $14.7 million in profits — representing a 7 percent increase from the preceding quarter and a 5.5 percent drop from the same year-ago, three-month period.
Over the past year, FirstBank has been in pursuit of offering personalized services to its Puerto Rico customer base.
A new phishing survey released by the Anti-Phishing Working Group at their conference being held in Puerto Rico this week revealed that while the uptime of phishing websites dropped during the first half of 2012, cybercriminals were driving substantial increases in the numbers of phishing websites they established to steal from consumers.
Looking to make it easier for citizens to interact with public agencies, government officials announced Wednesday the addition of six new services pr.gov, expanding the 280 already available through the website that has generated more than 10 million transactions since its launch in 2010.
Doral Bank’s “dhogares” institutional program garnered the American Bankers Association affordable housing award during the organization’s annual convention held earlier this month in California.
An analyst for underwriting firm HJ Sims told Bloomberg that maintaining Puerto Rico’s debt at a suitable level for investors will depend on whether the governor who wins the Nov. 6 elections is willing to leave the current fiscal progress intact.
Puerto Rico is the best place in Latin America and the Caribbean to start a business and gain access to credit and is outranked only by Chile in the overall ease of doing business, according to the “Doing Business 2013: Smarter Regulations for Small and Medium-Size Enterprises” report released Tuesday by the IFC and World Bank.
The holiday shopping season is starting early for MasterCard customers, who will be able to get deep discounts on their purchases during one night at Puerto Rico’s biggest mall, Plaza Las Américas.
The Puerto Rico Manufacturers Association’s Tax Affairs and Buyers and Suppliers tems will host a workshop to explain to controlled foreign corporations doing business on the island how to reduce operational costs. The seminar also targets local “critical suppliers,” who will learn how to boost their sales.
The U.S.‐Panama Trade Promotion Agreement, an initiative through which President Barack Obama seeks to increase opportunities for U.S. businesses, farmers, and workers through improved access for their products and services in foreign markets, takes effect Oct. 31.
The U.S. Small Business Administration approved nine International Trade Loans in favor of exporters in Puerto Rico and the U.S. Virgin Islands in Fiscal 2012, totaling $880,000, the agency said Monday.
In 2011, Peter Paul Electric Inc. in Fajardo got a generous offer from the state of Connecticut to consolidate its Puerto Rico operation with that of its parent company’s in New Britain.
A number of automakers will be displaying their new products and innovations during this week’s Puerto Rico International Auto Show taking place at the Plaza las Américas mall in Hato Rey. Ford is one of them with a seven-model exhibit including the redesigned 2013 Fusion.
The Caguas municipal government announced Monday it has struck a partnership with the TweetMyJobs social recruiting platform to connect local businesses with town residents seeking jobs across all industries and all levels, city officials announced.
Under the slogan "We’re all entrepreneurs," 125 young people between the ages of 18 and 22, were sworn-in as members of the Puerto Rico Chamber of Commerce through its College Chapters committee, in an activity held in San Juan that seeks to develop an entrepreneurial attitude for the island’s economic well-being and social development.
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