The Government Development Bank confirmed Thursday that the Puerto Rico Public Buildings Authority completed the refinancing of $588.9 million in bonds through a placement in the exempt market.
Claro Puerto Rico, a unit of América Móvil, announced Thursday the launch of its (Claro)RED initiative that coupled with the (RED) Rush to Zero campaign, seeks to eradicate the AIDS virus by 2015.
Standard & Poor's Ratings Services has revised its outlook for the Puerto Rico government’s general obligation (GO) and appropriation debt ratings to negative from stable.
Puerto Rico’s Internet surfers are spending more time on social networks, a phenomenon that has been fueled somewhat by an increased willingness by employers to allow their staff to access while at work, a survey by the local chapter of the Interactive Advertising Bureau unveiled Wednesday showed.
The St. Regis Bahía Beach Resort in Río Grande announced Wednesday that the beachfront property has earned AAA’s Five Diamond Rating, joining five other hotels that have landed the prestigious accolade in the Caribbean since 2011.
Resident Commissioner Pedro Pierluisi told members of Congress Tuesday Puerto Rico needs to “have the correct policies in place, on both the federal and local level, to enable households and businesses … to access and adopt high-speed Internet and other modern telecommunications services at affordable rates.”
Saying that consumers can protect themselves the best when it comes to warding off identity theft and banking fraud, the Puerto Rico Bankers Association launched Tuesday a permanent educational initiative to teach people how to protect themselves against attacks to their personal finances.
The presidents of five of the world’s largest luxury liquor brands converged in Puerto Rico Tuesday to discuss the tendencies, challenges, and opportunities faced by the industry and its position with respect to today’s consumers and markets.
The town of Arecibo has reached a settlement agreement with the U.S. Environmental Protection Agency to resolve violations of the Clean Water Act and violations of its Small Municipal Separate Storm Sewer System permit, the U.S. Department of Justice and the U.S. Environmental Protection Agency announced Monday.
Net revenue making its way to the Puerto Rico government’s General Fund exceeded $1.2 billion in April, with personal and corporate income tax collections representing 69 percent, or $830 million of the month’s total, agency Secretary Jesús Méndez said Monday.
The Internet Advertising Bureau, Puerto Rico chapter, will unveil the results of the second edition of its Social Networks study, which aims to show the prevailing trends in the use of online networks such as Facebook, Twitter, Skype, LinkedIn, Google, YouTube and others.
Corporate accounting firm Scherrer Hernandez & Co. is looking to “play with the big boys” in Puerto Rico and the Caribbean, becoming part of the world’s fifth largest accountancy group, the prestigious BDO network.
A team of students from San Juan’s Robinson School won this year’s local “The Stock Market Game” competition sponsored by the New York Stock Exchange and organized locally by Oriental Financial Group.
Seven nonprofit organizations will be able to continue their education, rescue and environmental preservation efforts upon being selected to receive a total of $40,000 from Ford Motor Co.’s Conservation and Environmental Grants program, now in its 11th year.
For the fifth consecutive year, Scotiabank has been included in the Great Place to Work Institute's list of “Best Companies to Work For in Central America and the Caribbean,” for its operations in Puerto Rico, Dominican Republic, El Salvador, Panama, Guatemala and Costa Rica.
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