BBVA Puerto Rico revealed its annual results Tuesday, reporting $32 million in net income for the 12-month period ended Dec. 31, 2011, equivalent to a 384.3 percent year-over-year growth.
Indian information technology development and consulting firm LGS Global formally announced Tuesday the establishment of the LGS Solutions Academy in Puerto Rico to train and certify 100 local public and private sector professionals on the key Oracle and SAP software, who upon graduating may be recruited by the multinational firm.
Jumping on the ever-growing mobile banking trend, Scotiabank Puerto Rico this week launched its own “app” for smartphones and tablet computers to gives its more than 400,000 island customers access to their accounts.
The Instituto de Banca y Comercio (IBC) is hosting an Open House event for the general public at all of its campus locations on Feb. 24, with free interactive sessions showcasing IBC students in action in some of the most popular degree and training programs, school officials said Tuesday.
The presidents of the Puerto Rico Interactive Advertising Bureau and the Overseas Press Club added their voices to the growing chorus of criticism against the measure the Mayagüez municipal government approved last week to monitor social media networks to track those expressing disapproval of his administration’s work.
The Ford Dealership Association and the Antique Cars Fair donated $15,000 to Hogar Cuna San Cristobal, representing the proceeds of a raffle of a Ford Fiesta during the event held last weekend.
A society that allocates more resources to the upper echelons at the expense of a middle class perpetuates a centuries-old problem that only leads to a reduction in the demand for goods and services, resulting in a crippled economy.
Designer Shoe Warehouse, best known as DSW Inc., will be opening its first store in Puerto Rico this year, at Plaza Carolina.
"The impact of social networks in the democratic process" is the title of the conference slated for Feb. 25 at the Sacred Heart University in Santurce, when panelists will discuss how social networks will impact the island’s 2012 political campaign and elections. The group will also talk about how the platforms are being used to spread political messages.
Multinational Life Insurance Company CEO Luis Pimentel-Zerbi recently announced that the company will begin to serve Option Health Care policy holders directly, rather than through a third-party administrator.
The Telecommunications Regulatory Board is still in the early stages of developing the regulations necessary to enforce Law 280 that mandates creating a mechanism to register and track customers buying prepaid handsets in Puerto Rico, agency President Sandra Torres said Thursday.
The apparent customer discontent related to AT&T’s decision to throttle speeds for heavy data users signed up to unlimited plan unleashed a stream of phone calls and emails to the Puerto Rico Telecommunications Regulatory Board, which fielded about 120 of them between Wednesday and Thursday, News is my Business learned.
Grupo Triple-S opened recently opened a new service center in Mayagüez that will allow the company to expand operations in the area and offer all products from its health, life and property business lines. The company invested $4 million in the new 8,200 square-foot facility located on PR-114 close to the Mayagüez Mall.
The CTIA-The Wireless Association, which represents the largest wireless carriers in the nation, filed a civil complaint against the government of Puerto Rico asking the U.S. District Court in San Juan to invalidate Law 280 establishing a mandatory registry of prepaid mobile phones in Puerto Rico.
Popular Mortgage wrapped up 2011 with a 7 percent year-over-year growth, closing on 9,773 residential loans worth nearly $1.3 billion, division President Pablo Pérez said Wednesday.
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