Tennessee-based Healthcare Management Systems Inc. is significantly expanding its presence in the Puerto Rico market with the establishment of a new office in San Juan to continue building on its relationship with the University of Puerto Rico Hospital and other medical facilities, company officials said Tuesday.
The Verdanza Hotel in Isla Verde is pitching in with the environment by becoming the first hotel on the island to install an electronic vehicle charging station.
The Private Sector Coalition and representatives of 17 labor unions signed a “historic” Memorandum of Understanding to collaborate with and support federal initiatives that spur socioeconomic development in Puerto Rico.
First Bancorp’s recently completed $525 million capital raise will enable it to be “more aggressive” in resolving its problem loans and putting itself back on the path of profitability, research, trading and investment banking analyst firm B. Riley said Monday.
Metropistas, the consortium of companies that is now running PR-22 and PR-5, will use the public-private partnership agreement established with the government as the model to possibly secure similar deals in the U.S. mainland, company officials said Monday.
Consumers who lack programming skills but want to design an application now have an easy, portable and affordable way to do it through the solutions provided by Puerto Rico developer XPOUS, creator of iGenApps.
Representatives from the U.S. Department of Commerce’s Bureau of Economic Analysis will visit Puerto Rico later this month as part of ongoing efforts to steer the island toward improving methods of collecting and producing high-quality statistics about local economic activity.
Puerto Rico landed itself yet another Guinness world record Sunday, with the certification of the world’s largest cup of coffee, an 11-foot aluminum vessel that held 2,750 gallons of the aromatic beverage and served more than 50,000 people during this weekend’s Puerto Rico Coffee Expo event.
Grupo Guayacán’s 2012 “EnterPRize” business plan competition has selected the top 15 semifinalists, after sifting through a high number of “great ideas and executive summaries received,” the organization announced.
As part of its strategy to share relevant news content with the general community, self-storage company Mini Warehouse Almacenes recently launched the third edition of its MWA digital magazine, dedicated to family entertainment.
Reeling from its sudden loss of accreditation, Caguas-based San Juan Bautista School of Medicine is considering all its options, including going to federal court to fight back against what it considers a "precipitated and unfair" decision by the national accrediting authority for medical education programs in the U.S. and Canada, News is my Business has learned.
First BanCorp, parent company for FirstBank Puerto Rico announced Friday it has completed its previously announced capital raise of $525 million of common stock to institutional investors Thomas H. Lee Partners, L.P. and Oaktree Capital Management, L.P.
Basing the future of Puerto Rico’s economy on an uncontrollable factor, such as an amendment of the U.S. tax code, is not the safest route to take to achieve growth and is not the “silver bullet” the island needs to secure long-term stability, Sergio Marxuach, public policy director of the Center for the New Economy, said Thursday.
Plaza del Caribe Mall in Ponce will wrap up 2011 with four new tenants, including the second CompUSA location on the island, mall executives announced Thursday.
BBVA Puerto Rico announced Thursday it will be pumping more than $1 million to begin remodeling its branches to match them with the banking group’s global corporate identity. The transition, which also calls for changing the appearance of its credit and debit cards, as well as other day-to-day elements, should be finished by the first quarter of next year, company officials said.
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