CooPACA to open Guaynabo branch; launching online, mobile apps
November 8, 2018
The new location, slated to open later this month, joins CoopACA’s existing 13 branches.
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Espacios Abiertos sues P.R. gov’t for information on tax incentives
November 7, 2018
Nonprofit organization Espacios Abiertos asked the San Juan Superior Court to enforce Puerto Rico’s constitutional right to access to information.
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Gov’t, retailers join forces for ‘safe’ Black Friday, Christmas sales
November 7, 2018
The Retail Trade Association and the Puerto Rico Chamber of Commerce, together with the Department of Consumer Affairs, have joined forces.
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New owners of Sagrado Corazón Urban Train station parking lot plan to reopen it
November 6, 2018
The lot has been closed to the public for several months, as the property was sold through a competitive bidding process.
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Casino Metro to mark 9th anniversary with $1.6M expansion
November 5, 2018
The expansion is already underway and should be ready by January 2019.
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Newly created company identified as buyer of former Sagrado parking lot
November 2, 2018
Santurce Ambulatory Surgical Center Holding, LLC has its office in Old San Juan, according to Puerto Rico State Department records.
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Former Sagrado Corazón Urban Train station parking lot sold for $3.3M
November 1, 2018
The lot known as Parcel B, Santurce Sur Ward was listed for $6.5 million but was sold for $3.3 million.
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Analyst: COFINA deal may usher in P.R.’s ‘next default’
October 31, 2018
If the prediction of zero economic growth by 2023 holds true, the deal with COFINA creditors will lead to a new default for Puerto Rico.
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The Mall of San Juan sees 30% sales growth year-to-date
October 31, 2018
The mall operators also said foot traffic to the center is up 20 percent year-over-year.
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Evertec Inc. reports $112M in revenue for 3Q18, 9% year-over-year growth
October 31, 2018
The most recent results “exceeded our expectations,” company President Mac Schuessler said during a call with analysts.
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Illinois-based gasoline retailer Clark opening stations in P.R.
October 30, 2018
The process has begun with the first re-branded stations already operating in Bayamón and Aguada.
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Discover Puerto Rico will promote small inns; Tourism Co. to host ‘Voy Turisteando’ fair
October 26, 2018
The “paradores” are known for hospitality and affordable rates.
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Oriental’s 3Q18 results buoyed by rebuilding, investment activity in P.R.
October 22, 2018
A rebound by Puerto Rico’s individual and business consumers is fueling growth at Oriental, which reported net income available to shareholders of $19.6 million or $0.42 per fully diluted share during the third quarter of this year.
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P.R. business sector vital for T-Mobile’s growth post-María
October 19, 2018
The segment — comprising all types of companies, but especially small and medium enterprises — has delivered a 19 percent month-over-month growth for the carrier since August.
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Bankruptcies filed in P.R. soar in September, with 160% more cases on record
October 9, 2018
The report showed increased activity in three of the four categories, with a marked jump in Chapter 11 cases.
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