Appointments in insurance, education, tourism
February 27, 2017
This edition of Corporate Ladder includes appointments to top executive positions in Puerto Rico, in the areas of insurance, education and tourism.
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Sprint, Open Mobile announce joint venture in PR/USVI
February 24, 2017
Sprint and Open Mobile officially confirmed an agreement to combine their businesses in Puerto Rico, together with Sprint’s business in the U.S. Virgin Islands, into a new joint venture.
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Sotheby’s Int’l Realty expands presence in PR, DR
February 24, 2017
Sotheby’s International Realty is growing in the Caribbean with the establishment of a new office in Puerto Rico and the signing of a new partner in the Dominican Republic, the luxury real estate firm announced this week.
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New P3s association looks to boost P.R. infrastructure
February 24, 2017
The Public-Private Partnerships Association, a newly created organism that seeks to incentivize collaboration between the government and private sector on infrastructure projects, was formally unveiled Thursday.
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Gov’t agencies, towns have until Mar. 31 to propose P3s
February 22, 2017
The Public-Private Partnership Authority issued a reminder Tuesday to central government agencies and Puerto Rico mayors of the Mar. 31 deadline to submit their proposals for potential Public Private Partnerships for evaluation.
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Liberty Puerto Rico reports Y-O-Y revenue growth in ’16
February 17, 2017
Despite continued macroeconomic uncertainty and climbing population migration numbers, Liberty Puerto Rico reported positive revenue growth of 1.1 percent, year-over-year in 2016.
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Execs gather to promote ‘responsible investment’ in P.R.
February 16, 2017
Investing in Puerto Rico has become one of those polarizing topics that generate much controversy and distrust.
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Ankura Consulting opens Puerto Rico advisory office
February 15, 2017
Ankura Consulting Group announced Tuesday the opening of its 11th business advisory and expert services consultancy office, located in San Juan.
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P.R. Coffee Roasters to sell coffee brands on Amazon
February 15, 2017
Puerto Rico Coffee Roasters announced Tuesday it has reached an agreement to sell its flagship coffee brands — Café Yaucono, Café Rico and Café Crema — through the Amazon platform.
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Moody’s: Pension bonds face imminent payment default
February 14, 2017
In the coming months, the Commonwealth of Puerto Rico will default on bonds issued by its Employees Retirement System following the steady depletion of the bonds' debt service reserves, Moody’s predicted.
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Atlas Asset Management launches new investment option
February 14, 2017
Atlas Asset Management recently launched an investment fun to give Puerto Rico residents the option to divest their savings in an instrument that is not tied to government debt.
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Guayacán, Builders Assoc. open call for grant program
February 14, 2017
The Puerto Rico Builders Association and Grupo Guayacán Inc. recently opened a call for its new grants program, to be managed by the Puerto Rico Community Foundation.
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Toyota de PR to pursue ‘slow and steady growth’ in ’17
February 13, 2017
Following its mantra of “slow and steady growth,” Toyota de Puerto Rico is rolling into 2017 with the goal of maintaining its local market share, currently 32.2 percent, while ramping up efforts to offer the best products and service.
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Meet PR locks down 3 events worth $23.4M for economy
February 9, 2017
Meet Puerto Rico, the organization in charge of promoting the island in the groups and conventions market, has locked down three major conventions this year, which should “contribute to reversing the downward trend” the sector experienced in 2016.
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Rosselló presents bill to streamline P.R. permits process
February 8, 2017
Gov. Ricardo Rosselló unveiled Tuesday a bill to streamline and integrate the Puerto Rico’s permitting process, which has received the private sector’s backing and should facilitate the opening of new businesses.
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