Puerto Rico’s Economic Activity Index showed a decrease of 0.8 percent year-over-year in June, but a 1 percent increase when compared to May 2018, Economic Development Bank for Puerto Rico confirmed.
The government of Puerto Rico is ending its practice of diverting fees earmarked to fund 9-1-1 emergency service to cover other expenses.
Puerto Rico Gov. Ricardo Rosselló announced the second phase of “Abriendo Caminos,” a program to repair and maintain island roads, with an investment of more than $100 million in state and federal funds.
Looking to be well prepared for an emergency and have sufficient lodging available to help the community face disasters, the Puerto Rico Tourism Co. has partnered with Airbnb and International Rescue Group.
Grupo Guayacán Inc. (GGI) announced the start of the finalists’ phase of the 2018 EnterPRize Competition.
Hurricane María dealt a severe blow to the Outlet 66 Mall, which owners took to make a new start with a $62 million renovation to turn the Canóvanas shopping center into what they are calling a “retailtainment” destination.
Triple-S Management Corporation announced its second quarter 2018 results, that included a net loss of $38.7 million, or $1.68 loss per diluted share, versus net income of $12.7 million, or $0.52 per diluted share in the prior-year period.
Javier Rúa-Jovet, the former chairman of Puerto Rico’s Telecommunications Regulatory Board, and currently a private attorney in the renewable energy and ICT fields, was ratified for a second term by the ICANN.
The U.S Minority Chamber of Commerce announced open registration for its national conference, the 2nd Puerto Rico Reconstruction Summit 2018, "Planning Today for Rebuilding Tomorrow."
The Leona M. and Harry B. Helmsley Charitable Trust announced $1.3 million in new funding to The Solar Foundation and Direct Relief to ensure continuous access to healthcare for communities in Puerto Rico devastated by Hurricane María.
Martin Bienenstock sits in the audience, looking at his tablet. As the twelfth public meeting of Puerto Rico’s Fiscal Control Board takes place, he raises his eyes, adjusts his glasses, frowns and pays attention to the discussion.
The Federal Emergency Management Agency awarded more than $93 million in additional public assistance grants for emergency protective measures, debris removal and management costs related to Hurricane María recovery on the island.
Some six months after announcing its intentions, Popular Auto has completed the acquisition of certain assets and the assumption of certain liabilities related to Wells Fargo & Company’s auto finance business in Puerto Rico — Reliable Auto.
The Mall of San Juan has continued its strong post hurricane recovery, with an 86 percent occupancy rate, and new tenants to reopen in the fall, Robert Taubman, CEO of Taubman Centers Inc. said during a quarterly earnings call with analysts.
Evertec Inc. reported $113.3 million in total revenue for the second quarter ended June 30, representing a 10 percent increase compared with $103.5 million in the prior year.
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