Arecibo aquarium owner pled guilty to felony violations
August 24, 2017
Aristides Sánchez, owner of the Arecibo-based saltwater aquarium business, Wonders of the Reef Aquarium, pleaded guilty to two felony violations of the federal Lacey Act for collecting, purchasing, falsely labeling, and shipping protected marine invertebrate species as part of an effort to subvert Puerto Rican law designed to protect corals and other reef species, the Department of Justice announced.
chat_bubble1 Comment
visibility2236 Views
OBoard opens call for critical infrastructure projects
August 24, 2017
The Financial Oversight and Management Board for Puerto Rico announced Wednesday it will begin accepting proposals for projects that address critical infrastructure needs under Title V of the Puerto Rico Oversight, Management and Economic Stability Act.
chat_bubble0 Comment
visibility3029 Views
Animus innovation summit returns Oct. 6
August 24, 2017
Animus, the innovation summit dedicated to empowering women to reach their highest level of personal and professional development, returns for a third edition on Oct. 6, organizers said Wednesday.
chat_bubble0 Comment
visibility2979 Views
$65M ‘La Casa’ senior housing tower on track in Santurce
August 23, 2017
Despite the protracted economic crisis plaguing Puerto Rico, real estate developer Nicholas Prouty announced Tuesday that construction of his newest project, “La Casa,” a new $65 million senior housing tower next to his $350 million Ciudadela development in Santurce, is “well underway.”
chat_bubble2 Comments
visibility8861 Views
New PR debt dictionary seen as empowering tool
August 22, 2017
Puerto Rico’s astronomical debt crisis is a complex issue made all the more daunting by the often-arcane lexicon employed in the finance world.
chat_bubble0 Comment
visibility1850 Views
Medical cannabis experts: PR industry in growth spurt
August 21, 2017
Puerto Rico’s medical cannabis industry is experiencing a growth spurt in patients, clinics and certified doctors and industry professionals, private sector and government officials confirmed.
chat_bubble0 Comment
visibility3683 Views
30 ‘Pa Mi Gente’ program rolling kiosks up for auction
August 18, 2017
Auction house Centro Casas will be putting up for bid 30 rolling kiosks that were part of the “Pa’ Mi Gente” program launched by former Gov. Luis Fortuño’s administration in 2010, this media outlet confirmed.
chat_bubble0 Comment
visibility2913 Views
Foundation for PR to host ‘Destination Hack’ conference
August 18, 2017
The Foundation for Puerto Rico announced Thursday it will host “Destination Hack” from Sept. 29 to Oct. 1 focused on promoting innovation on the island as a tourist destination and accelerate the growth of the visitor economy.
chat_bubble1 Comment
visibility2581 Views
OBoard issues RFP for independent investigation team
August 17, 2017
The Financial Oversight and Management Board for Puerto Rico issued a request for proposals (“RFP”) from parties interested to be retained as an independent investigation team to probe Puerto Rico’s debt and its connection to the current fiscal crisis.
chat_bubble0 Comment
visibility3005 Views
OBoard asks to hire advisory firm; top fee is $695/hr
August 15, 2017
The Financial Oversight and Management Board for Puerto Rico filed an application at the U.S. District Court to approve the hiring of Phoenix Management Services, LLC as financial advisor for the mediation team appointed in the Title III cases related to the Commonwealth’s bankruptcy proceedings.
chat_bubble0 Comment
visibility1576 Views
Parallel18 signs pair of collaborative agreements
August 10, 2017
San Juan-based startup accelerator Parallel18 announced Wednesday the signing of a pair of collaborative agreements — with the Puerto Rico International Banks Association and the Builders Association to create opportunities for up-and-coming businesses.
chat_bubble0 Comment
visibility2708 Views
Gov’t to host 1st Invest Puerto Rico forum Sept. 20-21
August 9, 2017
Gov. Ricardo Rosselló announced Tuesday, along with Department of Economic Development and Commerce Secretary Manuel A. Laboy, the 1st Invest Puerto Rico Forum, on Sept. 20-21.
chat_bubble0 Comment
visibility3292 Views
OBoard to probe PR debt via independent investigator
August 3, 2017
The Financial Oversight and Management Board for Puerto Rico announced Wednesday its intention to start a “comprehensive investigation of Puerto Rico’s debt and its relationship to the fiscal crisis.”
chat_bubble0 Comment
visibility1658 Views
Green Spirit to open 5 cannabis dispensaries in PR
August 3, 2017
Green Spirit Industries Inc. will be entering Puerto Rico’s medicinal cannabis market with the acquisition of four pre-approved and one pending medical marijuana dispensaries on the island, company CEO Les Ball said in an interview with Dave Gentry of “RedChip Money Report.”
chat_bubble0 Comment
visibility2182 Views
Evertec reports $103.5M in 2Q17 revenue, up 6% YOY
August 2, 2017
Evertec Inc. announced Tuesday results for the second quarter ended June 30, 2017, which put total revenue for the quarter at $103.5 million, an increase of 6 percent compared with $97.7 million in the prior year.
chat_bubble0 Comment
visibility1413 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA