P.R. Football Club kicking off 2nd season with high goals
March 13, 2017
The Puerto Rico Football Club is gearing up to start its second regular season, hosting more local games than last year, as team owners look to boost the visibility and performance of the young member of the North American Soccer League.
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Guayacán Venture Accelerator opens call for 9th edition
March 2, 2017
Grupo Guayacán, Inc. (GGI) announced Wednesday the start of their annual call for applications for the 9th edition of the Guayacán Venture Accelerator (GVA), an entrepreneurial education and development program for established companies seeking new growth opportunities.
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Piloto 151 to open 2nd location in Santurce this summer
March 2, 2017
This summer, Piloto 151, Puerto Rico’s first coworking space, will open a second location in the heart of Santurce with an undisclosed investment from fund RioBlanco Capital Management.
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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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PR GO, COFINA bondholders spar over pending litigation
February 23, 2017
The COFINA Seniors Coalition on Wednesday filed a motion to join litigation already pending in the U.S. District Court in Puerto Rico — Lex Claims, LLC et al. v. Garcia-Padilla et al. — to expose what they called “meritless, self-serving claims brought by a litigious faction” of General Obligation ("GO") bondholders.
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Parknet wins P.R. Global Student Entrepreneur Awards
February 21, 2017
Antonio J. Ramos, founder of Parknet, a technology company focused on controlled entry systems, was selected as winner of the local edition of the Global Student Entrepreneur Awards (GSEA) during a ceremony late last week.
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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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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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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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P.R. to host 1st China investment forum Mar. 1-3
February 8, 2017
Looking to position the island as an “ideal investment destination for China” in the United States and Latin America, Puerto Rico will host the 1st China Investment Forum, Mar. 1-3, Gov. Ricardo Rosselló announced Tuesday.
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P.R.’s migration level at record high in ’15; 89K left to US
February 6, 2017
The Puerto Rico Institute of Statistics on Sunday released data confirming that 89,000 people emigrated from Puerto Rico to the U.S. mainland in 2015, a year when all migratory indicators reached new levels.
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Study questions Medicare Advantage benchmarks for PR
January 31, 2017
Puerto Rico's traditional Medicare population is not representative of the island's much larger Medicare Advantage membership, questioning its use as the foundation for establishing MA benchmarks on the island.
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