Puerto Rico’s banking sector began seeing black this year, as the institutions began to slowly turn their finances around. A consolidation took place between Oriental and BBVA, while Doral struggled to remain above water.
If there was one issue on most people’s minds this year was the state of Puerto Rico’s economy. Experts from all walks of life seemed to weigh in on the subject, concurring on a tough situation that has been slow to show signs of improvement.
Christmas is a special time when many of us reflect on how thankful we are for what we have and are inspired to do something for those who are less fortunate. Whether it be through monetary donations, gifts, food, or music, we want to bring them joy and a little comfort during the holidays.
Salinas is the town with the highest level of preschool or nursery school enrollment, while Dorado has Puerto Rico’s highest level of residents holding at least a bachelor’s degree, according to the recent American Community Survey released Thursday by the U.S. Census Bureau.
CitaMed.net, a start-up company that offers a fully automated medical appointment confirmation service for doctors appointments and other healthcare-related visits walked away as this year’s winner of the eighth annual edition of the “EnterPRize” business plan competition, sponsored by Grupo Guayacán.
The backlash generated in response to recent comments made by puppeteer Antulio “Kobo” Santarrosa through his television show “SuperXclusivo” and female alter-ego “La Comay” about a gruesome murder that took place over the weekend could take a significant bite out of WAPA TV’s (Ch. 4) advertising revenue, as a handful of its major corporate sponsors pulled their ads from the prime-time slot Wednesday.
U.S. foundations awarded 263 grants totaling $10.5 million between 2007 and 2009 to recipient organizations in Puerto Rico. But despite the island’s higher poverty rate, stateside foundations gave proportionally less to the territory compared to some states with a similar number of Latinos, according to the “Foundation Funding for Hispanics/Latinos in the U.S. and for Latin America,” study conducted by Hispanics in Philanthropy.
The municipality of Caguas has been included in 10 cities to host “Play Streets,” an initiative that calls for closing roads to traffic and opened to the community to encourage physical activity. The event will be held in Puerto Rico in partnership with Triple-S Salud.
Sylvia M. López-Cartagena, an 18-year veteran at Banco Popular, has taken over the helm of its Popular Auto subsidiary, becoming the first woman to head the car loan operation since its establishment in 1990.
Two major local industries, rum and beer, will come together under one roof for the upcoming Rum & Beer Fest Nov. 17-18 at the Puerto Rico Convention Center.
Now that the dust has settled on one of Puerto Rico’s most contentious political campaigns and elections, the island’s private sector is hopeful that government officials, especially Governor-elect Alejandro García-Padilla, will set aside partisan bickering to work together to re-energize and move the economy forward.
The results of today’s elections will play a big role in the Puerto Rico School of Engineers and Land Surveyors’ plans and strategies for the coming year, not only in benefit of the organization’s 11,500 members, but for Puerto Rico in general.
In the months leading up to the Nov. 6 elections, when Puerto Rico residents will decide this year’s heated race, Google searches on all matters related to the democratic process have been increasing by as much as 30 percent per week.
Enlace Empresarial and the U.S. Department of Commerce signed a collaboration agreement Monday to work together to raise awareness of existing export opportunities among members of the business community in the United States and Puerto Rico, especially among small and mid-sized operations.
An analyst for underwriting firm HJ Sims told Bloomberg that maintaining Puerto Rico’s debt at a suitable level for investors will depend on whether the governor who wins the Nov. 6 elections is willing to leave the current fiscal progress intact.
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