$45.5M Cronos Office Center to be developed in Hato Rey
July 9, 2018
The demolition of the former Conservatory of Music in Hato Rey has begun, paving the way for what will be the $45.5 million Cronos Office Center, a multi-tower, multi-level commercial complex, government officials confirmed.
chat_bubble0 Comment
visibility1740 Views
Popular gets regulatory clearance to buy Wells Fargo’s auto finance business in P.R.
July 6, 2018
Nearly five months after announcing its intention to buy Wells Fargo’s auto lending business in Puerto Rico — which does business as Reliable Auto — Popular Inc. confirmed it has completed the regulatory clearance process needed to close the deal.
chat_bubble0 Comment
visibility1371 Views
U.S. Department of Commerce invests $1.6M to support business growth in P.R.
July 6, 2018
U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the Puerto Rico Trade and Export Company.
chat_bubble0 Comment
visibility1845 Views
Packers Provision launches new division — Packers Fresh Solutions
July 3, 2018
With the goal of continuing to provide solutions in service and variety of products, Packers Provision has expanded operations to incorporate a new fresh produce division, Packers Fresh Solutions.
chat_bubble0 Comment
visibility1820 Views
KraftHeinz awards Colomer & Suárez ‘Top Distributor of the Year’
June 28, 2018
KraftHeinz has awarded Puerto Rican consumer products distribution company Colomer & Suárez, its “Top Distributor of the Year” recognition in the Latin American region. KraftHeinz also recognized two Colomer & Suárez processes that have contributed to the success of their brands in Puerto Rico: “Implementation Award,” for their effective media strategy (documentation, internal communication, etc.); […]
chat_bubble0 Comment
visibility1717 Views
PetSmart re-opens 2 stores in P.R. closed after Hurricane María
June 28, 2018
PetSmart announced the re-opening of its Caguas and Carolina stores, two locations that were greatly impacted when Hurricane María struck last September. Both stores suffered significant structural damage that required nearly eight months to repair, the retailer said. “It has been a long road to recovery, not only for PetSmart, but for the entire island,” […]
chat_bubble0 Comment
visibility1474 Views
Evertec gets nod for support to P.R. businesses after Hurricane María
June 28, 2018
The Puerto Rico Chamber of Commerce (CofC) bestowed its President’s Special Award to Evertec Inc. for the “outstanding and timely support offered to the business sector after Hurricane María.” The recognition was awarded during the CofC’s gala dinner, which included a special certificate by Puerto Rico Resident Commissioner Jennifer Gonzalez, for Evertec’s work. “We at […]
chat_bubble0 Comment
visibility1313 Views
Financial services company focuses on retaining local talent
June 27, 2018
Trust MD Corp., a Puerto Rican company specialized on advising on financial services, recently launched an educational division focused on retaining local talent. The company seeks graduate students to provide employment alternatives on the island, company executives said. Trust MD identified an opportunity for finance, economics, law and accounting students to stay on the island […]
chat_bubble0 Comment
visibility1281 Views
Liberty launches smart protect multi-device protection plan
June 26, 2018
Liberty Puerto Rico launched Smart Protect, a multi-device protection plan that covers a wide array of electronic gadgets against accidental damage, mechanical breakdowns and damages due to voltage fluctuations.
chat_bubble0 Comment
visibility2276 Views
P.R. Community Foundation donates $100K+ to 5 nonprofits
June 25, 2018
The Puerto Rico Community Foundation provided donations to five nonprofit organizations that promote the well-being of children and families on the island.
chat_bubble0 Comment
visibility1908 Views
Skift, Foundation for P.R. partner for recovery efforts at Punta Santiago
June 25, 2018
As part of the “Bottom Up Destination Recovery Initiative,” 40 Skift employees, including its CEO Rafat Ali, joined forces with Foundation for Puerto Rico in a reforestation effort at Punta Santiago in Humacao.
chat_bubble0 Comment
visibility1331 Views
Parallel 18 to host ‘El Boricua se las Inventa,’ 5th Demo Day
June 22, 2018
Start-up generator Parallel 18 will host its 5th Demo Day, under the slogan “El Boricua se las Inventa,” on June 26 at the Puerto Rico Convention Center in San Juan, when participants will showcase their ideas.
chat_bubble0 Comment
visibility1770 Views
MCS Foundation joins forces with Pathstone to rebuild P.R.
June 21, 2018
MCS Foundation has taken an active role in the reconstruction of Puerto Rico by joining forces with PathStone.
chat_bubble0 Comment
visibility1672 Views
Air Century inaugurates new routes to the Caribbean
June 21, 2018
Dominican airline Air Century opened its operations to new Caribbean destinations Aruba, Curaçao and St. Maarten, with flight Y2-161, departing from Santo Domingo to Princess Juliana Airport in St. Maarten.
chat_bubble0 Comment
visibility2220 Views
P.R. Dept. of Agriculture, Starbucks Foundation to import coffee beans
June 20, 2018
Puerto Rico Agriculture Secretary Carlos Flores Ortega confirmed that during a recent meeting with representatives of the Starbucks Foundation, an agenda and timetable were set to soon begin importing coffee beans to the island.
chat_bubble1 Comment
visibility1838 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA