Doral Bank closes first ‘Fondo Doral’ loan
September 12, 2012
Viaja Puerto Rico, an online magazine that promotes internal tourism, received a $3,500 micro-loan through the Fondo Doral program that grants financing to nonprofits serving low-income women.
chat_bubble0 Comment
visibility2886 Views
Eagle Hospitality selling Embassy Suites in Isla Verde
September 11, 2012
Eagle Hospitality Properties Trust, which owns 13 premium-branded hotels including the 299-room Embassy Suites San Juan Hotel & Casino in Isla Verde, announced Monday it has reached an agreement with its secured lender that allows it to sell its portfolio and repay its secured debt at a discount.
chat_bubble0 Comment
visibility4614 Views
Puerto Rico broadband adoption remains slow
September 11, 2012
Sixty-five percent of Puerto Rico residents have yet to adopt broadband — whether fixed or mobile — dragging significantly behind the U.S. mainland’s average.
chat_bubble0 Comment
visibility3249 Views
Op-Ed: Tiny and small businesses
September 11, 2012
I believe we’ve wasted our time trying to classify the unclassifiable. At least in this island. The government sector tries to establish margins, limits and a string of definitions on a sector that does not necessarily look like, or identify with, those efforts.
chat_bubble1 Comment
visibility3493 Views
Local farmer to produce, market corned beef
September 11, 2012
Puerto Rican consumers who have refrained from including corned beef in their shopping baskets because of how expensive it has gotten in recent years, may be happy to know that a local farmer and entrepreneur will begin selling a locally produced brand of the favorite island staple.
chat_bubble0 Comment
visibility4642 Views
11 Puerto Rico towns included in Sprint’s 4G LTE network rollout
September 10, 2012
Wireless carrier Sprint announced Monday that the 4G LTE network build is under way in more than 100 additional cities within its existing nationwide 3G footprint. The list includes nearly a dozen Puerto Rico municipalities.
chat_bubble1 Comment
visibility4112 Views
Betteroads sues Venezuelan company for fraud, seeks $13.8M
September 10, 2012
Betteroads Asphalt Corp. and sister subsidiary Betterrecycling have filed a civil suit against Venezuelan company Arenera de Venezuela Compañía Anónima (Arevenca), as well as several of its subsidiaries and its executives, seeking $13.8 million in damages over an aborted transaction the plaintiff claims was fraudulent from the start.
chat_bubble0 Comment
visibility4057 Views
Meineke Car Care Centers debuts in Puerto Rico
September 10, 2012
Meineke Car Care Centers, an automobile repair retailer with more than 900 stores worldwide, has opened its first store in Puerto Rico, where plans call for opening three more over in five years, with an associated investment of some $800,000, News is my Business learned.
chat_bubble1 Comment
visibility5350 Views
$23M in green energy projects financed in Mayagüez region
September 10, 2012
The public and private sectors have pumped more than $23 million into renewable and energy efficiency ventures in the Mayagüez region over the past three years, financing green energy projects for 2,344 homes and retroffiting of efficient lighting and air conditioning systems in area businesses, Energy Affairs Administration Interim Executive Director Juan Carlos Díaz said.
chat_bubble0 Comment
visibility3502 Views
Op-Ed: Providing more access, opportunity to Hispanic-owned small businesses
September 10, 2012
One of the Small Business Administration’s top priorities is to provide access and opportunity to small business owners in traditionally underserved communities.
chat_bubble0 Comment
visibility2619 Views
Banesco USA names new country manager for Puerto Rico operations
September 10, 2012
Maritza Abadía, an experienced Puerto Rican banker, has been appointed country manager for Banesco USA’s Puerto Rico operations, Banesco USA President Rafael Saldaña announced.
chat_bubble0 Comment
visibility4504 Views
Santander launches U-Work internship program
September 7, 2012
As part of its pursuit of creating such professional opportunities, Banco Santander Puerto Rico, through its Santander Universities Global Division, announced Thursday the start of its “U-Work” internship program on the island.
chat_bubble0 Comment
visibility5454 Views
New Microsoft GM: Puerto Rico ‘very relevant’ for company
September 7, 2012
Marco Casarín-Junco, who officially took over the task of steering Microsoft Corp.’s Puerto Rico operations as general manager this week, believes the island’s operations — which include sales, manufacturing and, in November, a store — are key for the corporation and must be fully developed and capitalized upon.
chat_bubble0 Comment
visibility3852 Views
PIA to host healthcare summit
September 7, 2012
The Pharmaceutical Industry Association of Puerto Rico will be holding its “Health System Reform and the Quality of Healthcare” summit Sept. 14 to provide a forum for healthcare industry professionals to share ideas about trends and practices that influence the health outcomes for the local community.
chat_bubble0 Comment
visibility3169 Views
P.R. climbs 4 notches on WEF index, but competitive roadblocks remain
September 6, 2012
Puerto Rico secured a place among the world’s top-third most viable economies this year, locking into the 31st position — up four notches from last year’s 35th ranking — in the World Economic Forum’s Global competitiveness index released Wednesday.
chat_bubble0 Comment
visibility3554 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA