Puerto Rico credit unions close ’21 with $10.7B in assets and deposits
February 28, 2022
COSSEC confirmed the “solidity and solvency of the credit union system.”
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New Women’s Business Center opens in Gurabo
February 28, 2022
The center at the Ana G. Méndez, Gurabo Campus, serves Puerto Rico’s central-eastern region.
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MCS Foundation, Ana G. Méndez launch Step-Up project
February 28, 2022
The program includes business, social and technological training by the institution’s professors and resources.
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Popular buys fintech assets from Evertec for $197M, extends commercial contracts
February 25, 2022
The transaction is expected to close on or about June 30, 2022.
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Puerto Rico to receive $901M in US DOT highway funding
February 25, 2022
These funds were allocated under the Bipartisan Infrastructure Act.
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FEMA approves $15.4M in funds for 21 Fire Department recovery projects
February 25, 2022
About $10.7 million of the allocation will be distributed in 18 permanent work projects.
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Insurance co.’s, credit union name new Puerto Rico execs
February 25, 2022
This edition of Climbing the Corporate Ladder features new executive appointments at two of Puerto Rico’s main insurance companies and a credit union.
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EPA grants $200K to Puerto Rico to expand understanding of wetlands
February 25, 2022
The USVI is getting $65,000 for the same purpose.
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200+ Lufthansa workers get right to vote in Machinists Union
February 25, 2022
Last year, Lufthansa mechanics and related workers sought IAM representation due to several workplace issues
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CUNA Mutual Group refunds $369,215 to Puerto Rico credit unions
February 25, 2022
Cuna Mutual Group's reimbursements benefited seven credit unions.
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4-mall portfolio, including Plaza Los Prados in Caguas, sells for $80.25M
February 24, 2022
[BREAKING] The portfolio comprises 555,016 of square feet of commercial space.
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Puerto Rico Gaming Commission grants licenses to 3 new casinos in Ponce
February 24, 2022
The endorsements are expected to help lift the casino and entertainment sector, which was affected by the closure of seven gaming venues since 2006.
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CNE: Fiscal Plan structural reforms won’t generate growth Puerto Rico needs
February 24, 2022
The full analysis is contained in the think-tank's monthly publication, the "CNE Review."
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Liberty Puerto Rico reports $376M in 4Q21 revenue, $1.5B for ‘21
February 24, 2022
The company showed solid results one year into the integration of its mobile business.
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Foundation for PR lands $1M SBA grant to support 150 businesses
February 24, 2022
The nonprofit received a $1 million grant through the SBA's Community Navigators Pilot program.
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