Oriental Bank announced Thursday it has granted a $4.9 million to Grupo Quiñones to build a Selectos supermarket, which is already under construction.
Molinos de Puerto Rico, the Caribbean arm of Ardent Mills, the flour-milling and ingredient company, will host the XXXIV Annual Meeting of the Latin American Industrial Millers Association (ALIM) Nov. 13-16.
Seeking to increase financial knowledge and responsibility within low-income groups or communities through nonprofit organizations, FirstBank has partnered with the American Red Cross, United Way, and One Stop Career to create the Financial Education Program.
Puerto Rico Gov. Alejandro García-Padilla announced Wednesday his choice to fill the position of Revitalization Coordinator, picking Aaron Bielenberg from the three candidates proposed by the Financial Oversight and Management Board.
Colmena66, a new specialized network that offers entrepreneurs, merchants and organizations tools and referral services, free of charge, was unveiled Wednesday to help participants start and grow their businesses in Puerto Rico.
Puerto Rico based accelerator, Parallel18, announced Wednesday its third global open call for startups with the vision of expanding their businesses in the United States and Latin America.
As a preamble to San Patricio Plaza shopping center’s plans and new projects for 2017, the mall announced the arrival and remodeling of six stores and establishments.
The professional track record of the nominees named by the Financial Oversight and Management Board for Puerto Rico for the position of “Revitalization Coordinator,” Riz Shah, could present a conflict of interest were he to be appointed, a report by the Center for Investigative Journalism revealed Monday.
The Puerto Rico Commission for the Comprehensive Audit of the Public Credit sent a letter Monday to the Financial Oversight and Management Board for Puerto Rico outlining its work so far, including two preliminary audits that it hopes the federally appointed body will review.
The Federal Reserve Bank of New York will release findings of the “Puerto Rico Small Business Survey,” a pilot study that focuses on the business performance, financing needs and borrowing experiences of firms across the island.
A study released by the Puerto Rico Statistics Institute showed that Research & Development investments during Fiscal 2015 were $443.3 million, or to 0.43 percent of the island’s GDP. This represents a slight 1.3 percent drop compared to Fiscal 2013.
Puerto Rico’s internet adoption rate continues increasing, reaching 81.6 percent during the first quarter of 2016, Telecommunications Regulatory Board President Javier Rúa-Jovet said, citing statistics published by Akamai Technologies.
The U. S. Small Business Administration Puerto Rico and U.S. Virgin Islands district office recently graduated 17 companies from the second “Emerging Leaders” training series delivered in Puerto Rico.
The U.S. Department of Agriculture has granted nearly $1.6 million to eight agricultural producers in Puerto Rico to help them enter into value added activities related to the processing and/or marketing, generating new products, creating and expanding marketing opportunities and increasing producer income.
Puerto Rican managed care company Triple-S Management Corporation announced Thursday consolidated revenues of $744.7 million and a net loss of $1.9 million, or $(0.08) per diluted share, versus net income of $4.2 million, or $0.16 per diluted share a year ago.
Management Group Investors and Popeyes Louisiana Kitchen Inc. have signed an agreement to open the first two restaurants at the Luis Muñoz Marín International Airport, through a $1.6 million investment.
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