PREPA reaches deal with creditors for payments due
August 15, 2014
The Puerto Rico Electric Power Authority announced Thursday that discussions with its creditors have resulted in agreements that provide the agency with a “consensual path forward to improve its operations and financial situation.”
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OCIF ends probe of UBS Bank USA’s Puerto Rico dealings
December 23, 2013
The Office of the Financial Institutions Commissioner announced it has entered into an agreement with Utah-based UBS Bank USA through which the latter will transfer a securities-backed loan portfolio worth $562 million to UBS Financial Services Inc. of Puerto Rico.
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Seaborne Airlines, JetBlue announce interline agreement
November 12, 2013
Seaborne Airlines announced Monday the start of an interline agreement facilitating connections at Luis Muñoz Marín International Airport in San Juan to and from all JetBlue Airways flights.
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Puerto Rico Products Assoc., Orlando CofC team up
October 28, 2013
The Puerto Rico Products Association and the Hispanic Chamber of Commerce of Metro Orlando recently signed a collaborative agreement with the goal of promoting products and services in Puerto Rico through entrepreneurs and investors in the central Florida city.
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Polytechnic, Huertas Junior College sign educational pact
September 4, 2013
The Polytechnic University of Puerto Rico and Huertas Junior College recently signed an agreement that will facilitate transfers of students enrolled in the latter’s associate degree programs to the former’s bachelor’s degree programs.
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Puerto Rico CPA Society, EDB ally to identify financing
August 30, 2013
The Puerto Rico CPA Society and the Economic Development Bank have partnered to, among other things, identify financing sources and services to help promote local products and services companies with the goal of creating jobs and strengthening existing businesses, EDB President Joey Cancel-Planas said Thursday.
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Op-Ed: Compact for Puerto Rico
December 17, 2012
Recently, and in view of the very serious challenges facing Puerto Rico, some analysts have called for a Compact among the various interest groups in society to agree on basic development issues. I fully agree with the need for what I would call a Compact for Puerto Rico (in Spanish, “Pacto por Puerto Rico").
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