Representatives from a cross-section of the economy expressed their opinions Monday in the wake of the the Financial Oversight and Management Board for Puerto Rico approval of the fiscal plan the island’s government must follow to shore up liquidity and fund essential services.
Grupo Guayacán Inc. (GGI) announced Monday the official kick-off of its EnterPRize Business Competition which provides startups with access to an educational curriculum including workshops, mentoring, coaching, and the opportunity to compete for more than $100,000 in equity free seed capital from GGI and a group of corporate partners.
First BanCorp. announced Monday that its subsidiary, FirstBank Puerto Rico, sold on March 10, 2017 its outstanding participation in a line of credit to the Puerto Rico Electric Power Authority (PREPA), reducing its direct exposure to Puerto Rico government related credits.
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