Guayacán, Codetrotters win SBA funding competition
August 5, 2015
Grupo Guayacán Inc. and Codetrotters Academy were among the 80 winners of the second annual Growth Accelerator Fund Competition announced Tuesday by the U.S. Small Business Administration.
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$6M Nayara Toro Verde hotel to open in Orocovis
August 5, 2015
The mountain town of Orocovis will become home to the future Nayara Toro Verde Hotel, a project that represents a $6 million investment and the arrival of the Nayara luxury hotel chain, exclusive until now to Costa Rica, the Puerto Rico Tourism Co. announced Tuesday.
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Puerto Rico gov’t defaults, halts monthly GO transfers
August 4, 2015
Investors in Puerto Rico debt got double-whammied by the island’s government Monday, which missed a $58 million debt payment as it had predicted it would, and separately told creditors it has temporarily suspended monthly deposits to its General Obligation (GO) bonds redemption fund.
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