Puerto Rico’s economic activity registered a year-over-year decrease of 0.4 percent, and a month-over-month reduction of 0.3 percent, according to the latest index released by the Government Development Bank Thursday.
Puerto Rican company Caribbean Biotechnologies Inc. was recently granted approval by the Ministry of Health of Haiti to conduct clinical studies to test its new technology for the instantaneous detection of Tuberculosis in patients, in partnership with International Child Care's Grace Children's Hospital in Port-Au-Prince, Haiti.
First BanCorp, the bank holding company for FirstBank Puerto Rico reported Wednesday a net loss of $34.1 million for the second quarter of 2015, or $0.16 per diluted share, compared to net income of $25.6 million, or $0.12 per diluted share, for the first quarter of 2015 and net income of $21.2 million, or $0.11 per diluted share, for the second quarter of 2014.
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