Facebook hosting ‘Boost your Business’ seminars in P.R.
July 16, 2018
Social media giant Facebook is hosting a series of “Boost your Business” seminars in Puerto Rico this week, it announced.
chat_bubble0 Comment
visibility1521 Views
HOPE NOW Alliance, Kmart team on outreach model to help P.R. homeowners impacted by Hurricane María
July 11, 2018
The HOPE NOW Alliance, in conjunction with KMart, are hosting a free Homeownership Recovery Center to help homeowners impacted by Hurricane María and “are feeling frustrated with the recovery process.”
chat_bubble0 Comment
visibility1898 Views
IEEFA: PREPA privatization law invites more contracting scandals
July 10, 2018
The law that Puerto Rico enacted last month to privatize the Puerto Rico Electric Power Authority has many flaws, including labor protections that are too weak, an unnecessary restructuring of the Puerto Rico Energy Commission and a lack of commitment to strong energy planning, the Institute for Energy Economics and Financial Analysis affirmed.
chat_bubble0 Comment
visibility1842 Views
Puerto Rico’s large chain supermarkets prepared for storm
July 6, 2018
As a precautionary measure due to the shortage of foods and supplies thanks in large part to Hurricane María on the island, large chain supermarkets, Econo and Selectos have opted to be better prepared for the upcoming hurricane, set to affect Puerto Rico as soon as this Monday.
chat_bubble0 Comment
visibility1703 Views
America Cruise Ferries to invest $15M in new facilities at Port of San Juan
July 6, 2018
America Cruise Ferries, the company that connects Puerto Rico and the Dominican Republic by sea, has signed a letter of intent with the Puerto Rico Ports Authority to invest some $15 million to redevelop Piers 15 and 16 at the San Juan port.
chat_bubble0 Comment
visibility3627 Views
Popular gets regulatory clearance to buy Wells Fargo’s auto finance business in P.R.
July 6, 2018
Nearly five months after announcing its intention to buy Wells Fargo’s auto lending business in Puerto Rico — which does business as Reliable Auto — Popular Inc. confirmed it has completed the regulatory clearance process needed to close the deal.
chat_bubble0 Comment
visibility1600 Views
U.S. Department of Commerce invests $1.6M to support business growth in P.R.
July 6, 2018
U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the Puerto Rico Trade and Export Company.
chat_bubble0 Comment
visibility2098 Views
Entrepreneur St. Clair formally unveils plans for $70M P.R. Film District
July 3, 2018
Veteran traveler and investor Keith St. Clair formally announced his plans for the first phase of what will become the Puerto Rico Film District that is set to be completed as early as December 2019 behind the Puerto Rico Convention Center.
chat_bubble0 Comment
visibility2276 Views
Ángel Ramos Foundation to award $300K to 6 P.R. community groups
July 3, 2018
The Ángel Ramos Foundation will award $300,000 in grants, split equally among six Puerto Rico nonprofits that went above and beyond their duties to help communities after Hurricanes Irma and María.
chat_bubble0 Comment
visibility1616 Views
Packers Provision launches new division — Packers Fresh Solutions
July 3, 2018
With the goal of continuing to provide solutions in service and variety of products, Packers Provision has expanded operations to incorporate a new fresh produce division, Packers Fresh Solutions.
chat_bubble0 Comment
visibility2002 Views
‘Caguas Compite’ certifies 55 entrepreneurs in its 7th annual edition
July 2, 2018
The 7th annual “Caguas Compite” business incubation program concluded with a graduation rate of 85 percent, one the highest percentiles since the initiative began in 2012, town officials confirmed.
chat_bubble0 Comment
visibility1955 Views
CooPACA invests $1.5M in new tech platform to benefit members
June 28, 2018
The Arecibo Credit Union has invested some $1.5 million in a new technology platform that will add new services, improve customer experience, streamline banking transactions and provide new protections to customer data to make it safer, company President William Méndez-Pagán said. The migration of operations to the new platform will be completed by July 3, […]
chat_bubble0 Comment
visibility2157 Views
KraftHeinz awards Colomer & Suárez ‘Top Distributor of the Year’
June 28, 2018
KraftHeinz has awarded Puerto Rican consumer products distribution company Colomer & Suárez, its “Top Distributor of the Year” recognition in the Latin American region. KraftHeinz also recognized two Colomer & Suárez processes that have contributed to the success of their brands in Puerto Rico: “Implementation Award,” for their effective media strategy (documentation, internal communication, etc.); […]
chat_bubble0 Comment
visibility1952 Views
PetSmart re-opens 2 stores in P.R. closed after Hurricane María
June 28, 2018
PetSmart announced the re-opening of its Caguas and Carolina stores, two locations that were greatly impacted when Hurricane María struck last September. Both stores suffered significant structural damage that required nearly eight months to repair, the retailer said. “It has been a long road to recovery, not only for PetSmart, but for the entire island,” […]
chat_bubble0 Comment
visibility1580 Views
Espacios Abiertos: Earned Income Tax Credit is ‘good public policy’
June 28, 2018
An Earned Income Tax Credit, an issue that is taking center stage as part of the discussion of the Puerto Rico tax reform, “does justice to workers” and is “good public policy,” Cecille Blondet, director of nonprofit Espacios Abiertos, said. Upon unveiling a study it recently commissioned from Economist María E. Enchautegui, Espacios Abiertos believes […]
chat_bubble0 Comment
visibility1786 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA