EVERTEC Inc. announced results for the fourth quarter and full year ended Dec. 31, 2017, reflecting a 2 percent revenue drop, to $99.6 million, during the three-month period, but a 5 percent increase to $407.1 million for the 12-month period.
Puerto Rico residents continuing to recover from the impacts of recent hurricanes could be eligible for increased nutrition assistance, thanks to a grant from the U.S. Department of Agriculture (USDA), the government announced.
Nonprofit Somos Solar has sponsored a $45,000 solar energy and storage system at the Hogar Cuna San Cristóbal in Caguas that will allow the entity to operate without interruptions when there is no electricity service, said Hiram Williams-Figueroa, executive director of Somos Solar.
The most recent version of Puerto Rico’s fiscal plan for its central government would chart the future of the island, giving some degree of certainty to citizens, businesses and investors to bet on Puerto Rico’s dismal economy.
Puerto Rico is getting ready to host its first major convention since the passage of Hurricane María last year, when on Mar. 10-15 the Internet Corporation for Assigned Names and Numbers will hold its 61st international community forum at the Puerto Rico Convention Center.
Moving to another country and starting over is one of the most frightening yet exhilarating adventures ever. Life as you know it will change and we are not just talking about addresses and new neighbors.
Insurer Assurant and Join-a-Join announced they have come together to provide liability and content insurance to the properties owners on the short-term rental platform and their hosts.
Starting Feb. 18, PREPA will begin a ramp down of select generation units.
Five months after Hurricanes Irma and María hit the island, Liberty Cablevision of Puerto Rico LLC reported “solid progress” in its network restoration process, confirming it has already reconditioned and repaired its main fiber ring around the island and continues repairing fiber sub-rings, coaxial cables and distribution equipment.
Sun West Mortgage announced the opening of third branch in Puerto Rico, which called for an investment of some $200,000, located at the Ciudadela complex in Santurce.
Intelligent residential energy storage company sonnen announced the commissioning of a solar + battery storage microgrid at S.U. Matrullas, a K through 9 school that educates more than 150 students in the remote town of Orocovis.
We appreciate the statement of the Oversight Board on the desirability that the Puerto Rico Institute of Statistics is maintained as a public, independent and separate instrumentality from the government of Puerto Rico.
FirstBank, as part of its commitment to provide assistance to disadvantaged communities, has destined a donation to the Martín Peña Recicla organization, for the recycling of mobile phones, to provide assistance to seven families from the G8 communities at the Martín Peña Channel who suffered damages to their homes after the passage of Hurricane María.
The Health Insurance Services Administration, or ASES, which runs the Health Reform program for the medically indigent, announced it has received the approval from the Centers for Medicare and Medicaid Services for contracts with insurers that manage the government’s health plan and corresponding policies for the current fiscal year.
A group of creditors, which collectively holds a substantial portion of Puerto Rico's outstanding $73 billion public debt, responded to the Commonwealth’s most recent version of its Fiscal and Economic Growth Plan, saying “a pragmatic, transparent and growth-focused policy agenda is critical to the island's recovery.”
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