A team of young Puerto Rican behind San Juan-based Local Guest unveiled Wednesday an online platform offering “experiential tourism” options as an economic development engine.
We all learned this week, with considerable shock, that the Financial Oversight and Management Board for Puerto Rico has spent, during the course of just 10 months, the incomprehensible sum of $31 million out of our sad pockets.
First BanCorp., the bank holding company for FirstBank Puerto Rico, announced Wednesday that certain stockholders have commenced a public underwritten offering of an aggregate of 20 million shares of the corporation’s common stock, $0.10 par value per share that they currently own.
British-based business magazine “Corporate Insider” has awarded Consultiva Internacional Inc. its “Business Excellence” recognition and named the firm Puerto Rico’s best Investment Advisory Firm for 2017.
HFS Corp. — a franchisee for Domino’s Pizza in Puerto Rico — announced Wednesday the closing of nine stores on the island, after seeking bankruptcy protection earlier this year, this media outlet confirmed.
Evertec Inc. announced Tuesday results for the second quarter ended June 30, 2017, which put total revenue for the quarter at $103.5 million, an increase of 6 percent compared with $97.7 million in the prior year.
PrescribeWellness, the cloud-based services company that seeks collaboration for better health, announced a partnership with the Puerto Rican cooperative of community pharmacies, Coopharma, which will be using its software solution to increase medication adherence, patient loyalty and health.
The U.S. Virgin Islands on Tuesday became the first U.S. territory to “opt-in” to the FirstNet network, following Gov. Kenneth Mapp’s decision to accept the FirstNet and AT&T plan to deliver a wireless broadband network to the territory’s public safety community, helping first responders save lives and protect communities, the carrier announced.
Grupo Guayacán Inc. will host a special workshop entitled “Innovation Strategies: Tools for Today’s and Tomorrow’s Entrepreneurs,” by Robert “Bob” Dávila, Aug. 11, from 9 a.m. to 5 p.m.
The Puerto Rico Science and Technology and Research Trust on Monday expressed its support of the amendments agreed to related to House Bill 1122, saying they include the input of the entity’s trustees and support its mission.
The U.S. Environmental Protection Agency announced it has added a former battery recycling facility in Arecibo to its Superfund National Priorities List of the country’s most hazardous waste sites.
Following the success of the first two editions in San Juan last year, and to reach the population of the western area who have asked for the chance to visit a single location housing local products and services, the Puerto Rico Products Association will set up its “Hecho en Puerto Rico: La Tienda” concept at the Mayagüez Mall, on Sept. 14-24.
A group of professors and researchers of electric power systems presented their “collective and personal vision of a sustainable energy future for Puerto Rico” to Judge Laura Taylor-Swain, who is overseeing the island’s debt restructuring, and the Financial Oversight and Management Board for Puerto Rico.
First BanCorp. reported net income of $28 million for the second quarter of 2017, or $0.13 per diluted share, compared to $25.5 million, or $0.11 per diluted share, for the first quarter of 2017 and $22 million, or $0.10 per diluted share, for the second quarter of 2016.
The Puerto Rico Private Sector Coalition stepped up in defense of the Puerto Rico Institute of Statistics over the weekend, claiming that it is “critical to have a body that ensures the independence and transparency of metrics and government statistics to provide complete, reliable, fast and universal data.”
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