Puerto Rico Gov. Ricardo Rosselló announced that the Fiscal Agency and Financial Advisory Authority acting on behalf of the Puerto Rico Electric Power Authority has reached an agreement in principle regarding an enhancement of the terms of the restructuring support agreement with the Ad Hoc Group of PREPA bondholders, its fuel line lenders, the monoline insurers and the Government Development Bank for Puerto Rico.
Moody's Investors Service on Wednesday lowered the ratings on debt of the Government Development Bank and five other Puerto Rico issuers, with a total of approximately $13 billion outstanding.
More than a year after a fire consumed the vessel used to provide transportation between Puerto Rico and the Dominican Republic, maritime company Ferries del Caribe will resume the service in May, company officials announced.
The Puerto Rico Consortium for Clinical Investigation (PRCCI), an initiative created and promoted by the Puerto Rico Trust for Science, Technology and Research, marks the first year of operations this month, executives announced Wednesday.
Resident Commissioner Jenniffer González, participated in a public hearing convened Wednesday by the Small Business Committee of the U.S. House of Representatives, where the discussion focused on the priorities will be for the development of small entrepreneurs, as well as the administrative priorities of the Small Business Administration.
MMM Healthcare, LLC received the National Committee for Quality Assurance accreditation for the third consecutive time, reaffirming its commitment to developing and implementing initiatives aimed at promoting quality in services their members receive, the company announced Wednesday.
The VAPR Federal Credit Union inaugurated Wednesday a new branch in the municipality of Guayama. With this expansion VAPR FCU extends the offer of its financial services to the island’s southeast region and increases its portfolio of partners to 21,365.
U.S. Customs and Border Protection, the agency responsible for securing U.S. ports of entry and international borders, is accepting applications nationwide for CBP officer positions at select locations.
Gov. Ricardo Rosselló signed Tuesday the Permitting Reform Act (Law 19-2017), that seeks to streamline the permitting process for businesses and promote new investments, job creation, and economic development on the island.
Parallel18 (P18) announced Tuesday the launch of its fourth open call, directed to innovative projects with a global vision that have a functional prototype, and are in the process of scaling their sales or operations.
This edition of “Climbing the Corporate Ladder” includes high-ranking appointments in several industries, as well as a reshuffling of executives in a familiar operation in Puerto Rico.
Local pharmaceutical and process validation company Pharma Consulting Corp., continues to set its sights abroad with the rapid expansion of its services to Central America, founder Charil Pabón, a microbiologist, said.
IMPACTIVO, LLC, a social impact consulting firm, announced Tuesday the opening of the "Advanced Public Health Leadership Program" of the U.S. Health Department's Region II Public Health Training Center.
Norwegian Air Shuttle, which officially touched ground in Puerto Rico in November 2015, will drop service between Europe and San Juan effective this winter, the company and local airport officials confirmed.
Santander Financial Services Inc. has reached a definitive agreement to sell the personal loan and sale finance loan assets comprising the Island Finance business to funds advised by J.C. Flowers & Co. LLC and affiliates.
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