The Financial Oversight and Management Board for Puerto Rico announced the list of presenters tentatively confirmed to appear at its third meeting to be held Friday in Fajardo.
Ponce-based Vassallo International Group, which manufactures, distributes and sells more than 6,000 different products for a wide range of applications and industries, has filed for Chapter 11 bankruptcy, citing nearly $9.8 million in debt.
After a successful auction of Puerto Rican real estate in September, John Dixon & Associates is preparing for a second round, with the Dec. 3 auction of 39 properties on the island, including office buildings, homes, retail stores, land and other properties, the company announced Thursday.
FirstBank recently joined the Center for Sustainable Agricultural Microenterprises and Technologies Yauco Inc. to offer a food safety training workshop to 25 participants interested in developing their agricultural microenterprise in Puerto Rico’s southeastern region.
Federal Reserve Bank of New York President William C. Dudley will visit Puerto Rico Nov. 28-29 to meet with leaders in the local community, government, business and education sectors, the agency announced Wednesday.
The Youth Development Institute of Puerto Rico (YDI) submitted to the Puerto Rico’s Economic Development Taskforce a report with public policy recommendations and solutions to reduce childhood poverty.
Empresarios por Puerto Rico, an organization representing a broad spectrum of local businesses, unveiled Wednesday a series of initiatives aimed at strengthening the island’s economy.
Three years after receiving $31.6 million from the Federal Communications Commission to provide new broadband access to more than 40,000 homes in Puerto Rico, Claro President Enrique Ortiz de Montellano confirmed Wednesday the project has been completed.
The Pueblo supermarket chain on Wednesday opened a new store at the Aguadilla Mall with an investment of more than $4 million and the creation of 70 new jobs to complete a workforce of 130 employees, company executives confirmed.
Gov.-elect Ricardo Rosselló on Tuesday offered details of the socioeconomic transformation model his administration will follow to spur “growth and development” for Puerto Rico over the next four years.
Gov.-elect Ricardo Rosselló said Tuesday his administration will delegate the task of promoting Puerto Rico to an independent Destination Management Organization, or DMO, putting the responsibility in the hands of the “sector that knows tourism and the island’s assets.”
News is my Business, Puerto Rico’s first English-language, fully digital business news website, is marking its sixth anniversary today as it looks forward to upholding its mission to deliver a broad snapshot of the island’s most significant stories.
AT&T announced Tuesday the addition of four new cell towers and capacity to hundreds of cell sites so far this year, helping customers get faster, more reliable wireless service in Puerto Rico.
The Municipal Revenue Collection Center (known as CRIM for its initials in Spanish) will hold a public auction to sell the industrial facilities formerly occupied by Intel in Puerto Rico.
Management Group Investors announced Tuesday it will invest $2 million to build a new 10,000 square-foot “Fixed-Based Operator” hangar at its Airport Aviation Services facilities in the Luis Muñoz Marín International Airport in Carolina.
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