WASHINGTON — Half a dozen tax attorneys and D.C. policy wonks bickered Tuesday over how to bring Puerto Rico out of its perennial economic crisis in the context of PROMESA, the Puerto Rico Oversight, Management and Economic Stability Act.
The Puerto Rico Electric Power Authority (PREPA) announced Tuesday it will immediately proceed with the implementation of the Integrated Resource Plan, as modified by the Puerto Rico Energy Commission (PREC), which adopted key elements of its $2.4 billion capital investment plan.
I firmly believe that if entrepreneurs don’t rescue and use the huge amount of potential talent we have in our extremely high school dropout statistics, not only are we doomed to waste valuable resources, but we will also pay a huge social price.
The Savings and Loan Cooperative of Arecibo (CooPACA, for its Spanish acronym) announced Tuesday the reopening of its branch located in Cruce Dávila in the municipality of Barceloneta, after a $1 million investment.
The National Hispanic Leadership Agenda (NHLA), a coalition of the nation’s 40 preeminent Latino organizations, and ANIMUS have joined forces to share information about both the Latino Appointments Program and LatinasRepresent programs during the upcoming ANIMUS Summit.
With just three home games to play before this year’s soccer season is over, Puerto Rico Football Club officials are celebrating a successful run that has drawn not only scores of local fans, but also diehard supporters who have traveled to the island to cheer on visiting teams.
Tampa-based Mark A. Tepper securities law firm announced Monday it is investigating alleged claims against brokers and financial advisors for recommending Puerto Rico General Obligations (GO) and/or Puerto Rico municipal bonds.
In Puerto Rico’s embattled economy, everyone is at risk. Nonprofit organizations are no exception.
Looking to provide economic alternatives and new solutions to Puerto Rico and to attract different markets interested in investing on the island, E&S Group Inc. recently launched the new digital platform EdictosySubastas.com.
In the wake of the biggest blackout Puerto Rico has experienced in more than three decades, which has affected more than 1.5 million customers, members of the island’s private sector urged the powers-that-be to push forward with a complete overhaul of the electrical system.
UTC Aerospace Systems, a unit of United Technologies Corp., announced Wednesday it is expanding its presence in Puerto Rico over the next three years with the establishment of an operations and supply chain business services center.
OFG Bancorp announced Tuesday that its subsidiary Oriental Bank’s outstanding participation in a line of credit to the Puerto Rico Electric Power Authority (PREPA) has been sold, thereby significantly reducing its direct exposure to Puerto Rico government related credits.
Life sciences giant Bayer inaugurated Tuesday two research and development facilities in Guánica and Sábana Grande, as part of an ongoing effort to contribute to the field of crop science, one of the company’s main business lines since it was established on the island 13 years ago.
Espacios Abiertos, a nonprofit organization that promotes transparency, announced Tuesday the creation of a website where it will post documents generated or published by the Fiscal Oversight Board.
More than 900 people have signed up to attend the Florida-Caribbean Cruise Association’s 23rd annual Cruise Conference & Trade Show, set for Sept. 26-30 in San Juan.
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