Keller Williams real estate expands into Puerto Rico
February 17, 2017
Keller Williams, the world’s largest real estate franchise by agent count, announced the opening of an office in Puerto Rico, where it will incorporate some 60 agents.
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Ford unveils 8-yr./100K mile protection for ’17 Fiesta
February 17, 2017
Ford announced Thursday the introduction of one of Puerto Rico's most comprehensive auto protection plan that covers more than 1,000 components of the 2017 Ford Fiesta for eight years or 100,000 miles.
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Execs gather to promote ‘responsible investment’ in P.R.
February 16, 2017
Investing in Puerto Rico has become one of those polarizing topics that generate much controversy and distrust.
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FirstBank collects 5,952 cell phones for recycling
February 16, 2017
Because 100 percent of the materials in mobile phones are recyclable, since 2014 FirstBank has been collecting devices at its branches as part of its social responsibility program called “Uno con el Ambiente.”
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Consultiva Internacional to discuss market perspectives
February 16, 2017
The Investment Strategy Committee at Consultiva International Inc. will be presenting its global economic outlook for 2017 at its annual conference for clients, guests and partners on Feb. 23, the company announced Wednesday.
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Ankura Consulting opens Puerto Rico advisory office
February 15, 2017
Ankura Consulting Group announced Tuesday the opening of its 11th business advisory and expert services consultancy office, located in San Juan.
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P.R. Coffee Roasters to sell coffee brands on Amazon
February 15, 2017
Puerto Rico Coffee Roasters announced Tuesday it has reached an agreement to sell its flagship coffee brands — Café Yaucono, Café Rico and Café Crema — through the Amazon platform.
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Moody’s: Pension bonds face imminent payment default
February 14, 2017
In the coming months, the Commonwealth of Puerto Rico will default on bonds issued by its Employees Retirement System following the steady depletion of the bonds' debt service reserves, Moody’s predicted.
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Atlas Asset Management launches new investment option
February 14, 2017
Atlas Asset Management recently launched an investment fun to give Puerto Rico residents the option to divest their savings in an instrument that is not tied to government debt.
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Guayacán, Builders Assoc. open call for grant program
February 14, 2017
The Puerto Rico Builders Association and Grupo Guayacán Inc. recently opened a call for its new grants program, to be managed by the Puerto Rico Community Foundation.
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Toyota de PR to pursue ‘slow and steady growth’ in ’17
February 13, 2017
Following its mantra of “slow and steady growth,” Toyota de Puerto Rico is rolling into 2017 with the goal of maintaining its local market share, currently 32.2 percent, while ramping up efforts to offer the best products and service.
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Oversight Board issues RFP for pensions consultant
February 13, 2017
The Financial Oversight and Management Board for Puerto Rico is looking for an independent actuary, pension, and planning consultant for which it has issued an a request for proposals for parties interested in providing services.
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Moody’s: PR banks buffers improved vs. recession
February 10, 2017
Moody's-rated Puerto Rican banks, Banco Santander Puerto Rico, Banco Popular de Puerto Rico and FirstBank Puerto Rico have improved their capitalization, reserves and core funding in the face of protracted economic recession in the Commonwealth of Puerto Rico, Moody's Investors Service said in a new report released Thursday.
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Meet PR locks down 3 events worth $23.4M for economy
February 9, 2017
Meet Puerto Rico, the organization in charge of promoting the island in the groups and conventions market, has locked down three major conventions this year, which should “contribute to reversing the downward trend” the sector experienced in 2016.
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FirstBank launches lawyer trust deposit account
February 9, 2017
FirstBank and the Access to Justice Fund Foundation announced the launching of the Interest on Lawyer Trust Account (“IOLTA”,) or “Cuenta de Intereses en Fideicomiso de Abogados y Abogadas (CIFAA),” aimed at ensuring the availability and efficacy of legal services offered by nonprofit organizations to people of limited resources.
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