In a new report released Thursday, Moody’s Investors Service addressed investor questions regarding the implications of the recently enacted Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA) on the U.S. municipal bond market.
Local technology experts across public and private sectors are facing increasingly more complex cyberthreats as well as a higher number of cyberattacks, which make for challenging times as these types of attacks can have great impact in any organization’s bottom line.
Puma Energy Caribe announced Thursday the availability of a newly formulated gas product, Puma with Hitec 6600, an additive that introduces premium benefits to regular (87 octane) and premium (93 octane) gasoline at service stations in Puerto Rico.
More than 1 million passengers passed through Puerto Rico’s regional airports in Fiscal 2016, representing the highest figure achieved by the island’s Air System Network in the last five years, the Puerto Rico Ports Authority said Thursday.
The Coliseo of Puerto Rico Jose Miguel Agrelot wrapped up Fiscal 2016 — one of its most successful in its 12-year history — with 103 events, which accounted for a total attendance of more than 700,000 guests and more than $35 million in gross ticket sales, venue officials announced Wednesday.
PathStone, a nonprofit organization, recently inaugurated “Valle Dorado,” a senior housing building with an associated $6.5 million investment in the town of Utuado.
NEW YORK — Puerto Rico Gov. Alejandro García-Padilla confirmed Tuesday that his administration will have a new fiscal plan ready shortly after the federal fiscal oversight board is “appointed and operational.”
The Ponce Health Sciences University, a fully accredited U.S. medical and health sciences university provides the highest quality graduate education programs available in medicine, clinical psychology, biomedical sciences, and public health, announced Tuesday the groundbreaking expansion of a 6,000 sq. ft. state-of-the art neuroscience research facility.
TOTE Maritime Puerto Rico has begun implementation of major equipment upgrades aimed at keeping their fleet the youngest in the Puerto Rican trade market, the shipping company announced Tuesday.
The U.S. Small Business Administration and AARP announced Tuesday they have renewed their “Summer of Encore Mentoring” educational events targeting entrepreneurs over the age of 50 who want to start or grow their small business.
Puerto Rico’s economic activity index held up its downward spiral in June, when it reflected a reduction of 1.8 percent compared to June 2015, and a 0.2 percent reduction compared to May 2016, the Puerto Rico Fiscal Agency and Financial Advisory Authority (FAFAA) announced Monday.
Puerto Rico’s new car sales remained on the positive side for the fourth straight month in July, when 6,644 units were sold, reflecting a 17.4 percent year-over-year increase, the United Automobile Importers Group (known as GUIA by its Spanish acronym), said Monday.
The President of the Puerto Rico Economists’ Association, Juan Villeta-Trigo, met Monday with Marie Donnay, economist and representative of the Mission of the General Directorate for Economic and Financial Affairs of the European Union to discuss the island’s fiscal situation and exchange strategies focused on achieving economic growth.
DDR Corp., a company that owns several shopping malls throughout Puerto Rico, on Monday invited the public to join its community effort “Say Present on Back-to-School,” which seeks to donate school supplies to Boys & Girls Clubs of Puerto Rico.
The U.S. Department of Labor’s Mine Safety and Health Administration announced Thursday that cement producer CEMEX de Puerto Rico has agreed to pay $291,722 in penalties.
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