Toyota Foundation grants $100K to 7 P.R. nonprofits
December 19, 2016
Seven nonprofit organizations, each promoting projects aimed at education, research and environmental awareness, received donations from the Toyota Foundation, which for some 20 years has supported environmental initiatives.
chat_bubble1 Comment
visibility2602 Views
Charlie Car Rental: Car rental industry rebounding in ’16
December 19, 2016
The car rental industry, which for years — and as a reflection of the economy — has experienced a significant decline, has seen a recent spike that could culminate in an increase of up to 5 percent at the end of this year, an industry executive said.
chat_bubble0 Comment
visibility3993 Views
Rosselló appoints Treasury, AAFAF, Ag., DNER heads
December 16, 2016
Governor-elect Ricardo Rosselló announced Thursday his nominees to head the Treasury, Agriculture, Natural Resources and Environmental Resources (DNER) departments, as well as the executive director of the Fiscal Agency and Financial Advisory Authority, or AAFAF.
chat_bubble0 Comment
visibility3098 Views
PREPA extends RSA agreement with creditors
December 16, 2016
The Puerto Rico Electric Power Authority, Puerto Rico’s publicly owned electricity provider, announced Thursday an extension of the Restructuring Support Agreement to March 31, 2017.
chat_bubble0 Comment
visibility1988 Views
Health Dept. modifies medicinal cannabis regulations
December 16, 2016
The Puerto Rico Health Department has enacted a series of amendments to its medicinal cannabis regulations that impose new restrictions on doctors, patients and businesses while allowing municipalities to operate cannabis dispensaries, announced advocacy group Puerto Rico Legal Marijuana.
chat_bubble0 Comment
visibility1896 Views
FirstBank awards ‘FirstOro’ grants to athletic kids
December 16, 2016
FirstBank, in partnership with the Puerto Rico Tennis Association on Thursday awarded three “FirstOro” grants to three children ages six to nine showing academic achievement, athletic skills and development potential in sports.
chat_bubble0 Comment
visibility2296 Views
ATH Móvil processes 20M transactions since launch
December 16, 2016
The ATH Móvil service run by transaction processing firm EVERTEC has handled 20 million transactions in the less than two years since its launch, company officials announced Thursday.
chat_bubble0 Comment
visibility6253 Views
Mano Amiga program donates $350K to 32 nonprofits
December 16, 2016
The Mano Amiga program run by the Plaza Las Américas and Plaza del Caribe Foundations wrapped up its first year of operations benefiting 32 Puerto Rico nonprofits that split $350,000 in grant funding.
chat_bubble0 Comment
visibility3233 Views
Treasury collections up $43.5M in Nov., beat projections
December 15, 2016
General Fund net revenues totaled $533.9 million in November, up by $45.3 million, or 9.3 percent, compared to November 2015, and by $43.8 million, or 8.9 percent, compared to estimates.
chat_bubble0 Comment
visibility2120 Views
COFECC adopts new name, expands micro-loan program
December 15, 2016
The Corporation for the Financing of Business and Communities (known as COFECC in Spanish) has reinvented itself, adopting a new brand — Lendreams — while reinforcing its micro-loans program, company officials announced Wednesday.
chat_bubble1 Comment
visibility3201 Views
Popular will record $115M loss after losing FDIC dispute
December 15, 2016
Banco Popular de Puerto Rico lost its appeal before a review board over a dispute with the Federal Deposit Insurance Corp. earlier this year that will result in a $115 million pre-tax charge for the quarter ended Dec. 31, the bank confirmed Wednesday.
chat_bubble0 Comment
visibility2710 Views
Statistics Institute launches State Data Center-PR portal
December 15, 2016
The Puerto Rico Statistics Institute announced Wednesday the launch of the State Data Center of Puerto Rico website, placing the island on equal footing with U.S. jurisdictions, most of which have their own state and representative portal, agency Executive Director Mario Marazzi said.
chat_bubble0 Comment
visibility2448 Views
Claro adds 18 sectors in 12 towns to high-speed network
December 15, 2016
Claro, Puerto Rico’s largest telecommunications service provider, announced Wednesday the addition of more sectors to its broadband network offering mobile speeds of up to 100 Mbps, through a $370 million investment announced in October.
chat_bubble0 Comment
visibility2294 Views
EPA seeks nominations for environmental champions
December 15, 2016
Each year, the U.S. Environmental Protection Agency recognizes and honors environmental trailblazers – individuals, businesses and organizations that have contributed significantly to improving the environment and protecting public health.
chat_bubble0 Comment
visibility1972 Views
EPA grants UPR $1.6M for pollution prevention projects
December 14, 2016
The U.S. Environmental Protection Agency (EPA) announced Tuesday it has granted more than $1.6 million to the University of Puerto Rico.
chat_bubble0 Comment
visibility1960 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA