Debt insurer Assured Guaranty has aligned with the Ad Hoc Group of Puerto Rico's General Obligation Bondholders, agreeing to the deferral of principal repayment of Puerto Rico General Obligation Bonds on terms “economically consistent with the previously released term sheet,” the group said Monday.
The Coliseo de Puerto Rico has been ranked 15th in the list of Top 100 arenas worldwide in Pollstar Magazine's 2016 rankings, venue officials confirmed Monday.
Members of the government’s Working Group for the Fiscal and Economic Recovery of Puerto will release today details of a revised voluntary exchange proposal presented to advisors to the Commonwealth’s creditors in March.
The Rincón Beach Resort, Triple-S and MMM recently made some executive appointments in their operations, as the private sector does its part to move the economy.
The U.S. Department of Agriculture is making up to $44 million available to farmers, ranchers and businesses to develop new bio-based products and expand markets through the Value-Added Producer Grant program.
GM Security Technologies, a provider of secure cloud computing, big data and integrated security, recently announced a strategic agreement with the Puerto Rico Science, Technology and Research Trust, and the Polytechnic University of Puerto Rico, to launch an innovation and incubation "cluster" for cybersecurity.
A broad segment of the Puerto Rican diaspora and local economic and social organizations met Thursday with House Speaker Jaime Perelló to identified critical areas that must be addressed jointly in Congress, as it shapes solutions for the island’s fiscal crisis.
Lifestyle and fashion apparel retailer Urban Outfitters Inc. will be opening its first store in Puerto Rico in September at The Mall of San Juan, this media outlet has learned.
The 9th edition of “Saborea Puerto Rico: A Culinary Extravaganza” fest will bring together more than 80 local chef and invited Food Network and Travel Channel chefs who will demonstrate their skills this weekend.
Every U.S. citizen is subject to the provisions of the United States Internal Revenue Code ("USIRC") regardless of their place of work or residence. Since people born in Puerto Rico are U.S. citizens, they are subject to the provisions of the USIRC.
Puerto Rican law firm McConnell Valdés LLC is marking seven decades of uninterrupted contributions to the development of the island’s legal profession, as well as its economic and social transformation.
Standard & Poor's Ratings Services said Wednesday the legislation enacted giving Puerto Rico Gov. Alejandro García-Padilla the power to suspend debt service payments would lead to a further credit downgrade, to “default” status.
Seeking to expand human capital to help push Puerto Rico forward and find new solutions that lead island residents toward a better future, the Puerto Rico Chamber of Commerce is launching a new initiative called "Puerto Rico is about all of us."
The U.S. Small Business Administration (SBA) Puerto Rico and the U.S. Virgin Islands district office will host on April 20-21 the entrepreneurship training course for veterans known as “Boots to Business: Reboot in San Juan.”
A group of investors — including certain mutual funds — holding $5 billion in Puerto Rico's General Obligation bonds revealed Monday the terms of a joint restructuring proposal that calls for offering the government a five-year moratorium on principal payments and $750 million in upfront liquidity.
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA