Gov’t adopts tool to track airport passenger, cargo traffic
June 1, 2016
Looking to ease the analysis of activity taking place in Puerto Rico airports to support the tourism and aviation industries, as well as track migration patterns, the Puerto Rico Ports Authority and the Puerto Rico Statistics Institute unveiled the “Aviation Intelligence” online tool.
chat_bubble0 Comment
visibility3219 Views
PdMTech marks 15th anniversary, expands operations
June 1, 2016
Puerto Rican engineering and predictive maintenance firm PdMTech is marking 15 years of solid growth by expanding its operations to Dominican Republic and South America.
chat_bubble0 Comment
visibility3172 Views
OMB: Paying GO debt in full in ’17 could imply layoffs
May 31, 2016
If the government of Puerto Rico were to pay the full amount due next year in GO debt would require laying off more than 3,400 public workers, among other adjustments.
chat_bubble0 Comment
visibility4828 Views
GDB waiting for ‘global’ restructuring offer for $48B debt
May 31, 2016
The Puerto Rico Government Development Bank is waiting for creditors to submit a “global” restructuring offer that would address some $48 billion in debt in its entirety, rather than piecemeal, agency President Melba Acosta said during budget hearings Monday.
chat_bubble0 Comment
visibility3037 Views
Private sector balks at PREPA’s planned rate hikes
May 27, 2016
Puerto Rico’s private sector, represented by more than 20 organizations, on Thursday banded together to reject the proposed energy rate increases unveiled by the Puerto Rico Electric Power Authority this week.
chat_bubble0 Comment
visibility3394 Views
Caribe Health Summit taking place in P.R. June 9th
May 27, 2016
The Caribe Health Summit, the most important medical tourism industry event of the Caribbean, will be held in Puerto Rico for the second consecutive year on June 9 at the Ritz Carlton Hotel.
chat_bubble0 Comment
visibility3918 Views
Claro, Piloto 151 join to back start-up tech community
May 27, 2016
Telecommunications provider Claro and Piloto 151 announced Thursday a partnership to provide Puerto Rico’s technological start-up community the infrastructure, mentoring and training needed for their growth, representatives for both companies confirmed.
chat_bubble0 Comment
visibility4743 Views
Fla. firm pays off $14.5M Sheraton Old San Juan loan
May 27, 2016
Florida-based Consolidated-Tomoka Land Co. announced Thursday the pay off of its $14.5 million first mortgage loan secured by the Sheraton Old San Juan Hotel at a discount of approximately $218,000.
chat_bubble0 Comment
visibility4645 Views
U.S. Ag Sec to make 1st official visit to P.R. next week
May 27, 2016
Agriculture Secretary Tom Vilsack will make his first official visit to Puerto Rico starting next Tuesday, when he will highlight the U.S. Department of Agriculture's ongoing commitment to addressing food security and rural opportunity in the Commonwealth.
chat_bubble0 Comment
visibility4213 Views
PROMESA advances to House floor; CNE won’t endorse
May 26, 2016
The PROMESA Act (H.R. 5278), the bill aimed to address Puerto Rico’s debt crisis, passed in the U.S. House Natural Resources Committee Wednesday with bipartisan support from lawmakers.
chat_bubble0 Comment
visibility5025 Views
MER Group opens $12M ship recycling facility in Ceiba
May 26, 2016
The Marine Environmental Remediation Group, flanked by Puerto Rico government officials, announced Wednesday the agreement to establish a new ship recycling facility in the marine port of the former Roosevelt Roads U.S. Naval Base located in Ceiba.
chat_bubble2 Comments
visibility9664 Views
Agro Tropical wins ‘EnterPRize’ competition
May 26, 2016
Agro Tropical, Inc., a Puerto Rican start-up that produces sustainable high quality agricultural products, including vegetables and high performance seeds, emerged as the winner of the 11th edition of the “EnterPRize” business competition hosted by Grupo Guayacán Inc.
chat_bubble0 Comment
visibility42467 Views
New Museum of Art and Design of Miramar to open
May 26, 2016
The Museum of Art and Design of Miramar (MADMi), a new museum and private nonprofit foundation in Puerto Rico located on Cuevillas Street in Miramar, will open its doors in early 2018, through an investment of some $5 million, property executives said Wednesday.
chat_bubble0 Comment
visibility5382 Views
Codetrotters selected to join Menorca Millennials
May 26, 2016
Codetrotters, the first hacker school in Puerto Rico and the Caribbean announced it has been selected among 20 global startups to join the world’s first startup decelerator, Menorca Millennials, among more than 400 groups that applied.
chat_bubble0 Comment
visibility2759 Views
‘PROMESA’ bill up for U.S. House Committee vote today
May 25, 2016
H.R. 5278, also known as the “Puerto Rico Oversight, Management, and Economic Stability Act,” which seeks to establish an Oversight Board to assist the government of Puerto Rico and its agencies in managing its public finances, will move for a vote by members of the U.S. House Committee on Natural Resources today, when nearly two dozen amendments will be considered.
chat_bubble0 Comment
visibility3304 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA