Open Mobile, one of several mobile network operators in Puerto Rico, is partnering with Assurant Solutions on a trade-in program that enables customers purchasing a new mobile phone to get instant credit for their old one.
The Puerto Rico Treasury Department announced Friday that General Fund net revenues totaled $626.5 million in July 2015 — the first month of Fiscal 2016 — representing a $2.3 million increase when compared to July 2014.
With an investment of $200,000, Italian creamery Gelato & Co. has officially opened its first location in Puerto Rico, as a joint venture with the San Juan Marriott Resort & Stellaris Casino, company officials announced Sunday.
HERE Studios, a local company lead by entrepreneur Vicente Cajigas, recently opened a new film studio at the Saint Just Industrial Park in Trujillo Alto equipped with the latest technology and facilities required by the industry.
The U.S. Department of Agriculture’s Rural Development Home Repair Program is offering qualifying rural homeowners the opportunity to apply for loans and grants to repair their dwellings, agency officials announced.
The Foundation for Puerto Rico announced Thursday it is focusing its efforts on developing new social and economic strategies that will transform Puerto Rico into a global destination, based on the premise that tourism is key to improve the economy.
Bronx Borough President Ruben Diaz Jr. on Thursday sent a letter, in conjunction with more than 100 elected officials from across the nation, demanding immediate action from Congress to enact legislation that will allow Puerto Rico to enter bankruptcy.
The San Juan Passport Agency will reopen to the public for U.S. passport services beginning Aug. 17, 2015, at the Minillas Government Center, agency officials announced Thursday.
Puerto Rico will host the 5th edition of Caribbean Hotel Investment Conference and Operation Summit.
After hearing many stories of people and businesses that are leaving Puerto Rico to relocate to Florida with no idea of the resources available to them, the Puerto Rico Hispanic Chamber of Broward County will be offering a 3-hour orientation seminar on Sept. 9.
Although most insurance carriers in Puerto Rico maintain sufficient capital to support lower bond ratings given their adequate capital positions and manageable exposures to the Puerto Rico municipal bond market, there will be circumstances where rating actions may have to be taken, ratings agency A.M. Best said.
Retail activity is picking up at several local malls, with new store openings in San Juan, Caguas, Ponce and Barceloneta next month, this media outlet confirmed.
Financial inclusion is one action that can move a population out of poverty while driving economic growth that’s more inclusive, sustainable and fair.
The Federal Emergency Management Agency is allocating $10.1 million to Puerto Rico under four separate grant programs.
OppenheimerFunds and Franklin Advisers, which represent Public Finance Corporation bondholders, sent a letter to Puerto Rico government officials demanding that they take “all necessary actions” to make the $58 million payment missed this week.
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