P.R. credit unions show ‘solid performance’ in past 5 yrs
December 17, 2015
Puerto Rico’s credit unions have shown “solid performance” over the past five years, with an 8 percent growth in assets and membership growth of nearly 10 percent.
chat_bubble0 Comment
visibility3432 Views
PREPA saves $312M via operational ‘transformation’
December 16, 2015
In the 15 months it has been working with stateside firm AlixPartners, the Puerto Rico Electric Power Authority has accrued $162 million in annual benefits, plus another $150 million in one-time benefits through a comprehensive operational overhaul, Chief Restructuring Officer Lisa Donahue told board members Tuesday.
chat_bubble0 Comment
visibility3278 Views
EPA wraps up $7.3M cleanup plan for San Germán site
December 16, 2015
The U.S. Environmental Protection Agency announced Tuesday it has finalized a plan to address contaminated soil and groundwater at the San Germán groundwater contamination Superfund Site in the southern town.
chat_bubble0 Comment
visibility3869 Views
P.R. governor announces he will not seek 2nd term
December 15, 2015
Puerto Rico Gov. Alejandro García-Padilla announced Monday he will not seek re-election to his post next year, to “concentrate” on addressing the island’s fiscal problems.
chat_bubble0 Comment
visibility3365 Views
P.R. revenue collections $15.4M below estimates in Nov.
December 15, 2015
Puerto Rico General Fund collections reached $488.6 million in November, falling $15.4 million short of estimates, but $36.7 million above what the government shored up during the same month in 2014, Treasury Secretary Juan Zaragoza said Monday.
chat_bubble0 Comment
visibility3839 Views
Costco to invest $2.5M in 1st gas station at Carolina store
December 15, 2015
Costco Wholesale Corp. will finally be able to break ground on its first gasoline station in Puerto Rico, a $2.5 million project that recently got the go-ahead from the Puerto Rico Permits Management Office.
chat_bubble1 Comment
visibility11778 Views
United marks 15 years of Aguadilla-NY/Newark route
December 15, 2015
United Airlines is celebrating 15 years of service on the Aguadilla-New York/Newark route.
chat_bubble0 Comment
visibility3495 Views
Walmart, P.R. Farm Bureau ally to grant memberships
December 15, 2015
Walmart announced Monday it has established a partnership with the Puerto Rico Farm Bureau to enable 100 local farmers to join the trade group whose pursuit is to defend the sector and further agricultural development on the island.
chat_bubble0 Comment
visibility4847 Views
Culebra’s El Navegante Guest House opens this week
December 14, 2015
This week's opening of El Navegante Guest House adds to Culebra's room stock and brings to a happy conclusion longtime efforts by its two owners to develop the property on which the small hostelry is located.
chat_bubble1 Comment
visibility5109 Views
Study finds challenges, opportunities for tourism sector
December 14, 2015
Puerto Rico’s tourism service providers face a number of challenges and opportunities to do business, including branding and infrastructure and mobility issues.
chat_bubble0 Comment
visibility3155 Views
Santander Consumer to open servicing center in P.R.
December 14, 2015
Santander Consumer USA Holdings Inc. announced that in 2016, it will be opening Santander Consumer International Puerto Rico, a new office and servicing center for certain performing loan portfolios.
chat_bubble0 Comment
visibility5248 Views
Hampton Inn donates $62K to Boys & Girls Club
December 14, 2015
Hampton Inn & Suites by Hilton San Juan has “formed a bond with the Boys & Girls Club of Puerto Rico and its initiative to inspire future leaders of the tourism industry,” and to show its support, it raised a total of $62,580 for the organization by earmarking $1 per room sold over the last year.
chat_bubble0 Comment
visibility3532 Views
Gutiérrez backs P.R.’s last-ditch appeal for help in D.C.
December 10, 2015
WASHINGTON — Vowing he’d refuse to support legislation “that does not respond to the needs of the people of Puerto Rico,” Rep. Luis Gutiérrez (D-Ill.) promised Tuesday he’d do everything in his power to help the island overcome its fiscal nightmare.
chat_bubble0 Comment
visibility3949 Views
Retailers peg annual shoplifting-related losses at $490M
December 10, 2015
Puerto Rico retailers and the government are losing some $490 million in annual revenue as a result of shoplifting and organized crime, members of the Puerto Rico Marketing, Industry and Food Distribution Chamber said Wednesday.
chat_bubble0 Comment
visibility3776 Views
American Cut Bar & Grill to open in P.R. is 1st for chain
December 10, 2015
When it opens next Tuesday at The Mall of San Juan, the American Cut Bar & Grill restaurant will become the first of its kind that parent LDV Hospitality opens outside the U.S. mainland, and the flagship for the new concept that will be expanded to other stateside markets in the near future.
chat_bubble0 Comment
visibility4147 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA