Government Development Bank President Melba Acosta announced Thursday the filing of legislation containing measures to improve the fiscal and financial situation of the Puerto Rico Highways and Transportation Authority.
More than three years after first proposing the construction of a $750 million Resource Recovery Facility — or waste-to-energy — plant in Arecibo, Albany, NY-based Energy Answers confirmed Thursday that the Puerto Rico Environmental Quality Board of Puerto Rico granted the Air Quality Location and Construction Final Permit needed to move forward with the project.
José Rafael Fernández, president of OFG Bancorp and its subsidiary, Oriental Bank, headed a delegation of company employees and clients, to ring the closing Bell of the New York Stock Exchange Thursday, celebrating the bank’s 50th anniversary and the 20th anniversary of OFG Bancorp’s exchange listing.
Some 7,000 Puerto Rican professionals from a gamut of sectors applied for a Department of Education-backed free conversational English course that had only 550 spaces available, showing the need for this type of education to language skills, officials from America Aponte & Associates, the company hired to teach the classes, said Tuesday.
Liberty Puerto Rico announced Tuesday that effective March 15, 2015, Google’s Google Apps ISP will stop supporting all e-mail addresses in its service, including those for the onelinkpr.net domain.
First BanCorp., the bank holding company for FirstBank Puerto Rico, reported Monday net income of $23.2 million for the third quarter of 2014, or $0.11 per diluted share, compared to $15.9 million, or $0.08 per diluted share, for the third quarter of 2013.
The Puerto Rico International Auto Show, a highly anticipated event by local car enthusiasts, kicked off its 16th edition at the Plaza Las Américas shopping center with an exhibit by leading motor vehicle distributors who have come together to present their 2015 models. The event runs through Nov. 3
A delegation of 13 Puerto Rican companies will exhibit their products at the Americas Food & Beverages Show event, which will take place Oct. 27-28 at the Miami Beach Convention Center, said Puerto Rico Trade and Export Executive Director Francisco Chévere on Monday.
Sun West Mortgage Company Inc. announced Monday it has closed 95 percent of the mortgage loans filed for apartments at the Ciudadela high-rise in Santurce.
News is my Business, now approaching its fourth anniversary, has gained a significant international following in the last quarter, since its integration into the New York-based Dow Jones News Service.
Citing local and federal Constitutional rights that establish freedom of information, New Progressive Party Rep. José Enrique Meléndez filed a lawsuit against the Government Development Bank and Gov. Alejandro García-Padilla, asking the court to order them to release reports crafted by private firms proposing a restructuring of Puerto Rico’s economy.
Bahía Urbana, a mixed-use entertainment venue in the San Juan Bay area, will close 2014 with more than 100 events between box office and free events for the community, and an estimated 250,000 attendees, General Manager Linnette Isona said.
A renewed slide in investor confidence, on the heels of worsening economic and budgetary trends in Puerto Rico, raises the specter that in the absence of enlightened political leadership in San Juan, the U.S. Congress may soon have to establish a federal oversight board to manage the Commonwealth’s grave fiscal situation.
Integrated communications campaign “I Love Puerto Rico Tomatoes” promoting the local tomato harvest for 2014, received top awards by the Puerto Rico Sales and Marketing Association during the recently held annual Marketing Excellence Awards Summit.
Popular Inc. reported Wednesday net income of $62.6 million for the third quarter ended Sept. 30, which represents a 72 percent drop when compared to the $229.1 million reported for the same year-ago period.
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