As part of its 50th anniversary celebration, Oriental Bank unveiled Thursday its new corporate social responsibility platform dubbed “Social Innovation,” which pursues empowering communities to embark on entrepreneurship and economic growth.
The Universidad del Este and the U.S. Small Business administration have partnered to work together on a plan to “create, preserve, and expand” small businesses in Puerto Rico.
Eight years into a drive to build a $650 million waste-to-energy plant in Arecibo, the first of its kind in Puerto Rico, Energy Answers is moving closer to its goal. But roadblocks remain, including one serious enough to challenge the project's financial viability.
The U.S. Treasury Department announced Wednesday the transfer of more than $4.9 million in State Small Business Credit Initiative (SSBCI) funds to Puerto Rico to help local businesses access the capital they need to grow and hire.
A group of high-ranking officials participated Wednesday in the annual Code for America summit in San Francisco, where they unveiled an application known as “PrimerPaso” developed for Puerto Rico, to address government-specific problems.
EVERTEC Inc. announced Wednesday that it’s Board of Directors has approved a stock repurchase program that authorizes repurchases of up to $75 million of its common stock over the next 12 months.
Several large-scale construction projects are expected to inject more than $1 million into the island’s economy, along with thousands of jobs, government officials said Tuesday.
The Government of Puerto Rico took an important step Tuesday in its efforts to become a medical tourism powerhouse in the Caribbean and Latin America when the Department of Economic Development and Commerce signed an agreement with the Medical Tourism Association to have the MTA provide educational training aimed at obtaining certifications for service providers in Puerto Rico.
HealthSouth San Juan, the island’s first physical rehabilitation facility to establish itself in Puerto Rico, is marking 15 years of offering services to local residents as well as patients from the U.S. Virgin Islands.
Meet Puerto Rico has partnered with the Ricky Martin Foundation to educate the local tourism industry on the impact of human trafficking and its direct effect on the image of the destination, where the nonprofits claim it “is a reality and has serious implications.”
Wireless provider Claro announced this week its new lineup of calling plans featuring unlimited, no-contract offers for families looking to share services.
Investments made in Puerto Rico by companies performing research and development activities totaled $449.3 million in Fiscal 2013, up 3.3 percent in comparison to the total reported in 2009, the Puerto Rico Statistics Institute revealed.
Gov. Alejandro García-Padilla signed into law Senate Bill 110, which amends the “Law of the Authority for the Redevelopment of the Land and Facilities of the Roosevelt Roads Naval Station” to extend its term as a public corporation for an additional 30 years, or until the Authority complies with the agreements with the U.S. Department of the Navy.
The Puerto Rico Hotel and Tourism Association wrapped up its recent annual convention with a luncheon in which it announced this year’s winners of its excellence in tourism awards.
Pan-American Life Insurance Company of Puerto Rico, a member of Pan-American Life Insurance Group, a provider of insurance and financial services throughout the Americas, announced the introduction of PanaMed, a new limited benefit indemnity product.
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA