Impactivo gets $14K award to fight pregnancy issues
May 11, 2015
Puerto Rico-based social impact consulting firm Impactivo has been approved for a $14,994 award by the Patient-Centered Outcomes Research Institute (known as PCORI) to support a project on Hispanic Communities Reducing Complications around Pregnancy and Childbirth.
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Starbucks launches loyalty program in Puerto Rico
May 11, 2015
Starbucks Puerto Rico has launched its rechargeable card as part of its “My Starbucks Rewards” customer loyalty program.
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Bahía Plaza, retail tenants announced for Paseo Caribe
May 7, 2015
CPG Real Estate, the company tasked with developing the upscale Paseo Caribe project in San Juan, announced Wednesday the arrival of high-profile retail tenants, as well as the availability of residences at Bahía Plaza, the newest of the three towers at the complex.
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P.R. ranks 55th on WEF’s tourist-friendly countries list
May 7, 2015
Puerto Rico positioned itself 55th out of 141 of the globe’s most tourist-friendly countries listed in the World Economic Forum’s global Travel & Tourism Competitiveness Index released Wednesday.
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$70M Mennonite hospital planned for Coamo golf course
May 7, 2015
With an initial investment of some $70 million, the Mennonite Health System will begin construction of the first and only hospital located on the grounds of a golf course in Puerto Rico.
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Money Express marks 20 years despite market volatility
May 7, 2015
Small loans company Money Express, a FirstBank sister operation, is marking 20 years of doing business in Puerto Rico, where it commands a 22 percent market share with a $104 million loan portfolio.
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Robot that serves frozen yogurt debuts in Cayey
May 7, 2015
Puerto Rican firm Robofusion PR on Wednesday unveiled what is possibly the island’s first robot-operated frozen yogurt machine, up and running at the Econo grocery store in Cayey.
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Airline Volaris launching Mexico-Puerto Rico route
May 6, 2015
Volaris, the ultra low cost Mexican airline servicing Mexico and the United States, announced Tuesday the introduction of new international service between Cancún and San Juan, starting July 2nd.
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Telecom Board edifying on human rights in Internet era
May 6, 2015
The Puerto Rico Telecommunications Board is heading a collaborative effort with the Baltasar Garzón International Foundation, headed by Spanish Judge Baltasar Garzón, to educate local judges and attorneys on human rights in the Internet era.
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Long-time Bankers Association executive VP retires
May 6, 2015
Arturo Carrión, who for the last 29 years served as executive vice president of the Puerto Rico Bankers Association, is retiring from his post on June 30, when he will be succeeded by Zoimé Álvarez-Rubio, trade group President José Rafael-Fernández announced Tuesday.
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Nationwide Planning enters Puerto Rico market
May 6, 2015
Nationwide Planning Associates, a Financial Industry Regulatory Authority-regulated broker-dealer, has entered the Puerto Rico market to offer its full-service financial model to individuals, businesses, financial intermediaries, and institutions.
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Popular Community Bank gets nod for backing savings
May 6, 2015
Washington-based trade association Financial Services Roundtable recently recognized Popular Community Bank with a “Save 10” award for helping employees prepare for a secure retirement by enabling them to save 10 percent of their income.
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Cuts loom as gov’t confirms $441M deficit for Fiscal ’16
May 5, 2015
Members of Gov. Alejandro García-Padilla’s fiscal team confirmed Monday the government will likely have to implement cutbacks across the board to address the $441 million deficit it is facing for the start of Fiscal 2016.
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AT&T pumps $290M into Puerto Rico network in 3 yrs
May 5, 2015
AT&T said Monday it has invested nearly $290 million in its wireless and wired networks in Puerto Rico between 2012 through 2014, “driving a wide range of upgrades to reliability, coverage, speed and performance for residents and business customers.”
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First BanCorp reports $25.6M in 1Q15 net income
May 5, 2015
First BanCorp., the bank holding company for FirstBank Puerto Rico on Monday reported net income of $25.6 million for the first quarter of 2015, or $0.12 per diluted share, compared to $330.8 million, or $1.56 per diluted share, for the fourth quarter of 2014 and $17.1 million, or $0.08 per diluted share, for the first quarter of 2014.
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