Economic Development and Commerce Secretary Alberto Bacó-Bagué spoke Tuesday to business leaders and start-ups at the National Black and Latino Council’s Black, Brown and Green Sustainability Summit about Puerto Rico’s entrepreneurial business growth and idea cultivation.
Global Finance recognized Popular Inc. as one of the “World’s Best Consumer Internet Banks in Latin America” for the fourth time and marking a first, as “Best for Social Media.”
Educated Investor recently awarded transaction processing firm EVERTEC the silver for successfully participating in the Financial Fitness Challenge, an event organized in Puerto Rico by the Office of the Commissioner of Financial Institutions’ Institute for Financial Education in collaboration with the Society for Human Resources Management.
Despite word that court-ordered talks between the government and Doral Financial Corp. had broken down late Friday, representatives from both parties confirmed negotiations are still on the fate of a $229 million tax refund the bank is claiming from the government.
Luca Center and PRSoft have entered into a strategic alliance that provides a 20 percent discount on the 2014 and 2015 versions of software programs PRTax, PRCorp, PRPay, PropTax and PRivu to individuals who sign up for the $299 annual Luca Center membership by Sept. 30.
The Puerto Rico Convention Center ranked 26out of 50 on ConventionSouth magazine’s list of “The South’s 101 Largest Expo Halls” for 2015.
The Economic Development Bank unveiled Thursday an online banking tool that allows its commercial clients to apply for loans and follow through on their applications, becoming the first financial institution in Puerto Rico to offer this type of service.
The Mall of San Juan, Puerto Rico’s newest shopping and dining destination now under construction, donated 75 laptop computers to neighboring Dr. Cesáreo Rosa Nieves School in a brief ceremony that took place Thursday.
With an investment of $1.8 million and the creation of 17 new jobs, GM Security Technologies recently inaugurated a state of the art Critical Incident Response and Replication Center to monitor, analyze and manage threats and new opportunities for clients.
Two government agencies, the Department of Transportation and Public Works and the Puerto Rico Telecommunications Regulatory Board, signed a collaborative agreement Tuesday to develop new broadband infrastructure that will initially be deployed in San Juan’s Santurce sector.
Credit ratings agency Fitch said Tuesday it believes that a restructuring of Puerto Rico Electric Power Authority's debt obligations remains likely, despite the forbearance agreements between PREPA and certain of its creditors (including bondholders) signed on Aug. 14.
Metropolis Apartments, a new, 185-apartment building in the heart of Hato Rey, was officially inaugurated Tuesday to offer social-interest housing opportunities for the next 30 years.
The Puerto Rico Science, Technology and Research Trust has earmarked close to $5 million for a grants program focused on proposals presented by scientists and researchers related to the development and research in the fields of natural sciences, biotechnology, aerospace technology, communication, medical innovations, electronics, clean and renewable energies and related sciences, Iván Ríos-Mena, acting executive director of the PRST, said.
SAP Caribbean Forum, an event focusing on technology and business in the region, will be held Aug. 28 at the La Concha Hotel in San Juan, when local and international entrepreneurs and experts affiliated with the software company will meet and present the latest advances and technologies aiming to usher in “a new era of efficiency and competitiveness.”
The Puerto Rico Electric Power Authority announced Thursday that discussions with its creditors have resulted in agreements that provide the agency with a “consensual path forward to improve its operations and financial situation.”
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