Two locally recognized executives, Miguel A. Ferrer and Gabriel Hernández, have pooled their knowledge to launch a publication entitled “Puerto Rico is the Answer” that highlights the advantages Puerto Rico offers in a wide range of sectors to the investment community.
Puerto Rico’s high asthma rates, and recycling and pollution prevention efforts were some of the issues on the agenda of a meeting that took place late last week between the U.S. Environmental Protection Agency and local government representatives in New York, the agency said Monday.
After 51 years in New York, Banco Popular, a division of Popular Inc., will become Popular Community Bank on June 4 with signage and related rebranding changes at 32 branches in New York City and seven in New Jersey.
Public affairs and digital marketing services agency Burson-Marsteller announced Tuesday the appointment of Lynnette Teissonniere as market leader for its operation in Puerto Rico. Teissonniere will be based in San Juan and will report to Ramiro E. Prudencio, president of Burson-Marsteller Latin America.
It is the general belief that it is bad for a government to have a deficit or be shoulder-deep in debt. However, while it is “perfectly legitimate” for public administrations to have shortfalls and finance them with debt, what is dangerous is when the practice leads to unsustainability.
It really, really unnerves me whenever a journalist or talk show host — especially on the radio — while criticizing or making fun of a politician’s discourse, event or photograph in the news media, almost always identifies the action as a “public relations gimmick” or “public relations stunt.”
The Ford Dealership Association and the Antique Cars Fair donated $15,000 to Hogar Cuna San Cristobal, representing the proceeds of a raffle of a Ford Fiesta during the event held last weekend.
The luxe Copamarina Beach Resort & Spa in the southwestern town of Guánica is getting a $1 million upgrade this year that includes a complete makeover of its 106 rooms and the addition of new entertainment options for guests, hotel General Manager Rabín Ortíz told News is my Business.
Local private equity lender Moneyhouse is celebrating its fifth anniversary this month and is marking the milestone by outlining its accomplishments thus far, namely closing on more than $675 million in loans, of which 40 percent — or $275 million — are reverse mortgage cases.
Doral Bank announced Wednesday plans to increase its ATM network by more than 100 percent with the addition of 55 new machines at Walgreens drugstores islandwide. The expansion should push the number of ATMs to about 200, company officials said during a morning news conference.
First BanCorp, parent of FirstBank Puerto Rico reported a net loss of $14.8 million for the fourth quarter of 2011, compared to a net loss of $24 million for the third quarter of 2011 and a net loss of $251.4 million for the same year-ago period in 2010.
If the results of the first quarter of the federal fiscal year are any indication, 2012 should be good for small and mid-sized business lending activity in Puerto Rico and the U.S. Virgin Islands, which is already picking up significantly in contrast to last year’s results.
With 17 years of experience in producing and distributing highly nutritious food under its belt, Happy Products is now ready to expand beyond the island’s institutional market and into the retail sector and abroad, company officials said during a news conference Wednesday.
UPS Puerto Rico customers can now use their smartphones to track packages, calculate shipping rates and find the delivery company’s nearest location following the inclusion of 35 additional countries and territories in its mobile website.
AT&T Puerto Rico will be receiving the first shipment of iPhone 4S devices, in black and white casings, this Friday, when stores will open at 8 a.m. for customers who did not pre-order Apple’s latest smartphone, company officials announced Tuesday.
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