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DNER begins Green Stations' recycling program at Rincón beaches
Issued: May 2, 2015
In order to promote the practice of disposing solid waste properly at beaches, the Department of Natural and Environmental Resources (DNER)...
Prepa granted 35-day extension
Issued: May 2, 2015
Puerto Rico Electric Power Authority (Prepa) bondholders are granting the utility a 35-day extension on its forbearance agreement, which was set to...
Bhatia extols energy reform, urges private sector to find fiscal solutions
Issued: May 1, 2015
During the Competitiveness Summit of the Puerto Rico Manufacturers Association (PRMA), Senate President Eduardo Bhatia went over the achievements of...
Fitch: GDB rule fuels competition for deposits
Issued: May 1, 2015
Recent Puerto Rico legislation will force some entities to withdraw deposits from private banks in favor of the newly expanded government banking...
Governor: Puerto Rico must be prepared for government shutdown
Issued: May 1, 2015
Gov. Alejandro García Padilla warned on Friday that the island should be prepared for a government shutdown. The director of the Puerto Rico Office of...
Cementos Argos increases presence in Puerto Rico
Issued: May 1, 2015
Colombia’s Cementos Argos has acquired a majority stake in Wetvan Overseas, which operates a terminal for the reception, storage and distribution of...
Eastern’s landing in Puerto Rico harkens back to one of Big-4’s heyday
Issued: May 1, 2015
Eastern Air Lines, along with United, Delta and American, was one of the U.S. "Big Four" for nearly 50 years. ...
FDIC terminates First BanCorp. consent order
Issued: May 1, 2015
First BanCorp. announced Thursday that its wholly owned banking subsidiary, FirstBank Puerto Rico, received notification from the Federal Deposit...
A.M. Best affirms MAPFRE PRAICO group ratings
Issued: May 1, 2015
A.M. Best has affirmed the financial strength rating of A (excellent) and the issuer credit rating of “a” for MAPFRE PRAICO Insurance Co., its wholly...
Governor delivers State of the Commonwealth
Issued: May 1, 2015
In his State of the Commonwealth address Thursday, Gov. Alejandro García Padilla outlined the steps his administration will take after the defeat of...
House rejects tax reform
Issued: May 1, 2015
After a session that ran past 3 a.m. Thursday, the Puerto Rico House of Representatives voted down the tax reform bill after failing to secure enough...
Tim Hwang to be Mega Viernes Civil’s keynote speaker
Issued: May 1, 2015
American Internet entrepreneur Tim Hwang, 23, who some predict could be the next Bill Gates or Steve Jobs, will be the keynote speaker during the...
Puerto Rico’s 2014 GO issue paying record yields
Issued: April 30, 2015
With Puerto Rico lawmakers at loggerheads over tax changes needed to back a $2.9 billion bond sale to end the commonwealth’s cash crunch, the $3.5...
InselAir introduces direct San Juan-Aruba flights
Issued: April 30, 2015
Caribbean airline InselAir, which is based in Curacao, announced Thursday that starting July 2, the carrier will be offering direct flights between...
Study: Global warming to push 1 in 13 species to extinction
Issued: April 30, 2015
Global warming will eventually push 1 out of every 13 species on Earth into extinction, a new study projects. ...
LULAC brings health fair to Ponce
Issued: April 30, 2015
This year, the League of United Latin American Citizens (LULAC), will kick off its health fair series entitled, Latinos Living Healthy: Feria de Salud...
Importers without port bond to now be taxed through merchant portal
Issued: April 30, 2015
Puerto Rico Treasury Secretary Juan Zaragoza announced that as of May 1, importers without a ports’ bond will join the Integrated Merchant Portal...
Tim O’Reilly, others to be featured at Puerto Rico Tech Summit
Issued: April 30, 2015
O’Reilly Media founder Tim O’Reilly will be one of the keynote speakers at the upcoming Tech Summit Puerto Rico 2015 event, the island’s chief...
Vega Ramos, Natal Albelo reject tax reform
Issued: April 30, 2015
Popular Democratic Party (PDP) Reps. Luis Vega Ramos and Manuel Natal Albelo explained in a written statement that they voted against the tax reform...
Waldorf Astoria offering $50 nightly credit in its Puerto Rico, Florida resorts
Issued: April 30, 2015
Waldorf Astoria's resorts in Puerto Rico and Florida are offering travelers a "Best of Waldorf Astoria" promotion to receive a $50...
Taubman Centers issues 1Q results
Issued: April 29, 2015
Taubman Centers Inc. reported its financial results for the first quarter of 2015. ...
House tax reform bill to affect adopters of Acts 20, 22
Issued: April 29, 2015
The latest tax reform bill slated for vote at the House would introduce several changes to Acts 20 and 22 of 2012, the tax incentives package aimed at...
SBA partner Women’s Business Institute to be honored at White House
Issued: April 29, 2015
The U.S. Small Business Administration is recognizing the 2015 National Small Business Week resource partner awardees for their achievements in...
Puerto Rico shines at FIAP 2015 ad festival
Issued: April 29, 2015
Summer means advertising festival season in the local and world scenes, and Puerto Rico is already making headlines with the quality of its creative...
U.S. Treasury Secretary calls Puerto Rico governor; GDB: Tax reform should keep 'essence' of original bill
Issued: April 29, 2015
U.S. Treasury Secretary Jacob Lew called Gov. Alejandro García Padilla Tuesday regarding the measures Puerto Rico is taking to lift its economy. ...


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