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Labor/HR | News is my Business
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Tourism & Transportation. Telecom & Technology. All posts in Labor/HR. A thriving labor force is vital for progress and the backbone of any business. PR, USVI get $566K in US Labor Dept. grants. April 29, 2016, No Comments. The US. Department of Labor on Thursday awarded $112 million to 50 state and territorial workforce agencies, including . Trade groups ask Legislature to hold off on labor bills. April 22, 2016, No Comments. Aon Hewitt study: P.R. salaries to increase slightly in ’16. Puerto Rico busin...
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High-ranking government officials tout P.R. austerity measures at NLGA conference | News is my Business
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Tourism & Transportation. Telecom & Technology. High-ranking government officials tout P.R. austerity measures at NLGA conference. Written by Michelle Kantrow. July 28, 2011 / Government. Gov Fortuño addresses NLGA participants Wednesday. The government cut operating costs by 10 percent, which included eliminating thousands of public-sector jobs, and reduced external contracts by 15 percent, among other steps taken. EDC Chief José Pérez-Riera (Credit: Mauricio Pascual). Meanwhile, EDC Secretary José Pére...
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GDB president berates Moody’s’ latest credit downgrade | News is my Business
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Tourism & Transportation. Telecom & Technology. GDB president berates Moody’s’ latest credit downgrade. Written by Michelle Kantrow. May 22, 2015 / Government. GDB President Melba Acosta. (Credit: Sin Comillas). Government Development Bank President Melba Acosta came down hard on Moody’s Investors Service’s decision to downgrade the Commonwealth’s credit rating deeper into junk status by saying the move shows ratings agencies are totally out of tune with what’s happening in Puerto Rico. I sincerely don’t...
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Antrocket.com: First Hispanic crowdfunding site takes off | News is my Business
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Tourism & Transportation. Telecom & Technology. Antrocket.com: First Hispanic crowdfunding site takes off. March 7, 2013 / Small Business. From left: Javier Torres and Guilfre Tort. Special to News is my Business. A group of Puerto Rican entrepreneurs, motivated by the desire to solve their own project financing challenges, on Wednesday launched Antrocket.com, the first Hispanic crowdfunding platform. The process begins when creators share their projects online with the crowdfunding community registered ...
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Insurance | News is my Business
http://newsismybusiness.com/category/financial-district/insurance-financial-district
Tourism & Transportation. Telecom & Technology. All posts in Insurance. Puerto Rico’s vibrant and internationally recognized insurance systems continuously strive for stability and growth. Assured has paid $205M in bond insurance claims. July 8, 2016, No Comments. Two bond insurance subsidiaries of Assured Guaranty Ltd. have made some $205 million in debt service payments to holders . New home insurer offers 20% refund for clean slate. June 8, 2016, No Comments. May 13, 2016, No Comments. New York-based ...
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Financial District | News is my Business
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Tourism & Transportation. Telecom & Technology. All posts in Financial District. Popular Community Bank adds branch, services in FL. August 26, 2016, No Comments. Popular Community Bank, a subsidiary of Popular Inc. announced Thursday the opening of a new retail branch in Aventura, . Bankers Assoc.: Task Force should review banking rules. August 24, 2016, No Comments. The Puerto Rico Bankers Association will be submitting a set of recommendations to the Congressional Task Force on Econo . PR credit union...
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Auto | News is my Business
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Tourism & Transportation. Telecom & Technology. All posts in Auto. With millions of cars on the road, this industry has long been an economic driver of Puerto Rico’s fast-moving culture. July is PR’s 4th straight month of positive new car sales. August 9, 2016, No Comments. Puerto Rico’s new car sales remained on the positive side for the fourth straight month in July, when 6,644 units were . Auto sales show steady growth for 2nd month in a row. June 8, 2016, No Comments. May 17, 2016, No Comments. After...
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Bondholders demand that gov’t pay $58M PFC debt | News is my Business
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Tourism & Transportation. Telecom & Technology. Bondholders demand that gov’t pay $58M PFC debt. August 7, 2015 / Government. GDB President Melba Acosta. OppenheimerFunds and Franklin Advisers, which represent Public Finance Corporation bondholders, sent a letter to Puerto Rico government officials demanding that they take all necessary actions to make the $58 million payment missed this week. The letter was sent to Government Development Bank President Melba Acosta-Febo, and all of the GDB Board members...
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Agriculture | News is my Business
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Tourism & Transportation. Telecom & Technology. All posts in Agriculture. Once the cornerstone of the island’s economy, the sector is facing challenges and undergoing changes to protect its production output. Gustos Coffee: Focus on local market first, export later. August 30, 2016, No Comments. Hidden in a Guaynabo industrial park and wedged among a department store, an air-conditioning distributor and a manu . 155M Lares hotel planned based on PR coffee tradition. August 29, 2016, 1 Comment. Now that m...
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Manufacturing | News is my Business
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Tourism & Transportation. Telecom & Technology. All posts in Manufacturing. Local and multinational firms of all sizes and types generate thousands of jobs and pump millions of dollars into the island’s annual GDP. PRMA to submit 4 proposals to Congressional task force. August 19, 2016, 1 Comment. The Puerto Rico Manufacturers Association will submit four specific proposals to the Congressional Task Force on Economi . Amgen names Puerto Rican exec to top corporate post. June 20, 2016, No Comments. Sartor...