Friday, December 3, 2021

Latest News

  • Ports Authority Completes Project at Mercedita International Airport

    The Puerto Rico Ports Authority (APPR by its Spanish acronym) completed a waterproofing project at the terminal for arrivals at the Mercedita International Airport in Ponce, enabling the facility’s use.  During the passage of Hurricane María in...

    • Posted August 25, 2021
  • GuideWell to Acquire Triple-S Management

    GuideWell Mutual Holding Corporation (“GuideWell”), a health solutions company and parent of Blue Cross and Blue Shield of Florida, Inc. (“Florida Blue”), and Triple-S Management Corporation (“Triple-S Management”) (NYSE: GTS), a health care services company in Puerto...

    • Posted August 25, 2021
  • Global Market Square

    The U.S. and European stock markets ended the session Tuesday recording all-time highs in a stark departure from last week’s sharp losses. As the concerns of the covid delta variant seem to be leveling off, most investors...

    • Posted August 24, 2021
  • Let’s live by the Law of Abundance!

    BY ALMA IRIS ACOSTA MAIN LEADER PRMA CONVENTION CEO AT MSSS & MANAGEMENT EVENTS For more than a year Puerto Rico has endured the effects of the Covid-19 pandemic, a challenge not only to our physical health...

    • Posted August 21, 2021
  • Global Market Square

    The U.S. and European stock markets ended the week with gains, but not enough to make up for the losses accumulated during the week. This week, the Dow Jones lost 395.30 points, the S&P 500 lost 26.33...

    • Posted August 20, 2021
  • Prasa Issues $1.66 Billion in Refunding Bonds

    Prasa Executive President Doriel Pagán Crespo added that through the “successful pricing” of the bond deal, Prasa achieves average debt service savings of approximately $22 million per year.

    • Posted August 19, 2021
  • Aqueduct and Sewer Authority Accesses Capital Markets Once Again

    The commonwealth government announced today the successful placement of bonds of the Aqueduct and Sewer Authority (PRASA). According to an official press release, the measure will refinance Series A and B bonds of the public corporation. This...

    • Posted August 18, 2021
  • Commonwealth Issues 220,836 VACU-IDs in Less than a Week

    Since announcing the new system less than a week ago, the Commonwealth of Puerto Rico issued 220,836 digital vaccination credentials. According to the Innovation and Technology Services (PRITS) director, Enrique Völckers Nin, the new credential is available...

    • Posted August 16, 2021
  • Supreme Court Upholds Decision to Deny Haulage Rate Increase

    The Supreme Court of Puerto Rico upheld a decision of the Court of Appeals that denied a request by the Bureau of Transportation and other Public Services, a regulatory agency, to increase the haulage rates by 35...

    • Posted August 16, 2021
  • Malls Reduce Customer Capacity to Comply with COVID-19 Executive Order

    The majority of malls in Puerto Rico will limit the customer capacity to comply with the order issued by governor Pedro Pierluisi.

    • Posted August 13, 2021
  • LUMA Adamant Despite Adverse Rulings

    While LUMA Energy assured last week that it has improved services for most customers in its public-private partnership with the Puerto Rico Electric Power Authority (Prepa), the island’s Popular Democratic Party (PDP)-controlled Legislative Assembly continues its respective...

    • Posted August 12, 2021
  • Global Market Square

    The U.S. and European stock markets delivered gains across the board as the favorable jobs report showed that initial unemployment insurance claims had fallen 3.1%, elevating the streak to the third consecutive week that initial unemployment claims...

    • Posted August 12, 2021
  • Biden Tags $500 Million to Expand Vaccine Access and Health Services

    San Juan – The Biden Administration announced that the United States Department of Agriculture (USDA) would provide up to $500 million in grants to help rural health care facilities, tribes, and communities expand access to COVID-19 vaccines,...

    • Posted August 12, 2021
  • Governor Enacts Mandatory Vaccination for Private Employees

    Puerto Rico Gov. Pedro Pierluisi announced that starting on August 23 COVID-19 vaccination will be mandatory for all employees working in restaurants, bars, sports bars, theaters, cinemas, arenas, convention centers, and other establishments where citizens conglomerate. Executive...

    • Posted August 11, 2021