All posts tagged "featured story"

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  P.R. Treasury submits plan for distribution of new Covid-19 aid payments

  President Trump signs $900B pandemic relief package that will provide stimulus checks

  • Posted December 28, 2020
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  Government failed to comply with PROMESA with respect to each new Acts judge Swain ruled

  The Financial Oversight and Management Board for Puerto Ricowelcomes the Order by Judge Laura Taylor Swain of the U.S. District Court for the District of Puerto Rico to grant the Oversight Board’s motions and cross-motions for summary...

  • Posted December 24, 2020
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  P.R. Treasury Halts $219M in Federal Covid-19 Payments Fraudulently Claimed

  Illegal Applications for $1,200 Payments Likely Result of Off-island Identity Theft Ring, Parés says  SAN JUAN – Puerto Rico Treasury Department Secretary Francisco Parés Alicea said Wednesday that his agency halted $219.7 million in payments to individuals...

  • Posted December 24, 2020
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  Think Strategically – The Year 2021= 365 Opportunities

  frc@birlingcapital.com  In Puerto Rico, the Christmas season boasts being “the longest in the world”. Our Christmas is usually filled with parties, gatherings, parrandas, Puerto Rico’s version of Christmas caroling on steroids, lots of food, fun, and festive...

  • Posted December 21, 2020
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  $1.4B Refunding Bond Issue ‘Does Little’ to Improve Prasa’s credit, Moody’s Says

  Further Water Utility Debt Restructuring Possible Under Promesa, Credit Rating Agency Notes

  • Posted December 21, 2020
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  Oversight board calls for local cooperation to complete mandate

  Natalie Jaresko, stressed that “everyone agrees” that FOMB should “finish its mandate as soon as possible

  • Posted December 19, 2020
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  Report Shows Profitability in P.R. Banking Sector

  Despite a stagnating economy, an unrelenting fiscal and debt crisis, and a shrinking population, Puerto Rico’s banking sector has been able to maintain positive levels of profitability for three-consecutive years; however, a projected weakening of the economy...

  • Posted April 6, 2017
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  Contractors will submit up to 20 projects to Promesa revitalization coordinator

  SAN JUAN – The private sector is slated to submit some 20 infrastructure projects in February to the revitalization coordinator created by Promesa, who will determine if they are “critical projects” before running them through an expedited...

  • Posted January 24, 2017