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Caribbean Business Survey: Top 200 locally owned companies in Puerto Rico
By José Alvarado Vega From Caribbean Business Editor’s note: The following originally appeared in the Nov. 8-14, 2018, issue of Caribbean Business. The latest Caribbean Business survey of locally owned companies indicates resilience in the face of a slow recovery from hurricanes…
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Caribbean Business – 10 Caribbean-born multi-millionaires you should know
From NAN News Americas, NEW YORK, NY, Fri. April 27, 2018: Sadly, no Caribbean national made it onto Forbes’ most powerful person in the world list and few make it on to the magazine’s rich list. But there is no…
Uncertain How Governor Will Present Fiscal Plan to Board
By Luis J. Valentín From Caribbean Business SAN JUAN — On Oct. 14, Gov. Alejandro García Padilla will have his first at bat in front of Promesa’s fiscal control board, when he presents it with the latest version of his…
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ExoMars is speeding toward the red planet By Timothy J. Seppala From engadget But it’ll be at least seven months before the surface analysis missions begin. IMAGE: Kirill Kudryavstev via Getty Images In 2013 the European and Russian folks…
Conflict of Interest in Multimillion-Dollar Prasa Contracts Comes to Light
By Agustín Criollo Oquero From Caribbean Business SAN JUAN — The Puerto Rico Aqueduct & Sewer Authority (Prasa) awarded a series of lucrative contracts to three private companies that are closely related to a senior official of the public corporation,…
P.R. CofC has misgivings about proposed incentives to US corporations P.R. CofC has misgivings about proposed incentives to US corporations
By Eva Lloréns Vélez From Caribbean Business SAN JUAN – The Puerto Rico Chamber of Commerce (CofC) is not on board yet with other business groups on a proposal to be submitted to the congressional Task Force on Economic Growth…
Donahue’s Alix Gets $6.7M contract extension
BY PHILIPE SCHOENE ROURA AND EVA LLORENS VÉLEZ From Caribbean Business SAN JUAN – On the heels of what was described as a rather drawn-out meeting punctuated by several sticking points, the Puerto Rico Electric Authority’s (Prepa) board voted to extend…
La Fortaleza: GDB interest payment wasn’t made
By Luis J. Valentín From Caribbean Business SAN JUAN — After hours of much deliberation among Gov. Alejandro García Padilla and his administration’s fiscal team, a $28 million interest payment on Government Development Bank (GDB) debt due Aug. 1 failed to…
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YCLA finalist and father sued by Cayman Accountants Cayman accountancy firm Ernst and Young have filed a law suit against Samantha and Peter Widmer claiming $55,462.36 plus annual interest at 2.38% since May 2011 and costs. Samantha Widmer was a…
