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BNY Mellon objects to Cofina mediator compensation – Caribbean Business


BNY Mellon objects to Cofina mediator compensation
Caribbean Business
SAN JUAN – The Bank of New York Mellon (BNYM), which serves as trustee of the Puerto Rico Sales Tax Financing Corp. (Cofina by its Spanish acronym), and Lehman Brothers objected Tuesday to Cofina's disclosure statement that the U.S. District Court ...

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Fiscal board awaits data on video-lottery terminal revenue – Caribbean Business


Fiscal board awaits data on video-lottery terminal revenue
Caribbean Business
SAN JUAN – The Financial Oversight and Management Board for Puerto Rico said Monday that it has yet to receive the data it needs to determine that the off-casino gaming machines provision in the administration's tax reform bill will not offset revenue ...

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San Juan mayor: Trump has been a jerk to Puerto Rico – Caribbean Business

San Juan mayor: Trump has been a jerk to Puerto RicoCaribbean BusinessSAN JUAN – “He has been a jerk to the country.” That is how the mayor of San Juan, Carmen Yulín Cruz Soto, reacted to alleged remarks by President Trump about not wanting to send add...

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Fiscal board questions amendment to retirement law that would benefit mayors – Caribbean Business


Fiscal board questions amendment to retirement law that would benefit mayors
Caribbean Business
SAN JUAN – The executive director of Puerto Rico's Financial Oversight and Management Board, Natalie Jaresko, on Monday questioned Senate Bill 1148, which proposes to retroactively change the date that applies to participants that entered the ...

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Puerto Rico vacationers get access to ‘Hamilton’ tickets – Caribbean Business


Puerto Rico vacationers get access to 'Hamilton' tickets
Caribbean Business
SAN JUAN – The executive director of the Puerto Rico Tourism Co. (PRTC), Carla Campos, announced details on the sale of “Hamilton” tickets set aside for the government corporation to promote travel to the island. Lin-Manuel Miranda will reprise his ...

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