BBVA Microfinance Foundation gets U.N. award
December 10, 2012
The Principles for Social Investment Secretariat and United Nations Global Compact have distinguished BBVA with the “Social Investment Pioneers Award” in the category of Social Business, for its contribution to the communities in which it operates through the BBVA Microfinance Foundation project.
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Op-Ed: Puerto Rico needs to be proactive, productive, transparent
December 10, 2012
With a change of government at hand and a new year ahead, it would be interesting to dare imagine a vision of a proactive, efficient and transparent Puerto Rico, that is, the opposite of what we have today in many respects.
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Plaza del Caribe adding Longhorn Steakhouse
December 10, 2012
As part of the $3.5 million remodeling of the Plaza del Caribe shopping center’s food court, mall operators recently confirmed the addition of the first Longhorn Steakhouse restaurant to open in Puerto Rico’s southern region, and the sixth on the island. The eatery will occupy 6,580 square feet of the food court and is expected to open in April.
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Bella Group takes over Mazda’s Puerto Rico operations
December 7, 2012
Mazda North American Operations announced the appointment of International Automotive Distributor Group, LLC (IADG), the newest venture of Bella Group, as the distributor for Mazda cars and sport utility vehicles throughout Puerto Rico and the U.S. Virgin Islands, effective Dec. 28, 2012.
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Columbus Networks pumping $7M into Puerto Rico operation in ’13
December 7, 2012
Columbus Networks plans to invest $7 million to continue expanding its broadband infrastructure in Puerto Rico next year, adding to the $10 million the company has already pumped into its local operation since arriving to the island in 2010.
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2nd edition ‘App Idol’ competition winners chosen
December 7, 2012
A group of talented young Puerto Ricans got a chance to demonstrate their technological and creative savvy in mobile applications during the second edition of the “App Idol, Reloaded” competition sponsored by Microsoft Puerto Rico, the Economic Development and Commerce Department and the Puerto Rico Gamers Association.
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UPR, Turabo get $200K EPA grants for pollution prevention projects
December 7, 2012
The U.S. Environmental Protection Agency (EPA) has awarded nearly $200,000 in pollution prevention grants to the University of Turabo and the University of Puerto Rico’s Aguadilla campus to fund projects that will help prevent pollution in Puerto Rico.
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FirstBank in alliance with Ballet Concierto de Puerto Rico
December 7, 2012
To help break the economic dependence cycle of female victims of domestic violence and other socially disadvantaged women, FirstBank awarded a $5,000 donation to Ballet Concierto de Puerto Rico (BCPR) to provide training in sewing and work for 34 weeks to two participants of Casa Protegida Julia de Burgos and Hogar Buen Pastor.
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‘Grow Your Business with UPS’ launches in LatAm, Caribbean
December 7, 2012
UPS announced the launch of “Grow Your Business with UPS,” an online promotional program aimed at both new and current customers. This is the first initiative of its kind in the region, and it will be available in Argentina, Brazil, Dominican Republic, Mexico, and Puerto Rico.
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SBA adds COOPACA as new 7(a) lender in Puerto Rico
December 7, 2012
The U.S. Small Business Administration (SBA) announced that it has given authority to Cooperativa de Ahorro y Crédito de Arecibo, better known by its acronym COOPACA, to provide financial assistance to small businesses under SBA’s 7(a) Loan Guaranty Program.
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Anna’s Linens heads west with store in Mayagüez
December 7, 2012
Anna’s Linens announced that, after the favorable reception it has had since entering the local market, the retailer decided to open its sixth store in Puerto Rico ahead of schedule. The new 15,000-square-foot store — the home goods retailer’s largest store in Puerto Rico — is located at the Mayaguez Mall, at Borders’ former location, and it required an investment of approximately $900,000. The store is scheduled to open its doors Dec. 13.
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Ex Puerto Rico Treasury Sec. Méndez to head Doral’s retail, mortgage banking
December 6, 2012
Doral Bank President Glen Wakeman today announced the appointment of Jesús Méndez as executive vice president of operations of the bank’s retail and mortgage banking operations in Puerto Rico.
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U.S. Census survey gauges Puerto Rico’s schooling, jobs, housing
December 6, 2012
Salinas is the town with the highest level of preschool or nursery school enrollment, while Dorado has Puerto Rico’s highest level of residents holding at least a bachelor’s degree, according to the recent American Community Survey released Thursday by the U.S. Census Bureau.
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Guayacán picks EnterPRize competition winners
December 6, 2012
CitaMed.net, a start-up company that offers a fully automated medical appointment confirmation service for doctors appointments and other healthcare-related visits walked away as this year’s winner of the eighth annual edition of the “EnterPRize” business plan competition, sponsored by Grupo Guayacán.
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Toyota introduces Avalon ’13, hybrid model next year
December 6, 2012
Toyota de Puerto Rico unveiled Wednesday its new, redesigned Avalon 2013, which combine styling, innovation, and an elevated level of craftsmanship to help reposition the flagship sedan within the highly competitive premium mid-size segment.
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