$240M facelift takes off at Puerto Rico’s LMM airport
November 18, 2013
The highly anticipated facelift announced earlier this year for the Luis Muñoz Marín International airport has taken off at Terminals B and C, at a cost of $240 million, facilities operator Aerostar Airport Holdings confirmed Sunday.
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Puerto Rico CPAs to offer CIRA certification review, exam
November 18, 2013
For the first time in Puerto Rico, the Association of Insolvency and Restructuring Advisors, in coordination with the CPA Society, will be offering exams to be qualified as a Certified Insolvency and Restructuring Advisor.
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420K lbs. of long-grain rice harvested in Lajas Valley
November 18, 2013
Government officials celebrated Sunday the first successful harvest of rice in Puerto Rico in the last 30 years from seeds planted in the Lajas Valley in the summer.
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‘La Campechada’ event promises economic bonanza
November 15, 2013
La Campechada, San Juan's cultural-tourism event slated to take place this weekend, has proven to be a strong source of employment and economic movement for the municipality, promoting local businesses and creating more than 500 jobs in artistic fields in prior editions.
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OSJ businesses, artists have high hopes for ‘La Campechada’
November 15, 2013
Several restaurant managers and artisans in Old San Juan agreed that “La Campechada” is going to represent a positive economic boost for local artists and shops making a living in the historic city.
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Museum featuring Tufiño exhibit during ‘La Campechada’
November 15, 2013
Every country in the world is called upon to safeguard its culture to benefit future generations. Puerto Rico is no stranger to this custom and is proud to relive its culture by means of artistic proposals and workshops that allow its citizens to learn and develop their artistic flair.
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Lilly to invest $200M in Puerto Rico insulin production
November 15, 2013
In response to the growing diabetes epidemic and increasing demand for insulin around the world, pharmaceutical company Eli Lilly and Co. announced Thursday it will invest more than $700 million to enhance its insulin manufacturing capacity in Puerto Rico, France and China, as well as in its Indianapolis global headquarters.
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Fitch puts Puerto Rico’s GO, other debt on negative watch
November 15, 2013
Fitch Ratings placed the 'BBB-' ratings of the Commonwealth of Puerto Rico’s general obligation (GO) bonds, the Puerto Rico Building Authority government facilities revenue bonds guaranteed by the commonwealth, the Puerto Rico Aqueduct and Sewer Authority’s commonwealth guaranty revenue bonds, and the Employees Retirement System’s pension funding bonds on negative watch Thursday.
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Op-Ed: Why does Puerto Rico need a Farm Bill now?
November 15, 2013
This fall, Congress has an important opportunity to create jobs and grow the economy by passing a long-term, comprehensive Food, Farm and Jobs Bill.
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PRHTA welcoming the holidays with Saborea event
November 15, 2013
The Puerto Rico Hotel & Tourism Association announced Thursday details of the event through which it will officially welcome the holidays, the “Saborea Puerto Rico Winter Party.”
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Rock Solid to create 100 jobs in 3 years, expands office
November 15, 2013
After signing a contract to export human capital services with Fortis TCI, an electricity provider in the Caribbean, Puerto Rican company Rock Solid Technologies Inc., signed an agreement with the Puerto Rico Industrial Development Company to create 100 new computer engineering jobs over the next 36 months.
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Waffler Avenue cafés opening in San Patricio, Condado
November 14, 2013
Waffler Avenue, a local retail concept created by Puerto Rican entrepreneur Rey Ramón, will open this week in the San Patricio area of Guaynabo to offer its menu of Belgian waffles, specialty coffee and handcrafted chocolates.
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Puerto Rico Treasury steps up efforts against tax evasion
November 14, 2013
The Puerto Rico Treasury Department has referred three tax evasion cases to the Justice Department against corporations who failed to pay more than $3.6 million, Treasury Secretary Melba Acosta said Wednesday.
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Restaurants open in Santurce, Isla Verde
November 14, 2013
Metropolitan area foodies have two new options in fine dining with the recent openings of a pair of restaurants featuring very different menus. While newcomer Bodega Las Tablas in Santurce offers authentic Spanish fare, Salt Gastrobar in Isla Verde serves up modernist cuisine, combined with innovative luxury cocktails.
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Aerostar invests $5M in new jet bridges for LMM airport
November 14, 2013
Airport operator Aerostar Holdings recently invested $5 million on the purchase of five new jet bridges to be installed at the Luis Muñoz Marín International Airport’s Terminal D to serve Delta Airlines and U.S. Airways passengers, this media outlet learned.
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