Verdanza Hotel management betting on good 5th year
December 31, 2013
The Verdanza Hotel, an independent full-service hotel, is entering its fifth year of operations with optimism and betting on a good peak tourism season that will fuel its projects in 2014, and beyond.
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Developer: Cayo Largo hotel in Fajardo to open in ’17
December 31, 2013
Nearly two decades after it was first unveiled with massive enthusiasm — only to be held up by a protracted legal battle that basically left it in shambles — the Cayo Largo hotel development project is finally expected to move forward in Fajardo starting next year, for an opening in 2017, this media outlet learned.
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Yogen Früz chain grows to 30 stores in Puerto Rico
December 31, 2013
Frozen yogurt franchise Yogen Früz has increased its presence in Puerto Rico to 30 stores with the recent opening of two new locations at the Rexville Town Center in Bayamón and Galería Juncos, company officials confirmed.
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Puerto Rico P3 Authority appoints project advisors
December 30, 2013
The Puerto Rico Public Private Partnership Authority recently announced the appointment of several advisory firms for key projects in the pipeline, namely, the commuter train from Caguas to San Juan, a new women’s correctional facility, a new men’s correctional facility, and the conversion to natural gas of the Puerto Rico Electric Power Authority plants.
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Puerto Rican impresarios dipping into chocolate-making
December 30, 2013
Making and selling artisan chocolates in Puerto Rico has become a competitive option for local small businesses, which are already dipping into a growing economic sector.
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Op-Ed: Puerto Rico needs to jump on developing C&IT
December 30, 2013
I was glad to see the story on H. Calero’s views on the IT industry. The communications and information technology (C&IT) industry has been the focus of attention in a number of studies at least going back to the 1999-2000 A.D. Little/Estudios Técnicos Inc. study on S&T based economic development strategies.
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Town of Hormigueros inaugurates 1st greenhouse
December 30, 2013
Following an investment of $234,000 the town of Hormigueros recently inaugurated its first greenhouse dedicated to producing green peppers, tomatoes and other produce varieties, said town Mayor Pedro García- Figueroa, during an event at the San Romualdo community.
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Tums Puerto Rico unveils new Facebook page
December 30, 2013
Puerto Rico has a new social networking space with new and up-to-date information about festivals, gastronomic events and entertainment in general with the official launch of Tums’ new Facebook page for the island market:.
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Puerto Rico needs to focus on information tech sector
December 27, 2013
At a time of slow growth and continued volatility, many countries are looking for policies that will stimulate growth and create new jobs. Information communications technology (ICT) is not only one of the fastest growing industries — directly creating millions of jobs — but it is also an important enabler of innovation and development.
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Puerto Rico’s “Lemon Law” still under evaluation
December 27, 2013
A House Bill that could pave the way for the creation and implementation of a “Lemon Law” for Puerto Rico is under evaluation, six months after public hearings for the measure that would help protect consumers from defective vehicles were held in early June, this media outlet has learned.
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Bella Group launches used cars roadside assistance plan
December 27, 2013
Bella Group, a Puerto Rican company dedicated to distributing and selling vehicles, has launched a roadside assistance program for used car owners, known as “Bella Pre-Owned Road Assistance.”
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Turtle Bay Inn joins Tourism Co.’s ‘paradores’ program
December 27, 2013
The Puerto Rico Tourism Co.’s “paradores” program recently added its 18th member, with the inclusion of the eco-friendly Turtle Bay Inn in the La Parguera sector in Lajas, the agency’s Executive Director Ingrid Rivera-Rocafort recently announced.
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Fewer gov’t workers a problem for Ombudsman’s Office
December 26, 2013
The reduction in government employees is hampering the capability of the Puerto Rico Citizen Ombudsman’s Office’s and that of government agencies themselves to speedily resolve complaints filed by citizens, said the second-in-command at the agency charged with representing the interests of the public. According to Deputy Ombudsman Héctor A. Morales Martinez, complaints filed by citizens […]
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Puerto Rico banking regulator sees tough year ahead
December 26, 2013
Following a year during which Puerto Rico’s banking sector has been mindful of its operating costs and some have specialized in areas where they believe to be most competitive, 2014 is expected to continue posing “serious challenges,” especially since the island’s economy is facing challenges of its own, Office of the Financial Institutions Commissioner Rafael Blanco predicted during a recent interview.
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DACO to review deceptive practices and ads regulation
December 26, 2013
In the wake of this year’s somewhat chaotic Black Friday sales event, the Consumer Affairs Department will take it upon itself to review the Regulation Against Deceptive Practices and Advertisements to, among other changes, require tighter language from retailers when it comes to special offers and item descriptions.
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