Nielsen offers ‘Category Management: Beyond theory’ seminar
July 8, 2013
Market research firm Nielsen Puerto Rico will offer a seminar titled: “Category Management: Beyond theory,” July 10-11 at 8 a.m. at the Conrad Condado Plaza hotel, the company announced.
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Seaborne looking to launch Puerto Rico/DR routes
July 5, 2013
Regional carrier Seaborne Airlines is in negotiations with Dominican Republic transportation officials to launch flights between Puerto Rico and the neighboring island nation’s La Romana and La Isabela, as early as December, News is my Business learned.
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Invasive lionfish presents biz opportunities for Puerto Rico restaurants, fishermen
July 5, 2013
In the past five years, Puerto Rico has experienced an unprecedented surge in its lionfish population.
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Puerto Rico Treasury outlines ‘B2B’ tax exemption changes
July 5, 2013
The Puerto Rico Treasury Department announced Thursday it has issued a circular letter to guide retailers and service providers on changes in the Sales and Use Tax (IVU, by its initials in Spanish) exemption between business services, or "B2B", which took effect July 1.
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Universal Insurance opens customer service center in Canóvanas
July 5, 2013
Universal Insurance recently opened new customer service facilities in Canóvanas, where, starting July 8, it will transfer offices currently located at Plaza Escorial in Carolina, company officials announced.
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Arecibo’s National University College offers customer service seminar
July 5, 2013
National University College’s Arecibo campus recently offered a workshop titled “Interpersonal relations in labor and customer service areas,” sponsored by the school’s marketing department and aimed at small and mid-sized businesses.
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Puerto Rico Energy Affairs to assign $25M in rebates this year
July 4, 2013
The Puerto Rico Energy Affairs Administration has a $25 million budget to provide subsidies for eligible residential and commercial renewable energy projects, representing a 20 percent increase over the $20 million available for fiscal 2013, agency Executive Director José Maeso said Wednesday.
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A.M. Best places Atlantic Southern Insurance Co’s ratings under review
July 4, 2013
A.M. Best Co. has placed under review with positive implications the financial strength rating of C++ (Marginal) and the issuer credit rating of “b+” of Atlantic Southern Insurance Company in Puerto Rico.
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Puerto Rico Tourism Co. marks ‘paradores’’ 40th anniversary
July 3, 2013
A new marketing plan, discount getaway package offers, and entertainment events are some of the initiatives that the Puerto Rico Tourism Company is setting off to celebrate the 40th anniversary of family-owned “paradores,” and promote and increase occupancy at the small inns participating in the “Paradores de Puerto Rico” program.
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AT&T launches 4G LTE in St. Croix
July 3, 2013
AT&T has turned on the nation's fastest 4G LTE network in St. Croix, bringing customers the latest generation of wireless network technology.
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14 Puerto Rican companies participate in NY food fair
July 3, 2013
From the traditional “pitorro,” “mofongo,” and “coquito,” to artisan chocolate, typical Puerto Rican candies and coffee, were on display by 14 local companies who participated in this year’s edition of the “Summer Fancy Food Show” held in New York.
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Puerto Rico tax amnesty shores up $255M, beats expectations
July 2, 2013
Puerto Rico Treasury Secretary Melba Acosta said Monday the tax amnesty that concluded June 30 shored up $255 million for the government, beating expectations by 27 percent. The agency initially projected it would collect $200 million through the campaign.
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Banco Popular Puerto Rico sells $438M in bad residential loans
July 2, 2013
Banco Popular de Puerto Rico officials announced Monday the completion of the previously announced sale of a portfolio of non-performing residential mortgage loans with a book value and unpaid principal balance of approximately $438 million and $511 million, respectively. The all-cash transaction will reduce Popular’s non-performing residential mortgage loans by approximately 73 percent and total […]
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Frozen yogurt retailer Joybee looking to expand
July 2, 2013
Following the boom and broad acceptance of the frozen yogurt shop concept on the island, Puerto Rican company Joybee, is looking to expand its nutritious concept throughout the island by opening several new stores, company owners said Monday.
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Triple-S Vida to buy Atlantic Southern Insurance Company
July 2, 2013
Puerto Rican insurance firm Triple-S Vida announced Monday that it has signed a letter of intent to acquire competing insurer Atlantic Southern Insurance Co. for an undisclosed amount.
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