Delta gearing up to open new $1.2B JFK terminal
May 20, 2013
Delta Airlines is about to make a big landing in New York’s John F. Kennedy International Airport this week when it will officially inaugurate its new state-of-the-art facility at Terminal 4, which it has been expanding an upgrading since November 2010 through a $1.2 billion investment.
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Mayagüez entrepreneur is SBA Puerto Rico’s small businessperson of the year
May 20, 2013
The Puerto Rico & U.S. Virgin Islands district office of the U.S. Small Business Administration honored José A. Irizarry, president of Centro Gomas del Oeste, with the 2013 Puerto Rico Small Business Person of the Year Award, during the closing ceremonies of Small Business Week on the island late last week.
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Banco Popular nabs 4 SME digital awards
May 20, 2013
Innovative tools and Banco Popular advertising campaigns received four awards from the Sales and Marketing Executives Association, during the trade group’s recent digital conference. The bank took recognitions in two categories for digital innovation and use.
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USDA offers tech assistance grants to rural businesses
May 20, 2013
U.S. Department of Agriculture Secretary Tom Vilsack announced that the agency is seeking applications from organizations that will provide technical assistance to rural businesses, through the Rural Development’s Rural Business Opportunity Grant (RBOG) program.
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Study: Puerto Rico Internet users growing, more ‘mobile’
May 17, 2013
Internet engagement continues growing in "leaps and bounds" in Puerto Rico, reaching 57 percent of use among island residents 12 and older, representing a little more than 1.8 million users, according to the results of the 2013 “SME Digital & Mobile Behavioral Study,” commissioned and revealed by the Sales and Marketing Executives Association Thursday.
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Puerto Rico’s jobless rate down to 13.7% in April as workforce shrinks
May 17, 2013
Puerto Rico’s unemployment rate dropped to 13.7 percent in April, reaching the lowest level since 2008. However, Labor Department data released Thursday also shows that the island’s labor force decreased by 10,000 to 1.1 million last month, when compared to the prior month and by 31,000 year-over-year.
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Puerto Rico Trade opens office to serve eastern region
May 17, 2013
Puerto Rico Trade Executive Director Francisco Chévere and Fajardo Mayor Aníbal Meléndez officially opened the new facilities of the Eastern Region Business Development Center with the goal of offering support to the area’s small and mid-sized businesses.
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Covidien, Coopervision to create 550 new jobs
May 16, 2013
Medical device manufacturers Covidien in Ponce and CooperVision in Juana Díaz confirmed Wednesday separate expansions that will create a combined 550 jobs in Puerto Rico’s southern region.
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Moody’s: Puerto Rico’s pension reform, IVU changes ‘credit positive’
May 16, 2013
Credit ratings agency Moody’s Investor Service issued a report Wednesday saying that Commonwealth employee retirement system (ERS, for short) reform and the projected changes to the sales and use tax system are both positives for the island’s credit, despite the ongoing fiscal indebtedness.
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Y&R launches ‘Labstore’ division to track shopper trends
May 16, 2013
Young & Rubicam unveiled Wednesday its new shopper marketing division, known as Labstore, through which it will develop strategies that “positively engage shoppers at the point of sale.”
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Former tourism chief appointed to PRCB helm
May 16, 2013
The Board of Directors of the Puerto Rico Convention Bureau announced Wednesday the appointment of Milton Segarra-Pancorbo as president and CEO of the nonprofit organization dedicated to driving meetings and conventions to the island. He will begin his tenure in early June.
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Agriculture brews plan to boost Puerto Rico coffee sector
May 16, 2013
Looking to rescue Puerto Rico’s dwindling coffee industry and increase production of the aromatic brew, Agriculture Secretary Myrna Comas-Pagán signed Wednesday several contracts to prompt the availability of 16 million coffee trees in the near future.
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$400M Caguas/SJ Novotrén project attracting takers
May 15, 2013
Interest in the Novotrén commuter train connecting Caguas to San Juan is apparently strong enough that more than half a dozen firms are waiting in the wings to participate in the bidding process for the project whose cost is estimated at $400 million.
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Mexican low-cost carrier Interjet ‘warming up’ SJU route
May 15, 2013
Mexico’s second largest air carrier, Interjet, made its debut in the Puerto Rico last night, with the arrival of its first chartered flight from Mexico City, carrying 150 passengers.
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Gov. signs 3 orders promoting renewable energy
May 15, 2013
With the intention of promoting the development of alternative renewable energy sources, Gov. Alejandro García-Padilla signed three executive orders Tuesday that establish an orderly plan that will gradually replace Puerto Rico’s high dependence on fossil fuel energy sources and set the rules for the use of new energy alternatives for the island.
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