Puerto Rico’s regional airports offering free WiFi access
January 30, 2014
Puerto Rico Ports Authority Executive Director Víctor Suárez announced Wednesday that the regional airports in Aguadilla, Ponce, Ceiba, Vieques and Culebra are now offering free WiFi access as part of the agency’s plan to improve its infrastructure throughout the island.
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$292.6M in infrastructure projects in pipeline for ’14
January 29, 2014
The Infrastructure Financing Authority will begin construction this year of about 20 projects, representing an investment of $292.6 million and the creation of 3,504 jobs in Puerto Rico, agency Executive Director Grace Santana said Tuesday.
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Speaking in D.C., Villamil offers bleak economic forecast
January 29, 2014
José J. Villamil, one of Puerto Rico’s leading economists, offered a grim assessment of the island’s fiscal health during a lecture Tuesday at Washington’s Center for Strategic & International Studies.
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Puerto Rico’s jobless rate soars to 15.4% in Dec. ’13
January 29, 2014
Puerto Rico’s unemployment rate jumped by a full percentage point year-over-year in December, when it reached 15.4 percent, Puerto Rico Labor Department statistics revealed Tuesday.
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Meet Puerto Rico launches new branding campaign
January 29, 2014
Meet Puerto Rico, the organization responsible for marketing and selling Puerto Rico to the meetings and conventions market, launched its new branding and image campaign Tuesday, with the slogan “On a tropical island. In the Caribbean.”
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Electrolux Puerto Rico wraps up ’13 with 5% growth
January 29, 2014
After wrapping up 2013 with a 5 percent growth in total sales, the launch of a new line of appliances, and more than 20 new customers and distribution channels added to its portfolio, Electrolux Puerto Rico plans to hold up its business and service model this year with the goal of maintaining its operation as a major hub for the Central America and Caribbean region, company officials said.
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Lifestyle Footwear expanding in Moca, adding 182 jobs
January 29, 2014
Shoe manufacturer Lifestyle Footwear in Moca has invested $2.1 million to improve its plant and will add 182 new jobs to its payroll after securing a new contract from the U.S. Department of Defense, company and government officials announced Tuesday.
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Tourism execs, gov’t launch anti-illegal gambling push
January 28, 2014
The Puerto Rico Hotel and Tourism Association, in conjunction with the Puerto Rico Tourism Company, announced Monday the start of an educational campaign to urge island residents not to support illegal gaming.
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Reservists eligible to apply for SBA working capital loans
January 28, 2014
Small businesses that suffered economic losses when the owner or a key employee was called up to active duty are eligible to apply for a low interest loan of up to $2 million from the U.S. Small Business Administration, the agency announced Monday.
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Seaborne to fly SJU/Santiago, DR route starting Mar. 15
January 28, 2014
Seaborne Airlines announced Monday plans to start daily service to its 17th airport, from Luis Muñoz Marín International Airport in San Juan (SJU) non-stop to Cibao International Airport in Santiago, Dominican Republic, starting Mar. 15.
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Puerto Rico’s fiscal team meeting with ratings agencies
January 27, 2014
A contingent of the government’s fiscal team is in New York today for two days of meetings with credit ratings agencies Standard & Poors, Fitch and Moody’s, which are all keeping close tabs on Puerto Rico’s financial problems and the steps being taken to address the crunch.
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Ben & Jerry’s brings sense of community to San Juan
January 27, 2014
When you think of Ben & Jerry’s, the first thing that probably pops into your head is the seemingly endless variety of the company’s luscious, premium ice cream and their tongue-in-cheek names.
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Minority Dev. Council to hold Opportunities Fair Feb. 28
January 27, 2014
The Puerto Rico Minority Supplier Development Council will host its annual Opportunities Fair on Feb. 28 at the Puerto Rico Convention Center, to give suppliers engaged in offering value-added propositions to multinational corporate organizations the chance to contact people with decision-making status when making purchases for their companies.
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Royal Isabela hosts dinner to back Conservation Trust
January 27, 2014
Since its earliest days, Royal Isabela — the golf and private membership club on the breathtaking cliffs of northwest Puerto Rico — has been committed to preserving and protecting the land it inhabits and the surrounding environment.
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Popular Inc. reports 144% profit hike to $599.3M in ’13
January 24, 2014
Popular Inc., parent company of Banco Popular de Puerto Rico, saw its net income increase by 144 percent year over year to $599.3 million for the year ended December 2013, in comparison to the $245.2 million reported for the prior 12-month period.
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