Hotel room tax collections reach ‘record levels’ in April at almost $7M
June 13, 2019
Hotel room tax collections reached nearly $7 million in April, the highest in the history of the levy for that month, Puerto Rico Tourism Company Executive Director Carla Campos said. In April 2019, collections totaled $6.96 million, a figure that reflects an increase of more than $500,000 when compared to collections for April 2018, and […]
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Famous Dave’s restaurants disappearing from P.R. market
June 13, 2019
Grupo Colón Gerena, franchise license holders for the Famous Dave’s restaurants in Puerto Rico, confirmed that the chain will disappear from the local market, and will be transformed into Olive Garden eateries. The transformation is the result of recent market assessments and studies, which revealed consumers’ desire for more Olive Garden on the island, said […]
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Truenorth tech solution for Treasury Department featured in IBM case study
June 13, 2019
IBM recently highlighted Truenorth Corporation in a case study about a technology solution the Guaynabo-based company worked on for the Puerto Rico Treasury Department in the aftermath of Hurricanes Irma and María. Truenorth, along with IBM partner PSR, helped the Treasury Department develop and implement a continuous availability solution that is based on IBM z14 […]
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Wilma Vázquez Hospital to serve Molina Healthcare Vital Plan patients
June 13, 2019
Beneficiaries from the government of Puerto Rico’s Vital Plan affiliated to Molina Healthcare of Puerto Rico, now will have direct access to the services offered by Wilma N. Vázquez Hospital in Vega Baja, after an agreement reached between the two organizations. “We continue to strengthen and expand our provider network in the government’s health plan […]
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KOI IXS wins 4 awards for digital pieces produced in P.R.
June 13, 2019
Marketing technology consultancy firm, KOI IXS, won two gold, a silver and a bronze SME Digital Awards granted by the Sales and Marketing Association of Puerto Rico during its recent summit. The event, which recognizes the best practices in the use of the internet as part of marketing, publicity and public relations campaigns carried out […]
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MIDA’s Consumer X-Ray shows a 5% year-over-year drop in grocery spending
June 12, 2019
The amount of money consumers are spending on groceries a month dropped to $422, a fall of 5% versus the expenditure reported in 2018, similar to that recorded in 2015, according to the study released by the Chamber of Marketing, Industry and Food Distribution, or MIDA, as the trade group is known for its initials […]
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USDA Rural Development OKs $53K in grants for 4 energy projects in P.R.
June 12, 2019
USDA Rural Development is awarding 58 grants for projects in 17 states and Puerto Rico to reduce energy costs for farmers, agriculture producers and rural-based businesses and institutions. Four projects in Puerto Rico will receive a combined $53,000, the USDA revealed. USDA is providing the grants through the Rural Energy for America Program (REAP). Congress […]
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DMO: P.R. booms as ‘most LGBTQ+ friendly destination in Caribbean’
June 12, 2019
Within the celebration of PRIDE month, Destination Marketing Organization Discover Puerto Rico announced it is strategically positioning Puerto Rico as the “LGBTQ+ capital of the Caribbean” by leveraging the island as the most welcoming, inclusive and safe vacationing spot in the region for this community. Puerto Rico holds the most metrics of advancing civil liberties […]
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FirstBank receives recognition from Habitat for Humanity
June 12, 2019
FirstBank, represented by its Community Reinvestment Unit, received a recognition from nonprofit organization Habitat for Humanity of Puerto Rico for its commitment and collaboration with the development of housing rehabilitation programs designed for individuals who have been socio-economically disadvantaged in past years. “Our alliance with Habitat for Humanity of Puerto Rico has enabled us to […]
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30 public school students to participate in ‘Internado Claro’ internship program
June 12, 2019
The Department of Education and telecommunications service provider Claro announced a collaborative partnership through which 30 high school students will participate in the company’s “Internado Claro” professional internship program. The initiative seeks to provide “valuable experience” in the field of study the students have chosen in their vocational school. Students will work during the summer […]
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San Patricio Village launches campaign for food lovers of all ages, tastes
June 12, 2019
San Patricio Village in Guaynabo, home to Wilo Eatery & Bar and Bottles restaurants, and a number of other eateries for all tastes, has launched the #FoodieSanPatricioVillage campaign to highlight the culinary and gastronomic experiences available in the retail complex. Restaurants Wilo Eatery & Bar, Bottles, Chophouse, Cayo Caribe, Ikebana, Chili’s, Romano’s Macaroni Grill, LongHorn […]
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Study: 12% of U.S. mainland-born P.R. residents left island post-hurricane
June 11, 2019
The population born in the U.S. mainland residing in Puerto Rico is estimated at 166,000 — a number that was reduced by 12% between 2010 and 2017, according to a study released by the Censal Information Center, at the University of Puerto Rico in Cayey. The research presents a description of demographic and socioeconomic variables […]
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Pact calls for restoration of telecom services 1-6 days after an emergency
June 11, 2019
The Puerto Rico Telecommunications Bureau and the Puerto Rico Electric Power Authority signed an agreement through which they will work with service providers to expedite the restoration of services in the wake of an emergency. The agreement establishes a mechanism that assigns priority levels to energizing critical telecommunications facilities divided into three timeframes — between […]
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Oriental grants $2.8M loan to Evinmotors
June 11, 2019
In keeping with its commitment to small businesses, Oriental granted a loan of some $2.8 million to Evinmotors, for the purchase of a commercial property that will become its new headquarters. The loan was granted under the Small Business Administration’s 504 program, jointly with the Marketing Small Business Finance Corp. Evinmotors is a company dedicated […]
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Ascend Hospice enters P.R. market through acquisition of Grace Hospice
June 11, 2019
Ascend Hospice, a hospice and palliative care provider with offices in seven states, is extending its services into and across Puerto Rico with the acquisition of Grace Hospice, based in San Juan. The financial terms of the agreement were not disclosed. “Ascend Hospice is dedicated to providing innovative, quality hospice and palliative care to the […]
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