Rosselló bets on new Incentives Code, innovation to reposition P.R.
April 25, 2019
Gov. Ricardo Rosselló delivered his third State of the Commonwealth address Thursday, vowing to implement a number of measures to reposition Puerto Rico and support its recovery. During his speech at the Puerto Rico Capitol building, Rosselló explained the need of an agenda that looks firmly into the future. “The solution to the problems is […]
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First BanCorp. reports $43M in 1Q19 net income
April 25, 2019
First BanCorp. reported net income of $43.3 million, or $0.20 per diluted share, for the first quarter ended Mar. 31, 2019, compared to $101.1 million, or $0.46 per diluted share, for the fourth quarter of 2018, and $33.1 million, or $0.15 per diluted share, for the first quarter of 2018. The fourth quarter of 2018 […]
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DMO rolls out new ‘Have we met yet?’ marketing campaign for P.R.
April 25, 2019
Discover Puerto Rico, Puerto Rico’s Destination Marketing Organization, announced the rollout of Puerto Rico’s brand campaign: “Have We Met Yet?” focusing on “the hospitable and welcoming nature of the island’s people.” By posing the question “Have We Met Yet?” the campaign seeks to reintroduce the island to the world and brings to life the exotic […]
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Delta to resume San Juan/Detroit route from Dec. ’19 to May ’20
April 25, 2019
Delta airlines announced it will resume its once-weekly direct route between Detroit Metropolitan Airport (DTW ) and Luis Muñoz Marín International Airport (SJU) on Saturdays from Dec. 21 through May 2020. “We thank Delta for their trust and for remaining committed to growing its presence in Puerto Rico,” said Puerto Rico Tourism Company executive director […]
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Gov’t officials inaugurate student Research and Technology Development Center in Ponce
April 25, 2019
The Department of Economic Development and Commerce and the Municipality of Ponce inaugurated the Research and Technology Development Center in Ponce to promote the development of student research projects in the areas of Science, Technology, Engineering and Mathematics. “We celebrate that a project that began taking shape last year is now a reality, we’re joining […]
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U.S. Minority Chamber of Commerce to host 5th edition of World Conference of Municipalities
April 24, 2019
Puerto Rico will play host the 5th World Conference of Municipalities 2019 on May 10-12, a bi-annual forum organized by the U.S. Minority Chamber of Commerce. The three-day international conference will focus on the topic of economic, environment and urban development to be held at the Marriot Resort and Stellaris Casino in in San Juan. […]
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Op-Ed: Puerto Rico enters 21st century of investing
April 24, 2019
Through executive order OE-2019-013 Puerto Rico Gov. Ricardo A. Rosselló shared with all government agencies and corporations his administration’s investment policy guidelines. The governor has charged the Fiscal Agency and Financial Advisory Authority (“AAFAF” by its initials in Spanish) with the responsibility of providing investment policy principles to each subdivisions and component of the government of […]
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AAA to sponsor 3-day event with Tourism Cares to benefit local communities
April 24, 2019
AAA — The Auto Club Group will join efforts to help Puerto Rico’s tourism industry, still recovering from Hurricane María, which devastated the island in 2017, the company announced. In May, AAA will sponsor a 3-day event, hosted by Tourism Cares, a nonprofit organization which unites the travel and tourism industry to benefit local communities. AAA […]
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Carolina municipal gov’t retakes 4+ acres of beachfront property after 10-year fight
April 23, 2019
The Carolina municipal government has put an end to a 10-year-old legal fight with CH Properties for some 4 acres of pristine beachfront property, for which it paid $2 million, town officials announced. This resolution puts an end to litigation that will grant the municipality administration and maintenance of this part of the coast which […]
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Toyota Foundation opens call for environmental scholarship program
April 23, 2019
The Toyota Foundation opened its annual call for its Environmental Scholarships program that seeks to reward students seeking to become professionals in a field related to the environment — something it has been doing since 2005. The nonprofit awards scholarships to qualified students looking to contribute to the understanding and preservation of natural resources in […]
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Liberty P.R. receives workplace award from American Psychological Association
April 23, 2019
The American Psychological Association (APA) recently awarded Liberty Puerto Rico with its 2019 Psychologically Healthy Workplace Award, the provider announced. One of eight employers from across the United States and Canada received the distinction this year and Liberty won in the medium for-profit category, due to its efforts to “create a healthy, high-performing work environment,” […]
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Op-Ed: Democratic Socialism in America
April 23, 2019
“Americans have always understood the material progress owed to capitalism, but for just as long, they have also insisted upon their democratic right to curb its excesses.” (Americana – Bhu Srinivasan) If this is Democratic Socialism, then it is pervasive in the United States and creeping up. Medicare for all and free college tuition are two […]
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inCruises International expands footprint by moving headquarters to P.R.
April 23, 2019
Cruise membership club company inCruises International announced its expansion into Puerto Rico, company officials confirmed. “We’re extremely pleased with our move to Puerto Rico, and we anticipate continued strong growth locally and with participation from all over the world,” said inCruises President Frank Codina. “inCruises business has seen incredible growth over the past three+ years […]
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Trailer Bridge, ATS Int’l golf tourney benefits Habitat for Humanity P.R.
April 23, 2019
Trailer Bridge Inc., in partnership with Anderson Trucking Service Inc. (ATS), announced the charitable results of “Build 2019” presented by Rally por Puerto Rico, its inaugural charity golf tournament of customers, partners and local business leaders, held at the TPC Dorado Beach East Course. The one-day event was designed to maximize corporate giving and as […]
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SBA to host free workshops in P.R. to support federal contracting for disadvantaged small biz
April 23, 2019
The U.S. Small Business Administration Puerto Rico and U.S. Virgin Islands district office will conduct a series of workshops in San Juan over the next few months as part of its 7(j) Management and Technical Assistance program, to support socially and economically disadvantaged small businesses in their efforts to obtain federal contracts. “The SBA is […]
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