FirstBank, Starting Point partner to train UPR Mayagüez students in entrepreneurship
October 5, 2018
The trainings focus on emerging businesses and existing social enterprises.
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Puerto del Rey Billfish tourney to mark 5th edition Nov. 16-18
October 5, 2018
For its fifth consecutive year, Puerto del Rey will celebrate its Puerto del Rey Billfish Tournament, its fishing competition slated for Nov. 16-18, at the Marina located in Fajardo.
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‘We Want Sun’ report outlines path forward on Puerto Rican electricity policy
October 4, 2018
The report “Queremos Sol” (“We Want Sun”) outlines a power-system transformation that would place sustainability and self-sufficiency ahead of dependency on imported fossil fuels.
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Cidrines marks 40 years in P.R. as it plans to blanket the 50 States
October 4, 2018
In the last two years, the company grew by 8 percent, while in the United States it grew by 350 percent during the same period.
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MMM, MSO to increase compensation for dentists by up to 15%
October 4, 2018
These increases will be effective Nov. 1, 2018 for services under the Medicaid “Plan Vital” and starting Jan. 1, 2019 for services under Medicare Advantage.
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Disney Cruise Line to return to P.R. with Disney Wonder in ’20
October 4, 2018
Disney Cruise Line will launch two cruises from Puerto Rico in January to the Caribbean, followed by a cruise to the Bahamas.
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U.S. district judge certifies class of P.R. residents suing PREPA for fuel overcharges
October 3, 2018
In the original lawsuit filed Feb. 24, 2015, the plaintiffs sought compensation for their estimated $1 billion losses in electricity overcharges.
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$130M backup fiber optic cable to be deployed along P.R’s southern coast
October 3, 2018
The first phase of the project will entail an investment of $30 million to build.
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Rosselló signs executive orders to achieve savings, reorganize several agencies
October 3, 2018
Puerto Rico Gov. Ricardo Rosselló a pair of executive orders to achieve efficiencies in the Insurance Commissioners’ Office and the Office of the Commissioner of Financial Institutions, as well as other offices related to the agricultural industry.
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Destino Hack Summit to focus on best practices to promote P.R.’s economic development
October 3, 2018
Foundation for Puerto Rico announced details of its event — Destino Hack Summit, the first conference in the Caribbean focused on technology and innovation in the Visitor Economy, whose purpose is the economic development of the island.
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Western Union expands payment capabilities for businesses in P.R.
October 3, 2018
Global payments services provider Western Union Business Solutions has launched its payments platform, WU EDGE, in Puerto Rico, executives confirmed.
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30 finalists vying for SME P.R.’s Marketing Excellence Awards
October 2, 2018
The Puerto Rico Sales and Marketing Executives Association announced the finalists, 30 in total, of this year’s Marketing Excellence Awards in 2018.
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Dorado Beach, a Ritz-Carlton Reserve reopens a year after Hurricane María
October 2, 2018
Dorado Beach, a Ritz-Carlton Reserve reopened Monday, a little over a year after Hurricane María hit the island, causing damage to the property.
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A.M. Best puts Cooperativa de Seguros Multiples de P.R.’s ratings ‘under review’
October 2, 2018
A.M. Best announced it has placed under review with negative implications the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of “a-” of Cooperativa de Seguros Multiples de Puerto Rico.
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Treasury announces non-applicability of SUT to certain donations continues
October 2, 2018
Treasury Secretary Teresita Fuentes confirmed that the agency’s Administrative Determination No. 17-19 regarding the non-applicability of the Sales and Use Tax (SUT) to certain donations continues in force.
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