5th Edition of P.R. Investment Summit slated for October
June 22, 2017
The 5th edition of the Puerto Rico Investment Summit will be held Oct. 9-10, at the Puerto Rico Convention Center in San Juan, organizers announced Wednesday.
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Gov’t looks to incentivize creative industries, exports
June 22, 2017
Looking to spur the growth and creation of creative industries, and small and medium businesses with export potential, Gov. Ricardo Rosselló on Wednesday announced the opening of the “Creative Matchmaking” call.
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P.R. Treasury Dept. collects $708.8M in May
June 21, 2017
Net revenues recorded to the General Fund totaled $708.8 million in May, with fiscal year-to-date (July-May) revenues reaching $8.3 billion, Treasury Secretary Raúl Maldonado Gautier said Tuesday.
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FirstBank grants $777K in financing to Grupo Minuto
June 21, 2017
FirstBank announced Tuesday it has expanded its business relationship with Grupo Minuto, LLC. by financing the restoration and remodeling of a new hotel project in Old San Juan, granting $777,000 in financing.
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Puerto Rican dietitian receives national recognition
June 21, 2017
Puerto Rican nutritionist Marisa Santiago was named Retail Dietitian of the Year by the Retail Dietitians Business Alliance, a professional entity that represents more than 600 licensed retail dietitians in the United States, working mainly with supermarkets.
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CDCoop, Ag Dept. join to promote ‘agroco-operatives’
June 21, 2017
The Cooperative Development Commission (CDCoop) and the Agriculture Department (DA) signed a collaborative agreement Tuesday to promote the cooperative model through the development of agricultural enterprises and the creation of youth agricultural programs.
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CBP gathers feedback on USVI trade automation process
June 21, 2017
U.S. Customs and Border Protection recently held an event at the Cyril E. King Airport to gather local feedback to incorporate the U.S. Virgin Islands into the Automated Commercial Environment, to expedite the importation process.
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Bahía Salinas Beach Hotel faces room tax evasion charge
June 20, 2017
The Puerto Rico Justice Department announced Monday the filing of 123 charges against the Bahía Salinas Beach Hotel — also known as the Grand Bahía Ocean View Hotel — for room tax evasion totaling $199,630, agency Secretary Wanda Vázquez confirmed.
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Santander employees volunteer for cancer patients
June 20, 2017
Hundreds of Banco Santander Puerto Rico employees participated in recent volunteer activities focused on the health and well-being of children with physical and mental health conditions as well as cancer patients.
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Soul of Bahía Foundation conducts beach cleanup
June 20, 2017
To celebrate ten years of promoting the conservation of the environment, the Soul of Bahía Foundation and Bahía Beach Resort & Golf Club held its massive annual beach cleanup recently.
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UNOde50 moves to new space in Plaza Las Américas
June 19, 2017
UNOde50, the Madrid-born jewelry brand known for its creativity and unique handcrafted styles, has relocated its Plaza Las Americas store previously on the second level to the first next to MAC.
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USDA offers grants for rural community facilities dev’t.
June 19, 2017
The U.S. Department of Agriculture is seeking applications for technical assistance and training grants in the Community Facilities Program. The maximum grant is $150,000.
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Op-Ed: A strategic vision of the economics of sports
June 16, 2017
Sports are a highly profitable business enterprise, with Forbes Magazine recently confirming “the sports market in North America was worth $60.5 billion in 2014. It is expected to reach $73.5 billion by 2019.”
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Espacios Abiertos hosts rogue budget hearings
June 15, 2017
Espacios Abiertos, an organization that seeks to strengthen the capacity of individuals, groups and communities to act effectively in the political, social and institutional framework, hosted public hearings Wednesday to give citizens a chance to testify on the government’s proposed budget for Fiscal 2018.
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Gov’t: ‘We effectively faced expiration of Medicaid funds’
June 15, 2017
The Government of Puerto Rico took a series of steps to address the expiration of the Medicaid federal funds and the commencement of the pay as you go pension plan model, given the insolvency of the Retirement Systems, with several measures to improve its liquidity, said Gerardo Portela, executive director of the Puerto Rico Fiscal Agency and Financial Advisory Authority (FAFAA.)
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