Triple-S Management Corp. reports net loss in 1Q17
May 10, 2017
Triple-S Management Corporation, a managed care company in Puerto Rico, announced Tuesday quarterly consolidated revenues of $722.5 million and a net loss of $4.3 million, or $0.18 per diluted share, versus net income of $3.4 million, or $0.14 per diluted share, a year ago.
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Saborea culinary fest marks 10th anniversary May 18-21
May 10, 2017
The 10th edition of Puerto Rico’s longest-running culinary fest, Saborea, will take place in San Juan, May 18-21, Clarisa Jiménez, president of the entity that organizes the event, the Puerto Rico Hotel and Tourism Association.
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TOUS to open newest store at The Mall of San Juan
May 10, 2017
Jewelry store TOUS, headquartered in Spain, announced Tuesday the opening of its eighth store in Puerto Rico.
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PREPA RSA provides for consensual debt restructuring
May 9, 2017
The Puerto Rico Electric Power Authority provided additional detail on its previously announced extension and supplement to its restructuring support agreement (RSA) with the ad hoc group of PREPA bondholders, the fuel line lenders, the monoline insurers and the Government Development Bank for Puerto Rico.
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PRABIA celebrates AgBiotech industry achievements
May 9, 2017
The arrival of spring also means the arrival of the first ever Agricultural Biotechnology Season’s End Festival, a celebration that highlights the industry’s achievements and innovations, as represented by the Puerto Rico Agricultural Biotechnology Industry Association (PRABIA).
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SBA honors ‘Atención Atención,’ other entrepreneurs
May 8, 2017
The Puerto Rico and U.S. Virgin Islands district office of the U.S. Small Business Administration presented the “Small Business Person of the Year Award” to Víctor M. Rivera-Solanas and María Paula Rivera-Solanas, president and vice president, respectively, of Atención Atención Inc.
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Molinos de PR receives top PR Products Assoc. award
May 8, 2017
Puerto Rican company Molinos de Puerto Rico was named “Manufacturing Company of the year 2017,” an award recently bestowed by the Puerto Rico Products Association.
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Meet Puerto Rico hosts chat in DC on travel trends
May 5, 2017
A panel of travel industry experts met this week in Washington, DC to shed light on trends and the ways in which today’s unique set of circumstances have influenced business travelers, leisure travelers, and groups, as well as the economy and society.
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El San Juan Hotel, union reach agreement ending strike
May 5, 2017
El San Juan Hotel and Local 610 of the Union de Trabajadores de la Industria Gastronómica (UNITE) announced Thursday they have reached an agreement in their collective bargaining negotiation, putting an end of a public stand-off that kept union members in vigil in front of the Isla Verde property.
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PR Legal Marijuana to train cannabis dispensary techs
May 3, 2017
Medicinal cannabis dispensary technicians are projected to be in higher demand as the Puerto Rico Health Department has resumed the approval of licenses for such establishments with last week’s authorization of an additional five dispensaries.
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SBA, CIAPR hosting federal contracting networking event
May 3, 2017
The U.S. Small Business Administration and the Puerto Rico Professional College of Engineers and Land Surveyors (CIAPR by its Spanish acronym) will conduct this Thursday, May 4 their Annual Government Contracting Matchmaking Event, bringing together contracting officers and small business owners, as National Small Business Week takes place on the island.
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T-Mobile opens Plaza Fajardo store in Fajardo
May 3, 2017
Defying the challenges of the current economic environment, T-Mobile announced Tuesday the opening of its new store in Plaza Fajardo.
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U.S. House votes to close investor protection loophole
May 2, 2017
The U.S. House of Representatives voted Monday to close a decades-old loophole that has exempted financial institutions operating in Puerto Rico and the territories from the same investor protections that apply on the mainland.
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Congressional funding package includes $300M for P.R.
May 2, 2017
Puerto Rico Gov. Ricardo Rosselló confirmed Monday that Puerto Rico was included in the Appropriations package expected to be approved by Congress this week, which will guarantee $296 million toward the Medicaid shortfall, $3.3 million for the dredging works in the San Juan Harbor, and $750,000 to start working on the Martín Peña Channel.
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Oversight Board certifies fiscal plans for 4 P.R. agencies
May 1, 2017
The Financial Oversight and Management Board for Puerto Rico on Friday approved and certified the fiscal plans of four covered territorial agencies: the Government Development Bank; Puerto Rico Highways and Transportation Authority; Puerto Rico Aqueduct and Sewer Authority; and Puerto Rico Electric Power Authority, with amendments.
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