Meet PR: 4 conventions to net $11.6M for economy
February 28, 2017
Four major international and U.S.-based organizations have selected Puerto Rico as a destination to celebrate their annual conventions in events that will generate more than 13,300 room nights in local hotels and will have an estimated economic impact of $11.6 million, Meet Puerto Rico President Milton Segarra said Monday.
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Moody’s: Recent changes at PREPA raise uncertainty
February 28, 2017
The expiration of the Puerto Rico Electric Power Authority's contract with the firm leading the utility's restructuring efforts has increased uncertainty for bondholders, Moody’s Investors Service said in an analysis released Monday.
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CMS pitch may usher 1.6% Medicare fund growth for PR
February 27, 2017
The Advance Notice and Draft Call Letter recently issued by the Centers for Medicare and Medicaid Services includes proposals that if finally implemented would result in a minor net increase of 1.6 percent to calendar year 2018 Medicare Advantage benchmark rates for Puerto Rico.
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Pollo Tropical Puerto Rico wins ‘Franchisee of the Year’
February 27, 2017
As a result of its good business practices, fast-food chain Pollo Tropical was selected by Pollo Tropical International as the Franchisee of the Year 2015/16, above the rest of the franchises worldwide, the company announced recently.
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Group Services Inc. nabs top awards at ADMEI meeting
February 27, 2017
Meet Puerto Rico recently recognized member, Group Services Inc., for garnering two top awards for work conducted on behalf of their Comcast client at the 2017 ADMEI Awards.
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Liberty Business partners with United Retailers Assoc.
February 24, 2017
Liberty Business, Liberty Puerto Rico’s business division, announced Thursday it has established a partnership with the United Retailers Association of Puerto Rico to support the small and medium-sized businesses sector on the island.
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Oversight Board names El Koury as General Counsel
February 24, 2017
The Financial Oversight and Management Board for Puerto Rico announced Thursday the appointment of attorney Jaime A. El Koury as General Counsel, or chief legal officer for the federally appointed body.
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FirstBank donates to Salvation Army’s ‘Pathway of Hope’
February 24, 2017
In an effort to promote self-sufficiency in Puerto Rico, FirstBank announced Thursday it has partnered with the Salvation Army's Pathway of Hope program with a donation to help the nonprofit work with six vulnerable families receiving their services in the cities of Guayama and Arroyo.
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Medical cannabis seminar to focus on extraction process
February 24, 2017
Puerto Rico Legal Marijuana announced it will hold a medical cannabis occupational license seminar featuring a live demonstration of the extraction process on Feb. 25 at the Polytechnic University in Hato Rey.
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PR GO, COFINA bondholders spar over pending litigation
February 23, 2017
The COFINA Seniors Coalition on Wednesday filed a motion to join litigation already pending in the U.S. District Court in Puerto Rico — Lex Claims, LLC et al. v. Garcia-Padilla et al. — to expose what they called “meritless, self-serving claims brought by a litigious faction” of General Obligation ("GO") bondholders.
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EDB chief presents formula to promote local SMEs
February 23, 2017
The Economic Development Bank has a specific agenda it will follow to promote local small and mid-sized enterprises, including the creation of a training institute for entrepreneurs, agency President Luis Burdiel-Agudo said.
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EVERTEC to sponsor P.R. Open golf tournament
February 23, 2017
EVERTEC, a San Juan-based transaction processing and technology company, announced Wednesday its sponsorship of the Puerto Rico Open, the only PGA TOUR tournament held in the Caribbean, which celebrates its 10th anniversary in 2017.
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Parknet wins P.R. Global Student Entrepreneur Awards
February 21, 2017
Antonio J. Ramos, founder of Parknet, a technology company focused on controlled entry systems, was selected as winner of the local edition of the Global Student Entrepreneur Awards (GSEA) during a ceremony late last week.
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Sumaq Silver & Jewelry opens Paseo Caribe location
February 21, 2017
Sumaq Silver & Jewelry recently joined the list of establishments that have recently opened their doors at the Paseo Caribe shopping center in San Juan.
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Keller Williams real estate expands into Puerto Rico
February 17, 2017
Keller Williams, the world’s largest real estate franchise by agent count, announced the opening of an office in Puerto Rico, where it will incorporate some 60 agents.
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