DCDB Group to offer enhanced services to P.R. banks
December 29, 2016
DCDB Group, a global financial services consultancy firm, and Elevation, the consulting arm of NACHA–The Electronic Payments Association, administrator of the U.S. ACH Network, have formed a strategic partnership.
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PREPA makes $192.5M January bond interest payment
December 28, 2016
The Puerto Rico Electric Power Authority announced Wednesday the payment of $192.5 million in interest on its power revenue bonds due on Jan. 1, 2017.
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Novus shoe retailer opens 1st store in South Florida
December 28, 2016
Puerto Rican shoe retailer Novus Inc. announced the opening of its first store in the U.S. mainland, located in the Pembroke Lakes Mall, one of the most visited shopping centers in Broward Country and centrally located between Miami and Palm Beach, Florida.
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Zapping Zika: P.R. Tourism Co. optimistic for ’17
December 27, 2016
Experiencing a 96 percent reduction in the number of new Zika cases since the peak in October 2016, the Puerto Rico Tourism Company expressed optimism recently heading into 2017.
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Salvatore Ferragamo opens store at The Mall of San Juan
December 23, 2016
Italian luxury fashion house Salvatore Ferragamo is opening a boutique in The Mall of San Juan, store officials announced Thursday.
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Liberty to air SJ Children’s Choir Christmas concert
December 23, 2016
Liberty Puerto Rico, along with the Puerto Rico Public Broadcasting Corporation (WIPR), will broadcast the annual San Juan Children’s Choir Christmas concert on Dec. 24, 31 and Jan. 5 through CableVision (Ch. 10/Ch. 210 HD.)
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El San Juan Hotel to reopen in Feb. ’17, joins Curio brand
December 22, 2016
El San Juan Hotel executives announced Wednesday that the iconic property will open its doors as part of Curio – A Collection by Hilton to travelers and locals on Feb. 5th, 2017.
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Walmart P.R. expanding Vaca Negra product portfolio
December 22, 2016
Walmart Puerto Rico announced Wednesday that it will add Puerto Rico-made handcrafted yogurt for adults and children produced by Hatillo-based Vaca Negra to the brand’s line of products sold at its stores.
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P.R. small inns offer variety, discounts for holiday season
December 22, 2016
The Puerto Rico Hotel and Tourism Association this week offered a round-up of the offers by the island’s small inns, known as “paradores” during the holiday season, including free nights when booking several nights, meals, moderately priced activities, and discounted rates.
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Oversight Board pegs fiscal deficit at $67.5B through ’27
December 21, 2016
The Financial Oversight and Management Board for Puerto Rico sent a letter to the outgoing and incoming governors confirming, among other things, that the Commonwealth will face a deficit of $67.5 billion over the next 10 years.
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Popular Auto runs online luxury auto sale until Jan. 16
December 21, 2016
Car sales held “under the tent” are an attractive concept for consumers in Puerto Rico, and now Popular Auto is allowing luxury car buyers to experience this virtually.
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PR Fiscal Agency urges for federal action on island crisis
December 20, 2016
The Puerto Rico Fiscal Agency and Financial Advisory Authority (FAFAA) made public Thursday updated financial information for the Commonwealth, outlining incomes and expenditures during the last eight fiscal years.
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BenefitVision opens new enrollment, admin. center in PR
December 20, 2016
BenefitVision Inc., a full-range provider of employee benefit enrollment, administration, and communication services, has opened a new employee benefits enrollment and administration center in San Juan, the company announced Monday.
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Toyota Foundation grants $100K to 7 P.R. nonprofits
December 19, 2016
Seven nonprofit organizations, each promoting projects aimed at education, research and environmental awareness, received donations from the Toyota Foundation, which for some 20 years has supported environmental initiatives.
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Rosselló appoints Treasury, AAFAF, Ag., DNER heads
December 16, 2016
Governor-elect Ricardo Rosselló announced Thursday his nominees to head the Treasury, Agriculture, Natural Resources and Environmental Resources (DNER) departments, as well as the executive director of the Fiscal Agency and Financial Advisory Authority, or AAFAF.
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