PREPA extends RSA agreement with creditors
December 16, 2016
The Puerto Rico Electric Power Authority, Puerto Rico’s publicly owned electricity provider, announced Thursday an extension of the Restructuring Support Agreement to March 31, 2017.
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Health Dept. modifies medicinal cannabis regulations
December 16, 2016
The Puerto Rico Health Department has enacted a series of amendments to its medicinal cannabis regulations that impose new restrictions on doctors, patients and businesses while allowing municipalities to operate cannabis dispensaries, announced advocacy group Puerto Rico Legal Marijuana.
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ATH Móvil processes 20M transactions since launch
December 16, 2016
The ATH Móvil service run by transaction processing firm EVERTEC has handled 20 million transactions in the less than two years since its launch, company officials announced Thursday.
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Treasury collections up $43.5M in Nov., beat projections
December 15, 2016
General Fund net revenues totaled $533.9 million in November, up by $45.3 million, or 9.3 percent, compared to November 2015, and by $43.8 million, or 8.9 percent, compared to estimates.
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COFECC adopts new name, expands micro-loan program
December 15, 2016
The Corporation for the Financing of Business and Communities (known as COFECC in Spanish) has reinvented itself, adopting a new brand — Lendreams — while reinforcing its micro-loans program, company officials announced Wednesday.
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EPA seeks nominations for environmental champions
December 15, 2016
Each year, the U.S. Environmental Protection Agency recognizes and honors environmental trailblazers – individuals, businesses and organizations that have contributed significantly to improving the environment and protecting public health.
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EPA grants UPR $1.6M for pollution prevention projects
December 14, 2016
The U.S. Environmental Protection Agency (EPA) announced Tuesday it has granted more than $1.6 million to the University of Puerto Rico.
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Clinical research in P.R. gets boost through new alliance
December 14, 2016
The Ponce Medical School Foundation Inc. is joining the Puerto Rico Consortium for Clinical Investigation to further clinical research on the island.
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Air America invests $1.5M to make-over charter planes
December 14, 2016
Caribbean charter airline Air America, known for its planes emblazoned with works of art alluding to this region, just unveiled its latest aircraft painted by Puerto Rican artist David Zayas.
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Gov’t, private sector put $41.3M into SJ housing project
December 13, 2016
The Puerto Rico Department of Housing and housing developer McCormack Baron Salazar Inc. announced the closing of some $41.3 million in financing for what they call “the next major milestone in Puerto Rico’s affordable housing transformation effort.”
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eMobilePOS chosen tech for World Salsa event
December 13, 2016
Puerto Rican payment technology software eMobilePOS was recently chosen as the official point-of-sale solution provider and sponsor of the 5th World Salsa Championships held in Atlanta over the weekend.
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Hospital UPR nabs honor for pharmacy performance
December 12, 2016
Comprehensive Pharmacy Services, a provider of pharmacy management services, named Hospital UPR “2016 Site of the Year” for outstanding pharmacy performance.
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New aerospace center opens at UPR-Mayagüez
December 9, 2016
Infotech Aerospace Services (IAS) and the University of Puerto Rico in Mayagüez announced Thursday the creation of an Aerospace Center through a $115,000 donation from the company.
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Fitch assigns 1st-time ‘B+’ rating to Liberty Cablevision
December 9, 2016
Fitch Ratings has assigned a Long-Term Foreign Currency Issuer Default Ratings (IDRs) of 'B+ to Liberty Cablevision of Puerto Rico LLC (LCPR).
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Popular Community Bank unveils enhanced NY branches
December 9, 2016
Popular Community Bank, a subsidiary of Popular Inc., announced Thursday the continuation of its Retail Network Transformation initiative with the newly digitally transformed Popular Community Bank branch at 164 East 116th Street in East Harlem, New York City.
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