Study: 3 out of 4 P.R. households give to charity
September 15, 2016
Three out of four households in Puerto Rico, or 74.9 percent, confirmed in a study that they made charitable donations in 2014, a high rate of giving, especially compared to similar data in the U.S., which shows 55.8 percent of mainland U.S. households giving to charity in 2013.
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Spotery to present at demo day in San Francisco
September 15, 2016
Spotery, a Puerto Rican-startup and the only one representing Latin America in the “Startups Residence Program” in San Francisco, will present its tech platform during Friday’s demo day session, the company announced Wednesday.
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Oriana Solar Farm begins producing energy in Isabela
September 14, 2016
Oriana Energy LLC, a subsidiary of Sonnedix Group, in partnership with Yarotek, announced Tuesday it has commenced energization of the $160 million Oriana Solar Farm, a 45MW AC (58 MW) solar power plant in Isabela.
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PRISA Group, Peachtree to develop 3 Florida hotels
September 14, 2016
Through a joint partnership, San Juan-based The PRISA Group and Peachtree Hotel Group have begun development of three, select-service hotels in Florida, the companies announced Tuesday.
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EPA fines Total Petroleum $345K to settle violations
September 14, 2016
The U.S. Environmental Protection Agency announced Tuesday it has reached an agreement with Total Petroleum Puerto Rico Corporation to settle the company’s alleged violations of requirements to control pollution from stormwater discharges at its Guaynabo Bulk Fuels Terminal.
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KBW adds Popular to Nasdaq Regional Banking Index
September 14, 2016
Keefe, Bruyette & Woods Inc. has added Popular Inc. to its KBW Nasdaq Regional Banking as part of an index rebalancing for the third quarter of 2016, the Puerto Rico-based bank announced Tuesday.
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CBP opens call for ports infrastructure project proposals
September 13, 2016
U.S. Customs and Border Protection (CBP) Donations Acceptance Program (DAP) announced Monday its upcoming Fiscal 2017 large-scale proposal submission period, open to port operators and government entities in Puerto Rico and the U.S. Virgin Islands.
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New $800K Red Mango opens in Condado sector
September 12, 2016
With an investment of more than $800,000 and the creation of 25 direct jobs, Venezuelan entrepreneur Jesús Roldán-Díaz will open the newest Red Mango restaurant of the chain on Sept. 17.
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Guaynabo inaugurates $1M community health center
September 12, 2016
At a cost of $1 million, Guaynabo Mayor Hector O’Neill recently inaugurated a state-of-the-art community health center (known as a CDT by its initials in Spanish) to better serve the town’s Amelia sector population.
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Moody’s: PR banks can handle 2 yrs of recession stress
September 9, 2016
Three of Puerto Rico’s main banks — Banco Santander Puerto Rico, Popular Inc. and FirstBank Puerto Rico — banks can absorb further asset quality stress resulting from Puerto Rico’s recession for at least two more years, Moody’s Investors Service said in a report released Thursday.
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CienciaPR fundraises to promote scientific education
September 9, 2016
Ciencia Puerto Rico (CienciaPR), the largest network of Puerto Rican scientists in the world, will launch today its #ConCienciaPR campaign to raise funds that will help the organization to expand its programs for students and educators.
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Telecom Board president Rúa-Jovet appointed to ICANN
September 9, 2016
The President of the Puerto Rico Telecommunications Regulatory Board, Javier Rúa-Jovet, has been selected by the Nominations Committee of the Internet Corporation for Assigned Names and Numbers (ICANN) to a global advisory commission in charge of overseeing the interests and viewpoints of Internet users.
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USDA grants $3.9M to preserve affordable rural housing
September 9, 2016
USDA Rural Development Under Secretary Lisa Mensah announced Thursday grants to preserve and repair affordable housing for very-low and low-income families living in rural areas.
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EPA targets Arecibo, Dorado locations for Superfund list
September 8, 2016
The U.S. Environmental Protection Agency proposed Wednesday adding a former battery recycling facility in Arecibo to its Superfund National Priorities List of the country’s most hazardous sites.
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SBA opens new Women’s Business Center in Mayagüez,
September 8, 2016
The U.S. Small Business Administration’s Puerto Rico and U.S. Virgin Islands district office announced Wednesday the opening of a new Women’s Business Center in Puerto Rico.
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