DDR launches ‘Say Present on Back-to-School’ initiative
August 9, 2016
DDR Corp., a company that owns several shopping malls throughout Puerto Rico, on Monday invited the public to join its community effort “Say Present on Back-to-School,” which seeks to donate school supplies to Boys & Girls Clubs of Puerto Rico.
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Cemex de P.R. to pay nearly $300K in penalties
August 5, 2016
The U.S. Department of Labor’s Mine Safety and Health Administration announced Thursday that cement producer CEMEX de Puerto Rico has agreed to pay $291,722 in penalties.
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FirstBank finances Tijuana’s Bar & Grill expansion
August 5, 2016
FirstBank recently granted $230,00 in financing to local Mexican food chain Tijuana’s Bar & Grill, for operational expenses and the purchase of a warehouse located in Cervantes Street, Condado.
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TOTE Maritime, INTERSHIP unveil joint venture in P.R.
August 4, 2016
TOTE Maritime Puerto Rico and INTERSHIP announced Wednesday they have teamed up to form one of the largest, most experienced and most advanced terminal operating companies serving Puerto Rico.
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New York Fed to launch blog series on Puerto Rico
August 4, 2016
The Federal Reserve Bank of New York’s “Liberty Street Economics” blog will launch a blog series on Puerto Rico’s economy and factors that may be important for generating sustained growth starting Aug. 8, the agency announced Wednesday.
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Oriental awards $32K in college scholarships
August 2, 2016
Oriental Bank recently bestowed $32,000 to college students as part of its in-house scholarship program for employees' children, the bank announced Monday.
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Aon Hewitt opens 200 new jobs in P.R.
August 1, 2016
Aon Hewitt, the global talent, retirement and health solutions business of Aon plc, announced that it has more than 200 positions for full-time client services representatives for its call center in Puerto Rico.
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33 startups chosen for Parallel18’s second cohort
July 29, 2016
Parallel18, a San Juan-based international accelerator for high impact innovative enterprises that want to scale their businesses from Puerto Rico, selected 33 startups that will move to the island for five months to accelerate their companies and learn from business and technology experts worldwide.
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EVERTEC reports $97.7M in 2Q16 revenue
July 29, 2016
EVERTEC Inc. announced results for its second quarter ended June 30, 2016 Thursday, reporting a 5 percent growth in revenue to $97.7 million, compared with $93.4 million in the prior year.
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Treasury reports 2% YOY revenue collection increase
July 29, 2016
The Puerto Rico Treasury Department collected some $9.1 billion in revenue for the General Fund during Fiscal 2016, exceeding Fiscal 2015 numbers by $214.4 million or 2.4 percent, agency Secretary Juan Zaragoza-Gómez said.
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AGC announces 43rd annual convention Aug. 25-28
July 27, 2016
The Puerto Rico Chapter of the Associated General Contractors of America Chapter (AGC-PR) will host its 43rd annual convention and Expo Construcción at the Wyndham Hotel in Rio Mar Aug. 25-28, the trade group announced.
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USDA to fund creation of biofuels, biobased products
July 27, 2016
U.S. Agriculture Secretary Tom Vilsack announced Tuesday that the agency is accepting applications for funding to help support the development of advanced biofuels, renewable chemicals and bio based products.
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PR Business Link launches ‘Tax Incentive Calculator’
July 26, 2016
PR Business Link, an organization that caters to recipients of government incentives through Acts 20/22, on Monday launched a new “Tax Incentive Calculator,” an online tool to help entice new investors and businesses to Puerto Rico, which will bring new and increased business to local companies.
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SBA launches online tutorials on federal R&D funding
July 26, 2016
The U.S. Small Business Administration has released its Small Business Innovation Research online tutorials to help small businesses navigate the SBIR program, the agency announced.
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14 projects split $2.1M in P.R. Science Trust grants
July 22, 2016
The research for new diagnostic methods and therapy for endometriosis, the development of genetic tools to assist in the preservation of the bees and new methods to mitigate problems of coastal erosion are some of the projects of the new group of Grantees of the Science & Technology Grants Program, of the Puerto Rico Science, Technology & Research Trust.
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