Avara Pharmaceutical Services marks 1st year in Arecibo
May 24, 2016
Avara Pharmaceutical Services, which arrived on the island last year after picking up the assets of the former Merck plant in Arecibo, is marking its first year of operations with plans to expand production at the site, a high-ranking company official said this week.
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UPR student wins Singularity University competition
May 24, 2016
Simara Laboy-López, a 22-year-old Biochemistry doctoral student from the University of Puerto Rico, beat out two other competitors to win the first local edition of the Singularity University Global Impact competition, the Puerto Rico Science, Technology and Research Trust announced Monday.
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OFG’s Oriental unveils 1st mobile app for P.R. businesses
May 24, 2016
OFG Bancorp recently announced that its Oriental Bank subsidiary has become the first financial institution in Puerto Rico to launch a mobile banking app for commercial clients.
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GDB bondholders sue P.R. gov’t over Moratorium Act
May 23, 2016
A group of Government Development Bank for Puerto Rico creditors have filed an amended complaint in the U.S. District Court for the District of Puerto Rico challenging the constitutionality of certain aspects of the Puerto Rico Emergency Moratorium and Financial Rehabilitation Act, and certain related executive orders.
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AccessLatina announces winners of accelerator program
May 23, 2016
AccessLatina, the first multi-market accelerator that provides capital and resources to Latina entrepreneurs in the high-growth industries of STEAM (Science, Technology, Engineering, Arts, Math), social innovation and agriculture announced the winners of its first cohort.
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DOJ, FTC urge P.R. to expand scope of optometrist duties
May 19, 2016
The Department of Justice’s Antitrust Division and the staff of the Federal Trade Commission issued a joint statement Wednesday encouraging the Puerto Rican legislature to consider expanding the services that optometrists can provide.
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FirstBank launches new ‘Experiences’ brand campaign
May 19, 2016
As a result of its successful business growth strategy, FirstBank is launching the new “Experiences” brand campaign that for the first time delivers its message through the bank’s clients, while integrating diverse products and services.
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PRHTA ‘surprised’ by video lottery case comments
May 19, 2016
Puerto Rico Hotel and Tourism Association Chairman Miguel Vega expressed surprise Wednesday by the statements made by the Treasury Secretary questioning how long the trade group’s case against the agency on the validity of the regulation to authorize video lottery in Puerto Rico has been in the court.
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CBP to fund small-scale port infrastructure projects
May 19, 2016
U.S. Customs and Border Protection announced Wednesday the “Small-Scale Donation Proposal Process,” a more streamlined and simplified avenue for stakeholders interested in investing in and expediting small-scale, high impact border infrastructure, technology and other related improvements.
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Airline, industry vendors descend on P.R. for conference
May 16, 2016
The Latin American and Caribbean Air Transport Association (ALTA) is kicking off it’s CCMA & Aircraft MRO Conference this week in Puerto Rico, hosted by the Puerto Rico Tourism Company and Meet Puerto Rico, and with support from the Puerto Rico Industrial Development Company (PRIDCO.)
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DLC opens call for ’16 summer internship program
May 16, 2016
Integrated communications agency de la Cruz & Associates is seeking college student in their junior or senior years, or who are pursuing a Master’s Degree in communications, to participate in this year’s summer internship program aimed at providing a work experience to take their studies to the next level.
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CPAs to host ‘Innovation in accounting & finance’ forum
May 16, 2016
The Technology and Innovation Committee of the Puerto Rico CPA Society will hold its first “Innovation in Accounting and Finance Forum” on May 20 at the Condado Plaza Hilton Hotel.
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A.M. Best: P.R.’s debt crisis remains test for insurers
May 13, 2016
While insurers domiciled in Puerto Rico have maintained underwriting discipline and demonstrated favorable operating results and solid balance sheet strength, the competitive operating environment and economic challenges there will hinder their ability to grow over the near to medium term, according to a new A.M. Best briefing.
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Tech Summit returns looking to ‘break paradigms’ in ’16
May 13, 2016
The Tech Summit 2016, the most important technological event in Puerto Rico and the Caribbean, returns for its fourth edition under the theme “The Strategy is Delivery.”
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DuartePino, SeriouslyCreative ally for business growth
May 12, 2016
Driven by the need to contribute to the economic development of the island, DuartePino and SeriouslyCreative announced a new strategic alliance to help established companies reboot their strategies for business growth.
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