Olive Garden’s San Patricio Plaza eatery to open June 15
May 19, 2015
A year after the arrival of Olive Garden in Puerto Rico, Restaurant Operators Inc. announced Monday the company will open its second restaurant on the island, in Guaynabo’s San Patricio Plaza sector, June 15th.
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GDB’s liquidity down to $1.02B in April
May 18, 2015
The Government Development Bank for Puerto Rico released its most recent liquidity statement late last week, showing a balance of $1.02 billion net as of April 30, representing a drop from the $1.11 billion the agency reported for the prior month.
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Puerto Rico among ‘Best to Invest’ in Latin America
May 15, 2015
The Commonwealth of Puerto Rico ranked ninth on the list of best destinations to invest in Latin America and the Caribbean, according to a publication by Site Selection magazine.
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A.M. Best: P.R.’s economic woes challenge for insurers
May 15, 2015
Despite the current economic challenges facing Puerto Rico, the financial strength of the Commonwealth’s insurance carriers remains generally solid, according to a new A.M. Best briefing.
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GUIA offers FTZ seminar with local and int’l expert
May 15, 2015
The United Automobile Importers Group (known as GUIA by its Spanish acronym), an organization that represents automotive industry in Puerto Rico, will celebrate on May 20 the “Foreign Trade Zone Puerto Rico Seminar 2015” at the Sheraton Hotel and Casino.
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Enterprise Truck Rental opens 1st Puerto Rico location
May 14, 2015
Enterprise Truck Rental, a service of Enterprise Rent-A-Car, has opened its first location in Puerto Rico.
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AT&T to offer Hulu subscription streaming service
May 14, 2015
AT&T and Hulu have signed a deal that will bring the subscription streaming service to the wireless carrier’s customers through AT&T’s websites and mobile applications, the companies announced Wednesday.
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Putney Capital, Argos buy P.R. cement terminal for $34M
May 13, 2015
Putney Capital Management, LLC announced Tuesday the acquisition of one of the main terminals for the reception, storage and distribution of cement in Puerto Rico, for $34 million.
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24 eateries taking part in Puerto Rico Restaurant Week
May 13, 2015
The fourth edition of the Puerto Rico Restaurant Week event, slated to take place May 27-June 3 will feature 25 local eateries that will offer pre-fixe dinner menus for $28 or $38, with options for the appetizer, entrée and dessert.
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Meet Puerto Rico predicts 53% jump in group business
May 13, 2015
Puerto Rico’s group business for this summer is starting off strong with 47 events, including, conferences, annual meetings and sports activities for this summer season Meet Puerto Rico president Milton Segarra said Tuesday.
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Crowley to build $48.5M terminal in San Juan
May 12, 2015
Crowley Puerto Rico Services, Inc. announced Monday it “has further solidified its commitment to Puerto Rico” with the execution of a $48.5 million construction contract for a new pier at its Isla Grande Terminal in San Juan, along with a 30-year lease extension for the property with the Puerto Rico Ports Authority.
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Feds: Alpha Guards owes 650 guards $350K in backpay
May 12, 2015
U.S. Department of Labor Wage and Hour Division investigators found that security firm Alpha Guards Management failed to protect fair wages and benefits of 650 guards in Puerto Rico, owing them nearly $350,000 in back wages and damages.
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USDA makes $30M available for food entrepreneurs
May 12, 2015
U.S. Department of Agriculture Secretary Tom Vilsack announced that the agency is making $30 million available to farmers, ranchers, and food entrepreneurs to develop new product lines.
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Consumer engagement is not an accident, it’s by design
May 11, 2015
In an age of ever-increasing distractions, quickly creating customer habits is an important characteristic of successful products, said Nir Eyal, the author of "Hooked: How to Build Habit-Forming Products.”
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Rincón Beach Resort joins Connect hotel collection
May 11, 2015
Rincón Beach Resort, one of the most intimate and serene oceanfront boutique properties nestled in Puerto Rico’s west coast, has become the latest addition to Preferred Hotels & Resorts’ new distinctive Connect hotel collection.
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