The Mall of San Juan donates 75 laptops
August 22, 2014
The Mall of San Juan, Puerto Rico’s newest shopping and dining destination now under construction, donated 75 laptop computers to neighboring Dr. Cesáreo Rosa Nieves School in a brief ceremony that took place Thursday.
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GM Security Technologies opens $1.8M response center
August 22, 2014
With an investment of $1.8 million and the creation of 17 new jobs, GM Security Technologies recently inaugurated a state of the art Critical Incident Response and Replication Center to monitor, analyze and manage threats and new opportunities for clients.
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Fitch: PREPA reform ‘still probable’ despite forbearance
August 20, 2014
Credit ratings agency Fitch said Tuesday it believes that a restructuring of Puerto Rico Electric Power Authority's debt obligations remains likely, despite the forbearance agreements between PREPA and certain of its creditors (including bondholders) signed on Aug. 14.
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Science Trust opens RFP for $5M innovation grant cycle
August 19, 2014
The Puerto Rico Science, Technology and Research Trust has earmarked close to $5 million for a grants program focused on proposals presented by scientists and researchers related to the development and research in the fields of natural sciences, biotechnology, aerospace technology, communication, medical innovations, electronics, clean and renewable energies and related sciences, Iván Ríos-Mena, acting executive director of the PRST, said.
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SAP Caribbean Forum to take place in Puerto Rico
August 19, 2014
SAP Caribbean Forum, an event focusing on technology and business in the region, will be held Aug. 28 at the La Concha Hotel in San Juan, when local and international entrepreneurs and experts affiliated with the software company will meet and present the latest advances and technologies aiming to usher in “a new era of efficiency and competitiveness.”
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Seaborne Airlines launches all-you-can-fly offer
August 19, 2014
Caribbean regional carrier Seaborne Airlines announced Monday the start of its “Fly Anywhere you like for as many times as you like" promotion for $699.
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PREPA reaches deal with creditors for payments due
August 15, 2014
The Puerto Rico Electric Power Authority announced Thursday that discussions with its creditors have resulted in agreements that provide the agency with a “consensual path forward to improve its operations and financial situation.”
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Puerto Rico to host ’15 Site Selectors Guild conference
August 13, 2014
The Puerto Rico Industrial Development Company and the Site Selectors Guild announced Tuesday that Puerto Rico has been selected as the host city of the 2015 Site Selectors Guild Annual Conference.
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Puerto Rico to host 49 events worth $14.3M for economy
August 13, 2014
Puerto Rico was selected to host 49 events including, conferences, annual meetings and sports activities for this fall season, representing an estimated 25,509 room nights and a total direct spending of $14.3 million into the local economy, Milton Segarra, president of Meet Puerto Rico, said Tuesday.
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H+K Puerto Rico licenses social media measurement tool
August 13, 2014
H+K Puerto Rico recently acquired a license for the use of the Sysomos Media Analysis Platform, a research and analytics platform for social media and web-based news media.
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Popular Community Bank closes sale of Illinois branches
August 12, 2014
Popular Inc. announced Monday that Popular Community Bank, its U.S. banking subsidiary, completed the previously announced sale of its Illinois regional operations to First Midwest Bank, the wholly owned subsidiary of First Midwest Bancorp Inc.
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Engineers, Surveyors re-elect Rodríguez to presidency
August 12, 2014
Engineer Edgar I. Rodríguez-Pérez was reelected as president of the College of Engineers and Surveyors of Puerto Rico, during the trade group’s recently concluded annual convention.
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House Speaker presents pro-small biz initiatives in D.C.
August 11, 2014
Puerto Rico House of Representatives Speaker Jaime R. Perello-Borrás, met with Small Business Administration Chief Maria Contreras-Sweet, to present the profile of the island’s small and mid-sized businesses and find better alternatives for the development and retention of this sector that is key to strengthening the island’s economy.
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Preliminary July revenue reaches $624M, up 26% YOY
August 8, 2014
The Puerto Rico Treasury Department reported Thursday preliminary revenue for July 2014, the first month of the current fiscal year, reached $624 million, up $129 million, or 26 percent, from the total on record for the same month last year.
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Ford Conservation Grants program in its 13th edition
August 8, 2014
Ford announced Thursday the 13th edition of the Conservation and Environmental Grants, the annual program through which the automaker supports individuals and nonprofit organizations in projects that promote environmental conservation in Puerto Rico.
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