Specialty retailer vomFASS opens at Paseo Caribe
September 30, 2016
Following an investment of $500,000, vomFASS — an international specialty retailer featuring a variety of oils, vinegars, wines and spirits — opened its doors at Paseo Caribe in San Juan.
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Denny’s invests $1.5M in 13th restaurant opening in P.R.
September 30, 2016
Marpor Corporation, operator of the Denny’s restaurant chain in Puerto Rico, announced Thursday the opening of its 13th location, at the Las Cascadas Hotel in Aguadilla, which will create 210 new direct jobs. The company invested $1.5 million in the new eatery that opens today.
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‘Hackathon’ event rescheduled for Oct. 15-16
September 30, 2016
HackPR, a nonprofit comprised of students and young professionals promoting the development of technical skills through unconventional teaching methods, announced Thursday the new dates for the event that was postponed due to last week’s power blackout.
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Scotiabank sues P.R. gov’t over loan repayment
September 29, 2016
Scotiabank Puerto Rico on Wednesday filed a complaint against the government of Puerto Rico to prevent the diversion and expropriation of certain tax revenue pledged as collateral to secure a loan the bank extended to the Metropolitan Bus Authority.
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Grupo Martí steering Volvo brand back into the spotlight
September 29, 2016
Grupo Martí, a family company based in the Dominican Republic, is looking to steer the Volvo brand of luxury vehicles back to the privileged position it had among Puerto Rico consumers several decades ago with significant investments and long-terms plans.
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14th ‘Community Reinvestment Week’ slated for Oct. 3-7
September 29, 2016
The Puerto Rico Bankers Association will host the 14th edition of the Community Reinvestment Week Oct. 3-7, with a series of events under the "Tools for Sustainable Development" theme, organizers said Wednesday.
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Soccer season generates $1M in revenue for P.R.
September 27, 2016
With just three home games to play before this year’s soccer season is over, Puerto Rico Football Club officials are celebrating a successful run that has drawn not only scores of local fans, but also diehard supporters who have traveled to the island to cheer on visiting teams.
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Online site gathers data for court auctions in P.R.
September 26, 2016
Looking to provide economic alternatives and new solutions to Puerto Rico and to attract different markets interested in investing on the island, E&S Group Inc. recently launched the new digital platform EdictosySubastas.com.
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Private sector: P.R. power grid needs ‘full overhaul’
September 23, 2016
In the wake of the biggest blackout Puerto Rico has experienced in more than three decades, which has affected more than 1.5 million customers, members of the island’s private sector urged the powers-that-be to push forward with a complete overhaul of the electrical system.
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Espacios Abiertos to publish control board documents
September 21, 2016
Espacios Abiertos, a nonprofit organization that promotes transparency, announced Tuesday the creation of a website where it will post documents generated or published by the Fiscal Oversight Board.
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OCIF: Puerto Rico banks could benefit from fiscal board
September 20, 2016
Puerto Rico’s banking sector, which has been weathering the island’s economic storm for the better part of the last decade, could benefit from the arrival of the Fiscal Control Board, and the trust it could instill on future investors, Financial Institutions Commissioner Rafael Blanco said.
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EVERTEC enters new phase with fresh identity, culture
September 20, 2016
Transaction processing firm EVERTEC is entering a new phase as it looks to accelerate growth and expand its footprint even further into Central and Latin America, as one of Puerto Rico’s most dynamic technology firms.
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Mesón Sandwiches expanding in Central FL through ’17
September 19, 2016
Mesón Sandwiches, a Puerto Rico-based fast casual restaurant that marries the flavors of the Caribbean with an American staple, will open this week its third Central Florida location at the Premium Outlets Vineland in Orlando.
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MillerCoors partners with San Juan Bay Estuary Program
September 19, 2016
With an innovative technique for conserving water resources, MillerCoors employees and volunteers have created an alliance with the San Juan Bay Estuary Program to create a “Stormwater Garden” in the Condado Lagoon.
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Baby Boomers Expo marking 7th edition Oct. 8-9
September 19, 2016
The seventh annual edition of the Baby Boomers Expo will take place Oct. 8-9 at the Puerto Rico Convention Center, when organizers will aim to draw 20,000 members of 50-plus crowd to get educated on issues affecting them, participate in health clinics, and more activities.
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