P.R. Products Association urges residents to ‘buy local’
September 15, 2016
The Puerto Rico Products Association unveiled Wednesday it’s latest institutional effort urging residents to buy local, saying that for every dollar households invest in island-made goods and services, imports are reduced by 5 percent.
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Fiscal oversight board should hold 1st meeting next week
September 13, 2016
The seven-member Financial Oversight and Management Board for Puerto Rico is expected to meet sometime next week for the first time since being constituted by President Obama to address the island’s economic crisis, Richard Ravitch, who will represent the Commonwealth’s governor in the body, said Monday.
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USDA assigns $6.6M to P.R. for rural water, waste plans
September 13, 2016
The U.S. Department of Agriculture announced Monday the availability of $6.6 million for Puerto Rico water and waste infrastructure programs that will benefit several towns as well as the Roosevelt Roads Redevelopment Authority, which is getting the bulk of the assignment.
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Tourism Co. pursuing increased air, sea visitor traffic
September 12, 2016
Saying the island’s tourism sector is the “first industry to come out of recession,” Puerto Rico Tourism Co. Executive Director Ingrid Rivera said the work done over the past three-and-a-half years would result in record-breaking numbers by year’s end.
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CPAs submit ideas to boost 4 key economic areas in PR
September 8, 2016
The Puerto Rico CPA Society submitted a set of suggestions to the Congressional Task Force in Washington to boost four key economic areas in Puerto Rico: Education, health, energy, and fiscal matters.
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Congressional Task Force extends deadline for input
September 7, 2016
Members of the bipartisan Congressional Task Force on Economic Growth in Puerto Rico announced an extension of the deadline for submissions from stakeholders interested in submitting ideas to identify reforms needed to grow the island’s economy to Oct. 14.
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PRHTA rolls out agenda for ‘Tourism Month’
September 7, 2016
To mark this year’s “Tourism Month” celebration in September, the Puerto Rico Hotel and Tourism Association on Tuesday unveiled an agenda of events including a gathering of the island’s gubernatorial candidates for a discussion about their plans for this economic sector.
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AGC unveils proposal to jumpstart P.R.’s infrastructure
September 6, 2016
The Puerto Rico Chapter of the Associated General Contractors of America recently unveiled its proposal for the “Revitalization of vital infrastructure on the island."
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P.R. bankruptcies up 8.14% in Aug., fueled by Ch. 7 cases
September 6, 2016
The number of bankruptcy cases filed in Puerto Rico was up 8.14 percent year-over-year in August, when 929 cases were filed.
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CofC proposes ‘P.R. Empresa’ to spur jobs, economy
September 1, 2016
The Puerto Rico Chamber of Commerce (CofC) unveiled Wednesday its proposal to drive job creation and attract new capital investment to the island called Puerto Rico Empresa Inc., a public-private partnership to promote across-the-board collaboration.
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Panoramic sightseeing tour buses arrive to P.R.
September 1, 2016
City Sightseeing is rolling out its trademark red, double-decker tour buses in San Juan to offer its specialized “hop-on, hop-off” tours, company and tourism officials announced Wednesday.
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Fiscal control board members met with general support
August 31, 2016
President Obama’s designation of seven members of the Puerto Rico Fiscal Oversight Board, made in consultation with Republican and Democratic leadership in Congress, was met with support on Capitol Hill and beyond.
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Locally harvested ‘Del País’ rice goes on sale at Econo
August 31, 2016
Gov. Alejandro García Padilla announced Tuesday the start of the sale of locally harvested rice marking the first time in three decades that Puerto Rico promotes the product commercially. It will be sold under the “Del País” institutional brand.
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Historic Normandie Hotel on the block for $9M
August 30, 2016
The Normandie Hotel, opened in 1942 and declared a national historic site in August 1980, has been put up for sale by owners Interra-Sky Normandie for $9 million, this media outlet learned exclusively on Tuesday.
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Builders Assoc. proposes vision for econ. development
August 26, 2016
The Puerto Rico Builders Association unveiled Thursday its proposal for economic development that focuses on strengthening private enterprise as an axis of local production and empowering the third sector to develop communities.
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