Ford opens 15th edition of ‘green’ grant program in P.R.
April 21, 2016
The Ford Central American and Caribbean division announced Wednesday the start of the application cycle for the 15th edition of its annual Conservation and Environmental Grants program, which seeks to support individuals and nonprofits to promote “green” projects in Puerto Rico.
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PRASA sells $2.8M in excess properties to raise cash
April 20, 2016
The Puerto Rico Aqueduct and Sewer Authority has identified and will be selling three properties in San Juan, Guaynabo and San Juan worth a combined $2.8 million to inject cash into its coffers, agency Executive Director Alberto Lázaro said Tuesday.
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P.R. Gov: Suárez to head Financial Advisory Authority
April 20, 2016
Puerto Rico Gov. Alejandro García-Padilla announced Tuesday the appointment of Secretary of State Víctor Suárez as executive director and sole member of the Financial Advisory Authority and Fiscal Agency to act as the Commonwealth’s fiscal agent, financial advisor and information agent.
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Appellate Court sides with journalists on hedge fund info
April 19, 2016
The Center for Investigative Journalism (CPI, as it is known for its initials in Spanish) scored a legal victory in its fight against the government for access to information on the identity of Puerto Rico’s bondholders.
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P.R.’s 1st $500K Wendy’s Café opens in Guaynabo
April 19, 2016
Executives from Wendco de Puerto Rico, the franchisee of the Wendy’s restaurant chain on the island, announced Monday the reopening of its San Patricio location, which now includes the first Wendy’s Café in Puerto Rico.
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Sprint, SMG, PRHTA appoint key management execs
April 19, 2016
A trio of executives known for their excellence in their respective fields has been appointed to key management slots in recent weeks to oversee Puerto Rico operations.
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Telecom Board fines Claro $155K for alleged ‘cramming’
April 18, 2016
The Puerto Rico Telecommunications Regulatory Board has issued a fine against carrier Claro de Puerto Rico of more than $155,000 for apparent “cramming” practices in its wireless and bundled Internet services.
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U.S. Republican lawmakers release oversight board bill
April 13, 2016
The House Committee on Natural Resources released H.R. 4900, the “Puerto Rico Oversight, Management, and Economic Stability Act” (known as PROMESA), co-sponsored by Committee Chairman Rob Bishop (R-UT) and Rep. Sean Duffy (R-WI).
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P.R. makes debut in IMF World Economic Outlook report
April 13, 2016
Puerto Rico has been included for the first time in the International Monetary Fund’s World Economic Outlook report released Tuesday, opening doors for future economic development, local executives in charge of representing the island before the entity said.
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RocketFix Mobile enters P.R.’s device repair market
April 13, 2016
RocketFix Mobile, a Puerto Rican company that “seeks to become the mechanic for your cellphone” announced plans to have eight stores operating throughout the island next month, all inside Sears locations.
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P.R. Consortium for Clinical Investigation initiative born
April 13, 2016
The Puerto Rico Consortium for Clinical Investigation, supported by the Puerto Rico Science, Technology and Research Trust, was officially announced Tuesday to officially begin clinical investigations.
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Local delegation bears down on DC lawmakers this week
April 12, 2016
A broad group of public and private-sector representatives from Puerto Rico are bearing down on Washington lawmakers this week, when a draft of the bill proposing an oversight board for the island is expected to be released and discussed during a hearing Wednesday.
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Survey: PR meets academic expectations of int’l students
April 12, 2016
Puerto Rico is an attractive academic destination for international students who confirmed in a recent survey commissioned by the Foundation for Puerto Rico that their expectations are met.
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Gov’t revises terms in 2nd offer presented to creditors
April 11, 2016
Members of the government’s Working Group for the Fiscal and Economic Recovery of Puerto will release today details of a revised voluntary exchange proposal presented to advisors to the Commonwealth’s creditors in March.
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Hotel, insurers tap executives for top posts
April 11, 2016
The Rincón Beach Resort, Triple-S and MMM recently made some executive appointments in their operations, as the private sector does its part to move the economy.
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