Burell, local chefs to headline 9th ‘Saborea’ culinary fest
March 2, 2016
Familiar Food Network personalities and a roster of local chefs will headline the 9th edition of the Saborea Puerto Rico culinary fest, slated for April 7-10 on the grounds of El Escambrón beach.
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Contractors rally in favor of PRASA revitalization bill
March 1, 2016
A cross section of local contractors lobbied Monday at the Capitol for the approval of the bill that would give the Puerto Rico Aqueduct and Sewer Authority access to the bond market saying, “a vote against the bill is a vote in favor of a water rate hike.”
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Telecom Board, FCC join to advance broadband services
March 1, 2016
The heads of the Puerto Rico Telecommunications Regulatory Board and the Federal Communications Commission met last week to coordinate a joint agenda to promote faster and better access to broadband communications services on the island, through a $4 million annual allocation.
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Aerostar makes $22.5M electricity payment to PREPA
February 26, 2016
Aerostar Airport Holdings, the operator of the Luis Muñoz Marín International Airport, settled a dispute it had with the Puerto Rico Electric Power Authority over past due electricity charges and made a $22.5 million payment, utility officials announced.
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Toyota maps strategy for ’16, new dealers to invest $7M
February 26, 2016
Toyota de Puerto Rico executives outlined plans Thursday to maintain its market share of 31.7 percent, while strengthening the operation this year, when three new dealerships invest $7 million to open new facilities as part of that strategy.
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Dunkin’ Donuts plans to open 50 stores in Puerto Rico
February 23, 2016
Less than two years after a court-ordered shutdown of all of it’s local Dunkin’ Donuts stores, Dunkin’ Brands announced Monday it is looking for a franchisee to re-enter the market to develop 50 restaurants throughout the island in the next seven years.
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Parallel18 represents P.R. in Mobile World Congress ’16
February 23, 2016
The eyes of the technology world are on Barcelona, Spain this week for the celebration of the Mobile World Congress, and Puerto Rico has an important role in presenting the Parallel18 startup acceleration program before hundreds of “4YFN” (“4 Years from Now”) event attendees.
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Dorado Beach, Ritz-Carlton gets Forbes 5-star rating
February 23, 2016
The Dorado Beach, A Ritz-Carlton Reserve has received a five-star rating from the prestigious Forbes Travel Guide, joining several independent boutique properties in the Caribbean as first-time recipients.
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Telecom Board shoots down PrepaNet in Liberty case
February 22, 2016
The Puerto Rico Telecommunications Regulatory Board on Friday shot down the Puerto Rico Electric Power Authority’s claims that the regulator lacks jurisdiction in a fight over rates and access to public utilities launched last year by Liberty Cablevision of Puerto Rico.
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T-Mobile grows 10% in ’15, as PR mobile sector shrinks
February 19, 2016
T-Mobile Puerto Rico executives said Thursday the wireless carrier experienced a 10 percent growth on the island in 2015, while the industry as a whole shrank by 2 percent.
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PRHTA sues to keep politics out of tourism marketing
February 18, 2016
The Puerto Rico Hotel and Tourism Association filed a lawsuit at the San Juan Superior Court Wednesday to protect the destination’s marketing campaign from being affected by “undue intervention” from the State Elections Commission, trade organization Chairman Miguel Vega confirmed.
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P.R. gov’t publishes draft of FY ’14 unaudited financials
February 17, 2016
The Puerto Rico Treasury Department released Tuesday a draft of the Commonwealth’s unaudited Basic Financial Statements for the fiscal year ending June 30, 2014, more than a year after their required release.
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20 years later, Telecom Reform Act delivers on promise
February 16, 2016
The telecommunications industry is marking the 20th anniversary of the Telecom Reform Act of 1996, which in Puerto Rico sparked unprecedented levels of competition in a sector formerly dominated by a single carrier and astronomical calling rates.
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Cidrines bread, pastry footprint covers 500 U.S. stores
February 11, 2016
Puerto Rican artisan wholesale bakery Cidrines announced Wednesday a significant expansion of its stateside reach through the delivery of its fresh pastries and breads to more than 500 stores across the Florida market.
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Gov’t: P.R. retail sales show 3% YOY drop in Oct. ’15
February 10, 2016
Puerto Rico retail sales for the month of October 2015 — the most recent available from the government — showed a 3 percent drop in comparison to the same month in 2014, to $3.1 billion.
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