P.R. bankruptcies up 3% in Jan., Ch. 11 cases up 200%
February 5, 2016
Puerto Rico began 2016 with 716 bankruptcy filings in January, representing a 3 percent year-over-year jump, statistics released Thursday by analyst firm Boletín de Puerto Rico show.
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Study: ‘Millennials’ represent 22% of P.R.’s population
February 5, 2016
“Millennials,” or those people born between 1980 and 2000, represent 22 percent of Puerto Rico’s population, and represents a generation of togetherness with family, with friends, collaborating with teams to study and work.
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State Dept. unveils new biz tool within PR.gov website
February 5, 2016
Puerto Rico government officials announced Thursday the availability of the “Virtual Enterprise Management” business page located in the PR.gov website that will initially allow the business sector to enroll in the Registry of Corporations, the and the Department of Labor and Human Resources online records.
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Banco Popular to launch 3 tech projects in ‘16
February 5, 2016
Banco Popular’s technology team announced Thursday three key projects to be unveiled this year: “mobile wallets,” “cardless cash access,” and the integration of its “ATH Móvil” and “Mi Banca Móvil” applications.
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REMAG coupon kiosks back in 24 P.R. supermarkets
February 2, 2016
REMAG, a program that rewards consumers with coupons when they recycle their newspapers, helps the community, promotes local economic development, and helps save the planet, launched its distinctive green and white kiosks in 24 supermarkets across Puerto Rico Monday.
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Executives named at QBE, interCaribbean Airways, more
February 2, 2016
In recent weeks, local companies have made executive appointments across a number of sectors, namely insurance, tourism and the arts.
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Full Circle Communications ushers in 12 yrs., new image
February 2, 2016
Consulting and media management firm Full Circle Communications is marking its 12th anniversary with a new corporate image and the launching of a new division to provide customized trainings for executives in times of economic challenges.
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U.S. House to explore solutions to P.R.’s debt crisis
February 1, 2016
The U.S. House Subcommittee on Indian, Insular and Alaska Native Affairs Committee will hold an oversight hearing on Feb. 2 to provide commentary on a possible solution to the Puerto Rican debt crisis, emphasizing on improved management policies and long-term sustainability.
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First Bank’s Alemán: ‘2015 seemed like two years in one’
February 1, 2016
First BanCorp. wrapped up what top executives called a “very busy year” with net income of $21.3 million, or $0.10 per diluted share for 2015, compared to $392.3 million, or $1.87 per diluted share, for the year ended Dec. 31, 2014.
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Para La Naturaleza to open Roosy Roads visitor’s center
February 1, 2016
Nonprofit environmental organization Para La Naturaleza recently signed a 20-year lease with the Roosevelt Roads Redevelopment Authority to open a visitor’s center at the former naval base in Ceiba.
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Popular earns $895.3M in ’15, $137.4M in 4Q15
January 27, 2016
Popular Inc. reported net income of $137.4 million and adjusted net income of $98.3 million for the quarter ended Dec. 31, 2015, compared to net income of $85.6 million and an adjusted net income of $93.4 million for the quarter ended Sept. 30, 2015.
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$30M Hyatt Place San Juan hotel opens in Miramar
January 26, 2016
The Hyatt Place San Juan/City Center, the fourth property flying the Hyatt flag on the island, officially became the newest resident of the Puerto Rico Convention Center District in Miramar, through a nearly $30 million investment.
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Weekend Wheels: Test driving the 2016 Toyota Yaris
January 26, 2016
After more than two years of absence in the local market, the Toyota Yaris sedan is making a comeback to Puerto Rico. In its 2016 edition, the totally redesigned sedan comes with attributes and features that promise to rekindle the attraction among its admirers.
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Telecom Board data shows drop in phone lines in P.R.
January 25, 2016
The most recent data released by the Puerto Rico Telecommunications Regulatory Board shows a slight drop in active telephone lines — counting wireless and fixed services — in comparison to last year.
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SJ Marriott unveils $500K vice-presidential, junior suites
January 25, 2016
The San Juan Marriott Resort & Stellaris Casino officially unveiled this weekend its renovated vice-presidential and junior suites, which at a cost of $500,000 feature contemporary designs and spectacular views of San Juan and the Atlantic Ocean.
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