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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UPR-Río Piedras students win Bankers Assoc. contest
January 25, 2016
A trio of students representing the University of Puerto Rico in Río Piedras won this year’s edition of the Financial Awareness Video Contest sponsored by the Puerto Rico Bankers Association and the Federal Reserve Bank of New York.
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Ponce’s San Lucas Hospital installs $1.5M MRI machine
January 25, 2016
The Episcopal San Lucas Hospital in Ponce recently invested $1.5 million on new MRI equipment, positioning itself at the “forefront of technology in the health care industry,” executives said.
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Science Trust breaks ground on $10M Laboratory Road
January 22, 2016
The Puerto Rico Science, Technology and Research Trust on Thursday offered details about the start of construction of Laboratory Road, a $10 million project that will be the main thoroughfare that will provide access to Science City facilities.
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Builders Assoc., Roosy Roads partner to redevelop base
January 22, 2016
The Puerto Rico Builders Association, a professional trade group, will serve as a link between the Roosevelt Roads Redevelopment Authority and the private sector to encourage the revitalization of the former naval base in Ceiba.
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Walmart P.R. workers included in announced pay hike
January 21, 2016
More than 1.2 million Walmart U.S. and Sam’s Club associates will receive a pay increase under the second phase of the company’s two-year, $2.7 billion investment in workers, to a minimum of $10 an hour, the company announced Wednesday.
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Expedia: Travel demand for Puerto Rico up 15% in 3Q15
January 21, 2016
Travel demand for the Puerto Rico market experienced about 15 percent growth year-over-year in the third quarter of 2015, the Expedia group revealed Wednesday at the Caribbean Travel Marketplace event in the Bahamas.
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Auto execs predict 77K new cars to be sold in P.R. in ‘16
January 20, 2016
The United Group of Automobile Importers, an organization that represents the Puerto Rico automobile industry, predicted Tuesday that this some 77,000 new cars will be sold this year on the island, marking the third consecutive year of decreased activity.
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Google rolls out ‘Street View’ feature in Puerto Rico
January 19, 2016
Internet giant Google announced Monday it has begun rolling out its “Street View” vehicles on Puerto Rican streets to record images of several towns that will be collected, processed and included in Google Maps.
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P.R. gov’t adjusting budgets to bridge revenue shortfall
January 14, 2016
The government of Puerto Rico is making budget adjustments amounting to some $254 million, which is about half of the shortfall in revenue collections the Treasury Department anticipated late last year.
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