Puerto Rico gov’t to promote tourism, biz offer in NY
October 28, 2015
Puerto Rico’s tourism and business offer will have a special place with the opening of a new interactive space at the Commonwealth of Puerto Rico office in Manhattan, Economic Development and Commerce officials announced Tuesday.
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1st American Cut Bar & Grill eatery opening in December
October 27, 2015
LDV Hospitality, a New York-based restaurant group, will be expanding into the Puerto Rico market with its first American Cut Bar & Grill restaurant, slated to open in December 2015, founder John Meadow said Monday.
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Accounting firm RSM ROC & Company rebrands as RSM
October 27, 2015
Independent accounting, taxes and consulting services firm RSM ROC & Company announced Monday it has rebranded as RSM, in line with the adoption of a single global brand by RSM International, the network to which it belongs.
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Swarovski opens new boutique at The Mall of San Juan
October 26, 2015
Crystal cutting expert Swarovski recently opened its newest location in Puerto Rico, at The Mall of San Juan, where it customers can enjoy the retailer’s fashion accessories, home objects, watches and men’s pieces as well.
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Popular, Oriental reduce exposure to government risk
October 26, 2015
Puerto Rico’s two largest banks — Banco Popular and Oriental — confirmed separately on Friday that they’re working to reduce their exposure to risk associated with the island’s government, which they have financed in different capacities over the years.
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JLL expands real estate services in P.R. to include retail
October 23, 2015
JLL, a professional services and investment management firm, announced this week it has expanded its scope to serve retailers and investors with expanded services out of Puerto Rico, including retail tenant representation, landlord representation, property management and investment sales.
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Plaza del Caribe $40M renovation nearly completed
October 22, 2015
Following an investment of some $40 million, the renovation of the Plaza Del Caribe shopping center is nearing completion, mall officials said Wednesday.
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Gov’t ‘has faith’ it will pull Puerto Rico out of fiscal hole
October 21, 2015
Government Development Bank President Melba Acosta said Tuesday the administration “has faith” it will pull Puerto Rico out of the fiscal abyss it is currently in, and will set up mechanism to avoid a repeat of the island’s current $73 billion debt scenario.
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17th edition of P.R. Int’l Auto Show on through Nov. 1
October 20, 2015
The 17th edition of the Puerto Rico International Auto Show kicked off Monday with a display of the latest models from the top automakers, who will be on hand at Plaza Las Américas through Nov. 1 to interact with mall-goers during the highly anticipated event.
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New Telecom Board nominee gets industry support
October 16, 2015
The Senate’s Banking, Insurance and Telecommunications Committee on Thursday evaluated the appointment of Gladys A. Maldonado-Rodríguez as associate member of the Puerto Rico Telecommunications Regulatory Board.
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Governor submits bill to create fiscal supervisory board
October 16, 2015
Gov. Alejandro García-Padilla submitted late Thursday to the legislature the bill that will give way to the creation of a five-member fiscal oversight board that among other things, will be responsible for enforcing compliance with approved budgets.
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UPR Cancer Center to unveil $15M radiotherapy center
October 14, 2015
The University of Puerto Rico’s Comprehensive Cancer Center (UPRCCC) will inaugurate its new $15 million Radiotherapy Center in November, featuring the most modern technology available in Puerto Rico for radio-oncology treatments.
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Ford grants $40K to environmental projects in P.R.
October 13, 2015
Nine nonprofit organizations were the recipients of $40,000 in grants available through Ford Motor Company’s Conservation and Environment Grants Program, to keep their environmental preservation projects going.
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AT&T extends Voice Over LTE service to P.R., USVI
October 9, 2015
AT&T announced Thursday the launching of its Voice over LTE (VoLTE) service in Puerto Rico and the U.S. Virgin Islands, offering HD Voice that enables customers to experience crystal clear conversations while simultaneously surfing the Web at 4G LTE speeds.
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Pierluisi files bill asking U.S. Treasury to guarantee loans
October 9, 2015
Resident Commissioner Pedro Pierluisi introduced a bill Thursday that would authorize the U.S. Treasury Department to guarantee repayment of principal and interest on bonds to be issued in the future by the island’s bond-issuing public entities, but only if the agency certifies that the commonwealth has “demonstrated meaningful improvement in managing its public finances.”
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