InterAmerican unveils air traffic control training package
October 9, 2015
Students who successfully complete air traffic control training at Airways New Zealand’s training hub in Puerto Rico, and who pass the FerroNATS selection process, will have the opportunity to enter the job pool of one of Europe’s premier air traffic services providers.
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Walmart inaugurates $38M supercenter in Hatillo
October 8, 2015
With an investment of $38 million and the creation of 256 new jobs, Walmart inaugurated Wednesday a new Supercenter in Hatillo, through which it hopes to positively impact the commercial activity of the island’s northwest area and economic development as a whole.
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Study: P.R. nabs $198M in cruise ship business in ’14-’15
October 8, 2015
Puerto Rico benefitted from $198 million in total cruise tourism expenditures during the 2014/2015 cruise year, which in turn, generated 5,209 jobs and $75 million in wages, according to a study released Wednesday by Business Research & Economic Advisors.
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TMF Group USA expands biz support services to P.R.
October 2, 2015
Global business services provider TMF Group, announced this week it will begin offering corporate secretarial, human resources administration, payroll, and accounting services in Puerto Rico to support companies looking to start or expand operations on the island.
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Transcita trains, certifies reps on mental health first aid
October 2, 2015
Non-emergency health transportation services company TransCita recently started a program to train and certify its passenger service representatives with a course titled “Mental Health First Aid.”
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PR Energy Commission rejects rate increase petition
October 2, 2015
The Puerto Rico Energy Commission issued a resolution Thursday denying a petition by the National Public Finance Guarantee Corp., which insures $1.4 billion in Puerto Rico Electric Authority bonds, for a rate review and establishment of a temporary rate increase of at least 4.2¢ per kilowatt-hour.
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Pastelería Cidrines partners with SBCC to fuel growth
October 2, 2015
Puerto Rican bread and pastry company Pastelería Cidrines announced Thursday it has entered into a partnership with Small Business Community Capital (SBCC), an investment fund associated with the Small Business Administration, to fuel its growth plans, including the introduction of new products locally and its expansion in the continental U.S. market.
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El San Juan Resort & Casino launching $40M upgrade
October 1, 2015
The new operators of the El San Juan Resort & Casino, Aimbridge Hospitality, will be embarking on a $40 million renovation and rebranding of the iconic property, slated to begin in April 2016 and be ready by next fall, the property’s new General Manager Jeff Lesker said Wednesday.
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Nonprofits launch ‘Goal 1B’ to spur local biz networking
October 1, 2015
The National Minority Supplier Development Council (NMSDC) and the Puerto Rico Minority Supplier Development Council (PRMSDC) announced Wednesday the upcoming start of “Goal 1B,” a strategy designed to help Puerto Rican industries expand their market.
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Wovenware CEO to chair Puerto Rico IT Cluster board
October 1, 2015
Software development and engineering company Wovenware, announced Wednesday that its CEO Christian González has been elected chairman of the board of directors for the Puerto Rico IT Cluster, an industry organization that aims to elevate Puerto Rico's status as an IT innovation and services leader.
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FirstBank grants $664K loan to Presbyterian Academy
October 1, 2015
FirstBank announced Wednesday it has granted a $664,112.00 loan to Presbyterian Academy, an educational institution in Carolina, for the purchase and installation of a photovoltaic system on its main buildings, which will reduce the it’s electricity expenses.
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EVERTEC, HNBA announce executive appointments
August 26, 2015
A handful of promotions and a national designation headline this edition of “Climbing the Corporate Ladder.”
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P.R. lawmaker asks Obama to intervene in fiscal crisis
August 26, 2015
Rep. José Enrique Meléndez, sent a letter to President Obama Tuesday asking his administration to intervene and become more active in their engagement when dealing with Puerto Rico’s economic crisis.
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7th Edition of Guayacán Venture Accelerator underway
August 25, 2015
Grupo Guayacán Inc. announced Monday the launch of the 7th edition of its Guayacán Venture Accelerator program. In this second edition for 2015, the GVA debuts a new and expanded curriculum with new workshops and instructors, and a strengthened mentoring component, organization executives said.
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P.R. gets $268K in SBA funding to boost exports
August 24, 2015
Puerto Rico has been assigned $288,650 through the Small Business Administration’s State Trade and Export Promotion (STEP) program to support activities to increase exporting by small businesses, the agency announced Monday.
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