P.R. Hispanic Chamber to orient on doing business in FL
August 12, 2015
After hearing many stories of people and businesses that are leaving Puerto Rico to relocate to Florida with no idea of the resources available to them, the Puerto Rico Hispanic Chamber of Broward County will be offering a 3-hour orientation seminar on Sept. 9.
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Retail activity picking up with openings, new arrivals
August 10, 2015
Retail activity is picking up at several local malls, with new store openings in San Juan, Caguas, Ponce and Barceloneta next month, this media outlet confirmed.
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Aon: 82% of Puerto Rico employees show engagement
August 7, 2015
The most recent edition of Aon Hewitt’s 2015 Trends in Global Employee Engagement report showed that 82 percent of Puerto Rico employees show on-the-job engagement, driven by factors such as recognition, career opportunities and salary.
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Guayacán, Codetrotters win SBA funding competition
August 5, 2015
Grupo Guayacán Inc. and Codetrotters Academy were among the 80 winners of the second annual Growth Accelerator Fund Competition announced Tuesday by the U.S. Small Business Administration.
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$6M Nayara Toro Verde hotel to open in Orocovis
August 5, 2015
The mountain town of Orocovis will become home to the future Nayara Toro Verde Hotel, a project that represents a $6 million investment and the arrival of the Nayara luxury hotel chain, exclusive until now to Costa Rica, the Puerto Rico Tourism Co. announced Tuesday.
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Puerto Rico gov’t defaults, halts monthly GO transfers
August 4, 2015
Investors in Puerto Rico debt got double-whammied by the island’s government Monday, which missed a $58 million debt payment as it had predicted it would, and separately told creditors it has temporarily suspended monthly deposits to its General Obligation (GO) bonds redemption fund.
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Gila LLC to manage Puerto Rico electronic tolls system
August 4, 2015
Texas-based Gila LLC, has been awarded an Electronic Toll Collection System operations and maintenance contract for the toll roads owned and operated by the Puerto Rico Highways and Transportation Authority and Autopistas Metropolitanas of PR, known as Metropistas.
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80% of P.R. Universia pollsters favor entrepreneurship
August 3, 2015
Puerto Rico’s economic crisis, layoffs and company closures appear to have sparked an entrepreneurial spirit among young people, who, according to a recent poll by Universia and Trabajando.com, confirmed an interest in starting a business.
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USDA opens cycle for broadband build-out loans
August 3, 2015
The USDA announced the availability of loans to build broadband in rural areas, along with changes to the program required by the 2014 Farm Bill.
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Puma Energy pilots propane gas distribution plan
August 3, 2015
Looking to serve demand by vehicles and fleets making the conversion from gasoline or diesel to propane gas, Puma Energy will launch a pilot program later this month to begin offering propane gas at two of its service stations, company CEO Víctor Domínguez said.
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Puerto Rico’s economic activity drops 0.4% YOY in June
July 31, 2015
Puerto Rico’s economic activity registered a year-over-year decrease of 0.4 percent, and a month-over-month reduction of 0.3 percent, according to the latest index released by the Government Development Bank Thursday.
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Medical device maker Fresenius Kabi to invest $10M
July 30, 2015
To commemorate its 20 years in the city of San Germán, German company Fresenius Kabi will invest about $10 million in technology and automation of its manufacturing operations in three years, Eric James, CEO of parent company Fenwal International Inc., said Wednesday.
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Latino leaders urge federal gov’t to support Puerto Rico
July 29, 2015
The National Hispanic Leadership Agenda, a coalition of 39 of the U.S. mainland’s largest Latino advocacy organizations, held a press conference Tuesday with Congressional, Puerto Rican, and labor leaders today calling on President Obama and Congress to take action "to save Puerto Rico from economic disaster."
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Banking exec: Gov’t must act with ‘conviction, urgency’
July 27, 2015
The Puerto Rico central government is facing pressure to “act with more conviction and with more urgency” to address its dwindling liquidity, crushing debt and anxiety building up over the island’s fiscal problems.
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Institute of Statistics takes over Data.PR.gov initiative
July 27, 2015
The Puerto Rico Institute of Statistics has begun taking over the job of maintaining and developing the government’s technology initiative to open and disclose its data known as Data.PR.gov.
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