Op-Ed: Puerto Rico’s glass is not half empty, but half full
March 30, 2015
The Christian Holy Week (“Pascua,”) as well as the Jewish festival of Passover (Pasach) are upon us.
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New appointments at Aerostar, MoneyHouse
March 30, 2015
Several appointments came down the pipeline over the past week, with executives at the Luis Muñoz Marín Airport and MoneyHouse taking on new responsibilities at their respective employers.
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Fitch slashes Puerto Rico’s GO ratings to ‘B’ from ‘BB-‘
March 27, 2015
Fitch Ratings announced Thursday it has downgraded the Commonwealth of Puerto Rico's general obligation and related debt ratings to 'B' from 'BB-' and placed them on Rating Watch Negative.
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The Mall of San Juan opens today with 1/3 of tenants
March 26, 2015
When Puerto Rico’s newest shopping center, The Mall of San Juan, opens today, it will do so with about a third of the tenant mix it expects to populate the 650,000 square-foot retail space by year’s end.
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EDB spurs creation of 217 new businesses, 1,668 jobs
March 26, 2015
The Puerto Rico Economic Development Bank announced Wednesday it has spurred the creation of 217 new businesses since January 2013, through $22.3 million in approved financing.
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The Mall of San Juan offers sneak peek today
March 25, 2015
High-ranking executives from Taubman and New Century Development, Inc. — developers of the $475 million The Mall of San Juan retail complex — will be on hand today to offer a sneak peek of the property to members of the media, a day before it officially opens for business.
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Foundation for Puerto Rico promotes island in CT
March 25, 2015
The Foundation for Puerto Rico is participating for the first time in the New Haven College Fair Consortium 2015, in Conn., to promote “Campus Puerto Rico,” a program with representation from public and private universities that band together to advocate for Puerto Rico as an academic destination.
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Trade groups partner to promote ‘Made in PR’ offerings
March 25, 2015
The Puerto Rico Products Association and the College of Architects and Landscape Architects have joined forces to exchange services in benefit of their respective members, stressing the economic importance of consuming products and using services that are "Made in Puerto Rico.”
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Saks, Nordstrom offer preview of 1st Puerto Rico stores
March 24, 2015
The two anchor tenants at The Mall of San Juan, Saks Fifth Avenue and Nordstrom, offered a sneak peek on Monday into their first stores in Puerto Rico, both representing the lap of retail luxury.
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Gov’t, private sector present at SelectUSA ’15 summit
March 24, 2015
Members of Puerto Rico’s economic development team and private sector representatives will participate this week in the SelectUSA Investment Summit, hosted by the U.S. Department of Commerce, to present a united front to promote foreign direct investment on the island.
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AGC of Puerto Rico honored for charitable work in ’14
March 24, 2015
The AGC of Puerto Rico was honored Monday for helping to rebuild and renovate a local children’s hospital.
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The Mall of San Juan adds Bvlgari, Lululemon, more
March 23, 2015
The opening of The Mall of San Juan is in three days, and anticipation about the full list of first tenants is building up as the clock ticks away.
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Former HP exec Crespo to lead P.R. Science & Tech Trust
March 20, 2015
Luz A. “Lucy” Crespo, who for more than three decades climbed the executive ladder at Hewlett-Packard in Aguadilla and was the first woman to become president of the Puerto Rico Manufacturers Association, has been named the new CEO of the Puerto Rico Science, Technology & Research Trust.
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AbbVie pumping $30M into Barceloneta plant expansion
March 19, 2015
Global biopharmaceutical company AbbVie announced Wednesday the expansion of its Barceloneta plant, at a cost of $30 million, to add to Puerto Rico’s capabilities as a manufacturing destination for biotechnology.
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Study confirms Puerto Rico elderly facing ‘harsh reality’
March 19, 2015
A study released Wednesday by the Pontifical Catholic University of Puerto Rico on current conditions the island’s elderly population is facing revealed that 40 percent of seniors 65 and older have incomes that place them at the level of extreme poverty.
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