Companies gather to recruit engineers, surveyors
March 3, 2015
Dozens of local and international companies will host a job fair on Mar. 7 to recruit engineers and surveyors for hundreds of available jobs, the College of Engineers and Land Surveyors announced Monday.
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IHOP to host 2nd annual ‘National Pancake Day’ in P.R.
March 2, 2015
IHOP in Puerto Rico will host their second “National Pancake Day” tomorrow, upholding the chain’s tradition of giving away pancakes to clients who visit the restaurant that day, in exchange for a donation to support the San Jorge Children’s Foundation.
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Senate to vote on ‘anti-Uber’ bill that skipped hearings
March 2, 2015
The Puerto Rico Senate will put to a vote today Bill 1209, which seeks to establish public policy and regulate the operation of mobile application-based transportation network companies, or TNCs such as San Francisco’s Uber, in Puerto Rico.
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Zeno Gandía Credit Union marks 60th anniversary
March 2, 2015
The Dr. Manuel Zeno Gandía Credit Union recently marked six decades of doing business in Puerto Rico, where the cooperative movement has continued growing despite the protracted fiscal crisis.
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Medtronic grants $300K in health funds to local entities
March 2, 2015
As part of its 40th anniversary celebration on the island, Medtronic Puerto Rico awarded $300,000 in health grants to five Puerto Rican nonprofit entities to support them in their quest to increase access to the treatment of chronic diseases in disadvantaged communities.
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FDIC, OCIF order closing of Puerto Rico’s Doral Bank
February 27, 2015
Following weeks and months of speculation about its fate, the Puerto Rico Office of the Commissioner of Financial Institutions and the Federal Deposit Insurance Corporation, announced Friday the closing of Doral Bank’s local and stateside operations.
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Giuliani: P.R. must focus on security for economic dev’t
February 27, 2015
Former New York City Mayor Rudy Giuliani urged Puerto Rico leaders to place making the island a secure place to visit, live and do business a top priority, because it will ultimately lead to economic development.
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P.R. needs laws to restructure public debt, investor says
February 27, 2015
Hedge fund manager Mohnish Prabai, who last year established an investment firm in Old San Juan, said Thursday Puerto Rico will find a “huge competitive advantage” in having the necessary legal tools to be able to restructure public debt.
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Puerto Rico’s bid for Ch. 9 inclusion heard in Congress
February 27, 2015
The U.S. House Judiciary Committee’s Subcommittee on Regulatory Reform, Commercial and Antitrust Law held a hearing Thursday on H.R. 870, known as the “Puerto Rico Chapter 9 Uniformity Act of 2015,” which drew a bi-partisan delegation from the island to express support for inclusion.
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Redesigned Nissan Murano ’15 hits Puerto Rico roads
February 26, 2015
Automaker Nissan is setting the bar high for the third generation, 2015 Murano mid-sized crossover, expecting it to sell at a rate of 60 units per month in Puerto Rico, Juan Santana-Chea, commercial director for the company, said Wednesday.
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Critical Hub extends Optico Fiber broadband service
February 25, 2015
Broadband service provider Critical Hub announced Tuesday it has opened more than 25 Optico Fiber “fiberhoods” in the San Juan area to provide gigabit-speed Internet.
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5 more tenants sign up to The Mall of San Juan mix
February 25, 2015
Camicissima Milano, Geox Shoes and Invicta Watches are the three most recent retailers adding their names to The Mall of San Juan’s tenant mix, this media outlet learned Tuesday. That drives the number of confirmed retailers to nearly three dozen.
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‘Productive financing’ driving social, economic dev’t
February 25, 2015
Productive financing, or financial products and services granted for the development of entrepreneurs who have no access to the conventional financial system, is the most effective way to fight poverty and inequality, said Manuel Méndez del Río, president of the BBVA Microfinance Foundation, during a conference this week.
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Exec Prouty extolls P.R.’s virtues as place to do business
February 25, 2015
The laws set forth by the current administration to lure investors and companies to Puerto Rico are not the only attractions the island has to offer, said Nicholas Prouty, CEO of Putnam Bridge Investments, to a roomful of business location experts and economic development professionals.
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Oriental Bank bets on youth for this year’s IRA push
February 25, 2015
Oriental Bank is kicking off this year’s IRA push with a multimedia campaign focusing on changing the younger population’s perception of the savings tool, which is usually associated with the older customer.
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