MasterCard challenge rewards student culinary talent
April 7, 2014
A student from the Universidad del Este won this year’s fourth edition of the MasterCard Student Food Challenge, held prior to this weekend’s Saborea culinary fest, receiving a $1,000 scholarship for proving his talent in the kitchen, the credit card company announced.
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28K Puerto Rico residents enroll in ‘Obamacare’ plans
April 4, 2014
Some 28,699 Puerto Rico residents signed up for health coverage under the Patient Protection and Affordable Care Act, during the six-month subscription period that ended Mar. 31, Insurance Commissioner Angela Weyne said Thursday.
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Popular throwing its support behind real estate brokers
April 4, 2014
It’s no secret that Puerto Rico’s real estate sector has taken a beating in recent years due to the economic woes the island has been facing for the better part of the past decade. Property sales have stagnated and values have dropped in certain categories, affecting banks and brokers alike.
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P.R. Trade allies with students to boost int’l commerce
April 4, 2014
Puerto Rico Trade and Exports and student organization AIESEC have signed a cooperation agreement to develop the incursion of Puerto Rican companies in international markets.
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FirstBank Puerto Rico top execs get significant pay raises
April 3, 2014
Several high-ranking FirstBank executives are getting significant pay raises this year, through a combination of cash and stock, according to a filing submitted to the Securities and Exchange Commission this week.
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PREPA proposes dropping electricity rate to 16¢ by ’19
April 3, 2014
Puerto Rico Electric Power Authority Executive Director Juan Alicea outlined Wednesday a strategy the agency has set off to reduce the cost of electricity on the island to 16 cents per kilowatt-hour in five years by diversifying fuel sources for power generation.
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IHG opens 1st Holiday Inn Express in Puerto Rico
April 3, 2014
InterContinental Hotels Group announced Wednesday the opening of the first Holiday Inn Express hotel in the Condado area of San Juan.
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Appointments at LMM, HLB Parissi, Internet Society
April 3, 2014
Executives have been named to top positions in Puerto Rico government agencies and private-sector companies across a spectrum of industries.
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Aerostar donates anchors, buoys to local fishermen
April 3, 2014
Looking to kick off this year’s Earth Month celebration, Aerostar Airport Holdings on Wednesday donated 50 buoys and 50 anchors to fisherman's cooperatives in Piñones, Las Margaritas and La Coal in San Juan, a contribution worth about $10,000, company CEO Agustín Arellano said.
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SBA seeking nominees for annual Tibbetts, SBIR awards
April 3, 2014
The U.S. Small Business Administration is seeking nominations for its annual Tibbetts and Small Business Innovation Research (SBIR) Hall of Fame Awards.
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Puerto Rico’s bankruptcy filings up 10% in March
April 2, 2014
Puerto Rico’s bankruptcy filings jumped by 10 percent year-over-year in March, when 1,007 cases were filed. The bulk of the cases belonged to the Chapter 13 category, which allow individuals to reorganize their finances.
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Destilería Serrallés expanding production in next 3 years
April 2, 2014
Puerto Rican rum distiller Destilería Serrallés Inc. will increase its rum production in Puerto Rico, adding up to 8 million proof-gallons in the next 3 years, company and government officials announced Tuesday.
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‘Royal Pains’ wraps filming, pumps $2M into economy
April 2, 2014
The on-location production for Universal Cable Productions’ ““Royal Pains”” television series, currently in its sixth season on USA Network, wrapped this week in Puerto Rico, after four weeks of pre-production and eight days of shooting in several locations across the island.
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Products Assoc. announces ‘Quality Excellence Awards’
April 2, 2014
The Puerto Rico Products Association announced Tuesday this year’s “Quality Excellence Awards” winners, who represent “the best of the island’s products and services, professionalism and contributions.”
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UNESCO to help Puerto Rico generate education stats
April 1, 2014
Representatives from the United Nations Educational, Scientific and Cultural Organization are visiting Puerto Rico this week to provide technical assistance to help island officials produce statistics on education funding and expenses that are standardized and comparable with those of other countries and jurisdictions.
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