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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Crunch Fitness to open 1st gym in Carolina this summer
April 1, 2014
New York-based Crunch Fitness will open its first gym this summer in Puerto Rico, marking its official entrance into the competitive market with a location just outside Plaza Escorial in Carolina, company officials announced Monday.
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SME annual conference to focus on creativity, innovation
April 1, 2014
The Sales and Marketing Executives of Puerto Rico will focus this year’s conference on the development of creative business strategies, which are key to helping companies face and survive the challenges associated with the island’s current economic conditions.
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Claro, Turabo Univ. partner to develop energy initiatives
April 1, 2014
Telecommunications provider Claro and Turabo University announced Monday the start of a partnership to develop projects focused on saving energy and using renewable energy.
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February EAI slides 2.4%, as jobless rate hits 15%
March 31, 2014
The Puerto Rico government released key economic statistics late Friday that reflected a slide in the Economic Activity Index of 2.4 percent year-over-year in February, as well as put the island’s jobless rate at 15 percent that month.
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Foundation for Puerto Rico signs deal with La Ciudadela
March 31, 2014
The Foundation for Puerto Rico has designed a new model of shared spaces to be developed in La Ciudadela following the signing of a 10-year lease agreement between Foundation Founder Jon Borschow and Nicholas Prouty, CEO of Putman Bridge Funding, LLC., which owns the Santurce complex that will house the venture.
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T-Mobile to invest $20M in 4G LTE network in ’14
March 28, 2014
A month after launching its “contract-free” business model, T-Mobile announced a new $20 million investment to upgrade its Puerto Rico 4G LTE infrastructure and add 100 new jobs to its payroll, a high-ranking parent company executive said Thursday.
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Population down in most Puerto Rico municipalities
March 28, 2014
The U.S. Census Bureau released Thursday the latest population estimates for the municipalities of Puerto Rico, which showed, among other findings, that from July 1, 2010 to July 1, 2013 the population declined in 68 of the 78 towns.
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3 new stores opening in Plaza Carolina shopping center
March 28, 2014
The Plaza Carolina shopping center will have three new tenants before year’s end with the arrival of the Sports Authority, A’gaci and the first Men’s Warehouse location in Puerto Rico, company officials announced Thursday.
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