InterAmerican Univ partners with Airways New Zealand
March 10, 2014
The Inter American University of Puerto Rico has signed a “Heads of Agreement” with Airways New Zealand for the establishment of an Air Traffic Control training campus in Bayamón.
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Bahía Plaza joins upscale Paseo Caribe complex
March 7, 2014
Caribbean Property Group offered a preview of the third and newest residential tower to join the exclusive Paseo Caribe complex in San Juan, Bahía Plaza, where apartments will start at the low $400,000’s.
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Puerto Rico is ‘most affordable’ trip for U.S. travelers
March 6, 2014
U.S. travelers seeking to get the most bang for their buck when traveling to the Caribbean over spring break should consider Puerto Rico first, as it has been ranked as the “least expensive destination” by TripAdvisor’s TripIndex Caribbean survey released Wednesday.
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Claro to provide next-generation tech services to PRMA
March 6, 2014
Telecommunications service provider Claro and the Puerto Rico Manufacturers Association signed a collaborative agreement Tuesday that will facilitate exchanging information on new technologies specially designed to increase the business sector’s productivity.
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Puerto Rico Open to pump $22M into island economy
March 6, 2014
The seventh edition of the Puerto Rico Open is officially underway at the Trump International Golf Club in Río Grande, an event that is expected to have an economic impact of $22 million and reach more than 500 million homes, Puerto Rico Tourism Co. Executive Director Ingrid I. Rivera-Rocafort said during a news conference Wednesday.
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Executives named at Meet Puerto Rico, MMM, Triple-S
March 6, 2014
Meet Puerto Rico, Triple-S Salud and MMM Healthcare Inc. and PMC Medicare Choice Inc. recently made a number of executive appointments.
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Oriental Auto, Mitsubishi unveil contest winners
March 6, 2014
Oriental Auto and Mitsubishi recently joined forces for the “Get on board a Mitsubishi with Oriental Auto” sweepstakes through which customers who bought a new car from the automaker and took out a loan with the financing company had the chance to win a number of prizes.
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Scotiabank raises more than $140K for pediatric cancer
March 6, 2014
Scotiabank’s “Corre por otro” (“Run for Another”) social responsibility campaign raised $140,000 funds this year to benefit five nonprofit entities in Puerto Rico that devote their efforts to work on behalf of pediatric cancer.
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Puerto Rico Feb. net revenue at $670M, beats estimate
March 5, 2014
Puerto Rico Treasury Secretary Melba Acosta-Febo said Tuesday that preliminary General Fund net revenues for February totaled $670 million, exceeding estimated collections by $57 million.
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Gov. signs $3.5B GO bond issue, Fitch assigns ‘BB’ rating
March 5, 2014
Puerto Rico Gov. Alejandro García-Padilla signed Tuesday legislation authorizing the issuance of $3.5 billion in general obligation (GO) bonds to be used to refinance outstanding credit lines granted by the Government Development Bank and address the government’s liquidity issues.
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Hyatt Place Manatí opens to pursue medical tourism
March 5, 2014
The $38 million Hyatt Place & Casino Atlántico opened its doors Tuesday in the northern town of Manatí, looking to establish itself as the place to stay for medical tourists and executives of nearby pharmaceutical and manufacturing plants, hotel executives said.
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FirstBank co-hosts seminar for small-, mid-sized biz
March 5, 2014
FirstBank and the Autonomous Municipality of Caguas will be co-hosting an educational conference for small and mid-sized businesses next week, when they will get first-hand guidance for managing the finances of their business during times of crisis.
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Ports not inspecting 100% of containers arriving to PR
March 4, 2014
Ports Authority officials admitted Monday before the Senate that the agency is not inspecting 100 percent of incoming cargo containers delivered by the different shipping companies that serve the island.
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Gustos Coffee Co. invests $1M to expand retail presence
March 4, 2014
Gustos Coffee Co., producers of the Casa Grande brand of Puerto Rican-grown 100 percent Arabica coffee, is getting ready to expand its presence in the island’s retail market, investing $1 million in its operation to meet growing local demand for its aromatic home-grown java.
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Seaborne Airlines opens St. Maarten/SJU route
March 4, 2014
Regional carrier Seaborne Airlines announced Monday the start of new non-stop daily service from Luis Muñoz Marin International Airport in San Juan to the Princess Juliana International Airport in St. Maarten, which is now the 19th airport it has added to its roster of destinations during its recent expansion throughout the Caribbean.
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