Gov’t-sponsored ‘Family Market’ nets $2M in sales
February 18, 2014
Some 55 Agriculture Department-certified farmers have seen their sales blossom since last August, through their participation in government-sponsored “Family Markets,” held regularly throughout Puerto Rico.
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Downgrade to have limited impact on Puerto Rico co-ops
February 17, 2014
Puerto Rico’s co-op sector is expected to experience a “reduced impact” as a result of last week’s triple downgrade of Puerto Rico’s credit to junk by U.S. ratings agencies.
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Banks run special hours for Washington’s Birthday
February 17, 2014
Puerto Rico banks will be operating on a special schedule today in observance of the Washington’s Birthday holiday. Following are the schedules for the major banks.
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Execs named in tech, advertising, hospitality industries
February 17, 2014
Puerto Rico's technology, advertising and hospitality industries welcomed new executive in recent weeks.
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Banfield Pet Hospital opening in El Señorial Plaza Mar. 1
February 17, 2014
Banfield Pet Hospital is scheduled to open its second Puerto Rico location at El Señorial Plaza on Mar. 1, just a month after the opening of its first location in Guaynabo.
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Treasury issues $902K in fines to sales tax evaders
February 14, 2014
The Puerto Rico Treasury Department has assigned 20 agents to find and fine businesses in the towns of Carolina and Trujillo Alto who have failed to remit sales and use tax money, as required by law.
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‘Choliseo’ turns 10 with full agenda, photo gallery
February 14, 2014
The Puerto Rico José Miguel Agrelot Coliseum is marking its 10th anniversary of operations this year as one of the most productive venues in the world — with more than $245 million in ticket sales so far, company executives said this week.
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Op-Ed: A brave, new market
February 14, 2014
As the economy contracts further, many small biz owners are letting their laments fly sky high. “Con el grito en el cielo.” Sales of services or products seem to stall at times like these, much to everyone's chagrin.
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Gov. García-Padilla: Administration has created 41K jobs
February 13, 2014
Gov. Alejandro García-Padilla said Wednesday his administration has created some 41,145 new jobs in the past 12 months, under the Jobs Now Act legislation passed in January 2013 to boost employment in Puerto Rico.
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DACO seeks to regulate online group coupon sales
February 13, 2014
The Consumer Affairs Department is looking to regulate the online sale of group coupons through a regulation that would protect consumers from fraudulent offers.
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Moody’s puts 3 Puerto Rican banks under ratings review
February 12, 2014
Several days after downgrading Puerto Rico's general obligation bond rating to Ba2, or junk, Moody's Investors Service placed on review for downgrade certain ratings of three local banks: Banco Santander Puerto Rico, Popular Inc. and FirstBank Puerto Rico.
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Prouty: ‘Puerto Rico must become Caribbean tech hub’
February 12, 2014
As part of last week’s celebration of the IT Cluster & CIO Summit, businessman Nicholas Prouty, managing partner of investment firm Putnam Bridge, urged members of the island’s technology sector to join forces to convert Puerto Rico into a powerful technological center for the Caribbean region.
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Insight Managing Solutions investing $200K to expand
February 12, 2014
Through an estimated investment of $200,000, Puerto Rican company Insight Managing Solutions will expand its operations in San Juan, after reaching an incentives agreement with the Puerto Rico Industrial Development Company, representing a commitment to create 100 new jobs over the next 36 months, company and government officials announced Tuesday.
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Rutgers, Center For Puerto Rico partner to offer program
February 12, 2014
The Center for Puerto Rico, in collaboration with Rutgers University, announced Tuesday the launching of the first program in community development to be offered in Puerto Rico.
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Santa Isabel tomato producer launches promo campaign
February 12, 2014
Fresh produce distributor Caribbean Produce Exchange announced this week the statt of a new integrated marketing campaign to promote and support the 2014 tomato crop, while educating consumers on the health benefits and versatility of the fruit.
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