Auto trade group: Puerto Rico sales will be ‘stable’ in ’14
January 23, 2014
The United Group of Automobile Importers, (known as GUIA for its initials in Spanish), predicted Wednesday a stable 2014 for auto sales in Puerto Rico and the U.S. Virgin Islands, after wrapping 2013 with virtually flat results.
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PREPA signs off on 6 renewable energy contracts
January 22, 2014
The Puerto Rico Electric Power Authority has reached agreements with six renewable energy companies who will now produce power that is expected to generate $63 million in savings for the agency in 20 years, Executive Director Juan Alicea said Tuesday.
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FirstBank, MasterCard pick Grammy Awards trip winner
January 22, 2014
Five FirstBank MasterCard cardholders recently were chosen as the winners of the "FirstBank MasterCard and take you to see the Grammy Awards" promotion, with one taking the grand prize — a trip to Los Angeles for the music industry’s most important annual celebration.
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Pandora Radio taps into Puerto Rico’s music, ad mix
January 21, 2014
After achieving massive popularity among Puerto Rico music lovers in recent years, Pandora Radio has been quietly carving a niche for itself since late 2013 as a multi-faceted digital advertising vehicle capable of reaching audiences in a very targeted manner.
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Plaza Las Américas keeps trolley service, adds new stops
January 21, 2014
The free transportation service that Plaza Las Américas launched late last year as a pilot program will officially restart today, with new stops linking the mall with the Hato Rey sector.
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Avaya unveils ’14 strategy for Puerto Rico, region
January 20, 2014
Business collaboration and communications software and services provider Avaya held its Puerto Rico Partner Connection Day 2014 last week, featuring keynote speeches by top company executives who discussed plans for this year and recognized the achievements of its outstanding business partners.
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Caguas start-up launches mobile app to help buy gifts
January 20, 2014
WLG Innovations, a technology start-up firm based in Caguas, recently launched an mobile application to help users to choose and acquire gifts. The app is available in the Apple store for free for iPhone users who have a Facebook account. said company founder, Pedro José Aponte-Gil de Lamadrid,
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$60M aluminum can manufacturing plant opens in Cidra
January 17, 2014
Caribbean Can Manufacturing Company, LLC, a new $60 million one-of-a-kind aluminum can manufacturing plant based in Cidra was officially inaugurated today, marking the the birth of a new local industry, company officials said.
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Abertis president reaffirms commitment to Puerto Rico
January 17, 2014
Salvador Alemany, president of Spanish infrastructure firm abertis, which is partner in the consortium that operates one of Puerto Rico’s busiest highways, was on the island Thursday participating in a series of meetings, including a brief encounter with Gov. Alejandro García-Padilla.
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CNE gets $1.9M grant from Open Society Foundations
January 16, 2014
The Center for a New Economy will receive $1.9 million over the next two years from the Open Society Foundations to develop a “specific and measurable plan to increase civic capacity, transparency, and access to justice and equity in Puerto Rico.”
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Utuado senior housing project gets $400K federal award
January 16, 2014
The Federal Home Loan Bank of New York announced Wednesday the award of a $400,000 grant to Pathstone, Inc. to help finance the Valle Dorado project, which will construct a new building providing 32 affordable homes for very low-income seniors in Utuado.
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Spanish bookstore chain opening 1st Puerto Rico store
January 16, 2014
Spanish bookstore chain Beta Bookcafé will open its first store in Puerto Rico, and the region, in Carolina on Jan. 31, company officials announced Wednesday.
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Fuddruckers opens 1st location in Dominican Republic
January 16, 2014
Texas-based burger franchise Fuddruckers is expanding its Caribbean presence with the opening of its first Dominican Republic restaurant in Santo Domingo through a partnership with franchisee Eduardo J. Gadala-María and Giancarlo Bonarelli, the company announced.
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Bhatia’s energy bill gains private-sector support
January 15, 2014
A number of prominent private-sector leaders expressed their support Tuesday of Senate Bill 837, which proposes to create the Puerto Rico Energy Regulatory and Oversight Commission to, among other things, begin reeling in local electricity costs.
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Governor appoints 3 to Ponce Port Authority board
January 15, 2014
Gov. Alejandro García-Padilla submitted nominations to the Senate designating three new directors to the Ponce Port Authority, La Fortaleza announced Tuesday.
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