Puerto Rico banks tweak hours for Christmas holiday
December 23, 2013
Puerto Rico is said to have one of the longest Christmas holiday seasons on the planet, and for the next two weeks many businesses and government offices will operate on special schedules in observance of those days.
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Restaurants balk at new PRASA regulatory charge
December 20, 2013
The Puerto Rico Restaurant Association raised a red flag Thursday against the decision by the Aqueduct and Sewer and Authority’s examiner to enact an Environmental and Regulatory Compliance fee based on consumption for customers whose meters are less than 2 inches in diameter, and a flat rate for those with larger meters.
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Meet Puerto Rico appoints new board members
December 20, 2013
Meet Puerto Rico, the private organization which markets and sells Puerto Rico as a meetings and convention destination, recently announced the full slate of executives serving on the organization’s new board of directors.
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EPA report: Mazda is most fuel-efficient manufacturer
December 20, 2013
The U.S. Environmental Protection Agency recently released its “Light Duty Fuel Economy Trends” report, confirming Mazda Motor Corporation as the most fuel-efficient auto manufacturer in the U.S. With the highest fleet-wide adjusted fuel economy performance of 27.1 miles per gallon, and the lowest CO2 emissions of 328, Mazda led the EPA’s chart for model year 2012.
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Ferry service to Vieques, Culebra may be cut back in Jan.
December 19, 2013
Ferry service between Puerto Rico and its island municipalities of Vieques and Culebra could be be significantly cut back starting in January, because the government has apparently decided not to renew its contract with private operator Puerto Rico Fast Ferries, this media outlet learned Wednesday.
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Smuckers sues Nestle for copyright breach in Puerto Rico
December 19, 2013
Ohio-based J.M. Smucker Co. filed a $10 million lawsuit Wednesday against Nestle S.A. and Nestle USA, alleging copyright infringement of its trademark checkered pattern that the later company allegedly use to sell baby food products in Puerto Rico.
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MIDA sues gov’t over Puerto Rico ‘national tax’
December 19, 2013
The Puerto Rico Marketing, Industry and Food Distribution Chamber (MIDA for its Spanish acronym), filed a lawsuit Thursday against the government, asking the San Juan Superior Court to declare the so-called “national tax” unconstitutional and order the Treasury Department to immediately publish exemption regulations.
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Seaborne Airlines relocating HQs to Puerto Rico
December 19, 2013
Seaborne Airlines announced Wednesday it has reached agreement with the Commonwealth of Puerto Rico to relocate its corporate headquarters from St. Croix in the U.S. Virgin Islands to San Juan as part of a multi-faceted arrangement that calls for a $16 million investment from the government, officials announced Wednesday.
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CRIM launches 100-day amnesty, seeks to collect $60M
December 18, 2013
The Municipal Revenue Collections Center, known as CRIM by its initials in Spanish, announced Tuesday the start of a 100-day amnesty relieving taxpayers who are in arrears with the agency from paying interest, surcharges and penalties on their debt.
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Puerto Rico chosen for Puma Energy’s regional office
December 18, 2013
In less than 18 months, the town of Bayamón will become home to Puma Energy’s fifth worldwide regional office, joining Tallin (Estonia), Johannesburg (South Africa), Brisbane (Australia) and Singapore as key locations for the company, officials announced Tuesday.
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24 organizations split $382K from Susan G. Komen
December 18, 2013
The Susan G. Komen Puerto Rico Financing Program recently awarded $382,244 to 24 nonprofit organizations for breast and health care, as well as quality treatment for Puerto Rican women.
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ICSC convention to focus on regional retail opportunities
December 17, 2013
The International Council of Shopping Centers is gearing up to host its 4th annual regional convention in Puerto Rico in February 2014, with an agenda of presentations that seek, among other objectives, to lay out opportunities for local retailers to export their goods and services, event organizers told this media outlet in an interview Monday.
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Sports Authority seeks managers for 2 new stores
December 17, 2013
Sports Authority, one of the largest full-line sporting goods retailers in the United States, announced Monday it will be hiring department managers for the company’s two newest locations in Plaza Las Américas and Plaza Carolina, which are set to open in early April 2014.
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Survey: Puerto Ricans are loyal to favorable workplaces
December 16, 2013
When it comes to accepting and staying at a job, Puerto Rican employees value a positive work environment over higher pay, according to some of the results included in the 6th Employment Survey conducted by nonprofits Universia and Trabajando.com this year.
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Crowley’s Puerto Rico warehouse gets FTZ classification
December 16, 2013
Crowley Maritime Corporation’s Caribbean logistics unit has recently been granted reclassification of its Puerto Rico warehousing and distribution center to Foreign Trade Zone status.
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