Petco opens 2nd Puerto Rico store in Ponce
December 9, 2013
Pet specialty retailer Petco opened its second store in Puerto Rico last week, at the Ponce Mall.
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Filming of ‘22 Jump Street’ to pump $9M into economy
December 6, 2013
For the next two weeks, parts of San Juan will become the backdrop for the filming of “22 Jump Street,” a Hollywood production that is expected to pump $9 million into the Puerto Rican economy.
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Manufacturers worried over possible minimum wage hike
December 6, 2013
Following President Barack Obama’s announcement of his intention to revisit the proposal to increase the federal minimum wage to between $9 and $10 an hour starting in 2015, the Puerto Rico Manufacturers Association on Thursday raised a warning flag over the possible effects the hike could have on local companies given the island’s economic situation.
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Arcos Dorados opens 3 new McDonald’s in Puerto Rico
December 6, 2013
Arcos Dorados, the company that operates the McDonald’s brand in Latin America and the Caribbean, announced the opening of three new restaurants in Puerto Rico that will generate a combined 240 jobs, Luis Raganato, regional director of Arcos Dorados said Thursday.
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FirstBank to raise funds for SER de Puerto Rico via ATMs
December 6, 2013
FirstBank, in partnership with transaction processing company EVERTEC, announced Thursday the start of a campaign to raise funds for nonprofit Ser de Puerto Rico, an organization dedicated to offering a variety of services to special needs children and adults.
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Salvation Army, Walmart Puerto Rico join for toy drive
December 6, 2013
The Salvation Army and Walmart have teamed up for the "Fill the Truck" campaign, urging the public to donate toys to Puerto Rico children whose families are economically disadvantaged.
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Hyatt Place Bayamón pursues medical, sports tourism
December 5, 2013
With 5,000 hotel room nights already booked during a pre-opening sale launched three months ago, the $49.5 million Hyatt Place & El Tropical Casino opened for business Wednesday in Bayamón, bringing the global brand back to Puerto Rico after a 10-year hiatus.
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Gov’t, PRTEC team up to boost small, mid-sized biz growth
December 5, 2013
Puerto Rico Trade and Export and the Puerto Rico Techno Economic Corridor signed a partnership agreement Wednesday to boost the commercial development and job creation along the island’s western flank.
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Pearl Seas Cruises to visit Puerto Rico for 1st time in ’15
December 5, 2013
Pearl Seas Cruises announced this week its spring 2015 Caribbean schedule for its new 210-passenger Pearl Mist, which is slated to anchor in Puerto Rico, as well as the Bahamas, U.S. and British Virgin Islands, Turks and Caicos, St. Martin, Martinique.
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Puerto Rico places 33rd in international corruption index
December 4, 2013
Puerto Rico slipped one notch to 33rd place in Transparency International’s Corruption Perceptions Index 2013, but remains among the world’s cleanest countries in terms of levels of dishonesty in the public sector. In 2012, the island placed 32nd.
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Puerto Rico pursuing Boeing’s manufacturing business
December 4, 2013
Puerto Rico government officials confirmed Tuesday the García-Padilla administration is working on a proposal to persuade aerospace giant Boeing to build its new 777X aircraft on the island, which could create thousands of jobs and billions of dollars in much-needed economic activity.
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Crowley to use San Juan as Caribbean transshipment hub
December 4, 2013
Less than a week after disclosing plans to invest new vessels to serve the Puerto Rico route, maritime shipper Crowley and the Gov. García-Padilla administration announced Tuesday the company’s plans to turn the island into its export hub for the Caribbean.
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Puerto Rico CIO hosting 1st UX/UI Bootcamp event
December 3, 2013
The Puerto Rico Office of the CIO, in conjunction with the Science, Technology and Research Trust, will host the first UX/UI Bootcamp Empirical Design Marathon to develop a style guide that defines best practices for design, flow, navigation and structure of the government’s information systems.
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Point Guard lands Puerto Rico certificate of authority
December 3, 2013
Point Guard Insurance announced Monday it has obtained the required certificate of authority issued by the Puerto Rico Insurance Commissioner’s Office, officially becoming the island’s newest new property and casualty insurer.
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Scrub Island files Ch. 11 to deflect FirstBank receivership
December 2, 2013
Scrub Island Development Group Ltd., the owner of a posh resort in the British Virgin Islands, has filed for Chapter 11 protection in a Florida bankruptcy court to ward off a request for receivership granted to FirstBank Puerto Rico through which it seeks to collect on a $108 million loan.
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