6 co.’s pledge to create 545 new jobs in Puerto Rico
November 19, 2013
Five companies doing business on the island — and a newcomer that will open soon — have confirmed plans to expand their operations in Puerto Rico, creating 545 jobs through combined investments of more than $51.3 million, Gov. Alejandro García-Padilla said Monday.
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Marco’s Pizza chain entering Puerto Rico with 40 stores
November 19, 2013
Ohio-based Marco's Pizza, the fastest growing pizza franchise in the United States with 1,500 new franchise deals signed, is set to bring its authentic Italian flare to Puerto Rico, having recently inked a deal to open 40 stores over the next nine years.
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Several banks run special holiday hours for Discovery Day
November 19, 2013
Several major Puerto Rico banks will be operating on a special schedule today in observance of the Discovery Day holiday.
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DISH Puerto Rico now available at Costco
November 19, 2013
Paid television provider Dish Puerto Rico announced Monday it has added discount club chain Costco to its list of retailers selling the service on the island.
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EPA grants $30K to improve water quality in Vieques
November 19, 2013
The U.S. Environmental Protection Agency has awarded $30,000 to the Vieques Historical and Conservation Trust to fund surveys of old and decaying septic systems in five neighborhoods in the island municipality.
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CBP Global Entry program enrolls 1M ‘trusted travelers’
November 19, 2013
U.S. Customs and Border Protection announced Monday that one million people have been given the designation of a ‘trusted traveler’ through the Global Entry program launched five years ago, which provides arriving travelers with a quicker, more efficient and more secure entry process into the United States.
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Puerto Rico-based EVERTEC opens branch in Colombia
November 18, 2013
EVERTEC, a company with more than 25 years experience and considered the leading full-service transaction processing business in Latin America and the Caribbean, announced it is establishing operations in Colombia this month.
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Economist: Puerto Rico’s road to economy feasible, long
November 18, 2013
Puerto Rico’s road to economic recovery is feasible, but remains a long one and depends entirely on the government’s commitment to lowering electricity costs, stabilizing fiscal revenue, reverting net outward migration, and increasing private investment, H. Calero Consulting Group Inc. expressed in the latest edition of “Compass,” its quarterly publication.
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Stryker CEO predicts growth for Puerto Rico operation
November 18, 2013
Medical device manufacturer Stryker could be on a path toward growth in Puerto Rico.
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COSSEC wraps up Fiscal ’13 with $229.2M in assets
November 18, 2013
The Corporation for the Supervision and Insurance of Puerto Rico Cooperatives, known as COSSEC in Spanish, wrapped up Fiscal 2013 with $229.2 million in assets, a 5.86 percent year-over-year increase, President Daniel Rodríguez-Collazo said during the entity’s annual convention this weekend.
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Puerto Rico’s 1st official Human Dev. Report underway
November 18, 2013
Puerto Rico government officials announced the start of the process to prepare the island’s first official Human Development Report, to be based on the methodology that the United Nations Program for Development has been using since 1992.
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$240M facelift takes off at Puerto Rico’s LMM airport
November 18, 2013
The highly anticipated facelift announced earlier this year for the Luis Muñoz Marín International airport has taken off at Terminals B and C, at a cost of $240 million, facilities operator Aerostar Airport Holdings confirmed Sunday.
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Puerto Rico CPAs to offer CIRA certification review, exam
November 18, 2013
For the first time in Puerto Rico, the Association of Insolvency and Restructuring Advisors, in coordination with the CPA Society, will be offering exams to be qualified as a Certified Insolvency and Restructuring Advisor.
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420K lbs. of long-grain rice harvested in Lajas Valley
November 18, 2013
Government officials celebrated Sunday the first successful harvest of rice in Puerto Rico in the last 30 years from seeds planted in the Lajas Valley in the summer.
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Lilly to invest $200M in Puerto Rico insulin production
November 15, 2013
In response to the growing diabetes epidemic and increasing demand for insulin around the world, pharmaceutical company Eli Lilly and Co. announced Thursday it will invest more than $700 million to enhance its insulin manufacturing capacity in Puerto Rico, France and China, as well as in its Indianapolis global headquarters.
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