Private sector groups ask PRASA to delay new water fee
October 30, 2013
Sixteen organizations representing a cross-section of the island’s private sector warned the Puerto Rico Aqueduct and Sewer Authority that a new environmental fee currently under review will represent a blow to economic development, cause business closures, bankruptcies and the loss of thousands of jobs.
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Kmart launches online layaway, store-to-home shipping in Puerto Rico
October 30, 2013
Kmart announced Tuesday that it will extend its integrated retail shopping conveniences to customers in Puerto Rico, offering more flexibility both in-store and online.
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SBA: Fiscal ’13 is 3rd highest year of lending to date
October 30, 2013
The U.S Small Business Administration announced Tuesday that it has reached its third highest year of lending to date, surpassed only by two record years of supporting more than $30 billion in Fiscal 2011 and 2012.
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Moody’s: Puerto Rico facing greater odds of defaulting
October 29, 2013
Puerto Rico is facing better odds of defaulting on its debt, Moody’s Analytics said Monday, adding that fiscal problems, high unemployment rate and a shrinking population are fueling the problem.
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IMC jump-starting plans to expand in LMM, Puerto Rico
October 29, 2013
International Meal Company is jump-starting plans announced last year to make significant investments in its operations at the Luis Muñoz Marín International Airport, as well as expand its reach outside the facility with the establishment of at least three Carl’s Jr. burger restaurants, company officials confirmed Monday.
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High prospects for Puerto Rico Bath & Body Works stores
October 29, 2013
Retailer Bath & Body Works made its highly anticipated debut in Puerto Rico Monday — more than two decades after first setting up shop in Ohio — with the opening of a 4,700 square-foot store in the Plaza Las Américas mega-mall in Hato Rey.
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Oriental records $16.2M profit in 3Q13
October 29, 2013
OFG Bancorp reported Monday its results for the third quarter ended Sept. 30, which showed income available to common shareholders of $16.2 million, up 10 percent from the $14.7 million reported in the same year-ago quarter.
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Survey: Professional growth must be ongoing process
October 28, 2013
Constant changes in the labor market make it necessary to develop a career plan, have initiative, and be in continuous training to be competitive in the face of new daily challenges.
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Pharmaceutical industry preparing for transformation
October 28, 2013
The Puerto Rico Pharmaceutical Industry Association will be hosting its 24th annual convention this week, when local and stateside speakers will discuss strategies that companies can apply to transform for a better future — this year’s theme.
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Abertis to recognize academic excellence in Puerto Rico
October 28, 2013
Students or alumni of accredited universities in Puerto Rico that have submitted a master or doctoral dissertation related to the management of infrastructure and transportation services this year, may qualify to receive the “abertis in Transportation and Infrastructure Management” award, company officials said.
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Op-Ed: SBA ‘tickled pink’ about women entrepreneurs
October 28, 2013
For more than two decades now during the month of October, the color pink has been a symbol of awareness, and women and men alike across the world unabashedly wear it in support of breast cancer victims and its survivors.
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Puerto Rico Products Assoc., Orlando CofC team up
October 28, 2013
The Puerto Rico Products Association and the Hispanic Chamber of Commerce of Metro Orlando recently signed a collaborative agreement with the goal of promoting products and services in Puerto Rico through entrepreneurs and investors in the central Florida city.
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Gov’t to promote Puerto Rico as int’l insurance hub
October 28, 2013
Several Puerto Rican government officials will be heading to London this week to promote the island as a potential hub for insurance companies.
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Popular Foundation marks ‘Make a Difference Day’
October 28, 2013
Thousands of Banco Popular employees and their families donated their time Saturday to participate in the “Make a Difference Day,” to support nearly 100 community projects in Puerto Rico, the U.S. Virgin Islands and the U.S. mainland.
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Santander Puerto Rico earns 12M euros in 3Q13
October 25, 2013
Banco Santander Puerto Rico reported a profit for the third quarter of 12 million euros and 64 million through September, an increase of 69.8 percent year-over-year.
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