Global Learning and Consulting Corp. expands to LatAm
June 28, 2013
Coinciding with its ninth anniversary, Puerto Rican firm Global Learning and Consulting Corp. is expanding its operation into Latin America to continue its role as Microsoft Corp. partner, implementing the software giant’s products in the region, Ernesto Rivero, president GLC LatAm said.
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Op-Ed: Against the Jones Act
June 28, 2013
A recent study by the firm Estudios Técnicos, paid by Jones Act shippers, purports to show the benefits for Puerto Rico of the Jones Act. The federal law requires all goods transported by water between U.S. ports be carried in U.S.-flag ships, built in the U.S. and crewed by U.S. citizens and permanent residents. The analysis, as described by a local business publication, makes for sad reading.
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Kraft looking to encourage ‘couponing’ in Puerto Rico
June 28, 2013
Looking to encourage the practice of couponing on the island, Kraft Foods Group Puerto Rico LLC announced Wednesday its plans to launch a series of regular manufacturers discount coupon offers to help consumers save money.
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Roblex Aviation seeks Ch. 11 protection
June 28, 2013
For the second time in as many years, Puerto Rican cargo airline Roblex Aviation has filed for Chapter 11 bankruptcy protection, listing more than $637,208 in debt.
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Puerto Rico P3 Authority moves on 4 key construction projects
June 27, 2013
The Puerto Rico Public-Private Partnerships Authority board recently decided to move forward with the evaluation of four new construction priority projects, namely the commuter train from Caguas to San Juan, a new women’s correctional facility, a new men’s correctional facility, and the conversion to natural gas of the Puerto Rico Electric Power Authority power plants in San Juan and Palo Seco, government officials said Wednesday.
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Experts: Puerto Rico’s problems rooted in gov’t inability to change
June 27, 2013
Puerto Rico’s current economic situation is deep-rooted in the government’s inability to understand the gravity of the problem and the outcome of doing the same things over and over again, while expecting different results.
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4K-plus enroll in Puerto Rico ‘TweetMyJobs’ platform in 12 days
June 27, 2013
Just 12 days after the Puerto Rico government implanted the TweetMyJobs platform, some 4,497 people have registered on the website to start their search for jobs, the Economic Development and Commerce Department said Wednesday.
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Scotiabank grants $5M in financing to Auxilio Mutuo Hospital
June 27, 2013
Scotiabank de Puerto Rico recently granted $5 million in financing to Auxilio Mutuo Hospital to help purchase special Variam Medical Systems equipment for the institution’s radiotherapy center.
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Managing social media strategy requires training, proper software
June 26, 2013
The role that social media plays in today’s business world is gaining more ground with each passing day, making it crucial for companies to manage their online presence proactively and virtually in real-time.
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AON Puerto Rico staff pitches in for ‘Global Service Day’
June 26, 2013
AON, a global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services provider, recently brought together its employees and their families to celebrate its “Global Service Day” in Puerto Rico.
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Doral announces 1-for-20 reverse stock split
June 25, 2013
Doral Financial Corporation today announced a 1-for-20 reverse stock split of its common stock that will be effective June 28, at 4 p.m.
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Puerto Rican millionaires flocking to Scrub Island Resort
June 25, 2013
The Scrub Island Resort, Spa & Marina, a $150 million tourism/residential complex development named after its location on a 230-acre island by the same name a mile east from Tortola in the British Virgin Islands, is attracting Puerto Rico’s well-to-do to is pristine waters and posh amenities.
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Wendy’s Puerto Rico buys $12M in local goods annually
June 25, 2013
In its quest for freshness and to uphold high quality standards, Puerto Rico’s Wendy’s franchisee invests about $12 million a year in goods from local farmers and producers.
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AA, Seaborne Airlines announce codeshare deal
June 25, 2013
American Airlines announced Monday the launch of a new codeshare agreement with St. Croix-based Seaborne Airlines, providing customers access to six destinations in the Caribbean out of Puerto Rico.
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Chamber’s College chapter to host ‘Business Camp’
June 25, 2013
For the fifth consecutive year, the Puerto Rico Chamber of Commerce College Chapter will host its “Business Camp” during the group’s upcoming annual convention. The event will benefit 50 university students who will have the opportunity to visit four companies from different sectors on the island, learn their stories and interact with other young entrepreneurs.
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