Tourism Chief: DMO will create new industry jobs
September 24, 2012
Puerto Rico Tourism Company Executive Director Luis Rivera Marín reiterated the government’s commitment to developing the tourism industry through the creation of a Destination Management Organization, which should increase the sector’s economic contributions and generate more jobs.
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Students, activists, artists participate in PARK(ing) Day 2012
September 24, 2012
Dozens of artists, activists and citizens occupied parking spaces in Puerto Rico and around the globe last week, turning them into public parks and other social spaces, as part of the annual PARK(ing) Day event.
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Taubman breaks ground on $405M upscale Mall of San Juan
September 21, 2012
Taubman Centers Inc. and New Century Development broke ground Thursday on the 650,000-square-foot Mall of San Juan, the island's first luxury retail development that will feature the first Saks Fifth Avenue and Nordstrom in the Caribbean.
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Businesses warming up to govt’s online bidders registry
September 21, 2012
More than 2,000 Puerto Rican companies have received their digital certifications through the government’s online bidders registry launched four months ago, General Services Administration Chief Olga M. de Cardona-Martínez told News is my Business.
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Popular launches partial guarantee loan option
September 21, 2012
Banco Popular de Puerto Rico launched Thursday what may be a first for the island’s commercial banking sector: giving consumers the option to put their savings up as partial collateral when applying for a personal loan.
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Hotel Campomar issued ‘cease and desist’ over illegal casino
September 21, 2012
The Financial Institutions Commissioner (known as OCIF for its initials in Spanish) announced Thursday it issued a “Cease and Desist” order against Hotel Campomar and Restaurant in Toa Baja, and its president Carlos Fuentes, for operating an unlicensed gambling hall.
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Parador Combate Beach expands Cabo Rojo property
September 21, 2012
Parador Combate Beach, also known as the Combate Beach Resort, in Cabo Rojo, began the second phase of its expansion and improvement program earlier this month, with an investment of some $275,000.
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FirstBank hosts educational talk for small-, mid-sized businesses
September 21, 2012
As part of its ongoing support of Puerto Rico’s small and medium businesses, FirstBank offered a seminar Wednesday night to its business customers on "Opportunities for entrepreneurs within the new tax frame," conducted by CPA Gabriel Hernandez of the BDO Puerto Rico accounting firm.
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Science Trust, Georgia Tech partnering to open institute
September 21, 2012
The Science, Research and Technology Trust is set to sign an agreement with the Georgia Institute of Technology to establish the Puerto Rico Institute for Research and Economic Development, to facilitate collaboration between industry and academia to promote research and development of marketable technologies, Economic Development and Commerce Secretary José Pérez-Riera said Thursday.
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FAA to review LMM P3; Aguadilla airport lands FTZ nod
September 20, 2012
Upon determining that the final application from the Puerto Rico Ports Authority and the Puerto Rico Public-Private Partnerships Authority to turn the management of the Luis Muñoz Marín International Airport over to private hands is “substantially complete,” the Federal Aviation Administration officially opened a 60-day review period.
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AT&T urges Puerto Ricans to curb texting while driving
September 20, 2012
In recognition of the national “No Text on Board Pledge Day,” today Puerto Rico government officials joined forces with wireless provider AT&T to put the brakes on a dangerous practice that puts millions of people at risk: texting while driving.
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Fortuño moves on DMO; García-Padilla balks at concept
September 20, 2012
Gov. Luis Fortuño told Puerto Rico hoteliers Wednesday he will be signing an executive order next week to formally establish a public-private workgroup to outline the structure and duties of what will be the island’s Destination Management Organization.
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Lexus awards $27K in scholarships to rising artists
September 20, 2012
As part of its commitment to enhance and promote the arts in Puerto Rico, Lexus has granted $27,000 in scholarships split equally between three emerging artists, the automaker announced Wednesday.
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SBA, AARP hosting ‘National Encore Entrepreneur Mentor Day’
September 20, 2012
The Puerto Rico office of the U.S. Small Business Administration and AARP Puerto Rico will team up Oct. 2 to host the first "National Encore Entrepreneur Mentor Day."
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New firm offers snapshot of Puerto Rico’s ‘Twitterverse’
September 19, 2012
The Twitter social network is abuzz with Puerto Rican members who use it well and often.
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