The International Federation of Library Associations and Institutions, or IFLA, will be holding its 77th annual convention in San Juan, Aug. 13-18, an event that is expected to draw thousands of participants and represent an economic boost to the island estimated at $6 million.
Playa Esperanza in Vieques Hoteliers and small-inn owners in Vieques — who have seen their occupancy rates drop by 14 percent during the first eight months of the current fiscal year — are being offered the chance to participate in a two-day training workshop that the Puerto Rico Tourism Company has scheduled to promote sustainable […]
Ports Executive Director Alberto Escudero (Credit: © Mauricio Pascual) Maritime shippers will begin paying a new “enhanced security fee” over cargo brought into the San Juan port starting next week, which Ports Authority Executive Director Alberto Escudero defended Wednesday, amidst criticism and concern from local trade organizations and politicians. During his first press conference since […]
The U.S. Small Business Administration has selected pharmacist Mariely Díaz, president and CEO of Optima Fusion Pharmacy Inc. in Dorado, as Puerto Rico’s Small Business Person of the Year, the agency announced Tuesday. She, along with winners from across the 50 United States, the District of Columbia, the U.S. Virgin Islands and Guam, will be […]
Three Latin American countries — Argentina, Brazil and Paraguay — are among five nations that recently threw their support behind livestock cloning as one of many agricultural technologies that can help meet the world’s growing demand for sustainable food production.
Morton’s The Steakhouse in San Juan Chicago-based Morton’s Restaurant Group Inc., parent company of Morton’s The Steakhouse, an upscale eatery that has called the Caribe Hilton hotel its home for the past decade, may be seeking a buyer. The restaurant operator announced last week it is exploring “strategic options,” for its 77 steakhouse restaurant chain […]
FirstBank Puerto Rico recently won a foreclosure case worth $83.1 million related to an upscale residential development project located at the heart of Coral Gables, the South Florida Business Journal reported.
October 2004 — The former Cingular Wireless, a joint venture of SBC Communications and BellSouth, completed a $41 billion merger with AT&T Wireless Services Inc., formerly part of AT&T Corp. But the changes did not stop there. In December 2006, Cingular became wholly owned by the new AT&T as a result of the latter’s acquisition […]
Wireless telecom giant AT&T disclosed plans Sunday to acquire competitor T-Mobile USA for a cash and stock transaction worth $39 billion from its parent, Deutsche Telekom. In Puerto Rico, the deal would represent the marriage of the number one and number three wirele ss carriers, the reduction of the number of players to four, and […]
The number of people age 15 and older accessing the Internet in Puerto Rico grew about 8 percent year-over-year to about 1.2 million, according to the results of a study conducted by comScore Inc., a leader in measuring the digital world. Despite the modest growth result for the island, the positive performance evidences a growing […]
Plaza Carolina, the island’s second-largest shopping center, will be getting a facelift starting this Spring when an undisclosed amount will be pumped into sprucing up the retail complex, owner Simon Property Group Inc. said Thursday.
Nearly two years after announcing plans to harness solar power to cut down on its energy consumption, Walmart de Puerto Rico unveiled the first of several rooftop solar systems it plans to install throughout its local stores, in conjunction with Sun Edison LLC.
Toyota vehicle sales on the island were brisk last month, when the company reportedly moved 2,081 units, or 20 percent more when compared to February 2010 sales, company officials said Monday.
Venture capital fund Grupo Guayacán Inc. announced Monday the second edition of the Guayacán Venture Accelerator program, offering 10 local companies the opportunity to explore ways to grow their operations through an advanced course of study.
OCIF Chief Alfredo Padilla offers details on new Institute, as education division director Velia Cardona looks on. Financial Institutions Commissioner Alfredo Padilla announced Monday the creation of the Financial Education Institute, whose main goal is to offer financial education to island residents. The Institute will operate two areas: a Research and Analysis Center, equipped with […]
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