IHE hotels names new managers; new leaders at Iberia, CPAs get new exec. director
September 25, 2018
This edition of Climbing the Corporate Ladder includes new leadership appointments at three San Juan hotels, the arrival of a new sales director at an airline, and the announcement of a new executive director at professional organization.
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Luxury yacht cruise lines Windstar, SeaDream to visit Vieques, Culebra from Oct. to March
September 21, 2018
Luxury small cruise ship companies SeaDream Yacht Club and Windstar Cruises will make scheduled stops in Vieques and Culebra from October to March 2019.
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P.R’s tourism execs say sector will rebound, grow as it recovers post-Hurricane María
September 20, 2018
During this episode of "Dollar$ and $ense," Puerto Rico Tourism Co. Executive Director Carla Campos and Discover Puerto Rico CEO Brad Dean offer their predictions for the upcoming high season and the first half of 2019.
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Study: P.R. faces ‘major’ challenges to achieve post-recovery economic growth
September 20, 2018
In its analysis of the “Balance of the Economy Post Hurricane María,” the firm stated that while the economy has rebounded, the expected real growth in Gross National Product will be temporary.
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Walmart Puerto Rico to boost local product purchases by $20M in 5 years
September 20, 2018
Currently, of the $1.6 billion in annual purchases from about 300 suppliers, distributors and companies located in Puerto Rico, Walmart invests around $500 million in locally manufactured or harvested products.
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Agriculture Dept. says 100% of ‘lechón’ for the holiday season will be local
September 20, 2018
The Agriculture Department and the Puerto Rico Pork Producers Cooperative unveiled a joint initiative to put local roasted pork, known as “lechón asado," back in the island’s restaurants ahead of the upcoming holiday season.
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Aerostar invests some $70M in LMM airport in post-María repairs
September 14, 2018
Aerostar Airport Holdings, operator of the Luis Muñoz María International Airport in San Juan, confirmed it has invested close to $70 million to repair Puerto Rico’s main air traffic hub.
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Semillero Ventures injects $1.8M into Seal the Seasons; P.R. farmers to benefit
September 12, 2018
Part of the investment will go toward backing Seal the Seasons’ entry into the Puerto Rico market, where it will look to sign up farmers producing fruit — initially papaya, pineapple and mango — to be distributed locally and stateside.
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Echar Pa’lante seeks to drive P.R.’s economic development through entrepreneurship
September 10, 2018
Representatives of the Echar Pa'lante movement press on the urgent need to implement public policies and concrete actions to promote entrepreneurship at all levels as one of the engines for economic growth in Puerto Rico.
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Y&R Puerto Rico launches AI tool to measure value of brands on social networks
September 7, 2018
The easy access to them promotes free expression by creating communities that are of great interest to the brands that have ventured into the digital world, by maintaining their presence in the networks.
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Foundation for P.R’s ‘Small Business Cash Grant’ program supports 200 ‘mom-and-pops’
September 6, 2018
The nonprofit confirmed that 93 percent of the businesses supported through the initiative remain in operation.
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Coliseo de Puerto Rico in line for $6.2M upgrade ahead of 15th anniversary
September 5, 2018
The arena, known as the “Choliseo,” opened its doors in 2004 and has hosted 1,073 events attended by more than 7.7 million people.
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Perspectives and predictions for this year’s holiday shopping season
September 4, 2018
Executives Jorge Agüelles-Morán, president of the United Retailers Association, and Iván Báez, president of the Puerto Rico Retail Sales Association, offer their predictions for this year's holiday shopping season on the island.
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P.R. gov’t fetches $11.6M for former ‘Sears property’ in Hato Rey; 13 other assets on the block
September 3, 2018
The government of Puerto Rico has sold a commercial lot, known as the “former Sears property” in Hato Rey — held in the defunct Government Development Bank’s portfolio — for $11.6 million.
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Discovery Bay Resort & Marina beachfront property in Aguadilla still for sale
September 3, 2018
The price for a 200-acre beachfront property in Aguadilla that had been reserved for the Discovery Bay Resort & Marina development has dropped to $3 million, from the $9 million sought three years ago through an auction.
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