Forteza expands line of fine chocolate products; bets on local cocoa bean harvest
May 24, 2018
Motivated by a strong growth in sales, Forteza Caribbean Chocolate announced the expansion of the offer of flavors that make up the line of fine chocolate bars Forteza One Bar, supported by an aggressive strategy to increase the cultivation of cocoa beans in Puerto Rico to meet the local and international demand.
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Owner of Wind Chimes Inn, Acacia Inn, Blue Horizon files for bankruptcy
May 24, 2018
Two boutique hotels in San Juan and a third in Vieques have been included in separate Chapter 11 bankruptcy petitions filed this week by owner John Dennis-Brull.
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Op-Ed: Hurricane preparedness ‘makes good business sense,’ says FEMA
May 22, 2018
Employers and business owners should consider the impact a hurricane could have on their facilities and their relationships with customers, their own employees and their bottom line.
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Ana G. Méndez University System rebranding, streamlining operations
May 21, 2018
The Ana G. Méndez University System is analyzing and evaluating unifying its brands — potentially doing away with the Universidad del Turabo, Universidad Metropolitana and Universidad del Este names.
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Despite Hurricane María’s wrath, P.R.’s internet use jumps to 75%
May 18, 2018
The use of the internet in Puerto Rico continued its upward trend in 2018 after the passage of Hurricane María, reaching an incidence of 75 percent among users 12 years and older, equivalent to 2.2 people, according to the results of the 2018 Digital & Mobile Behavioral Study.
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Next-generation Jeep Wrangler to hit P.R. roads
May 17, 2018
The Jeep brand announced the Puerto Rico arrival of the new generation of the icon of the brand, the Jeep Wrangler, designed to remain true to its 77-year legacy.
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P.R.’s new car sales grow 37.3% in April driven by insurance payments
May 16, 2018
New car sales in Puerto Rico reached 8,105 units in April, representing a 37.3 percent increase over the 5,903 units sold during the same month last year, the United Group of Automobile Importers confirmed.
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Microsoft asks FCC to OK use of open TV ‘white space’ to reconnect PR/USVI
May 14, 2018
Technology giant Microsoft Corp. has asked the Federal Communications Commission to allow it to temporarily use so-called “TV white space” to operate on those channels to restore communications capability in areas of Puerto Rico and the U.S. Virgin Islands affected by Hurricanes Irma and María.
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P.R. economic activity shows 2.6 percent drop Y-O-Y in March
May 11, 2018
Puerto Rico’s Economic Activity Index, released by the Economic Development Bank, reached a level of 119.3 in March.
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Liberty P.R. expects to have ‘full connectivity’ by June; lost $45M in revenue post-storms
May 10, 2018
Liberty Puerto Rico has restored 80 percent of its infrastructure, ravaged by Hurricanes Irma and María last September, and expects to be fully back online by June, after investing $130 million in repairs.
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Puerto Rico Comic Con to generate $2.5M in economic activity May 18-20
May 9, 2018
The Puerto Rico Comic Con, slated to take place May 18-20 at the Puerto Rico Convention Center in San Juan, is expected to generate some $2.5 million in economic activity.
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Puerto Rican grocery chain Econo breaks ground on $90M distribution, service facility
May 4, 2018
Econo, a local supermarket chain founded in 1970, is investing $90 million in a new state-of-the-art Distribution and Services Center located in the northern town of Canóvanas, slated to open in 2020 in time for the company’s 50th anniversary.
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Hyundai de Puerto Rico ushers in new president, redesigned Accent ’18
May 4, 2018
Automaker Hyundai de Puerto Rico announced the arrival of a new CEO for its brand in Puerto Rico, Tatsuo Takahashi, who takes over the reins of the operation as new and redesigned vehicles are introduced into the lineup.
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Foundation for P.R. bets on visitor economy as ‘engine for reconstruction’
May 3, 2018
Puerto Rico’s “visitor economy” may represent a greater economic impact than tourism statistics alone suggest, so there is a need to design a measuring mechanism to produce a “sustainable, growing cluster of industries that drive further development and growth.”
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T-Mobile, Sprint to merge; P.R. Telecom Regulatory Board to comment to FCC
April 30, 2018
Wireless carrier T-Mobile U.S. announced an agreement to buy the assets and operations of Sprint Corp., in an all-stock transaction worth about $60 billion.
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