ACODESE skips Christmas lunch to donate to P.R. nonprofits
January 25, 2018
The Puerto Rico Association of Insurance Companies, known as ACODESE, opted-out of Christmas festivities to use the budget allocated for that to help “deliver a bit of joy to the most vulnerable populations, particularly children and the elderly,” said organization Executive Director Iraelia Pernas. “We have given donations to the Hogar Niñito Jesús Foundation, the […]
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PRT/Claro asks FCC to create $200M emergency fund for P.R. recovery efforts
January 23, 2018
Puerto Rico Telephone Co., which does business as Claro Puerto Rico, has asked the Federal Communications Commission to create $200 million emergency Universal Service Fund to help eligible companies restore services in insular areas affected by Hurricanes Irma and María.
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P.R. Telecom Board chief: Classifying telco service as essential ‘correct’
January 22, 2018
Puerto Rico Telecommunications Regulatory Board President Sandra Torres qualified as “successful and necessary” Gov. Ricardo Rosselló’s approval of a pair of aimed at strengthening telecommunications services on the island.
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Telecom Board grilling providers on charges, credits post-María
January 18, 2018
The Puerto Rico Telecommunications Regulatory Board has begun a series of meetings with the island’s major telecom providers to probe charges and credits to customers left without service after the hurricanes that slammed the island in September.
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Executive appointments at Humana, Rock Solid Technologies
January 18, 2018
This week’s executive appointments are at two recognized firms, each in their sectors of healthcare and technology.
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PRMA urges OBoard to ‘reconsider its role and objectives’
January 17, 2018
Given the impact on Puerto Rico’s economy from the onslaught of Hurricanes Irma and María, the collapse of the island’s power system and the changes to the U.S. tax code and its local effect, the Puerto Rico Manufacturers Association is urging the Financial Oversight and Management Board to reconsider its role and objectives.
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1st Red Lobster restaurant in P.R. opens in Plaza Las Américas
January 16, 2018
With an investment of $2 million and the creation of 170 jobs, the first Red Lobster restaurant in Puerto Rico will open for business today at the Plaza Las Américas mall in Hato Rey, company officials announced.
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Public relations professionals to hold annual convention
January 16, 2018
In the face of the new reality Puerto Rico is facing, the Puerto Rico Public Relations Professionals Assocition will hold its annual convention, "A new reality. A new beginning," Jan. 26-27, at the San Juan Marriott Resort & Stellaris Casino in San Juan.
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Corporate Ladder: Execs named in construction, insurance, hospitality
January 11, 2018
The first edition of Climbing the Corporate ladder in 2018 announces appointments in the areas of construction, insurance and Puerto Rico’s hospitality industries.
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Seaborne Airlines files for Ch. 11, selling itself to Silver Airways
January 10, 2018
Sea Star Holdings Inc., parent company for Seaborne Puerto Rico LLC, Seaborne Virgin Islands Inc. and affiliates, announced it has commenced a voluntary Chapter 11 bankruptcy reorganization proceeding to implement new financing and a sale of its assets to Silver Airways, LLC.
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P.R. Energy Commission unveils proposed microgrids regulation
January 10, 2018
Aware of the need to quickly and effectively restore Puerto Rico’s electrical service and simultaneously ensure its sustainable long-term development, the Puerto Rico Energy Commission has drafted the first regulation on the development of microgrids on the island.
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EDB offers emergency loans of up to $50K to help P.R. physicians recover
January 10, 2018
The Puerto Rico Economic Development Bank has signed an agreement with the College of Physicians and Surgeons to offer emergency loans of up to $50,000 to physicians whose practices were affected by Hurricane María.
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Nordstrom remains mum on reopening of its only store in P.R.
January 9, 2018
Fashion retailer Nordstrom Inc. remained mum on when it will reopen its only store in Puerto Rico, which a company spokeswoman confirmed experienced “extensive damage” from Hurricane María last September.
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Half of Burlington’s PR stores to remain shut thru Spring
January 8, 2018
Six of retailer Burlington's 11 stores in Puerto Rico will remain closed through Spring, as they recover from damages sustained after the passage of Hurricane María last September, this media outlet confirmed.
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P.R.’s budding cannabis sector ‘vulnerable’ after US DOJ policy change
January 5, 2018
Puerto Rico’s budding medicinal cannabis industry has been put in a tough spot after the U.S. Department of Justice reverted a number of guidance documents regulating the cultivation, distribution and possession of marijuana.
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