Builders, gov’t partner to revitalize infrastructure
June 9, 2017
The Puerto Rico Infrastructure Financing Authority (AFI, as it is known by its initials in Spanish) and the General Contractors Association signed two collaboration agreements Thursday during the trade group’s infrastructure forum.
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Lawmakers start hearings on proposed $9.5B budget
June 8, 2017
Members of the House and Senate Treasury Commissions began Wednesday public hearings on the proposed budget for the 2017-2018 fiscal year, which exceeds $9.5 billion, outlined in Joint House Resolutions 186 and 187.
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Bill studies plan to collect old State Insurance Fund debt
June 8, 2017
The House Labor Affairs Commission on Wednesday held a hearing on Bill 1096, which seeks to establish an incentive plan to benefit employers insured or uninsured with the State Insurance Fund (SIF), and shore up some $20 million for the public agency.
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Indulac seeks to reposition brand with new president
June 8, 2017
Industria Lechera de Puerto Rico Inc., known as Indulac, has named Francisco Oramas as its new president whose mission is to “revolutionize” the brand and expand its market share with new products for the local market and for exports.
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Sprint, Open Mobile ask for FCC consent of joint venture
June 2, 2017
Three months after announcing their joint venture, Sprint and Open Mobile filed a petition before the Federal Communications Commission to approve the transaction that would combine the carriers’ operations in Puerto Rico and the U.S. Virgin Islands.
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Rosselló among world leaders noted for use of Twitter
June 1, 2017
Gov. Ricardo Rosselló secured his spot in a study released Wednesday analyzing how world leaders use social media platform Twitter to engage with each other and their followers after his exchange with President Trump in late April.
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The Mall of San Juan hosting boat show June 3-4
May 31, 2017
The Mall of San Juan will host its first Boat Show on June 3-4, an event that will include store exhibits, live musical entertainment, kiosks and boat dealers in one place, at the lot adjacent to the North Entrance.
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PR small inns full during Memorial Day weekend
May 30, 2017
Puerto Rico’s “paradores,” or small inns, were between 90 percent and 100 percent full over the Memorial Day weekend, members of the Small Inn Owners Association said Monday.
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PR/DR ferry to resume service June 1, following repairs
May 30, 2017
Ferries del Caribe, operators of the maritime service between Puerto Rico and the Dominican Republic, announced the re-start of service June 1, two weeks after its cruise ship was involved in an accident at the neighboring island’s pier.
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Bill to toughen home foreclosure mediation gets support
May 25, 2017
The Associate Chairman of the American Association of Retired Persons, Eddie Olivera-Robles, on Wednesday backed a measure amending the Compulsory Mediation and Home Preservation Act, to give it more teeth when it comes to foreclosure proceedings.
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ID’ing new gastronomic tourism areas on gov’t agenda
May 25, 2017
Recognizing the importance of gastronomy in the island’s economic development and tourism, the Department of Agriculture and the Puerto Rico Tourism Company have joined forces to work on what will be the island’s areas of gastronomic tourism.
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MIDA concerned over Trump budget cuts to SNAP funds
May 24, 2017
The Puerto Rico Chamber of Food Marketing, Industry and Distribution (known as MIDA by its Spanish acronym) expressed concern Tuesday about President Trump’s proposed budget cuts to the Supplemental Nutrition Assistance Program, more commonly known as food stamps.
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Caguas concludes productive trade mission in Colombia
May 24, 2017
The municipality of Caguas headed a commercial mission to Colombia last week that produced some 60 business meetings and potential future business opportunities, city officials said Tuesday.
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Oversight Board certifies Highway, Retirement Title III’s
May 23, 2017
The Financial Oversight and Management Board for Puerto Rico announced Monday it approved, certified and filed in the U.S. District Court for the District of Puerto Rico voluntary petitions under Title III of the Puerto Rico Oversight, Management and Economic Stability Act for the Puerto Rico Highway and Transportation Authority and the Government of Puerto Rico Employees Retirement System.
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3rd call of ‘StartUp Popular’ program deadline is May 31
May 23, 2017
Those looking to participate in the third edition have until May 31 to submit their proposals, Banco Popular executives said Monday, adding there is $1.6 million available to winning applications
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