Ferries del Caribe in accident in Santo Domingo
May 19, 2017
Just two weeks after resuming maritime passenger service between Puerto Rico and the Dominican Republic, Ferries del Caribe had an accident Thursday when the ropes anchoring the vessel broke and allowed the boat to slip about 50 feet.
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Denny’s parks food truck in Hato Rey, 1st for entire chain
May 19, 2017
Denny’s Puerto Rico, operated by franchisee Marpor Corp., has rolled into Hato Rey in what is the first food truck for the company on the island and nationwide, Ricardo González, vice president of the local restaurant chain confirmed Thursday.
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FirstBank opens ‘Platinum Banking’ branch in Condado
May 18, 2017
Looking to cater to that high-net worth segment of Puerto Rico’s population who typically expect distinctive banking services, FirstBank officially unveiled its new branch in Condado, which houses its new Platinum Banking service, executives said Wednesday.
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Echar Pa’lante campaign marks 5 yrs. of empowerment
May 18, 2017
Echar Pa’lante, an initiative Banco Popular launched five years ago to empower a culture of entrepreneurship and innovation, is looking ahead to further linking academia, the government and the private sector to help restore Puerto Rico’s economy.
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Sale of Marriott to XLD Group ‘positive for hotel, PR’
May 15, 2017
The recent sale of the San Juan Marriott Resort and Stellaris Casino in Condado to Chinese investors XLD Group is a “positive step for the property and for Puerto Rico as a destination,” Joaquín Cruz, director of marketing for the iconic property told this media outlet exclusively.
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Caguas Mayor leads trade mission to Bogotá this week
May 15, 2017
Caguas Mayor William Miranda-Torres will lead a group of entrepreneurs in the municipality on a trade mission to Bogotá, Colombia today, to identify business and investment opportunities in the South American country.
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Espacios Abiertos urges gov’t to account for money
May 12, 2017
Espacios Abiertos, a nonprofit that seeks to empower society, on Thursday urged the government to provide data on the tax privileges that constitute a considerable amount of the island’s resources, particularly in times of crisis in which austerity measures are perceived due to a shortage of funds in the public coffers.
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Private sector balks at proposed municipal patent hike
May 11, 2017
The Private Sector Coalition, which brings together more than 30 organizations from various sectors of the island, called on the Legislature Wednesday to halt the course of House Bill 971 and warned of the negative effects it would have on the local economy.
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Universia announces scholarship program for students
May 11, 2017
For the second consecutive year, college students from several private institutions may receive $1,500 scholarships for their professional practices in qualified internship centers through the “Work Warm-up Scholarship Program” sponsored by Banco Santander, the Puerto Rico Board of Education, and the Association of Private Colleges and Universities.
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MIDA’s Consumer X-Ray finds price-conscious buyers
May 10, 2017
Puerto Rico consumers have changed their priorities and frequency in purchases, focusing their expenditures on the necessary and establishments that offer the best bang for their buck, this year’s Consumer X-Ray revealed.
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Report: SJ Marriott hotel sold to unnamed Chinese buyer
May 8, 2017
The San Juan Marriott Resort and Stellaris Casino in Condado has reportedly been sold to unnamed Chinese investors, for some $184 million, according to real estate site The Real Deal.
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Challenger Brass & Copper takes high quality award
May 8, 2017
After marking 30 years in Puerto Rico Toa Baja-based Challenger Brass & Copper (CBC) recently obtained the ISO 9001: 2008 certification for meeting the highest levels of quality and service established by the International Organization for Standardization (ISO).
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Lido Jewelers opens store at The Mall of San Juan
May 5, 2017
Lido Jewelers opened its newest store at The Mall of San Juan Thursday, adding to the mix of retail tenants at the two-year-old shopping center.
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Reactions abound over govt’s Title III restructuring filing
May 4, 2017
Local and stateside creditors and credit ratings agencies did not reach a true consensus over the government's decision and future effect of seeking the bankruptcy-like protection under Title III of PROMESA on Wednesday to restructure some $70 billion in debt.
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Bankruptcies down 23% in April; -12% year-to-date
May 2, 2017
The number of bankruptcy cases filed in Puerto Rico showed a steep decline last month. #NewsismyBusiness
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