Insurance sector creates $185M, 30K jobs for economy
March 3, 2017
Puerto Rico’s insurance industry represents $185 million in economic contributions to the government’s coffers and generates 30,000 direct, indirect and induced jobs, a study released Thursday shows.
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P.R. bankruptcies down 14.5% year-over-year in Feb.
March 3, 2017
The island's bankruptcy filings dropped in February, when 14.5 percent fewer cases were submitted to the court, versus the same month in 2016, according to preliminary numbers released Thursday by research company Boletín de Puerto Rico.
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Caguas’ Menonita Hospital opens new emergency room
March 3, 2017
Menonita Hospital in Caguas on Thursday inaugurated its remodeled emergency room facilities at a cost of $600,000 that includes specialized stretchers, cardiac monitors, a nurse call system, new signs and new emergency plant.
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TRB reactivates metals anti-theft interagency committee
March 3, 2017
Puerto Rico Telecommunications Regulatory Board President Sandra Torres announced Thursday the reactivation of the Interagency Committee against metals theft comprised by more than 10 agencies, the Legislature and telecom companies affected by this crime under Law 53 of 2012.
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$7M cancer treatment institute opens in Mayagüez
March 2, 2017
Following an investment of $7 million, the Radiation Therapy and Cancer Institute, a modern and advanced cancer institute, recently inaugurated its new facilities at the Mayagüez Medical Center.
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Slot machine project at LMM Airport ‘under evaluation’
March 1, 2017
If you are one of the thousands of passengers that have passed through the Luis Muñoz Marín International Airport recently, you may have noticed that the slot machines placed in Terminals A and B have been powered down and cordoned off.
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Appointments in insurance, education, tourism
February 27, 2017
This edition of Corporate Ladder includes appointments to top executive positions in Puerto Rico, in the areas of insurance, education and tourism.
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Sprint, Open Mobile announce joint venture in PR/USVI
February 24, 2017
Sprint and Open Mobile officially confirmed an agreement to combine their businesses in Puerto Rico, together with Sprint’s business in the U.S. Virgin Islands, into a new joint venture.
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Sotheby’s Int’l Realty expands presence in PR, DR
February 24, 2017
Sotheby’s International Realty is growing in the Caribbean with the establishment of a new office in Puerto Rico and the signing of a new partner in the Dominican Republic, the luxury real estate firm announced this week.
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New P3s association looks to boost P.R. infrastructure
February 24, 2017
The Public-Private Partnerships Association, a newly created organism that seeks to incentivize collaboration between the government and private sector on infrastructure projects, was formally unveiled Thursday.
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Gov’t agencies, towns have until Mar. 31 to propose P3s
February 22, 2017
The Public-Private Partnership Authority issued a reminder Tuesday to central government agencies and Puerto Rico mayors of the Mar. 31 deadline to submit their proposals for potential Public Private Partnerships for evaluation.
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Liberty Puerto Rico reports Y-O-Y revenue growth in ’16
February 17, 2017
Despite continued macroeconomic uncertainty and climbing population migration numbers, Liberty Puerto Rico reported positive revenue growth of 1.1 percent, year-over-year in 2016.
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Execs gather to promote ‘responsible investment’ in P.R.
February 16, 2017
Investing in Puerto Rico has become one of those polarizing topics that generate much controversy and distrust.
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Ankura Consulting opens Puerto Rico advisory office
February 15, 2017
Ankura Consulting Group announced Tuesday the opening of its 11th business advisory and expert services consultancy office, located in San Juan.
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P.R. Coffee Roasters to sell coffee brands on Amazon
February 15, 2017
Puerto Rico Coffee Roasters announced Tuesday it has reached an agreement to sell its flagship coffee brands — Café Yaucono, Café Rico and Café Crema — through the Amazon platform.
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