Agriculture Dept. to boost marketing of local products sold under ‘DelPaís’ brand
August 21, 2019
The Puerto Rico Agriculture Department will strengthen the promotion and sale of agricultural products marketed under the DelPaís brand through an agreement signed between the its Agricultural Development Innovation Fund division and Supermercados Selectos. Ruth L. Pagán, executive director of FIDA, as the division is known for its initials in Spanish, said together with Agriculture […]
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COR3 seeks contractors for debris removal, demolition of 15,495 properties in P.R.
August 20, 2019
The Central Office of Recovery, Reconstruction and Resiliency, known as COR3, has issued a request for proposal to implement a Private Property Debris Removal and Demolition program, to be funded by Federal Emergency Management Agency. “The debris removal and demolition process of a private structure that may pose a risk to the environment entails a […]
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P.R.-based firm V2A offers scholarship, paid internships to outstanding students
August 20, 2019
V2A, a strategic planning and operational development consulting firm with more than 15 years of experience in counseling executive teams from a variety of business sectors, announced the establishment of the Visioneer Scholarship Program. This educational scholarship offers $3,000 to an outstanding university student, combined with an opportunity to be a part of the firm’s […]
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Construction of Zafira luxury hotel in Vieques to begin this week
August 19, 2019
Six months after breaking ground on the $50 million Zafira hotel and time share property in Vieques, developer Keith St. Clair confirmed construction will begin this week. The project was held back by a permit required by U.S. Fish and Wildlife, aimed at protecting turtle nesting areas on the beach at the Esperanza sector of […]
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UBS Wealth Management customers get $4.8M award from lawsuit
August 19, 2019
An arbitration panel awarded customers of UBS Wealth Management in Puerto Rico more than $4.8 million in their lawsuit against the brokerage firm, according to law firm Shepherd, Smith, Edwards & Kantas. The firm has filed and continue to pursue lawsuits against the brokerage firms and its brokers that were “involved in selling these toxic […]
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P.R.’s new car sales on downward spiral in July, with 21.2% drop
August 19, 2019
The United Automobile Importers Group announced that a total of 7,631 new cars were sold in Puerto Rico last month, representing a 21.2% decrease compared to the 9,724 units sold during the same month last year. The trade group known as GUIA for its initials in Spanish, said the segments that saw the biggest sales […]
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Ports Authority invests $11.8M in infrastructure improvements at Ponce airport
August 16, 2019
The improvement project underway at the Mercedita International Airport in Ponce are moving ahead as scheduled, representing an investment of $11.8 million Puerto Rico Ports Authority executive director Anthony Maceira said. Mercedita is the island’s third-largest airport on the island based on passenger volume. For fiscal year 2018-2019, which ended June 30, Ponce’s Mercedita Airport […]
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P.R. gov’t seeks asset manager for PRIDCO-owned properties
August 16, 2019
The Puerto Rico Fiscal Agency and Financial Advisory Authority (known as AAFAF in Spanish) published a Request for Qualifications (RFQ) that seeks to identify qualified parties to manage properties owned by the Puerto Rico Industrial Development Company. The RFQ is meant to identify one or more qualified parties who manage properties, which include lands and […]
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.PR internet domain turns 30 later this month
August 16, 2019
Gauss Research Laboratory Inc, the registry operator for .PR, Puerto Rico’s top-level domain, and Afilias, its technology partner, announced that the .PR domain will reach 30 years of service to both the Puerto Rican internet community and the public relations industry on Aug. 27, 2019. “We’re pleased to reach the milestone of 30 years of […]
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FCC Chair recommends OK of T-Mobile/Sprint merger, as U.S. Justice Dept. supports
August 15, 2019
Federal Communications Commission Chairman Ajit Pai circulated a draft order that would approve, subject to conditions, the proposed merger between T-Mobile and Sprint. His decision received immediate backing from the U.S. Justice Department, which stressed on the order’s proposal of the divestiture of Boost Mobile, Virgin Mobile, and Sprint prepaid to Dish Network Corp. “After […]
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Ports begins $10M runway upgrades in Arecibo, Mayagüez, Ceiba airports
August 15, 2019
The Puerto Rico Ports Authority will be making runway improvements at the Arecibo, Ceiba, and Mayagüez airports, representing an investment of $10.2 million, agency Executive Director Anthony Maceira said. Ports has a pavement inspection program at all airports under its jurisdiction, according to the standards set by the Federal Aviation Administration and the American Society […]
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Grupo Guayacán picks 27 finalists for ’19 EnterPRize competition
August 15, 2019
A “record-breaking” group of 27 start-ups kicked off the finalist phase of Grupo Guayacán Inc.’s 2019 EnterPRize Competition, the entity announced. More than 30 collaborators, sponsors, and mentors participated in a judging session on Aug. 9, in which they evaluated pitches from 40 semi-finalists to select the group that would go on to compete for […]
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P.R.’s Bidwise included in Inc. Magazine’s America’s 5000 fastest-growing private co.’s
August 15, 2019
Bidwise, a Puerto Rico-based technology company that provides performance marketing services to online retailers, has been recognized by Inc. Magazine on its list of the 5000 fastest-growing private companies in America. Bidwise helps online stores increase sales through its commerce advertising platform, which delivers ads based on a user’s shopping intent. Each year, Inc. Magazine […]
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Oriental files applications to regulators for approval of proposed Scotiabank purchase
August 14, 2019
OFG Bancorp announced it has filed applications at four regulatory agencies for consent of its proposed acquisition of Scotiabank de Puerto Rico, according to public notices published Tuesday. The petitions to the Federal Reserve, the Federal Deposit Insurance Corp., the Puerto Rico Office of the Commissioner of Financial Institutions and the U.S. Virgin Islands Banking […]
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CBP launching Mobile Passport Control in P.R. on Aug. 27
August 14, 2019
The San Juan Field Office of U.S. Customs and Border Protection announced the upcoming implementation of Mobile Passport Control in three points of entry in Puerto Rico Puerto Rico. U.S. citizens and Canadian visitors will now have the option of MPC processing. MPC expedites the entry to the United States from foreign by using a […]
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