U.S. Department of Commerce awards $5.6M to Foundation for P.R.
August 30, 2018
The U.S. Department of Commerce is awarding a $5.58 million grant to the Foundation for Puerto Rico to support recovery efforts for towns and cities which were devastated by Hurricanes Irma and María.
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New head of the CUD wants to develop new crop of entrepreneurs
August 29, 2018
Jorge Argüelles, who swore into his position as president of the United Retailers Association over the weekend, believes Puerto Rico needs more entrepreneurs, and he’s setting out to develop them.
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FirstBank, INPRENDE seek to uplift 70 entrepreneurs in urban centers
August 29, 2018
With the aim of encouraging growth and strengthening established businesses in Puerto Rico’s urban centers, FirstBank and INPRENDE have joined to offer business training and advice to help 70 entrepreneurs gain a competitive edge.
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Plaza Las Américas marks 50 years of growth, change
August 29, 2018
Plaza Las Américas, the largest shopping center in Puerto Rico and the Caribbean, is marking 50 years of doing business on the island, where it has grown from an 800,000 square-foot mall in 1968 to a 2 million square-foot mega retail center now.
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Red Cross unveils $20M plan to install micro solar networks in 100 schools
August 27, 2018
As part of long-term recovery efforts following Hurricane María, the American Red Cross announced it plans to install micro solar networks in about 100 schools in Puerto Rico, which in turn serve as a shelters in times of emergencies.
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P3 Authority considering unsolicited bid to develop mega yacht marina, dry dock
August 23, 2018
The Puerto Rico Public-Private Partnership Authority is conducting a preliminary evaluation of an unsolicited proposal submitted by an undisclosed firm to develop a mega yacht marina and dry dock in San Juan.
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Science Trust, Sacred Heart U join to develop ‘new generation of innovators’
August 23, 2018
The Puerto Rico Science, Technology and Research Trust and Sacred Heart University have entered into a collaborative agreement to develop projects innovative projects with impact in the areas of science, technology, communication and entrepreneurship.
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Old Harbor Brewery returns to P.R.’s artisanal beer market
August 22, 2018
Old Harbor Brewery, a once popular brewery and restaurant in Old San Juan, is making a comeback in the hands of Destilería National Inc., which has made a $3 million investment to revive the artisanal brand after a three-year absence.
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P.R. Oversight Board publishes debt investigation report, labels GDB debt ‘enabler’
August 21, 2018
The report, which is just under 600 pages long, includes the results of its investigation into Puerto Rico’s debt and its connection to the current fiscal crisis.
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P.R. tourism leaders call for focus on progress nearly a year after María
August 21, 2018
Destination Marketing Organization Discover Puerto Rico announced an initiative that invites visitors, as well as local and international media, to focus on the island’s recovery.
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Ports Authority ‘seeking alternatives’ to build mega-yacht marina in San Juan
August 20, 2018
The Puerto Rico Ports Authority began looking at alternatives about a month ago to build a mega-yacht marina in the Isla Grande sector of San Juan.
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Monsanto inaugurates new $20M smart greenhouse at Juana Diaz site
August 20, 2018
The Monsanto Company unveiled its first phase of the Monsanto Caribe expansion project by inaugurating a new smart greenhouse at the Juana Diaz site.
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Op-Ed: Plan to turn to imported natural gas will cost Puerto Rico dearly
August 20, 2018
A series of announcements over the past couple of weeks by Puerto Rican officials signals a new — and misguided — push for greater reliance on imported natural gas for electricity production.
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Hard Rock Café reopens in P.R. after nearly 10-year absence
August 17, 2018
The Hard Rock Café franchise has returned to Puerto Rico a decade after it shuttered its restaurant in Old San Juan, now reopening in the Condado area following a $6 million investment.
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P.R. software developer INVID expands to U.S. mainland
August 17, 2018
Puerto Rican software development firm INVID announced it is expanding its operations to the U.S. mainland with the opening of offices in Arlington, Virginia and Miami, Florida.
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