30 ‘Pa Mi Gente’ program rolling kiosks up for auction
August 18, 2017
Auction house Centro Casas will be putting up for bid 30 rolling kiosks that were part of the “Pa’ Mi Gente” program launched by former Gov. Luis Fortuño’s administration in 2010, this media outlet confirmed.
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Foundation for PR to host ‘Destination Hack’ conference
August 18, 2017
The Foundation for Puerto Rico announced Thursday it will host “Destination Hack” from Sept. 29 to Oct. 1 focused on promoting innovation on the island as a tourist destination and accelerate the growth of the visitor economy.
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OBoard issues RFP for independent investigation team
August 17, 2017
The Financial Oversight and Management Board for Puerto Rico issued a request for proposals (“RFP”) from parties interested to be retained as an independent investigation team to probe Puerto Rico’s debt and its connection to the current fiscal crisis.
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OBoard asks to hire advisory firm; top fee is $695/hr
August 15, 2017
The Financial Oversight and Management Board for Puerto Rico filed an application at the U.S. District Court to approve the hiring of Phoenix Management Services, LLC as financial advisor for the mediation team appointed in the Title III cases related to the Commonwealth’s bankruptcy proceedings.
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Parallel18 signs pair of collaborative agreements
August 10, 2017
San Juan-based startup accelerator Parallel18 announced Wednesday the signing of a pair of collaborative agreements — with the Puerto Rico International Banks Association and the Builders Association to create opportunities for up-and-coming businesses.
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Gov’t to host 1st Invest Puerto Rico forum Sept. 20-21
August 9, 2017
Gov. Ricardo Rosselló announced Tuesday, along with Department of Economic Development and Commerce Secretary Manuel A. Laboy, the 1st Invest Puerto Rico Forum, on Sept. 20-21.
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OBoard to probe PR debt via independent investigator
August 3, 2017
The Financial Oversight and Management Board for Puerto Rico announced Wednesday its intention to start a “comprehensive investigation of Puerto Rico’s debt and its relationship to the fiscal crisis.”
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Green Spirit to open 5 cannabis dispensaries in PR
August 3, 2017
Green Spirit Industries Inc. will be entering Puerto Rico’s medicinal cannabis market with the acquisition of four pre-approved and one pending medical marijuana dispensaries on the island, company CEO Les Ball said in an interview with Dave Gentry of “RedChip Money Report.”
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Evertec reports $103.5M in 2Q17 revenue, up 6% YOY
August 2, 2017
Evertec Inc. announced Tuesday results for the second quarter ended June 30, 2017, which put total revenue for the quarter at $103.5 million, an increase of 6 percent compared with $97.7 million in the prior year.
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Science Trust backs changes to bill addressing its future
August 1, 2017
The Puerto Rico Science and Technology and Research Trust on Monday expressed its support of the amendments agreed to related to House Bill 1122, saying they include the input of the entity’s trustees and support its mission.
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Energy experts present plan for PR to Judge, OBoard
July 31, 2017
A group of professors and researchers of electric power systems presented their “collective and personal vision of a sustainable energy future for Puerto Rico” to Judge Laura Taylor-Swain, who is overseeing the island’s debt restructuring, and the Financial Oversight and Management Board for Puerto Rico.
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Coalition: ‘Critical’ for gov’t stats to remain independent
July 31, 2017
The Puerto Rico Private Sector Coalition stepped up in defense of the Puerto Rico Institute of Statistics over the weekend, claiming that it is “critical to have a body that ensures the independence and transparency of metrics and government statistics to provide complete, reliable, fast and universal data.”
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Abarca Health, Biogen ally on multiple sclerosis coverage
July 28, 2017
Abarca Health, a pharmacy benefit management and technology company that serves more than 2 million people across the U.S., has signed a value-based reimbursement contract with Biogen Inc. for select products in its multiple sclerosis portfolio.
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Study: Independent digital media under attack in LatAm
July 25, 2017
SembraMedia, a nonprofit that supports entrepreneurial journalists, in partnership with Omidyar Network published “Inflection Point,” the most comprehensive study to date on the growth, impact, and threats to independent digital media in Latin America.
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Foundation for PR to develop 1st visitor economy profile
July 24, 2017
The Foundation for Puerto Rico and Estudios Técnicos will work together to develop the first economic model of the island’s visitor economy, which is expected to be ready by September.
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