Guayacán sets off 10th edition of EnterPRize competition
February 10, 2016
The tenth edition of Grupo Guayacán’s business competition, EnterPRize, kicked off with the participation of this year’s 25 semi-finalists in a series of workshops that are part of its educational curriculum.
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M. Holland to acquire 2 San Juan-based distributors
February 10, 2016
M. Holland Co., a distributor of thermoplastic resins, announced Tuesday it has signed a letter of intent to acquire Able International Corp. and Tril Export Corp., both headquartered in San Juan.
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Auction.com to sell 100+ bank-owned properties in P.R.
February 5, 2016
Auction.com, a Ten-X company, announced Thursday the upcoming online auction of more than 100 bank-owned residential properties in Puerto Rico.
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P.R. bankruptcies up 3% in Jan., Ch. 11 cases up 200%
February 5, 2016
Puerto Rico began 2016 with 716 bankruptcy filings in January, representing a 3 percent year-over-year jump, statistics released Thursday by analyst firm Boletín de Puerto Rico show.
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Study: ‘Millennials’ represent 22% of P.R.’s population
February 5, 2016
“Millennials,” or those people born between 1980 and 2000, represent 22 percent of Puerto Rico’s population, and represents a generation of togetherness with family, with friends, collaborating with teams to study and work.
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Deadline looming to apply for Parallel18 program
January 25, 2016
The first round of applications for the Parallel18 startup acceleration program closes on Jan. 29th at noon (EST).
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Medicare refund rates for P.R. hospitals to be increased
January 19, 2016
Puerto Rico hospitals will soon begin receiving the same basic reimbursement rate — known as the “base rate” — as hospitals in the U.S. mainland for treating Medicare patients, Resident Commissioner Pedro Pierluisi said Monday.
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PREPA overhaul bill ‘mortal blow’ for citizens, industry
January 11, 2016
A group of representatives for Puerto Rican consumers, businesses, industries, and workers warned Sunday that the legislative approval of the Puerto Rico Electric Power Authority Revitalization Act will deliver “a mortal blow” to the island’s already critical economic situation.
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P.R organ donors prop growing transplant center action
December 28, 2015
The ultimate gift of an organ by deceased donors in Puerto Rico is making it possible for sick patients on and off the island to get a new lease on life while supporting the work of two major transplant centers in San Juan.
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Ex-gov. Fortuño joins DC-based IRI’s advisory council
December 23, 2015
Former Puerto Rico Gov. Luis Fortuño will advise the International Republican Institute on global political issues, the Washington-based nonprofit announced this week.
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BMedia Group acquires Showtime Outdoor Media
December 22, 2015
Local billboard company BMedia Group announced that it acquired Showtime Outdoor Media.
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Science Trust launches Parallel18 to spur startups
December 10, 2015
The Puerto Rico Science Technology & Research Trust is turning to the startup ecosystem as a contributing solution to Puerto Rico's current economic crisis with the launch of Parallel18, a program with the goal of expanding the horizons of local entrepreneurs in the short term and create economic development in the long run.
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CNE: P.R. needs Ch. 9 to navigate ‘unchartered waters’
December 8, 2015
Puerto Rico’s current fiscal problems are bringing up unprecedented issues that will likely be subject to interpretation by local and federal courts if the government defaults on its debt and bondholders decide to defend their contractual rights via the lawsuit route.
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Stella Maris church to reopen as $5M temple in Condado
December 8, 2015
When Stella Maris church reopens in Condado as a brand new building, sometime within the next year and a half, it will fully integrate with its neighborhood and even turn into a tourist draw.
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Construction remains at lowest point in 10 years
November 30, 2015
Once a vigorous part of the economy, Puerto Rico's construction sector remains mired at its lowest point in more than a decade with little hope of improvement in the next year, when activity is expected to stay at its present level of under $2 billion, said a spokesman for the industry.
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