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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Gov’t digital platform a problem for many entrepreneurs
November 16, 2015
As if securing a permit to open a business in Puerto Rico weren’t hard enough, the government's digital platform connecting the public to agencies and permitting information is proving a stumbling block for many would-be entrepreneurs.
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ALPFA Puerto Rico hosts 1st student initiation ceremony
November 16, 2015
For the first time since the organization’s re-launch, ALPFA Puerto Rico recently hosted its first Student Chapters Initiation Ceremony, marking a milestone for the local chapter, Raúl Palacios, ALPFA president said.
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Realtors back bill excluding real estate services from tax
November 11, 2015
This week, National Association of Realtors President Chris Polychron and Puerto Rico Association of Realtors President Edgar Morales sent a letter to the island’s House of Representatives to show support for Bill PC2566, which would exclude real estate brokerage services from the commonwealth's Sales and Use Tax and the Value Added Tax.
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Medical facilities in Ponce, Juana Diaz invest in upgrades
November 2, 2015
Two private health care providers in Ponce and Juana Díaz recently announced major investments to upgrade their medical facilities serving Puerto Rico’s southern region.
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Roosy Roads Authority: Hospital up for redevelopment
October 30, 2015
Two months after the U.S. Navy officially turned over the former Roosevelt Roads hospital and grounds, the Redevelopment Authority for the property is seeking Requests for Proposals from companies interested in leasing and operating the facility.
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