Private sector to work with gov’t on fiscal solutions
July 13, 2015
Representatives from 20 of Puerto Rico’s largest private-sector organizations expressed their willingness to work with the government’s task force on proposals to restructure the island’s fiscal issues.
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Summit draws P.R./NY leaders lobbying for equality
June 19, 2015
Dozens of key Hispanic business leaders from New York, New Jersey and Puerto Rico gathered in New York this week for the first “Puerto Rican & Hispanic Business Summit” to discuss common business opportunities and challenges.
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Hit3001.com grants $500K to Puerto Rico entrepreneurs
June 16, 2015
Forty-four Puerto Rican entrepreneurs will receive more than $500,000 in crowdfunding and grants to jumpstart their businesses as a result of their participation in Hit3001.com, a 12-episode reality TV program turning up-and-coming business leaders into hits.
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P.R. featured in Christie’s global luxury real estate report
June 15, 2015
Christie’s International Real Estate has included Puerto Rico’s high-end real estate market in the third edition of its annual research that examines the world’s top cities for prime property. This is the first time the island is featured.
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Puerto Rico nonprofits create 16% of jobs, $2.2B wages
May 21, 2015
Puerto Rico’s nonprofit organizations have a positive economic impact on the island, producing 150,410 jobs — or 16 percent of all local employment — and some $2.2 billion in wages, according to a study presented Wednesday by the Foundations Network.
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Puma Energy buys BP’s aviation business in Puerto Rico
May 19, 2015
Puma Energy, the globally integrated midstream and downstream energy company, announced Monday it has signed a purchase agreement with BP to buy its local aviation business in Puerto Rico.
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$59M properties in Cabo Rojo, Aguadilla on auction block
May 15, 2015
Los Angeles-based Premiere Estates Auction Company announced Thursday a multi-property auction that includes sprawling beachfront sites in Aguadilla and Cabo Rojo, with a combined listing price of $59 million.
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Puerto Rico among ‘Best to Invest’ in Latin America
May 15, 2015
The Commonwealth of Puerto Rico ranked ninth on the list of best destinations to invest in Latin America and the Caribbean, according to a publication by Site Selection magazine.
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Putney Capital, Argos buy P.R. cement terminal for $34M
May 13, 2015
Putney Capital Management, LLC announced Tuesday the acquisition of one of the main terminals for the reception, storage and distribution of cement in Puerto Rico, for $34 million.
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Feds: Alpha Guards owes 650 guards $350K in backpay
May 12, 2015
U.S. Department of Labor Wage and Hour Division investigators found that security firm Alpha Guards Management failed to protect fair wages and benefits of 650 guards in Puerto Rico, owing them nearly $350,000 in back wages and damages.
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$9.8M DownTown Caguas project to rehab urban center
May 12, 2015
Stagione Designs and the Caguas Municipal government announced Monday a sweeping $9.8 million plan to revitalize the town’s urban center, christened as DownTown Caguas.
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Consumer engagement is not an accident, it’s by design
May 11, 2015
In an age of ever-increasing distractions, quickly creating customer habits is an important characteristic of successful products, said Nir Eyal, the author of "Hooked: How to Build Habit-Forming Products.”
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$70M Mennonite hospital planned for Coamo golf course
May 7, 2015
With an initial investment of some $70 million, the Mennonite Health System will begin construction of the first and only hospital located on the grounds of a golf course in Puerto Rico.
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SME to discuss ‘what’s next’ in May 7-8 conference
April 23, 2015
The Puerto Rico Sales and Marketing Executives Association will hold its annual conference on May 7-8, from 8:30 a.m. to 7:30 p.m., at the Sheraton Puerto Rico Hotel & Casino titled, focusing on “What’s next?” for the industry.
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Science Trust grants $1.8M to 12 local scientific projects
April 22, 2015
The development of new drugs against malaria, the creation of hybrid technologies to further communications and aviation, as well as advances in biotechnology to purify water, are several of the initiatives that will be made possible thanks to the awarding of grants for 12 scientific projects, given by the Puerto Rico Science, Technology & Research Trust.
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