Casals Festival to downsize again next year
March 20, 2014
The Casals Festival, the yearly musical fest founded by cellist Pablo Casals, closed its 58th season on March 15 with a sold-out performance by André Watts. The 2015 season is already in the works but one thing is certain: expect more downsizing.
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Union: GFR Media to lay off about 40 workers today
March 18, 2014
An estimated 40 workers — unionized and management — will receive pink slips today from GFR Media Inc., parent company of newspapers El Nuevo Día, Primera Hora and Índice, this media outlet learned.
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Grupo Guayacán kicks off business building competition
March 17, 2014
Grupo Guayacán, a nonprofit that seeks to couple private equity investment with a series of programs aimed at developing, strengthening, and advancing Puerto Rico’s entrepreneurial ecosystem, announced over the weekend the start of its annual EnterPRize Business Building Competition.
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CNE ranked ‘oustanding think-tank’ in global index
March 14, 2014
Puerto Rico’s Center for a New Economy has been included in the seventh annual 2013 Global Go To Think Tanks Report, the most comprehensive ranking of the world’s top think tanks commissioned by the World Bank. The nonprofit ranked 69th among the world’s 80 “think tanks to watch.”
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Gov. supports fight for fair Medicare funding for P.R.
March 7, 2014
Puerto Rico Gov. Alejandro García-Padilla, publicly expressed his full support to the Puerto Rico Medicare Coalition for Fairness’ efforts aimed at repairing disparities in Medicare funding to the island during the Puerto Rico Chamber of Commerce’s 2014 Health and Insurance conference that took place this week at the Condado Plaza Hilton hotel.
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Healthcare leaders turn to Obama to defend Medicare
February 25, 2014
Amidst a long lasting recession, Medicare program benefits in Puerto Rico re suffering the largest funding cuts in the United States, estimated at $700 million since the Affordable Care Act began to be implemented in 2011, healthcare leaders from the Puerto Rico Medicare Coalition for Fairness said Monday.
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‘Choliseo’ turns 10 with full agenda, photo gallery
February 14, 2014
The Puerto Rico José Miguel Agrelot Coliseum is marking its 10th anniversary of operations this year as one of the most productive venues in the world — with more than $245 million in ticket sales so far, company executives said this week.
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Insight Managing Solutions investing $200K to expand
February 12, 2014
Through an estimated investment of $200,000, Puerto Rican company Insight Managing Solutions will expand its operations in San Juan, after reaching an incentives agreement with the Puerto Rico Industrial Development Company, representing a commitment to create 100 new jobs over the next 36 months, company and government officials announced Tuesday.
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Puerto Rico’s 1st multi-brand coupon insert coming in May
February 10, 2014
Things are tight, right? Money isn’t lasting as much as it used to? Do you find yourself increasingly scouring store ads for sales, just to stretch your budget? What if you could make your money go significantly further by incorporating simple strategies such as combining those store sales with manufacturers coupons?
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Millions will express their love with Colombian flowers
February 10, 2014
Colombian flower producers are gearing up for their most profitable holiday of the year, as Valentine’s Day rolls around Friday and millions are expected to express their love with some sort of a colorful bloom.
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Expert: Ad agencies must become their client’s allies
February 10, 2014
Author and publicist Tim Williams, who was in town last week to speak to members of the Association of Advertising Agencies of Puerto Rico, suggested that the industry must adopt a new mindset to become better allies to their clients in response to tightening budgers and changing landscapes.
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Private sector groups offer expertise in wake of S&P cut
February 6, 2014
The decision Tuesday by Standard & Poor’s to downgrade Puerto Rico’s rating to junk status has prompted swift reaction from private sector components, which have stepped forward to offer their expertise to help the government dig out of its fiscal hole.
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Puerto Rico’s co-op sector is ‘ready to face’ downgrade
February 6, 2014
Puerto Rico’s co-ops is ready to weather the storm expected from the decision by Standard and Poor’s to downgrade the island’s credit rating to junk, contrary to other economic sectors, which may be adversely affected, industry representatives said Wednesday.
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Private sector trade groups discuss S&P downgrade
February 5, 2014
As word of the decision taken by Standard and Poor’s to downgrade Puerto Rico’s credit rating to junk level, the island’s biggest trade groups spoke out. Following are their individual statements.
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Census: Income in Puerto Rico steady after recession
January 31, 2014
The U.S. Census Bureau released statistics Thursday confirming that the median household income for Puerto Rico and most of its 10 largest towns held steady after the most recent recession.
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