Scherrer Hernández CPA firm takes on new identity, becomes BDO
June 4, 2012
Corporate accounting firm Scherrer Hernandez & Co. is looking to “play with the big boys” in Puerto Rico and the Caribbean, becoming part of the world’s fifth largest accountancy group, the prestigious BDO network.
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Evertec, Gustazos launch ‘Giftmall’ gift certificate site
June 1, 2012
Riding on the wave of the acceptance local consumers have given to group discount offers, online marketing company Gustazos has joined forces with payment processing company Evertec to launch “Giftmall,” a new service that offers online gift certificates redeemable at dozens of local businesses.
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Financial management moves up a few notches on ‘to-do’ list
May 28, 2012
The economic recession of the past six years has affected all income levels and has pushed the need for financial planning up a couple of notches on many people’s “to-do” list.
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1st phase of Bahía Urbana project to be done by summer
May 22, 2012
Two years after breaking ground, government officials said Monday the first phase of the ambitious $525 million Bahía Urbana redevelopment project will be completed by summer.
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Lagging economy, slow population growth affecting P.R. housing market
May 17, 2012
Puerto Rico’s demographics have significantly influenced its housing market in recent years and it is expected to continue playing a crucial role in the future of the local housing market, according to the findings of the “Puerto Rico Housing Market Outlook 2011-2015” study revealed Wednesday by the Puerto Rico Bankers Association.
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SME study: P.R. Internet usage levels reach 50%
May 16, 2012
About half of Puerto Rico’s population — split almost evenly between men and women between 25 and 39 years old — uses the Internet to work or socialize, according to the 2012 edition of the Sales & Marketing Executives’ “Digital & Mobile Behavioral Study.”
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Badillo, DDB big winners at Cúspide awards ceremony
May 14, 2012
Badillo Nazca Saatchi and Saatchi was the big winner of this year’s 30th edition of the Cúspide awards honoring the island’s best advertising efforts. The agency swept the competition with 16 statuettes, plus the event’s highest distinction, the “Gran Cúspide,” for a social media campaign for the United Way about the dangers of stray bullets.
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Study confirms Boys & Girls Clubs’ strong economic, social impact
April 23, 2012
For each dollar invested in young participants of Boys & Girls Clubs of Puerto Rico’s programs, the island receives $2.86 in economic benefits, or a 186 percent return on investment, the nonprofit organization revealed recently after completing its first Social and Economic Impact Study for Puerto Rico.
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More fires in ’11, but fewer losses for P.R.
April 23, 2012
More fires were reported in Puerto Rico last year than in 2010 but they spelled out lower financial losses, according to Puerto Rico Fire Department statistics.
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Firm emerges to defend consumers facing foreclosure
April 19, 2012
Given the unstoppable wave of foreclosures in Puerto Rico, where some 8,000 properties have been repossessed in recent years, homeowners have a pressing need for legal representation to avoid losing their dwellings.
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Chances of winning tonight’s $24M lotto prize? 1 in 9.3M
April 18, 2012
Tonight’s lotto drawing is one of the biggest in island history, promising the winner a whopping $24 million prize. However, the chances of hitting it big are one in 9.3 million, María Victoria León, deputy secretary of the Electronic Lottery, said Wednesday.
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Paseo Caribe resumes sale of luxury oceanfront apartments
April 18, 2012
A limited number of ultra upscale apartments in two of the three towers of the Paseo Caribe residential and commercial complex overlooking the sparkling blue waters of the Atlantic in San Juan will go up for sale starting this week, through private, by-invitation-only tours, representatives of the developer San Gerónimo Caribe Project Inc., announced Tuesday.
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MIDA warns political parties of pressing need for food policy
April 4, 2012
Saying that the food industry should be treated as part of the island’s social and economic infrastructure, the head of the Marketing, Industry and Food Distribution Chamber, known as MIDA, warned Tuesday of the “imperative” need to establish a permanent food policy for Puerto Rico.
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Ad agency DDB Latina nabs 8 awards at XIX Festival Caribe
April 2, 2012
With eight awards received during the XIX Festival Caribe, DDB Latina Puerto Rico walked away as one of the most awarded agencies in the region in the event that evaluated the best advertising work from 17 Caribbean countries.
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Local engineers gear up for Panama Canal conference
March 30, 2012
A group of local engineers is gearing up to participate in the upcoming Panama Canal 2012 International Engineering and Infrastructure Congress, the first event of its kind taking place in that country focusing on best practices, world infrastructure projects and future engineering trends.
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