MasterCard features El Ñaqui food truck in ‘cashless pioneers’ series
June 21, 2012
MasterCard WorldWide has chosen the El Ñaqui gourmet food truck as the Caribbean region’s sole participant in its “Cashless Pioneers” international series, an initiative that highlights the stories of businesses that stand out for their innovation and visionary take on electronic payments around the world.
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Private Sector Coalition pitches ‘new paradigm for development’
June 14, 2012
The Private Sector Coalition unveiled a strategic plan Wednesday that includes “concrete proposals” to draw attention to unattended sectors and make way for new development standards and job creation to stimulate the economy in the short and long term.
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Execs pen publication highlighting Puerto Rico’s investment attributes
June 14, 2012
Two locally recognized executives, Miguel A. Ferrer and Gabriel Hernández, have pooled their knowledge to launch a publication entitled “Puerto Rico is the Answer” that highlights the advantages Puerto Rico offers in a wide range of sectors to the investment community.
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P.R. radio industry planning ‘historic get-together’
June 11, 2012
Puerto Rico’s commercial radio industry is marking a significant milestone this year, when it will commemorate 90 years since WKAQ-AM, its first station, went on the air in 1922.
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88.1% of local social media users connect daily, most gravitate toward Facebook
June 7, 2012
Puerto Rico’s Internet surfers are spending more time on social networks, a phenomenon that has been fueled somewhat by an increased willingness by employers to allow their staff to access while at work, a survey by the local chapter of the Interactive Advertising Bureau unveiled Wednesday showed.
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Luxury liquor brands economy-proof, industry execs say
June 6, 2012
The presidents of five of the world’s largest luxury liquor brands converged in Puerto Rico Tuesday to discuss the tendencies, challenges, and opportunities faced by the industry and its position with respect to today’s consumers and markets.
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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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