Nielsen P.R. service receives MRC accreditation
August 24, 2011
Nielsen, the leading global provider of information and analytics around what consumers watch and buy, announced Wednesday the Media Rating Council (MRC) accreditation of its Puerto Rico television audience measurement service.
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Salvation Army to invest $30M in new headquarters, community center
August 10, 2011
Just in time for its 50th anniversary in Puerto Rico in 2012, the Salvation Army is flexing its muscles with the move of its central headquarters to a Santurce building and the construction of a multiple-use community center in Guayama. Both projects represent a hefty $30 million investment in the island’s economy.
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USVI study confirms power connection with P.R. possible, cost-effective
August 4, 2011
A feasibility study commissioned by the U.S. Virgin Islands’ Water and Power Authority confirmed that connecting the territory with Puerto Rico’s and the British Virgin Islands is viable and could help the neighboring islands save money and provide better services.
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Trucks get green light to use AutoExpreso toll payment system
July 29, 2011
As several of the island’s main toll plazas prepare to go completely cashless on Saturday, the Department of Transportation and Public Works announced that, for the first time, trucks will be allowed to use the “AutoExpreso” electronic payment system.
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Chevron to pump $5.2M in leak detection upgrades at 100 local Texaco stations
July 26, 2011
The Environmental Protection Agency announced Tuesday a settlement agreement with Chevron Puerto Rico, LLC through which the company will spend some $5.2 million to improve leak detection methods and operations at some 100 Texaco service stations. The company will also pay a $600,000 penalty.
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P.R.’s lack of power failure protection policies generate millions in losses
July 25, 2011
The island’s lack of a policy to protect against power failures and outages, energy fluctuations, and electricity quality problems that damage equipment is detrimental to business investments and triggers significant losses, Enrique Chávez, sales director for Mexico, Central America and the Caribbean of Eaton Corporation’s power quality division.
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Nielsen: Newscasts favored among island TV watchers
July 21, 2011
Puerto Rico television viewers spend their time in front of the set watching virtually the same number of hours of local and cable television programming, with local newscasts taking the top spot in terms of preference, Nielsen Puerto Rico reported Wednesday.
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GSA looking for operator for Maunabo’s Punta Tuna lighthouse
July 12, 2011
In coming months, the U.S. General Services Administration will be turning over the stewardship of 12 historic lighthouses around the country, including the emblematic Punta Tuna lighthouse in Maunabo, the agency announced recently.
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Small businesses take part in government-sponsored exports forum
July 8, 2011
More than 100 local local entrepreneurs had the chance to learn about new programs and services to increase their exports or begin the process of exporting, as well as establishing ties with local and federal officials, international business experts and international banking and insurance professionals during Thursday’s Global Access Exporter Forum.
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P.R.’s 50+ community young-at-heart, important consumer market segment
June 29, 2011
Puerto Rico’s growing 50-and-over population is financially powerful, young at heart, protective of their properties, focused on their well-being, and live for the moment, while remaining fully capable of taking care of themselves in the long-run.
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Joint P.R.-D.R. projects flourishing, 10 in pipeline so far
June 27, 2011
The tight cultural and commercial relationship between Puerto Rico and the Dominican Republic is about to get even stronger in coming months as the islands work to develop joint projects in the areas of biofuel and energy production that also involve private sector participation, said Virgilio Álvarez-Bonilla, ambassador and executive director of the Joint Dominican Republic-Puerto Rico Bilateral Commission.
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CofC draws promise from Fortuño to eliminate commercial property taxes
June 25, 2011
Gov. Luis Fortuño promised members of the Puerto Rico Chamber of Commerce that he would be submitting legislation to eliminate commercial property taxes placed on unsold inventory, to improve the local business climate.
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Fortuño announces entrepreneurial alliance to strengthen Caribbean commerce
June 24, 2011
Río Grande -- Gov. Luis Fortuño used as backdrop this year's Puerto Rico Chamber of Commerce Annual convention to announce the establishment of an alliance with the Dominican Republic to further entrepreneurial activities between the islands.
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Local co-op sector adds new players, reflects growth curve
June 23, 2011
The island’s cooperative sector added a dozen new players Wednesday, following the certifications of as many groups to operate businesses under that concept on the island, the Puerto Rico Cooperative Development Commission, known as CDCOOP, announced.
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Former Colombian president promotes regional energy interconnection circuit, PPPs
June 3, 2011
One of the great challenges for Latin American and Caribbean countries is solving their energetic needs now and in the future. While turning to alternate energy sources is a virtual requirement to address demand, Álvaro Uribe, former President of Colombia, believes building an “interconnection circuit” in the region is another feasible way to go.
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