COFINA launches new investor relations website to promote transparency
October 30, 2019
The Puerto Rico Sales Tax Financing Corporation (known as COFINA for its initials in Spanish) announced it has launched an investor relations website to increase transparency to investors regarding specific bonds. Information about COFINA’s restructured sales tax bonds Series 2019A and Series 2019B issued in connection with the Third Amended Title III Plan of Adjustment of Puerto Rico […]
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San Juan native picked to work on climate action initiative in China
October 30, 2019
Mikol Hoffman, a San Juan native, was recently accepted to participate in the third iteration of UNLEASH – Innovation Lab for the United Nations’ Sustainable Development Goals in Shenzhen, China, from Nov. 5-14. The event is a platform for top talents from all over the world, who are working on solutions to the UNs’ SDGs. Over 8,000 […]
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Subaru shows its safety technologies, off-road capabilities
October 30, 2019
Automaker Subaru recently held its “Subaru All Mode” event with safety demonstrations and obstacle courses that included maneuvers over dirt, grass, rocks, logs, as well as on-road drives. The event was held at “La Loma del Vecino,” a new chichorro-style business that recently opened in Guaynabo. “Subaru is a brand that historically has emphasized the […]
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FirstBank benefits 100 nonprofits during year-long 70th anniversary celebration
October 29, 2019
FirstBank recently wrapped up the year-long celebration of its 70th anniversary with a volunteer activity during which some 250 employees donated their time to perform cleaning, painting, gardening, restorations and recreational activities in more than 20 nonprofits in Puerto Rico, Florida and the U.S. Virgin Islands. “At FirstBank we’re very committed to the communities we […]
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Lopito Fund donates $10K to CREARTE project
October 29, 2019
As part of its philanthropic mission and seeking to reflect the ideals that represented Efraín “Lopito” López, one of the founders of Lopito, Ileana & Howie, the Lopito Fund recently donated $10,000 to the CREARTE Foundation for the El Arte Grabado project. The goal is to promote the development of artistic sensibility in young adolescents […]
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P.R. energy sector representatives discuss potential effects of rate increase
October 28, 2019
The Puerto Rico Institute for a Competitive and Sustainable Economy (ICSE) Executive Director Tomás Torres moderated a panel discussion during the Caribbean Renewable Energy Forum (CREF) in Miami that went over the the implementation of the New Puerto Rico Energy Policy, the projected increases in the electricity rate, which could reach 10 cents per kilowatt […]
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Solar energy trade group rejects PREPA deal with creditors
October 25, 2019
The Solar and Energy Storage Association of Puerto Rico warned of the “serious consequences” the proposal by Puerto Rico Electric Power Authority creditors that seeks to impose a charge on people installing solar energy systems at their homes or businesses. The group known as SESA said the charge included in the Restructuring Support Agreement between […]
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Firehouse Subs invests $450K to open 13th restaurant in Ponce
October 25, 2019
Restaurant chain Firehouse Subs Puerto Rico announced the opening of its 13th restaurant in Puerto Rico — a 2,000 square-foot location in Ponce. The opening of the new Firehouse Subs store generates 35 direct jobs and entailed a $450,000 investment, company executives confirmed. The new restaurant, located in Reina del Sur Shopping Center, has a […]
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Participants sought for survey on cybersecurity issues for small, mid-sized businesses
October 25, 2019
The U.S. Small Business Administration is working with the U.S. Department of Homeland Security and the Information Technology Coordinating Council to attract respondents to a confidential cybersecurity survey for small and mid-sized businesses. “Cyber-attacks are a growing concern for small business owners and our economy. The SBA is encouraging entrepreneurs to participate in this survey […]
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Tales of the Cocktail Foundation to bring ‘Tales on Tour’ to P.R. in April ’20
October 25, 2019
Tales of the Cocktail Foundation announced that four-day “Tales on Tour” festival will return to Puerto Rico April 19-22 in Old San Juan with Hotel El Convento once again serving as the host hotel. “Tales on Tour” is an annual initiative that partners Tales of the Cocktail Foundation with a domestic or international host city […]
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DMO confirms double-digit growth in meetings, events from Jan. to Sept.
October 23, 2019
Destination Marketing Organization Discover Puerto Rico revealed that the island’s meeting and events strategy is “putting Puerto Rico back on the map as a preferred destination for the industry.” From January to September 2019, confirmed events for future years reached 197, almost twice as many than those booked in 2018, when 103 events took place. […]
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Puerto Rico Society of CPAs launches ‘Martes de números’ weekly podcast
October 23, 2019
The Puerto Rico Society of CPAs announced the launching of its “Martes de Números” weekly podcast, which will feature different CPA’s and special guests, who will discuss issues of interest and relevance to the profession and the community. “With this new initiative, we fulfill the Puerto Rico Society of CPAs primary mission, which is serving […]
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Boston Scientific to sponsor free business devel. course for 10 local co.’s
October 22, 2019
Medical devices manufacturing company Boston Scientific, announced it will sponsor the participation of 10 local business owners in the “Strategic Business Owner” course, in partnership with business development and coaching firm The Growth Coach. The course, designed to help business owners implement the strategies and tools needed to grow their company and reach their potential, […]
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Emergency drill taking place at Luis Muñoz Marín Int’l Airport today
October 22, 2019
Aerostar Airport Holdings, LLC, administrator and operator of the Luis Muñoz Marín International Airport is holding an emergency drill today that will entail the participation of multiple agencies and personnel. The full-scale exercise is planned to start between 9 a.m. and 10 a.m., and will last some six to eight hours, airport executives said. Spirit […]
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Wunderman Thompson Puerto Rico opens for business
October 18, 2019
WPP announced the launch of Wunderman Thompson Puerto Rico, a new product integration firm belonging to advertising agency J. Walter Thompson and global digital business company Wunderman. The new business aims to strengthen capacities in creativity, technology, data and strategy. It is directed by a new generation of executives whose careers “combine the capabilities and […]
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