Popular makes regulatory filing to acquire Reliable Financial’s assets
June 5, 2018
Four months after announcing it had agreed to acquire Wells Fargo’s auto finance business in Puerto Rico, which operates as Reliable Financial Services Inc., Banco Popular de Puerto Rico confirmed it has filed a notice with the Federal Reserve System to close the deal.
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CBP in P.R., USVI ‘ready for summer travel,’ despite hurricane recoveries
June 5, 2018
U.S. Customs and Border Protection said its operations in Puerto Rico and the U.S. Virgin Islands are “ready to secure and facilitate travel for thousands of passengers departing to and arriving from international destinations.”
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Walgreens offering FedEx Express services at 107 P.R. stores
June 5, 2018
Drugstore chain Walgreens announced that FedEx Express package pickup and drop-off services are now available at 107 of its locations in Puerto Rico, as part of the growing FedEx OnSite network.
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MCS joins ‘Casa Segura, Puerto Rico Recovery’ campaign
June 4, 2018
Insurance company MCS has joined the “Casa Segura, Puerto Rico Recovery” educational campaign, under the slogan: “Educate yourself, get ready and act."
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Gov’t cuts 116 regulations via ‘Dale Tijera’ initiative
May 30, 2018
The government’s "Dale Tijera" initiative launched March 12 has already resulted in the elimination of 116 regulations, Puerto Rico Secretary of State Luis Rivera-Marín said.
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Bankers Association financially backs micro-enterprise incubators
May 30, 2018
The Puerto Rico Bankers Association announced its support for local microenterprise incubators through a financial cooperation agreement with nonprofit organization Alianza para la Incubación de Microempresas Comunitarias-Solidarias Inc.
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Ookla names Liberty P.R. fastest network internet provider in ’17
May 28, 2018
Liberty Puerto Rico has received the 2017 Speedtest Award for Puerto Rico’s fastest network internet provider based on analysis by Ookla of some 1.3 million speed tests carried out by island consumers during the last six months of 2017.
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MCS Foundation, Grupo Guayacán join to promote P.R.’S economic development
May 25, 2018
In an effort to expedite Puerto Rico’s full recovery following Hurricanes Irma and María, the MCS Foundation announced an alliance with Grupo Guayacán Inc. (GGI), a nonprofit dedicated to helping entrepreneurs in various stages of development.
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Facebook to sponsor business training events in P.R.
May 24, 2018
Digital platform Facebook will organize a series of training events aimed at small and medium enterprises in Puerto Rico, Gov. Ricardo Rosselló confirmed.
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DMO chief to speak about the entity as ‘vehicle for progress’
May 24, 2018
Brad Dean, CEO of the island’s Destination Marketing Organization, will discuss the direction that promoting Puerto Rico will take to members of the Puerto Rico Hotel and Tourism Association during an industry luncheon May 31.
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MMM launches educational campaign for older adults during hurricane season
May 23, 2018
The lessons learned from hurricanes Irma and María are the basis of the “Prepárate con MMM” (“Get Ready With MMM”) campaign, focused on guidance and prevention strategies for the upcoming hurricane season, the company announced.
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Some 800 P.R. entrepreneurs participate in ‘Google for Small Businesses’ event
May 23, 2018
Some 800 Puerto Rico entrepreneurs took part in the government-sponsored “Google for Small Businesses” event, which aimed to contribute to the digital transformation of the island’s small and medium businesses.
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P.R.’s medical tourism sector prospering despite exodus, hurricanes
May 22, 2018
The 49 participants in Puerto Rico’s Medical Tourism program confirmed they see excellent opportunities that will result in an increase in patient visits, whether from the U.S. Virgin Islands, the U.S. mainland, or other countries that will benefit the local economy.
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Spanish jewelrer Luxenter opens 1st store in P.R., at Plaza Las Américas
May 21, 2018
Luxenter, a Spanish jewelry company established 45 years ago in Madrid, has entered the local market by opening its first store in Plaza Las Américas.
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FEMA extends USACE mission to provide power restoration to P.R.
May 18, 2018
The Federal Emergency Management Agency approved the extension of the U.S. Army Corps of Engineers mission assignment for emergency power restoration in Puerto Rico.
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