P.R. gov’t fetches $11.6M for former ‘Sears property’ in Hato Rey; 13 other assets on the block
septiembre 3, 2018
The government of Puerto Rico has sold a commercial lot, known as the “former Sears property” in Hato Rey — held in the defunct Government Development Bank’s portfolio — for $11.6 million.
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Discovery Bay Resort & Marina beachfront property in Aguadilla still for sale
septiembre 3, 2018
The price for a 200-acre beachfront property in Aguadilla that had been reserved for the Discovery Bay Resort & Marina development has dropped to $3 million, from the $9 million sought three years ago through an auction.
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P.R. Senate runs marathon hearing to gather input for PREPA transformation
agosto 31, 2018
Breaking from following the usual pattern of filing a bill, then holding public hearings, Committee Chairman Larry Seilhamer and Sen. Eduardo Bhatia heard expert recommendations to then submit the draft regulatory framework.
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P.R. Soccer League to invest $200M in 10 years to build sports venues
agosto 31, 2018
Each stadium will also have training grounds for the soccer club academy development activities.
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Parallel18’s 2nd-year results show latest participants generated $24.5M in sales
agosto 31, 2018
A third of those transactions were related to their operations in Puerto Rico, according to the results of the international acceleration program.
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P.R. Demographic Registry complies with order to publish mortality data
agosto 31, 2018
The information will be updated weekly on the open data platform managed by PRIS.
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Liberty P.R. launches ‘Liberty Go’ live video streaming application
agosto 30, 2018
Liberty Puerto Rico announced the launch of its “Liberty Go” application, available exclusively for the company’s TV customers.
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U.S. Department of Commerce awards $5.6M to Foundation for P.R.
agosto 30, 2018
The U.S. Department of Commerce is awarding a $5.58 million grant to the Foundation for Puerto Rico to support recovery efforts for towns and cities which were devastated by Hurricanes Irma and María.
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New head of the CUD wants to develop new crop of entrepreneurs
agosto 29, 2018
Jorge Argüelles, who swore into his position as president of the United Retailers Association over the weekend, believes Puerto Rico needs more entrepreneurs, and he’s setting out to develop them.
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FirstBank, INPRENDE seek to uplift 70 entrepreneurs in urban centers
agosto 29, 2018
With the aim of encouraging growth and strengthening established businesses in Puerto Rico’s urban centers, FirstBank and INPRENDE have joined to offer business training and advice to help 70 entrepreneurs gain a competitive edge.
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Plaza Las Américas marks 50 years of growth, change
agosto 29, 2018
Plaza Las Américas, the largest shopping center in Puerto Rico and the Caribbean, is marking 50 years of doing business on the island, where it has grown from an 800,000 square-foot mall in 1968 to a 2 million square-foot mega retail center now.
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Red Cross unveils $20M plan to install micro solar networks in 100 schools
agosto 27, 2018
As part of long-term recovery efforts following Hurricane María, the American Red Cross announced it plans to install micro solar networks in about 100 schools in Puerto Rico, which in turn serve as a shelters in times of emergencies.
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P3 Authority considering unsolicited bid to develop mega yacht marina, dry dock
agosto 23, 2018
The Puerto Rico Public-Private Partnership Authority is conducting a preliminary evaluation of an unsolicited proposal submitted by an undisclosed firm to develop a mega yacht marina and dry dock in San Juan.
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Science Trust, Sacred Heart U join to develop ‘new generation of innovators’
agosto 23, 2018
The Puerto Rico Science, Technology and Research Trust and Sacred Heart University have entered into a collaborative agreement to develop projects innovative projects with impact in the areas of science, technology, communication and entrepreneurship.
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Old Harbor Brewery returns to P.R.’s artisanal beer market
agosto 22, 2018
Old Harbor Brewery, a once popular brewery and restaurant in Old San Juan, is making a comeback in the hands of Destilería National Inc., which has made a $3 million investment to revive the artisanal brand after a three-year absence.
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