Quake-ravaged Haiti sees start of hotel building boom
April 16, 2013
Despite a U.S. State Department travel advisory warning Haiti-bound Americans about violent crime, infectious diseases and substandard medical facilities, several large tourism projects are proceeding as planned in the Western Hemisphere’s poorest country.
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Financial analysts to assess Puerto Rico’s economy
April 16, 2013
The Puerto Rican Association of Financial Analysts will meet Thursday to discuss the island’s economic situation and projections for 2013 to 2015, group president Heidie Calero said.
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Sam’s Club Puerto Rico gets new GM
April 16, 2013
Wal-Mart Stores Inc., announced Monday the appointment of Carmen Kingston as general manager for the district of Puerto Rico, responsible for the 11 Sam's Club membership stores on the island.
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AGP: Southwest to pump $200M into Puerto Rico economy
April 15, 2013
Puerto Rico’s economy stands to make $200 million a year through the arrival of Southwest Airlines, which landed on the island for the first time Sunday morning, carrying more than 170 passengers from Orlando.
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China bankrolls $150M Guyana international airport upgrade
April 15, 2013
Cheddi Jagan International Airport is about to undergo a dramatic transformation that will enable Guyana’s only air link to the outside world to receive larger, heavier aircraft — boosting direct passenger traffic to and from Europe and North America.
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Guyana marks 100th anniversary of aviation
April 15, 2013
In March 1913, a German daredevil named George Schmidt made local history when he flew his monoplane over Georgetown, dropping messages from the sky.
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Puerto Rico gov’t to pay $35M in back wages to corrections workers
April 12, 2013
Following an investigation by the U.S. Department of Labor’s Wage and Hour Division that found violations of the federal Fair Labor Standards Act’s overtime and record-keeping provisions, the commonwealth of Puerto Rico has agreed to pay more than $35 million in back wages and interest to 4,490 current and former employees of the territory’s Department of Corrections and Rehabilitation.
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EVERTEC going public at $20 a share
April 12, 2013
EVERTEC Inc. announced Thursday it has priced its shares at $20 for an initial public offering through which it could raise about $500 million for up to 25.2 million shares.
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Saborea nets $1.7M for Puerto Rico economy
April 12, 2013
Last weekend, Puerto Rico became the mecca for some 7,000 food enthusiasts who descended upon a beachfront bluff at Escambrón beach to savor the best dishes and drinks from the island’s culinary elite who gathered for Saborea de Puerto Rico.
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SBA’s Puerto Rico resource partners get $19K
April 12, 2013
Small businesses rebuilding in the aftermath of Hurricane Sandy will get both immediate and long-term help laying a foundation for economic recovery and resiliency thanks to expanded services funded by a $19 million emergency appropriation.
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BBQ cook-off returns to Miramar in July
April 12, 2013
The Puerto Rico Convention Center grounds in Miramar will set the stage for a giant gathering of barbecues and grills during the 6th Annual Cattlemen’s Caribbean BBQ Competition & Outdoor Festival, to be held July 13-14.
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OneLink bumps Internet service speeds, debuts Wi-Fi
April 11, 2013
Building on its commitment to improve its customers’ digital experience, Liberty Puerto Rico announced Wednesday it will extend its 20Mbps download/2Mbps upload Internet service to all OneLink Communications residential customers.
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Dominican Republic leads Caribbean in tourist arrivals
April 11, 2013
With just over 10 million people, the Dominican Republic is the second-largest Caribbean nation after Cuba. But the D.R. is clear and away the regional leader when it comes to tourism. In 2012, more than 4.56 million tourists visited the country by air, a 5.9 percent increase over the year before. Of the total, just under 639,000 were non-resident Dominicans abroad.
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Full house at San Juan cruise ship pier
April 11, 2013
A rare event took place Wednesday when five cruise ships with more than 15,000 passengers aboard docked at the Port of San Juan, said Ports Authority Executive Director Víctor Suárez.
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T-Mobile opening stores early for iPhone 5
April 11, 2013
In anticipation of iPhone 5’s arrival, T-Mobile Puerto Rico will open its stores early, at 7 a.m., this Friday to begin selling the device that has been available to customers through pre-orders since last week.
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