Instituto de Banca y Comercio graduates 9K students
February 5, 2013
The Instituto de Banca y Comercio (IBC) this past weekend graduated more than 9,000 students from across Puerto Rico who achieved their goal of finishing an associate’s degree that “will open a world of opportunities in the job market,” school President Guillermo Nigaglioni said.
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Planning Board: Land Use Plan ready by Jan. ’14
February 4, 2013
Puerto Rico Planning Board President-designate Luis García-Pelatti has made it his mission to spend the next year polishing and updating the Land Use Plan, first proposed nearly a decade ago.
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USVI defends rum trade perks against mounting Caribbean diplomatic protests
February 4, 2013
Donna Christiansen, the U.S. Virgin Islands’ non-voting delegate to Congress, is aggressively defending her territory’s right to use rum excise-tax rebates to lure companies such as Diageo to its shores.
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Truenorth expanding operations; Seeks to hire 320 people
February 4, 2013
Puerto Rican business transformation and information technology firm Truenorth Corporation is currently seeking candidates to fill more than 320 professional jobs this year, a hiring spree that’s fueled by sales growth in both the public and private sectors, company CEO Gabriel Fernández said.
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2 local companies lock down $3.4M in sales during Colombia expo
February 4, 2013
Two Puerto Rican companies recently participated in the most important textiles and garments event, Colombiatex of the Americas 2013, joining nearly 400 entrepreneurs from around the world.
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Liberty readies OneLink for new services, pricing
February 1, 2013
The next couple of weeks will be decisive ones for Liberty Puerto Rico, as it sets off a number of strategies it has laid down to improve services and pricing offers to its recently acquired OneLink Communications customer portfolio.
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Hill Construction files for Ch.11, lists $13.5M in debt
February 1, 2013
Hill Construction Corp., a construction development pioneer that has been doing business in Puerto Rico for almost 40 years, filed for Ch. 11 bankruptcy protection earlier this week, listing more than $13.5 million in accrued debt.
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Popular’s ‘Progreso Económico’: Tourism, bright spot in economy
February 1, 2013
Puerto Rico residents are driving the island’s tourism sector, checking into island hotels and paradores (small inns) at a faster rate than outside visitors and keeping the sector afloat despite the somber economic scenario, Banco Popular’s most recent edition of the “Progreso Económico” report concluded.
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1st Kia ‘Platinum Dealer’ certified in Puerto Rico
February 1, 2013
Kia Motors Corporation recently granted the Automax dealership its “Platinum Dealer” certification, making it the first Kia Motors dealer in Puerto Rico to obtain this recognition.
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AGP urges construction sector to join job creation effort
January 31, 2013
Recognizing that the construction sector has been going through a prolonged rough patch, Gov. Alejandro García-Padilla told members of the Association of General Contractors, Puerto Rico chapter Wednesday that his administration’s plans call for their inclusion in a number of projects in the pipeline.
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BlackBerry betting on redesign to get back in game
January 31, 2013
Research in Motion, now officially known as BlackBerry, launched Wednesday two versions of its celebrated smartphones and a new operating system that, in the company’s words, has been “re-designed, re-engineered, and re-invented” to create “a new and unique mobile computing experience.”
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Treasury Dept. starts distributing ’12 tax return forms
January 31, 2013
The Puerto Rico Treasury Department announced Wednesday it has begun the task of distributing 2012 tax booklets, putting close to 80,000 of the short forms in the mail in anticipation of this year’s April 15th filing deadline.
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CRIM seeking $9M in damages from tech provider
January 30, 2013
The Municipal Revenue Collections Center is suing New York-based Infor Inc. for $9 million in damages related to the provider’s alleged inability to maintain software that the Puerto Rico government agency purchased in 2006.
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Pierluisi calls PR-USVI rum rivalry a ‘race to the bottom’
January 30, 2013
Puerto Rico isn’t a country, so unlike most of its English-speaking Caribbean neighbors, it doesn’t have an embassy in Washington. And it’s not a state either, so it can’t send to Congress the eight lawmakers — two senators and six representatives — its population of 3.7 million would warrant under statehood.
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Puerto Rico lottery tickets now sold at vending machines
January 30, 2013
Puerto Rico lottery players now have a new option through which to buy their tickets: brightly colored, free-standing, self-service ticket vending machines recently installed at several big box retailers in the San Juan metropolitan area. Lottery officials are betting the machines could generate close to an extra $1 million a year in gaming sales, this media outlet learned Tuesday.
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