UPR, Turabo get $200K EPA grants for pollution prevention projects
December 7, 2012
The U.S. Environmental Protection Agency (EPA) has awarded nearly $200,000 in pollution prevention grants to the University of Turabo and the University of Puerto Rico’s Aguadilla campus to fund projects that will help prevent pollution in Puerto Rico.
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FirstBank in alliance with Ballet Concierto de Puerto Rico
December 7, 2012
To help break the economic dependence cycle of female victims of domestic violence and other socially disadvantaged women, FirstBank awarded a $5,000 donation to Ballet Concierto de Puerto Rico (BCPR) to provide training in sewing and work for 34 weeks to two participants of Casa Protegida Julia de Burgos and Hogar Buen Pastor.
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‘Grow Your Business with UPS’ launches in LatAm, Caribbean
December 7, 2012
UPS announced the launch of “Grow Your Business with UPS,” an online promotional program aimed at both new and current customers. This is the first initiative of its kind in the region, and it will be available in Argentina, Brazil, Dominican Republic, Mexico, and Puerto Rico.
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SBA adds COOPACA as new 7(a) lender in Puerto Rico
December 7, 2012
The U.S. Small Business Administration (SBA) announced that it has given authority to Cooperativa de Ahorro y Crédito de Arecibo, better known by its acronym COOPACA, to provide financial assistance to small businesses under SBA’s 7(a) Loan Guaranty Program.
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Anna’s Linens heads west with store in Mayagüez
December 7, 2012
Anna’s Linens announced that, after the favorable reception it has had since entering the local market, the retailer decided to open its sixth store in Puerto Rico ahead of schedule. The new 15,000-square-foot store — the home goods retailer’s largest store in Puerto Rico — is located at the Mayaguez Mall, at Borders’ former location, and it required an investment of approximately $900,000. The store is scheduled to open its doors Dec. 13.
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Ex Puerto Rico Treasury Sec. Méndez to head Doral’s retail, mortgage banking
December 6, 2012
Doral Bank President Glen Wakeman today announced the appointment of Jesús Méndez as executive vice president of operations of the bank’s retail and mortgage banking operations in Puerto Rico.
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U.S. Census survey gauges Puerto Rico’s schooling, jobs, housing
December 6, 2012
Salinas is the town with the highest level of preschool or nursery school enrollment, while Dorado has Puerto Rico’s highest level of residents holding at least a bachelor’s degree, according to the recent American Community Survey released Thursday by the U.S. Census Bureau.
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Guayacán picks EnterPRize competition winners
December 6, 2012
CitaMed.net, a start-up company that offers a fully automated medical appointment confirmation service for doctors appointments and other healthcare-related visits walked away as this year’s winner of the eighth annual edition of the “EnterPRize” business plan competition, sponsored by Grupo Guayacán.
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Toyota introduces Avalon ’13, hybrid model next year
December 6, 2012
Toyota de Puerto Rico unveiled Wednesday its new, redesigned Avalon 2013, which combine styling, innovation, and an elevated level of craftsmanship to help reposition the flagship sedan within the highly competitive premium mid-size segment.
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Latest boycott of ‘La Comay’ could be costly for WAPA TV
December 5, 2012
The backlash generated in response to recent comments made by puppeteer Antulio “Kobo” Santarrosa through his television show “SuperXclusivo” and female alter-ego “La Comay” about a gruesome murder that took place over the weekend could take a significant bite out of WAPA TV’s (Ch. 4) advertising revenue, as a handful of its major corporate sponsors pulled their ads from the prime-time slot Wednesday.
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CNE: Gov’t will have 90 days to lay out fiscal plans
December 5, 2012
Come January, when the new administration headed by Gov.-elect Alejandro García-Padilla takes over the reins of the government, it will have 90 days or so to present stateside credit agencies a “viable and concrete” plan outlining its strategy to tackle Puerto Rico’s fiscal problems, executives from the Center for the New Economy said Tuesday.
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Inteco launches regional broadband network
December 5, 2012
The Central Eastern Technological Initiative, or Inteco, launched its ambitious $16.3 million broadband network project that will benefit a 10-town region through advanced Internet access Tuesday, a little more than a year after announcing its plans.
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Visa: Latin American commercial spending at $7.8T in ’11
December 5, 2012
Visa Inc. released its annual global Commercial Consumption Expenditure index, which estimates that commercial spending — including small, medium, large and governments — in Latin America and the Caribbean reached $7.8 trillion dollars in 2011.
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Sea Star parent orders 2 $350M eco-friendly cargo ships
December 5, 2012
New Jersey-based TOTE Inc. has contracted General Dynamics NASSCO to design and build two 764-foot TEU liquefied natural gas-powered containerships to serve the Puerto Rico maritime trade route, with options for three more vessels for additional domestic service, the companies announced Tuesday.
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Eaton closes acquisition of Cooper Industries
December 5, 2012
Diversified industrial manufacturer Eaton Corporation plc and electrical equipment supplier Cooper Industries plc announced Tuesday that Eaton has completed its acquisition of Cooper.
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