J&J invests $226.5M to expand Puerto Rico plants
October 2, 2012
Johnson & Johnson is expanding its presence in Puerto Rico through a $226.5 million investment that will improve its two plants in Gurabo and operations in Manatí and San Lorenzo, and add 308 new jobs to its payroll, company and government officials announced Monday.
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Open Mobile unveils new biz model, fully deploys 4G LTE
October 2, 2012
Wireless carrier Open Mobile officially announced the birth of a new business model with which it will break away from the strictly prepaid, no-contract structure it has offered since entering the market more than a decade ago.
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Bankers Association marks decade of community reinvestment
October 2, 2012
The Puerto Rico Bankers Association this week will celebrate 10 years of the local banking industry’s contribution and impact on the development of the island’s communities with a series of educational events during “Community Reinvestment Week 2012,” organization officials said Monday.
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International newspaper ‘Metro’ makes local debut
October 2, 2012
Metro International, the world's largest international newspaper, is launching its free daily newspaper in Puerto Rico, publishing a special edition that will circulate today as a “sneak peek” before going into full publishing mode later this month, company officials said.
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Suiza Dairy settles EPA case; to pay $275K fine, invest $3.7M
October 2, 2012
Puerto Rico dairy producer Suiza Dairy has agreed to pay a penalty of $275,000 and invest some $3.75 million in plant upgrades to settle Clean Air Act violations, as per an agreement with the Department of Justice and the U.S. Environmental Protection Agency.
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Op-Ed: Positions of distrust
October 2, 2012
Assume for a moment that a company has just recruited you, after being thoroughly evaluated by its directors and after having competed with dozens of candidates aspiring for the same position as you.
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Doral Bank launches ‘Ruta Mujeres d Éxito’ program
October 2, 2012
Doral Bank announced Monday the start of its “Ruta Mujeres d Éxito” program offering a free educational experience for professional and entrepreneurial women.
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Banco Popular, Yees! team up to offer teacher workshops
October 2, 2012
The Young Entrepreneurship Education System, known as Yees!, conducted the first entrepreneurial workshop for teachers as part of Banco Popular de Puerto Rico's “Echar Pa’lante” institutional program.
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Puerto Rico airport P3 draws many comments online
October 1, 2012
While dozens of representatives from the public, private and labor sectors asked for a turn to speak during last Friday’s Federal Aviation Administration-sponsored hearing on the proposal to transfer the operation of Puerto Rico’s main airport facility, the Luis Muñoz Marín Airport, out of the government’s hands, others have opted to go online to express their thoughts on the historic transaction.
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McConnell Valdés LLC wins pair of international awards
October 1, 2012
McConnell Valdés received two prestigious international awards from publications “Chambers & Partners” and “International Tax Review” for the company’s “outstanding performance” in the last year, it was announced over the weekend.
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Op-Ed: Insights for future participants of an FTZ
October 1, 2012
The recent public announcement regarding the extension of the Foreign Trade Zone (FTZ) to the Rafael Hernandez Airport in the northwestern town of Aguadilla could produce a renewed interest from domestic and global businesses concerning the purpose and niceties of this international trade operation.
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More than 1K students hit coffee fields
October 1, 2012
More than 1,000 students hit Puerto Rico’s coffee fields over the weekend to pick the ripe beans alongside a crew of government officials, the Agriculture Department confirmed.
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18 future environmental pros get Toyota Foundation grants
October 1, 2012
Eighteen students enrolled in college curriculums related to the environment were the recipients of the latest round of scholarships awarded through the Toyota Foundation as part of its commitment to the protection of resources and ecological causes in Puerto Rico.
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FirstBank Puerto Rico in ‘expansion mode’ in Florida
September 28, 2012
FirstBank Puerto Rico is aggressively expanding its footprint in Florida, where it plans to open three new branches before year’s end, Calixto García-Vélez, regional executive for the financial institution’s Florida region confirmed Thursday.
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Economic Activity Index stays on positive ground in July
September 28, 2012
The Government Development Bank unveiled the Economic Activity Index (GDB-EAI) for the month of July, which settled at 127.3, reflecting a 0.5 percent year-over-year increase.
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