MIDA’s Consumer X-Ray study shows shoppers mindful of their pockets
June 13, 2012
Puerto Rico consumers reduced their monthly grocery spending by 10 percent year-over-year to $507 in 2012 from $561 in 2011, marking the first time a drop has been registered since 2005, the Marketing, Industry and Food Distribution Chamber, known as MIDA, said Tuesday.
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Culson headlines Popular’s ‘Echar pa’lante’ 2.0 campaign
June 13, 2012
Focusing on three pillars — support, discipline and passion — Banco Popular launched Tuesday the second phase of its “Echar pa’lante” (“Moving Forward”) institutional campaign centered on the image of Puerto Rico track and field overachiever Javier Culson.
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EPA, local gov’t reps discuss island’s environmental challenges
June 12, 2012
Puerto Rico’s high asthma rates, and recycling and pollution prevention efforts were some of the issues on the agenda of a meeting that took place late last week between the U.S. Environmental Protection Agency and local government representatives in New York, the agency said Monday.
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Tourism chief checks ground transportation services at LMM’s Terminal ‘A’
June 12, 2012
Tourism Company Executive Director Luis Rivera-Marín on Monday went to check the work being done in the area of ground transportation service at Terminal A, what is now known as the JetBlue Terminal at the Luis Muñoz Marín International Airport.
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Wireless carriers ready to ride out ’12 hurricane season
June 11, 2012
Although this year’s hurricane season is just getting underway, several of the island's wireless carriers have disclosed their network preparedness and recovery plans, confirming their ability to be ride any storm that heads Puerto Rico’s way.
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P.R. radio industry planning ‘historic get-together’
June 11, 2012
Puerto Rico’s commercial radio industry is marking a significant milestone this year, when it will commemorate 90 years since WKAQ-AM, its first station, went on the air in 1922.
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San Germán gets island’s 1st solar-powered gas station
June 8, 2012
The historic town of San Germán recently chalked up another significant feat by becoming the home of Puerto Rico’s first solar-powered gas station, a Texaco location that invested $269,500 to convert its systems, the Energy Affairs Administration said Friday.
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Public Building Authority refinances $588.9M in bonds
June 8, 2012
The Government Development Bank confirmed Thursday that the Puerto Rico Public Buildings Authority completed the refinancing of $588.9 million in bonds through a placement in the exempt market.
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Claro Puerto Rico joins global fight against AIDS
June 8, 2012
Claro Puerto Rico, a unit of América Móvil, announced Thursday the launch of its (Claro)RED initiative that coupled with the (RED) Rush to Zero campaign, seeks to eradicate the AIDS virus by 2015.
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S&P downgrades gov’t debt to ‘negative’ from ‘stable’
June 7, 2012
Standard & Poor's Ratings Services has revised its outlook for the Puerto Rico government’s general obligation (GO) and appropriation debt ratings to negative from stable.
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88.1% of local social media users connect daily, most gravitate toward Facebook
June 7, 2012
Puerto Rico’s Internet surfers are spending more time on social networks, a phenomenon that has been fueled somewhat by an increased willingness by employers to allow their staff to access while at work, a survey by the local chapter of the Interactive Advertising Bureau unveiled Wednesday showed.
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St. Regis Bahía Beach in Río Grande lands ‘AAA 5-Diamond’ rating
June 6, 2012
The St. Regis Bahía Beach Resort in Río Grande announced Wednesday that the beachfront property has earned AAA’s Five Diamond Rating, joining five other hotels that have landed the prestigious accolade in the Caribbean since 2011.
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Local delegation promotes P.R’s broadband needs in DC
June 6, 2012
Resident Commissioner Pedro Pierluisi told members of Congress Tuesday Puerto Rico needs to “have the correct policies in place, on both the federal and local level, to enable households and businesses … to access and adopt high-speed Internet and other modern telecommunications services at affordable rates.”
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Bankers Association integrates social networks into anti-fraud educational pitch
June 6, 2012
Saying that consumers can protect themselves the best when it comes to warding off identity theft and banking fraud, the Puerto Rico Bankers Association launched Tuesday a permanent educational initiative to teach people how to protect themselves against attacks to their personal finances.
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Luxury liquor brands economy-proof, industry execs say
June 6, 2012
The presidents of five of the world’s largest luxury liquor brands converged in Puerto Rico Tuesday to discuss the tendencies, challenges, and opportunities faced by the industry and its position with respect to today’s consumers and markets.
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