Diageo offers $55K in scholarships for ‘Learning for Life’ initiative
March 13, 2012
British liquor producer Diageo has kicked off the recruitment of college students interested in participating in its “Learning for Life” program, an eight-week hands-on training on Puerto Rico’s service and tourism industry.
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JetBlue seeks OK to fly Washington’s Reagan National Airport, LMM route
March 12, 2012
JetBlue Airways filed with the U.S. Department of Transportation a "capital-to-capital" application for permission to launch new nonstop service from Ronald Reagan Washington National Airport to San Juan, a route that has been unattended for quite some time, the company announced Monday.
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PRIDCO assigns $1.6M to Inteco’s broadband development project
March 12, 2012
The Puerto Rico Industrial Development Company’s board approved a $1.6 million assignment to the Central Eastern Technological Initiative, to match federal funding granted by the U.S. National Telecommunication and Information Administration to expand broadband access to economically disadvantage communities in the region, Economic Development and Commerce José Pérez-Riera, who also heads Pridco, said Monday.
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P.R. consumers click their way into saving millions with ‘group coupons’
March 12, 2012
It’s no big secret that Puerto Ricans have changed their shopping habits in the wake of the tough economic times experienced in the last six years. So much so that using what was once taboo, a discount coupon, is becoming a daily occurrence due in part to the proliferation of online companies dedicated to offering everything from a manicure to furniture cleaning services at a fraction of the cost.
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Porsche World Roadshow makes island pit stop
March 12, 2012
The Porsche World Roadshow recently pulled into Puerto Rico, one of the iconic automaker’s top Latin American markets that despite maneuvering a prolonged economic downturn, continues to fuel regional sales.
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Treasury cuts $28.7M in refund checks to 31K taxpayers
March 12, 2012
The Treasury Department is keeping up the pace in processing this year’s tax returns, reimbursing more than $28.7 million to 31,494 taxpayers who have filed their planillas well ahead of this year’s April 17th deadline, agency Secretary Jesús Méndez said.
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Tsunami shelter developer strikes agreements to build prototype
March 9, 2012
Brahman Industries, the developer of a tsunami and flood shelter system known as the STATIM, announced Thursday it has entered into a collaborative agreement with Martínez Marine Design Inc and Creative Systems Inc. to validate the structure’s design and capabilities and move forward to producing and testing full-scale prototypes.
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P.R. banking sector keeps lid on money laundering
March 9, 2012
In the last decade, Puerto Rico’s banking institutions have become more proactive when it comes to detecting and reporting suspicious possible money laundering activity to local and federal authorities.
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Planning Board: Construction activity up 4.7% in fiscal ’11
March 9, 2012
Construction activity exceeded $3.8 billion in fiscal 2011, which represents a $173.5 million year-over-year increase when compared to the prior 12-month period, Planning Board President Rubén Flores-Marzán said Thursday.
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Scotiabank collects $85K for 10 nonprofits during ‘World’s Best 10K’ race
March 9, 2012
Through the "10 for the Scotiabank 10K" campaign and for the second consecutive year, 10 Scotiabank de Puerto Rico executives accepted the challenge to raise funds for 10 local nonprofits by walking or running the World's Best 10K race held late last month. Scotiabank is the event’s main sponsor.
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Popular Auto taking show on the road
March 9, 2012
Auto financing company Popular Auto is taking its portfolio of products and offers on the road, visiting dealerships from Río Piedras to Ceiba this weekend as part of its “Popular Auto in your dealer” campaign.
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El Churry opening 1st restaurant in SJ, adding 4th food truck
March 8, 2012
El Churrasco Deli Inc., operator of the wildly popular “El Churry” food trucks, is getting ready to open its first sit-down restaurant in the Cupey sector of San Juan in early April, company executives told News is my Business Wednesday.
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Op-Ed: Setting the record straight
March 8, 2012
It really, really unnerves me whenever a journalist or talk show host — especially on the radio — while criticizing or making fun of a politician’s discourse, event or photograph in the news media, almost always identifies the action as a “public relations gimmick” or “public relations stunt.”
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Sea Star Line announces rate increase
March 8, 2012
Sea Star Line announced Wednesday it is implementing a 3.5 percent general rate increase effective April on shipments between U.S. maritime ports and Puerto Rico.
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Feds likely to nix using nutritional assistance funding to pay for fast-food meals
March 7, 2012
The possibility that the federal government will give the green light to expanding Supplemental Nutritional Assistance Program benefits to include restaurants is practically zero, as Congress is looking to make funding cuts to lessen the system’s impact on the national budget.
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