Retail exec: P.R.’s lack of sizeable, ‘move-in ready’ space inhibiting sector growth
January 24, 2012
Puerto Rico is lacking one fundamental element necessary for the retail industry to grow and welcome new players: move-in ready spaces large enough to fit the “big box” chains, Michael Kercheval, president of the International Council of Shopping Centers Inc. told News is my Business Monday.
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Haiti’s Tourism chief: ‘We’re ready to receive niche markets’
January 24, 2012
Last year, Haiti received around 600,000 foreigners — half of them “diaspora Haitians” visiting family and friends. The other half was largely business executives and representatives of NGOs. This excludes the 600,000 cruise Haship tourists who called on Labadie, Royal Caribbean’s private island off the north coast of Haiti.
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Op Ed: Creating a successful marketing strategy
January 24, 2012
Sales and advertising are often associated with marketing. While these are an important part of marketing, there is a horde of other tools and tactics. These tools help to enhance your business’ attractiveness and customer visibility. Using these resources along with careful research and planning, help to yield a successful marketing strategy.
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Chamber to host healthcare and insurance conference
January 24, 2012
The Puerto Rico Chamber of Commerce (CofC) is inviting the local business community to the Puerto Rico Healthcare & Insurance Conference 2012 “Economic Transformation in Health,” slated for Feb. 2 at the Conrad San Juan Condado Plaza Hotel & Casino.
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Cable providers, TRB face off in court this week over Claro franchise license
January 23, 2012
OneLink Communications and Choice Cable TV will face off against the Telecommunications Regulatory Board in federal court this week over the agency’s decision to grant Puerto Rico Telephone (Claro) a cable television franchise license to offer Internet Protocol television services, which the cable providers claim is illegal.
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Villedrouin takes on Haiti’s massive tourism challenge
January 23, 2012
PORT-AU-PRINCE — Two years since the worst earthquake to ever strike the Caribbean, Haiti is desperately trying to turn its shattered economy around —and it’s counting on tourism to bring in badly needed dollars.
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Travel site Expedia: Bookings to P.R. up by 9% in 1st 10 months of ’11
January 23, 2012
The number of tourists selecting Puerto Rico as the destination they want to visit has grown steadily this year, according to statistics from Expedia, Inc., the world’s largest online travel company, which operates more than 100 Expedia and Hotels.com-branded sites globally.
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P.R. Energy Affairs, USDA announce availability of energy conservation funds
January 23, 2012
The Puerto Rico Energy Affairs Administration and the U.S. Department of Agricultrue —through the National Resources Conservation Service — announced the availability of funds for energy audits aimed at reducing energy consumption at their farms and help farmers upgrade equipment through the Environmental Quality Incentives program.
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Historic OSJ restaurant La Mallorquina closes after 86 years
January 20, 2012
The historic La Mallorquina restaurant in Old San Juan quietly shuttered its doors earlier this week, becoming the latest victim of a depressed economy that has brought down many historic eateries in the last five years.
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Southwest moving into LMM after phasing out AirTran brand
January 20, 2012
Southwest Airlines and its wholly owned subsidiary AirTran Airways confirmed Friday the intent to convert AirTran Airways operations at 22 domestic and international airports, including the Luis Muñoz Marín International Airport in Carolina, to Southwest operations over time.
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Popular’s ‘Echar Pa’lante’ campaign enters new phase
January 20, 2012
Banco Popular’s “Echar Pa’lante” institutional campaign, launched five months ago, is entering a new phase this year that calls for developing a long-term blueprint to foster entrepreneurship and education to help drive Puerto Rico’s individual and collective growth.
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Doral pulls out of the red in 4Q, trims ’11 losses
January 20, 2012
Doral Financial Corporation, the parent company of Doral Bank, reported net income of $11.7 million for the fourth quarter ended Dec. 31, 2011, compared to a net loss of $30.2 million for the quarter ended Sept. 30, 2011 and a net loss of $36.1 million for the quarter ended Dec. 31, 2010.
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More than $420K invested in Aibonito ‘green’ energy projects
January 20, 2012
Municipal buildings, public service centers and some 60 families in the mountain town of Aibonito are investing more than $420,000 to develop “green” energy projects to reduce their energy costs and their dependence on fossil fuels, Puerto Rico Energy Affairs Administration Executive Director Luis Bernal said Thursday.
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Tourism chief named to U.S. Travel & Tourism Advisory Board
January 19, 2012
U.S. Commerce Secretary John Bryson today appointed Puerto Rico Tourism Company Executive Director Mario González-Lafuente, to the U.S. Department of Commerce’s Travel and Tourism Advisory Board (TTAB) as part of a strategy to promote the United States.
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W Retreat & Spa named among world’s most lavish resorts
January 19, 2012
The W Retreat & Spa in Vieques has been named among the world’s top 10 poshest resorts by the World Luxury Association, which ranks the globe’s most lavish brands in diverse areas such as aircraft, yachts, cars, jewelry, watches, fashion, liquor, cosmetics and resorts.
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