MCS founding partner to head company’s life insurance business
January 12, 2012
José Durán, one of Medical Card System Inc.’s founding partners, has been appointed president of its MCS Life Insurance Co. division. He has been assigned the responsibility of overseeing and strengthening the division’s growth this year, MCS CEO Jim O’Drobinak announced Wednesday.
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ASORE blasts bill proposing poultry regulatory office
January 11, 2012
The head of the Puerto Rico Restaurants Association blasted Senate Bill 2281 Tuesday, saying it could trigger an increase in chicken prices at the consumer level and would represent the creation of yet another government entity.
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Senate proposes $200K budget to create ‘Porta Antillas’
January 11, 2012
The creation of a fourth tourism region to be known as “Porta Antillas” is seemingly gaining ground in the Senate, which on Tuesday discussed a bill setting aside $200,000 to make it a reality.
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P.R. Convention Bureau DMO status renewed
January 11, 2012
The Destination Marketing Association International recently renewed the Puerto Rico Convention Bureau’s destination marketing organization (DMO) status, including it in an elite group that has met a set of rigorous quality and service standards.
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Volvo Rents ‘digs’ into P.R. market with pair of acquisitions
January 10, 2012
Shippensburg, Pa.-based Volvo Rents, a wholly-owned subsidiary of the Volvo Group, recently broke into the Puerto Rico market through the acquisition of Casco Rentals in Toa Baja and Encar Rentals Inc. in Lajas.
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Mandatory cargo inspections turn up drugs, no guns
January 10, 2012
Nine months after the Puerto Rico Port Authority launched mandatory cargo inspections at the maritime facilities in San Juan, some 43,000 containers have been processed turning up “substantial drug shipments” but no illegal firearms, Gov. Luis Fortuño said Monday during a tour of the facilities.
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Banking sector ‘optimistic’ about ’12
January 10, 2012
Following a year taken up mostly by efforts to stabilize operations, the banking sector is ready to regain full financial footing and begin growing loan portfolios in 2012. All that activity should yield a much-needed positive effect on the economy, several high-ranking bankers told News is my Business.
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SBA District Director Sifontes dead
January 9, 2012
José Sifontes, who held the post of U.S. Small Business Administration District Director for Puerto Rico and the U.S. Virgin Islands, José Sifontes, passed away Dec. 28, the agency announced Monday.
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SJ ranks 2nd on Orbitz list of top int’l travel destinations
January 9, 2012
The most recent edition of the Orbitz Insider Index, published by the popular online travel company, ranked San Juan as the second most-popular international travel destination in 2011, just behind Cancun, Mexico and ahead of London, England.
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EPA confirms toxic emissions drop in P.R., up for USVI
January 5, 2012
Toxic emissions in Puerto Rico were 15 percent lower in 2010 versus the prior year, but higher in the U.S. Virgin Islands, the U.S. Environmental Protection Agency’s 25th edition of its Toxics Release Inventory report.
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BPOP to host USVI food fest
January 5, 2012
Banco Popular will host a one-night culinary event that will draw an all-star lineup of chefs from the Caribbean and the U.S. mainland who will showcase their best recipes for eager foodies. The “Ultimate Flavors of the Islands” will take place Jan. 20 from 7 p.m. to 11 p.m. at the recently renovated Frenchman’s Reef and Morning Star Marriott St. Thomas Beach Resort.
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Speed, service will drive P.R. wireless market this year
January 5, 2012
Puerto Rico’s wireless market is gearing up for another year of growth, fueled by the explosion of 4G Long Term Evolution (LTE) digital technology that promises faster and better services. The demand that should be associated with LTE will drive companies to do everything they can to expand the technology’s reach, industry executives told News is my Business.
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Walgreens toy drive benefits 125 nonprofits
January 5, 2012
Under the slogan “Every child deserves a Christmas gift,” close to 5,000 children will be getting a present during this holiday season, collected by Walgreens in Puerto Rico. The kids who participate in programs run by 125 community groups have been receiving their toys during visits the retailer’s staff has conducted and that conclude on Friday’s Three Kings Day celebration.
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CofC sees ‘challenges ahead’ in ’12
January 3, 2012
Even before 2012 started it was already shaping up to be a year of “many challenges” for the island’s economy, Puerto Rico Chamber of Commerce President Salvador Calaf said.
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PRMA’s plans for ’12: ‘Keep ball rolling’ on key strategies
January 3, 2012
The Puerto Rico Manufacturers Association has mapped out its strategy for 2012, when it aims to keep the ball rolling on several key strategies it set off last year.
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