P.R. exploring its export potential through incentives, commercial missions
September 28, 2011
Local companies with a desire to export their goods and services have the opportunity to participate in at least 15 commercial missions that the government has on its agenda for next year that could potentially generate more than $22 million in sales, Economic Development and Commerce Secretary José Pérez-Riera said Tuesday.
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Pérez-Riera: P.R. can regain manufacturing footing, reactivate economy
September 28, 2011
The global currents and economic challenges of the private sector, which have generated a sort of pessimism that focuses on only one part of the current reality, have significantly affected Puerto Rico’s manufacturing sector, Economic Development and Commerce Secretary José Pérez-Riera said.
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Tourism council to government: Create a brand for P.R. and stick to it
September 28, 2011
Puerto Rico has a great opportunity and can be a powerful competitor in global tourism but it has a way to go to reach those goals, as it must first become a stronger player in the island’s economic development, where it only represents between 6 percent and 8 percent of the overall activity.
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Government, private sector sign economic development MOU
September 27, 2011
In what may constitute as one of the most significant unions between the public and private sector in recent years, dozens of private sector and government officials gathered Tuesday to sign a memorandum of understanding to support the Luis Fortuño administration’s efforts to push the Puerto Rico Investment Promotion Act in Washington.
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Tourism Company launches strategies to promote ‘green’ practices
September 27, 2011
Abrupt climate changes that have affected the island in recent years have directly and indirectly impacted various areas of tourism, such as facilities, infrastructure, activities and attractions, Tourism Company Executive Director Mario González-Lafuente said Monday.
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National University College expands Spanish online degree programs to Florida
September 27, 2011
National University College Online announced Monday the expansion of its online college degree programs in Spanish to Florida, offering students the opportunity to earn associate, bachelor and master degrees in fields such as business administration, criminal justice and education.
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Honeywell investing $1.3M in Aguadilla operation
September 26, 2011
Honeywell Aerospace Industries is looking to create a new customer support center at its Aguadilla complex, for which it will invest more than $1.3 million, company officials said Monday.
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1st local WordPress conference planned for Caguas in November
September 26, 2011
WordPress, one of the most popular personal publishing software platforms on the Internet, will be hosting its first ever “WordCamp” conference on the island Nov. 12, in conjunction with the Turabo University and the municipality of Caguas, News is my Business learned
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4 rural operations get $342K in USDA renewable energy funds
September 26, 2011
A pair of dairy operations in Hatillo and two other operations in Guayanilla and Aibonito are the recipients of nearly $342,000 in U.S. Department of Agriculture grants to implement renewable energy and energy efficiency measures. In the case of Puerto Rico, all of the companies will integrate solar energy technology into their businesses.
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6 companies vying for LMM management
September 23, 2011
The list of suitors to take over the management of the Luis Muñoz Marín International Airport has been whittled down to six: Flughafen Zürich, PSP, CCII, and IDC; Fraport and Goldman Sachs; GMR Infrastructure and Incheon Airport; Grupo; Aeroportuario del Sureste and Highstar Capital; Grupo Aeropuertos Avance; and. Puerto Rico Gateway Group.
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High energy costs spark online grassroots movement, possible bill boycott
September 23, 2011
A movement that has been brewing on Facebook for the past two weeks driven by Todo PR contra el Abuso de la AEE (All of Puerto Rico against PREPA’s abuse), could result in thousands of consumers disputing their energy bills in coming months, as a way of pressuring the Puerto Rico Electric Power Authority into lowering energy costs.
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Planning Board OKs Santa Isabel wind farm project
September 23, 2011
The Puerto Rico Planning Board has signed off on the lease of some 10,000 acres of land in Santa Isabel where San Francisco-based Pattern Energy Group will build the island’s first wind farm, the agency announced Thursday.
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Local companies raising salaries by 2.9% to 3.1% in ’11, study shows
September 23, 2011
In what may count as another hint pointing toward an economic improvement on the island, local companies are giving their employees salary hikes of between 2.9 percent and 3.1 percent this year, a study released Thursday by the Society of Human Resources Management showed.
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Pierluisi submits ‘Puerto Rico Investment Promotion Act’ bill in Congress
September 23, 2011
Resident Commissioner Pedro Pierluisi introduced Thursday the Puerto Rico Investment Promotion Act, which seeks an amendment to the U.S. Internal Revenue Code to open the door for job creation and strengthening the island’s economy.
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TRB still holding off on granting Claro’s IPTV license
September 22, 2011
Six weeks after holding possibly the most explosive public hearing in its history, the Telecommunications Regulatory Board has yet to officially grant Claro the franchise license it needs to launch Internet-based television services.
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