Agriculture hit with $17.8M in hurricane-related damage
August 24, 2011
Hurricane Irene dealt a $17.8 million blow Puerto Rico’s agriculture as it unleashed its strong wind and dumped inches of rains on the island since Sunday, ripping up or drowning acres of plantains and fruit and vegetable crops, government officials said Tuesday.
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Fortuño to assess crop damage today
August 23, 2011
Two days after Tropical Storm Irene pounded Puerto Rico with non-stop rains and hurricane-force winds, Gov. Luis Fortuño will go on a road trip today to assess local crop damage, which, by the looks of what was left behind, could be significant.
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BBVA Research: LatAm economy to grow 4.8% in ’11, P.R. recovery lagging
August 22, 2011
The Latin American economy will grow 4.8 percent this year, converging at rates of around 4 percent in 2012 and 2013, slightly above BBVA Research’s prior forecast, due to high commodity prices and stronger domestic demand than anticipated in some countries, Joaquín Víal, chief researcher for the organization’s South American unit.
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Op-Ed: Tales from an evolved ape — Neither snow, nor heat, nor recession…
August 22, 2011
Growing up, there were three things that I would look for in my day that would get me running for the door, the sound of the approaching Mister Softy ice cream truck and its peculiar bell, the rumbling sound of my father’s approaching Plymouth Duster and the peculiar sound of a funny looking white right- sided steering wheeled truck with red and blue emblems and manned by men in blue uniforms delivering news, bills and packages — the all too familiar postman.
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P.R.’s HealthSouth facilities among best in chain
August 22, 2011
Puerto Rico residents in need of physical therapy services can find quality care at HealthSouth Rehabilitation Hospitals in Manatí and San Juan, which recently were ranked first and second, respectively among the chain’s 97 facilities nationwide.
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BPOP launches campaign advocating hope
August 22, 2011
Banco Popular recently launched its newest institutional effort through which it seeks to inspire island residents to move forward and pursue their dreams through positive actions.
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Flurry of cancellations as P.R. braces for Tropical Storm Irene
August 21, 2011
As Tropical Storm Irene cut across Puerto Rico Sunday, the private sector shut down most operations late in the day and called off numerous activities for Monday. Following is a sector-by-sector roundup of cancellations.
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P.R. jobless rate stands at 16.3% in July
August 20, 2011
The Puerto Rico Labor Department said Friday that the island’s unemployment rate for the month of July clocked in at 16.3 percent, reflecting a year-over-year drop of 0.6 percentage points, but a 1.1 percentage point increase when compared to June.
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HP’s decision to move away from PCs will not affect Aguadilla site
August 20, 2011
Aguadilla — Hewlett Packard’s decision to divest its PC business will not affect the sprawling manufacturing plant it has in this northwestern town, Lucy Crespo, general manager of manufacturing operations said Friday.
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Dannon introduces Oikos Greek yogurt
August 19, 2011
Looking to maintain and expand its command of the local yogurt market, Dannon Co. introduced its popular Oikos Greek Yogurt product line, which will replace the existing Dannon Greek brand in supermarket and store shelves. The uber-creamy treat is unique from other types of yogurt, and is part of a growing category, company officials said.
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FirstBank expands footprint into Yauco
August 19, 2011
In its pursuit to provide the best service and convenience for customers, FirstBank announced the recent opening of its Yauco Plaza I Shopping Center branch. The new 3,600 square-foot facility employs 17 sales and service employees.
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Amazon slashes free shipping option to P.R., other U.S. territories
August 19, 2011
In what may seem like a case of “adding insult to injury,” Puerto Rico consumers who opt to shop online for their books via Amazon.com will find that the company is no longer offering its “Free Super Saver” shipping option to the island.
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Local nonprofits receive $98K in USDA grants
August 19, 2011
Two local nonprofit organizations in Aguada and Vega Alta are among 107 recipients that will share some $55 million in grants from the U.S. Department of Agriculture to create jobs, and improve health and safety conditions in rural communities, agency Secretary Tom Vilsack said Thursday.
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Feds slap $770K fine on P.R. shipper for polluting Guánica Bay
August 18, 2011
Epps Shipping Company, a Liberian corporation doing business in Carolina, is facing a $700,000 federal fine for violating the Act to Prevent Pollution from Ships and lying to the U.S. Coast Guard regarding an incident dating to November 2010, the U.S. Department of Justice announced Thursday.
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SBA loan application deadline less than a month away
August 18, 2011
Local private nonprofit organizations that sustained damages as a result of the severe storms, flooding, mudslides and landslides that occurred during the two-week period from May 20 to June 8, 2011 have less than a month to submit their disaster loan applications to the U.S. Small Business Administration, the agency announced Wednesday.
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