GenTrust to open investment advisory office in San Juan
December 16, 2019
Miami-based registered investment advisory firm GenTrust will open an office in San Juan, to carry out its fiduciary duty to its clients, company officials announced. According to a report published by CityWire, GenTrust handles some $400 million in assets for clients based in Puerto Rico. “Our team has more than two decades of experience servicing […]
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Hecho en Puerto Rico launches mobile app to ease holiday shopping
December 16, 2019
“Hecho en Puerto Rico: La Tienda,” located on the third level of Plaza Las Américas, unveiled its new mobile app, called Tupyx, which will allow users to order, deliver or pick-up their purchases at the store. “This is an example of how technology can attract customers to “Hecho en Puerto Rico: La Tienda,” and at […]
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Op-Ed: Millennials, Gen Xers and Boomers can avoid holiday debt
December 16, 2019
What do Millennials, Gen Xers and Baby Boomers have in common? Not much, except that they all rack up debt this time of year. With each generation having its unique financial issues, Consolidated Credit is offering specific advice. Consolidated Credit analyzed four years of debt management program data and found that Millennial enrollments are at an […]
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Puerto Rican brewery Cervecería Zurc launches 1st canned beer
December 16, 2019
Puerto Rican brewery Zurc launched its first canned beer named Sweet Caroline, a German-style brew that considers the taste of local consumers. Juan Carlos Rivera-Cruz opened the Zurc facilities two years ago in Coamo. Initially the production was originally focused on craft beers in draft. “I’m very excited to be able to present our Zurc […]
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Grupo Guayacán awards $200K to new group of entrepreneurs
December 13, 2019
Some 20 entrepreneurs were honored last night during Grupo Guayacán Inc.’s year-end event. The business training organization awarded more than $200,000 in seed capital prizes to foster the development of a group of 17 emerging companies. As part of the awards ceremony held at the Puerto Rico Museum of Art, the winners of the 14th […]
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P.R. Tourism Co. launches holiday campaign to boost hotel stays by $19.8M
December 13, 2019
Under the slogan “The party stays here this Christmas,” the Puerto Rico Tourism Co. launched its new advertising effort that seeks to boost local hotel room reservations during the holiday season. An increase of 9,000 hotel room reservations would represent an additional $19 million in revenue for hotels and another $1.8 million in room tax […]
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Science Trust, UPR Medical Sciences Campus mark ‘Tech Transfer Recognition Week’
December 13, 2019
As part of its mission to position Puerto Rico as an Innovation Hub, the Puerto Rico Science Technology and Research Trust Technology Transfer Office is celebrating — along with the University of Puerto Rico’s Medical Sciences Campus — the “Technology Transfer Recognition Week” to highlight the incredible potential of this tech transfer process as an […]
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Prices for this year’s ’12 Days of Christmas’ gifts ring up at $38K
December 13, 2019
The PNC Christmas Price Index predicts “true loves” will find all is calm when putting the gifts under the tree this holiday shopping season. To purchase the gifts included in the classic holiday song “The 12 Days of Christmas,” it will cost just 0.2% more than it did in 2018, according to the 36th annual […]
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Fundación Triple-S donates $25K to Banco de Alimentos to fight hunger
December 13, 2019
Fundación Triple-S announced a $25,000 donation to Banco de Alimentos de Puerto Rico, as well as volunteer work by Triple‑S employees to fight hunger on the island. “The lack of access to food is a reality for one in three Puerto Ricans, and this is one of the main social factors that affect people’s health,” […]
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The Liberty Foundation awards $422K to 18 nonprofits through 22nd golf tourney
December 13, 2019
The Liberty Foundation closed the 22nd edition of the Liberty Foundation Golf Invitational Tournament awarding $422,000 for 18 nonprofit organizations on the island. The 18 organizations that received donations this year were Boys & Girls Clubs of Puerto Rico, Casa Familiar Virgilio Dávila, Casa de Niños Manuel Fernández Juncos, Centro Espibi, Centros Sor Isolina Ferré, […]
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OFG gets regulatory approvals to pick up Scotiabank’s assets in P.R./USVI
December 12, 2019
OFG Bancorp announced it has received the OK from the Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation and the Puerto Rico Office of the Commissioner of Financial Institutions needed so that its banking subsidiary, Oriental Bank, may complete the acquisition of the local and U.S. Virgin Islands operations of Scotiabank. […]
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Lupe Reyes Mexican restaurant to open at El Distrito complex in Miramar
December 12, 2019
Mexican restaurant Lupe Reyes is becoming the newest gastronomic proposal to join the El Distrito, Abelardo Ruiz, general manager of the entertainment complex in the Miramar sector of San Juan, announced. The holiday season known as “Guadalupe-Reyes Marathon” is a period of Mexican tradition that begins Dec. 12, the day that commemorates the Virgin of […]
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Walmart Puerto Rico adds 100+ new local products, services
December 12, 2019
Walmart Puerto Rico continues to expand the variety and quantity of local products and services offered to the public in its stores across the island as a result of the Puerto Rico Open Call, it announced. This program, which was carried out for the second year in a row, is part of a platform that […]
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Op-Ed: Prepare for your retirement
December 12, 2019
If you haven’t thought about your retirement years, now is the time to start. The sooner you start saving for retirement, the more you will achieve because it potentially increases the amount of money you will contribute for a longer time. It is estimated that you will need approximately 70% of your current income to […]
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FirstBank donates commercial office to One Stop career center
December 12, 2019
FirstBank’s Community Reinvestment Unit recently donated a 1,268-square foot commercial office to nonprofit organization One Stop Career Center of Puerto Rico Inc. The space, which consists of a waiting room, a storage area, and five offices, is located in Río Piedras. One Stop Career Center services sensitive populations such as former inmates who are in […]
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