X-Square Capital launches 1st mutual fund in P.R. registered with SEC
November 14, 2019
X-Square Capital announced the launch of its latest investment instrument, X-Square Balanced Fund, the first mutual fund in Puerto Rico registered with the Securities and Exchange Commission. The main objective of the X-Square Balanced Fund is to provide investors from Puerto Rico a long-term balanced investment alternative that seeks conservation of capital, current income and […]
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U.S. Census Bureau urges need for P.R. residents ‘to be accurately counted’
November 14, 2019
In preparation for the 2020 Census, the U.S. Census Bureau met key media outlets in Puerto Rico to emphasize the need for all people in Puerto Rico to be accurately counted and to discuss the Bureau’s public outreach efforts on the island. The officials spoke at the Puerto Rico Science, Technology and Research Trust, alongside […]
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Puerto Rico Live to host discussions by global influential leaders
November 14, 2019
Puerto Rico will soon host some of the most influential names in policy making, media, business, arts and technology as part of an effort to enhance the connection between Puerto Rico and the world. Puerto Rico Live is a new platform that will present these important moderated, on-stage discussions aimed to inform and entertain our […]
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Op-Ed: Understanding in-bond shipments to Puerto Rico
November 14, 2019
You started a small business selling auto parts based on your contacts and years in that industry. You were able to buy a container of automobile brakes from a manufacturer in that you know in Vietnam. As part of your due diligence, you found an international shipping company that can bring the container up to […]
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Silver Airways, Delta Air Lines announce codeshare partnership
November 14, 2019
Silver Airways and Delta Air Lines have expanded their commercial relationship by introducing a codeshare partnership, providing customers of both airlines connections between the carriers’ networks and enabling passengers to fly segments operated by both airlines under a single ticket. The codeshare offers customers of both airlines the ease and convenience of booking a single […]
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20 nonprofits split $225K donation from foundations
November 14, 2019
The “Mano Amiga” program run by the Plaza Las Américas Foundation and the Plaza Del Caribe Foundation recently held the 7th grant cycle, disbursing some $225,000 among 20 nonprofits that will directly benefit some 6,000 people. The Plaza Las Américas Foundation granted donations to 15 organizations, to which it contributed more than $171,000 and which […]
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Firehouse Subs delivers $64K in equipment to P.R. Fire Department
November 14, 2019
As part of its social commitment to safety and Puerto Rico firefighters, Firehouse Subs Puerto Rico delivered $64,000 worth of equipment to fire stations in Canóvanas and Fajardo, the company announced. The equipment donation was possible through the Firehouse Subs Public Safety Foundation. Both stations received safety suits, tanks, boots, helmets, flashlights, hoses, axes and […]
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P.R.’s Acts 20, 22 add 36K jobs, inject $1.2B from ’12 to ’19
November 13, 2019
Puerto Rico’s Act 20 and Act 22 have generated 36,222 jobs and $1.2 billion in investments on the island from 2012 to 2019, a study revealed by the Department of Economic Development and Commerce confirmed. According to the study on the performance of the government’s incentives programs, commissioned to the Estudios Técnicos research firm, the […]
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P.R. gets failing grades for key infrastructure conditions
November 13, 2019
The 2019 Report Card for Puerto Rico’s Infrastructure released for the first time by the Puerto Rico Chapter of the American Society of Civil Engineers, giving eight categories of infrastructure an overall grade of a D-. Energy received the lowest grade of “F,” meaning the system’s infrastructure is in unacceptable condition and has widespread advanced […]
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Industry study shows P.R. home prices spike in 5 large towns
November 13, 2019
The price of homes in the towns of Dorado, Humacao, Ponce, Aguadilla, and Isabela are going up and, in some cases, are even surpassing pre-Hurricane María levels, according to a study by Point2 Homes, a firm that covers real estate market trends and news. Although Puerto Rico’s economy is still in the mire, the island’s […]
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DMO Discover Puerto Rico delivers contracts, information to lawmaker
November 13, 2019
Destination Marketing Organization Discover Puerto Rico obeyed a court decision ordering it to deliver all previous and active contracts to fulfill its role of leading all off-island promotion of leisure travel, meetings, conventions, and events to Rep. Angel Matos. The lawmaker filed a lawsuit against the entity at the San Juan Superior Court demanding information […]
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Paseo Caribe courting locals, tourists with renewed entertainment/dining proposal
November 13, 2019
Ten days after Hurricane María slammed into Puerto Rico in September 2017, Paseo Caribe resumed operation of its oceanfront mixed-use complex. And despite challenges such as the exit of tenants from El Mercado food court and its retail areas, operator CPG Island Servicing continues to bet on the local market and is working again to […]
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Puerto Rico Emprende heads commercial mission to Mexico
November 13, 2019
Looking to explore the market and find new business opportunities, Puerto Rico Emprende is leading a delegation of local companies to participate in the multisectoral trade mission to Mexico, Nov. 12-15, and with the support of the U.S. Commercial Services. “The main purpose of this commercial mission is to support export efforts by our local […]
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Women’s Foundation launches P.R. chapter
November 13, 2019
The Puerto Rico Women’s Foundation has been constituted on the island, with support from the Puerto Rico Community Foundation and the New York Women’s Foundation as an alliance by women on the island and the diaspora in the northeastern state, it was announced. The local Women’s Foundation was established in March and will be officially […]
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Recycling centers in Carolina, Guaynabo to mark ‘America Recycles Day’
November 13, 2019
As part of “America Recycles Day” events that are celebrated mid-November every year, the towns of Guaynabo and Carolina, in collaboration with the Environmental Protection Agency, ConWaste and the Puerto Rico Recycling Partnership, are joining forces to host Open Houses at the towns’ recycling centers. During the Open Houses, students and visitors will see firsthand […]
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