Putnam Bridge Funding donates $950K to nonprofits
September 30, 2014
Putnam Bridge Funding recently donated $950,000 to Foundation for Puerto Rico to pave the way for the construction of a collaborative space in Santurce, to accommodate several nonprofit organizations whose mission is to boost socioeconomic development.
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Puerto Rico economic activity index -1.1% YOY in Aug.
September 29, 2014
Puerto Rico’s economic activity index reflected yet another drop in August, when results were down 1.1 percent when compared to the same month last year, according to data released late Friday by the Government Development Bank.
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Inter American inaugurates air traffic control program
September 29, 2014
The School of Aeronautics at the Inter American University of Puerto Rico and Airways New Zealand recently inaugurated the first training center for international air traffic control, the first of its kind on the island and the Latin American region.
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Young professionals gather to meet, network
September 29, 2014
The Association of Latino Professionals for America recently held a networking event during which recruiters had the opportunity to meet and guide young college students that will soon join the work force.
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Oriental banks on communities to spur economic growth
September 26, 2014
As part of its 50th anniversary celebration, Oriental Bank unveiled Thursday its new corporate social responsibility platform dubbed “Social Innovation,” which pursues empowering communities to embark on entrepreneurship and economic growth.
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Corona heads Brandz Top 50 most valuable LatAm brands
September 26, 2014
For the second consecutive year, Mexican beer brand Corona has been named the most valuable brand in Latin America, according to the BrandZ Top 50 Most Valuable Latin American Brands 2014 ranking.
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Universidad del Este, SBA partner for entrepreneurship
September 26, 2014
The Universidad del Este and the U.S. Small Business administration have partnered to work together on a plan to “create, preserve, and expand” small businesses in Puerto Rico.
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Arecibo incinerator: Closer to reality, but will it have garbage to burn?
September 25, 2014
Eight years into a drive to build a $650 million waste-to-energy plant in Arecibo, the first of its kind in Puerto Rico, Energy Answers is moving closer to its goal. But roadblocks remain, including one serious enough to challenge the project's financial viability.
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U.S. Treasury awards $4.9M to Puerto Rico’s EDB
September 25, 2014
The U.S. Treasury Department announced Wednesday the transfer of more than $4.9 million in State Small Business Credit Initiative (SSBCI) funds to Puerto Rico to help local businesses access the capital they need to grow and hire.
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Gov’t unveils ‘Code for America’ app for Puerto Rico
September 25, 2014
A group of high-ranking officials participated Wednesday in the annual Code for America summit in San Francisco, where they unveiled an application known as “PrimerPaso” developed for Puerto Rico, to address government-specific problems.
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EVERTEC Inc. approves $75M stock repurchase program
September 25, 2014
EVERTEC Inc. announced Wednesday that it’s Board of Directors has approved a stock repurchase program that authorizes repurchases of up to $75 million of its common stock over the next 12 months.
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Gov’t: New construction boosting Puerto Rico’s economy
September 24, 2014
Several large-scale construction projects are expected to inject more than $1 million into the island’s economy, along with thousands of jobs, government officials said Tuesday.
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Puerto Rico wants to be ‘medical tourism powerhouse’
September 24, 2014
The Government of Puerto Rico took an important step Tuesday in its efforts to become a medical tourism powerhouse in the Caribbean and Latin America when the Department of Economic Development and Commerce signed an agreement with the Medical Tourism Association to have the MTA provide educational training aimed at obtaining certifications for service providers in Puerto Rico.
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HealthSouth San Juan hospital marks 15th year in P.R.
September 24, 2014
HealthSouth San Juan, the island’s first physical rehabilitation facility to establish itself in Puerto Rico, is marking 15 years of offering services to local residents as well as patients from the U.S. Virgin Islands.
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Hotel industry unites against human trafficking
September 24, 2014
Meet Puerto Rico has partnered with the Ricky Martin Foundation to educate the local tourism industry on the impact of human trafficking and its direct effect on the image of the destination, where the nonprofits claim it “is a reality and has serious implications.”
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