Products Association, gov’t. giving local goods a boost
September 14, 2012
The Puerto Rico Products Association and the Department of Economic Development and Commerce have partnered to promote and strengthen the consumption of locally produced goods and services, as a strategy for economic development and growth.
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CPAs present proposals to gubernatorial candidates
April 27, 2012
The Puerto Rico Society of Certified Public Accountants presented Thursday a sweeping list of recommendations for the candidates running for governor in November, to solve problems in five specific areas: electricity costs; the ailing retirement system; the municipal tax system; economic development; and the health system.
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15 industrial development projects worth $248.3M in pipeline
April 19, 2012
Fifteen companies made the commitment last month to invest $248.3 million in machinery and equipment, and create 1,369 jobs in the next 18 to 36 months, Economic Development and Commerce Secretary José Pérez-Riera said Wednesday.
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Expo Partner program looks to breed local exporters
January 12, 2012
Puerto Rico Trade and Export’s Expo Partners service is offering local companies an opportunity to work with international trade experts to develop and implement a plan to expand the scope of their products or services beyond the island’s shores.
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Sluggish Internet adoption rates stunting P.R.’s economic growth
November 10, 2011
Rico’s low broadband penetration and Internet usage levels are holding the island back from achieving true economic growth, industry experts agreed Wednesday, saying that with just 40-out-of-100 people using the Internet, progress is — and will likely remain — stunted.
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P.R. free-trade zones rank 15th in the nation
October 18, 2011
In its most recent report on the impact of free trade zones across the U.S., the National Association of Foreign Trade Zones has classified Puerto Rico’s three facilities among the top 15 in the nation.
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Thousands of tourism industry execs meet in P.R.
October 6, 2011
More than 1,000 delegates from the tourism sector — including executives from the 14 Caribbean cruise lines, travel agents, tour operators and suppliers industry — are currently in Puerto Rico to attend the 18th Annual Florida-Caribbean Cruise Association Convention and Tradeshow, being held at the Convention Center in Miramar.
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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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Economic Development Summit slated for next week
September 20, 2011
Members of the government’s economic team, headed by Economic Development and Commerce Secretary José Pérez-Riera, will host the third edition of the Economic Development Summit, Sept. 27 at the Sheraton Convention Center.
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Venezuela’s GoldPack Inc. sets up shop in Yabucoa
April 5, 2011
Venezuelan machine parts manufacturer Industrias GoldPack Inc. has set up shop in Puerto Rico through a $1.2 million investment to establish an operation in a leased building in the eastern town of Yabucoa, company and government officials announced Tuesday.
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Public sector has everything to win from modernizing, embracing technology
February 14, 2011
The issue of transparency regarding public sector procedures has become especially relevant during these tough economic times. To achieve it, governments have turned to technology to expose their agendas -- often going online to offer reports and information to show constituents how taxpayer money is being spent.
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