Spanish investors on mission to Puerto Rico this week
May 11, 2015
The Spanish Institute for Foreign Trade, in collaboration with the Department of Economic Development and Commerce, have organized the first mission of Spanish investors to visit this island this week, the Puerto Rico government agency announced.
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Guayacán hosts high-ranking SBA officer for workshop
May 4, 2015
Samuel J. Boyd, Jr. chief investment officer and director of program development of the office of investment and innovation at the Small Business Administration, visited Puerto Rico this past weekend to take part in a series of events hosted by Grupo Guayacán Inc. as part its ongoing efforts to promote a vibrant risk capital ecosystem on the island.
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Planning Board OKs $3B in location consultations in ’14
February 23, 2015
The Puerto Rico Planning Board informed that at the end of 2014 it had approved 52 location consultations, representing a future investment of $3 billion and the potential to create 25,000 jobs.
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Puerto Rico Investment Summit slated for Feb. 26-27
January 7, 2015
The 2015 Puerto Rico Investment Summit has been scheduled for Feb. 26-27, less than a year after the first event in the series was held in April 2014, in collaboration with the Department of Economic Development and Commerce.
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Salud Social secures funding from Ausubo Ventures
November 24, 2014
Salud Social, a technology startup founded in San Juan this year specializing in online medical care scheduling service, recently announced that it has received its initial round of funding from Ausubo Ventures, a Puerto Rico-based Angel Investment Group, to launch its first international marketing campaign in December 2014.
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Op-Ed: Game changers in Puerto Rico
November 17, 2014
According to the Merriam Webster Dictionary, a game changer is a newly introduced element or factor that changes an existing situation or activity in a significant way.
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COSSEC adopts tech strategies, investment tools
August 29, 2014
The Corporation for the Supervision and Insurance of Puerto Rico Cooperatives, known as COSSEC in Spanish, has adopted a new policy of modernization, innovation and technology to facilitate information between co-ops and the government, President Daniel Rodríguez-Collazo said Thursday.
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LongHorn Steakhouse 2 restaurants, 2 more planned
May 23, 2014
Restaurants Operators Inc., franchisees of the LongHorn Steakhouse restaurant chain in Puerto Rico, announced Thursday the opening of two new eateries in Guaynabo and Manatí, and plans to open two more in the next five years.
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DirecTV Puerto Rico moves into $5M HQs in Hato Rey
May 20, 2014
A day after announcing its participation in a $48.5 billion merger with AT&T, DirecTV unveiled Monday its new $5 million Puerto Rico headquarters, located at the heart of the Golden Mile in Hato Rey.
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Experts agree, early childhood is a good investment
May 9, 2014
Investing in early childhood is a good business deal. That was the conclusion of a panel of economic experts gathered for the Childhood Investment Meeting that took place during the 10th edition of the Global Forum on Early Care and Education that wraps up at the Sheraton Convention Center Hotel today.
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Puerto Rico in hot pursuit of stateside investors
April 25, 2014
Puerto Rico is in hot pursuit of the wealthiest stateside investors, with the public and private sectors banding together to showcase the benefits — both legal and natural — that the island has to offer.
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Sheraton Old San Juan completes $4M in renovations
April 24, 2014
The Sheraton Old San Juan Hotel & Casino has completed an extensive, $4 million renovation of its facilities, including upgrades to guest room, corridors, and key public areas, the Palio Restaurant, as well as building exteriors and new technology, sales and marketing director Armando Emanuelli said Wednesday.
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Grenada promotes ‘sustainability’ amid climate change
April 14, 2014
WASHINGTON — The leader of one of the Western Hemisphere’s tiniest nations came to the capital of its most powerful on Friday — sounding the alarm on climate change and urging U.S. investment in the Caribbean’s emerging “green economy.”
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T-Mobile to invest $20M in 4G LTE network in ’14
March 28, 2014
A month after launching its “contract-free” business model, T-Mobile announced a new $20 million investment to upgrade its Puerto Rico 4G LTE infrastructure and add 100 new jobs to its payroll, a high-ranking parent company executive said Thursday.
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Paulson’s interest in Condado duo ‘surprised’ hotel execs
February 27, 2014
News that hedge-fund magnate John Paulson is in talks to buy the Condado duo took the International Hospitality Enterprises, the hotels' developer and operator, completely by surprise but "It's an offer to (IHE's) best advantage," said a source.
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