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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Acrecent Financial announces equity raise, expansion
February 25, 2014
Acrecent Financial Corporation recently announced the completion of a capital raising transaction to expand its footprint in Central America, Dominican Republic, Colombia and Mexico.
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$292.6M in infrastructure projects in pipeline for ’14
January 29, 2014
The Infrastructure Financing Authority will begin construction this year of about 20 projects, representing an investment of $292.6 million and the creation of 3,504 jobs in Puerto Rico, agency Executive Director Grace Santana said Tuesday.
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Red Mango yogurt chain to open 5 stores in Puerto Rico
December 9, 2013
Red Mango, one of the fastest-growing retailers of all-natural nonfat and low fat frozen yogurt and fresh fruit smoothies, is expanding to Puerto Rico with plans to open five stores in the next six months, through a $1.5 million investment that will create 75 jobs, company officials announced Monday.
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Lilly to invest $200M in Puerto Rico insulin production
November 15, 2013
In response to the growing diabetes epidemic and increasing demand for insulin around the world, pharmaceutical company Eli Lilly and Co. announced Thursday it will invest more than $700 million to enhance its insulin manufacturing capacity in Puerto Rico, France and China, as well as in its Indianapolis global headquarters.
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Restaurants open in Santurce, Isla Verde
November 14, 2013
Metropolitan area foodies have two new options in fine dining with the recent openings of a pair of restaurants featuring very different menus. While newcomer Bodega Las Tablas in Santurce offers authentic Spanish fare, Salt Gastrobar in Isla Verde serves up modernist cuisine, combined with innovative luxury cocktails.
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Comar Inc. sells majority stake to investment firm
November 4, 2013
Private investment firm Graham Partners has acquired a majority stake in Comar Inc., a manufacturer of packaging solutions and liquid dispensing products for the pharmaceutical, diagnostic, health, and personal care markets with plants in New Jersey and Cayey, where it employs 50.
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Puerto Rico start-ups draw investor interest in NYC
October 17, 2013
Startups of Puerto Rico held its first Puerto Rican start-ups presentation to investors in New York City Wednesday, which group officials said expressed an interest in the projects that were unveiled.
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Metropistas on track with $30M highway improvements
September 26, 2013
Two years after taking over the management responsibilities of Puerto Rico’s highways PR-22 and PR-5 from the government, private operator metropistas has already invested $30 million in improvements, company officials said Wednesday.
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AT&T invests $40M in Puerto Rico in 1st half of ’13
August 9, 2013
During the first half of 2013, AT&T has invested more than $40 million in its wireless and wired networks in Puerto Rico, to complete the deployment of new macro cell sites and capacity enhancements across the island as part of its Project Velocity IP initiative — a three-year investment plan announced last fall to expand and enhance its IP broadband networks.
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