Bella Group opens new $5M Flagship Ford dealership in Carolina
December 11, 2019
Puerto Rican vehicle distribution and sales company, Bella Group, recently inaugurated the new Flagship Ford dealership in Carolina, a project that entailed a $5 million investment and more than a year to complete. The 33,939 square-foot facilities includes sale, parts and service areas that sit on a six-acre plot near the Escorial neighborhood. The concessionaire […]
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P.R. Tourism Co. revives arts fair after 11-year hiatus
December 11, 2019
The Puerto Rico Tourism Co. will host the 23rd edition of its arts fair, to be held Dec. 14-15 at the Paseo de la Princesa in Old San Juan. Agency Executive Director Carla Campos said the fair, which has not been held since 2008, will draw more than 200 artisans who will exhibit and have […]
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P.R. among jurisdictions making advances in workplace wellness
December 10, 2019
Aon’s “2020 Global Medical Trend Rates” report identified Latin America and the Caribbean as the most advanced region in terms of well-being in the corporate environment. Due to the large increases in medical costs in the last 10 years, employers, health care operators and consulting companies such as Aon have realized the importance in adopting disease prevention plans, the […]
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Climate change ranks highest as ‘vital issue of our time,’ Amnesty Int’l says
December 10, 2019
Climate change is one of the most important issues facing the world, according to a major new survey of young people published by Amnesty International today to mark Human Rights Day. With the findings published as governments meet in Spain for the UN Climate Change Conference, the organization warns that world leaders’ failure to address […]
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Op-Ed: Was the Puerto Rico Planning Board right?
December 10, 2019
For about 30 years, observers have questioned the reliability of the macroeconomic statistics that the government of Puerto Rico prepares through its Planning Board. The technical questions about the quality of these statistics have been numerous, diverse, and persistent. On occasion, these questions have played a leading role in creating the conditions for Puerto Rico’s fiscal, […]
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Corporate Ladder: Execs named in healthcare, federal gov’t, tech
December 10, 2019
This edition of Climbing the Corporate Ladder includes appointments in the private and public sector, in the areas of healthcare, agriculture and technology. Mennonite Health System announces appointment of Executive DirectorThe Board of Directors of the Mennonite Health System announced the appointment of Ricardo Hernández as the institution’s new executive director. Hernández has more than […]
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CooPACA invests $175K to upgrade Cataño branch
December 10, 2019
The Arecibo Credit Union (CooPACA, for its initials in Spanish) has invested more than $175,000 to build new drive-thru facilities at its Cataño branch, which will allow it to serve a greater number of customers, it announced. As a result of the investment, the access to the branch will be altered since vehicular traffic on […]
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Analysis: Mistaken assumptions on recovery funds could stump P.R.’s future growth
December 9, 2019
The Financial Oversight and Management Board for Puerto Rico’s admission that there will be significantly less federal recovery money flowing into the island could stump the island’s future growth and debt restructuring talks, an analysis by the H. Calero Consulting firm stated. Recently, the Oversight Board confirmed that the island would get about $30 billion […]
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Economic Development to allocate $263K for student research in Ponce
December 9, 2019
In a bid to support high school and university students to continue their work in scientific research, the Department of Economic Development and Commerce’s Youth Development Program will disburse $263,000 for a project being developed at the Ponce Institute of Sciences, agency Secretary Manuel A. Laboy announced. “Science and technology are subjects that are in […]
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13 co.’s take part in 2nd edition of PRiMEX Export Academy
December 9, 2019
The Puerto Rico Manufacturing Extension Inc. (PRiMEX), launched the second edition of its Export Academy, in which 13 companies will learn the basic elements to establish an export plan in the short, medium and long term. The academy includes six educational modules and group consulting sessions with a total investment of 70 hours. The academy […]
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Op-Ed: Truthful declarations can help avoid delays during busy holiday travel season
December 9, 2019
As the cold temperatures drop in the northern hemisphere, the holidays represent the start of the high season in the Caribbean; as one of the most favored destinations for travelers whether flying or just enjoying a pleasant cruise. U.S. Customs and Border Protection operations in Puerto Rico and the U.S. Virgin Islands highlight its available […]
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Echar Pa’lante recognizes island’s ‘pillars of entrepreneurship’
December 9, 2019
For the sixth consecutive year, the Echar Pa’lante Multisectoral Alliance recognized individuals and organizations whose trajectory has helped to develop entrepreneurship on the island. The activity called “Pillars of Entrepreneurship 2019” took place as part of the quarterly meeting of Echar Pa’lante’s Advisory during which the achievements of 2019 and the plans for 2020 were […]
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Empresas Caparra unveils $12M redevelopment of former Kmart space
December 6, 2019
The operators of the San Patricio Plaza mall in Guaynabo, Empresas Caparra, unveiled plans for a $12 million redevelopment project of the space formerly occupied by Kmart, which will become The Square @ San Patricio Plaza. The project that will begin in January 2020, will convert 87,000 square feet into an area combining retail, dining […]
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El Mesón Sándwiches invests $1.5M to open P.R.’s 40th location in Caguas
December 6, 2019
El Mesón Sandwiches opened its 40th location in Caguas, which at a cost of $1.5 million, is described as the “largest and most innovative restaurant” in the chain in Puerto Rico and the U.S. mainland. The location at Plaza Centro de Caguas and second establishment in this municipality, presents a new concept with high efficiency […]
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Op-Ed: USDA celebrates World Soil Day in the Caribbean area
December 6, 2019
Every Dec. 5, the U.S. Department of Agriculture joins partners around the globe to celebrate World Soil Day, an annual event to bring attention to the importance of healthy soil and to advocate for sustainable management of soil resources. USDA’s Natural Resources Conservation Service (NRCS) in the Caribbean Area is joining other organizations around the […]
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