August new car sales dip 10% year-over-year, trade group confirms
September 17, 2019
New car sales in Puerto Rico took a 10% dip in August when compared to the same month in 2018, the United Group of Automobile Importers confirmed. The organization known as GUIA for its initials in Spanish, which represents the automotive industry in Puerto Rico, confirmed that August ended with a total of 8,236 units […]
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Pharma-Bio Serv reports $5M in revenue for quarter ended July 31
September 17, 2019
Pharma-Bio Serv Inc., a compliance, project management and technology transfer support consulting firm based in Dorado announced revenue from continuing operations for the three and nine months ended July 31, 2019 of $5 million and $14.7 million, respectively. The results represent an increase of approximately $300,000 and $2.6 million, or 7% and 21%, respectively, when […]
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Liberty LatAm picks TiVo to launch next-generation TV services in P.R.
September 16, 2019
Liberty Latin America has selected TiVo’s Next-Gen Platform to deliver “cutting-edge innovations” to its video customers in Puerto Rico, the companies announced. Over time, Liberty Latin America also plans to launch TiVo’s Next-Gen Platform in other markets across Latin America, TiVo executives confirmed. TiVo’s Next-Gen Platform enables Liberty Latin America to seamlessly transition to IPTV […]
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Cape Air to relaunch San Juan to Nevis service in November
September 16, 2019
Cape Air will be reinstating daily year-round service between San Juan and Nevis, in the West Indies beginning Nov. 22, 2019, the air carrier announced. Two daily flights will operate between San Juan’s Luis Muñoz Marin International Airport and Vance W. Amory International Airport in Nevis. “Cape Air has been invested in the Caribbean region […]
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Agriculture Dept., private sector plant some 4,500 coffee trees
September 16, 2019
The Agriculture Department, together with Starbucks and the Fonalledas Foundation planted some 4,500 coffee trees, of the Marseillaise seed, Agriculture Secretary Carlos Flores said. Nearly 100 volunteers, including veterans of The Mission Continues organization, and employees of the University of Puerto Rico’s Agricultural Station, worked the lands of the Torres Berdiel, Hernán Núñez and Gamalier […]
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12 local 330 health centers split $7.8M from U.S. Dept. of Health
September 13, 2019
The U.S. Department of Health and Human Services awarded $7.8 million for 12 new 330 health clinics in Puerto Rico as part of a global allocation of $50 million for 77 clinics in the United States, Northern Mariana Islands and Puerto Rico. “The novelty of this announcement is that two nonprofit organizations will receive $650,000 […]
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Science Trust bestows $3.1M in grants to 26 science, tech projects
September 13, 2019
The Puerto Rico Science, Technology and Research Trust Grant Program awarded $3.1 million to 26 science and technology research projects, including the “Advanced Research Grant” that promotes cutting-edge research in various areas of science and technology with $150,000 to each winner. The Catalyzer Research Grant was also awarded, which conferred $70,000 to each recipient and […]
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Dept. of Economic Development to promote P.R. as mega-yacht destination
September 13, 2019
Looking to diversify Puerto Rico’s economy, the Department of Economic Development and Commerce will promote and market the island as a mega-yacht destination, which has the potential to generate $61 million in revenue. “Our mission is to implement and supervise the execution of Puerto Rico’s public policy on economic development in the various business sectors. […]
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AT&T contributes $50K to Andanza to support ‘Danza con Andanza’ program
September 13, 2019
As part of its focus on culture and education, AT&T contributed $50,000 to Andanza, a Puerto Rican contemporary dance company and dance school. The contribution will support the nonprofit’s “Danza con Andanza” educational program. Since 2002, “Danza con Andanza” has helped hundreds of students in need improve their personal development and academic progress through a […]
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Bayer Crop Science, Municipality of Juana Díaz partner to refurbish Head Start centers
September 13, 2019
Fourteen Head Start centers in Juana Díaz had their facilities renovated prior to the start of the 2019 school year due to the completion of the first phase of a collaboration agreement between the Bayer Crop Science Company and the Municipality of Juana Díaz. This project, developed by Eric Torres-Collazo, Bayer Crop Science site enablement […]
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Gov’t to tackle expected $1.8b revenue loss from end of Law 154 tax credit
September 12, 2019
The government of Puerto Rico will establish work groups comprising local and federal officials, as well as private-sector executives, to brainstorm on potential alternatives to offset the loss of federal credits granted for taxes paid by manufacturing companies under the Commonwealth’s Law 154. The tax credits, which will be phased out by the U.S. Department […]
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Cayo Blanco added to Vieques/Culebra ferry service, another vessel en route
September 12, 2019
The Puerto Rico Maritime Transportation Authority announced the addition of the Cayo Blanco ferry, which has a capacity for 600 passengers, to the Puerto Rico/Vieques route. Another ferry, the Coastal Explorer — owned by Puerto Rico Fast Ferries — will substitute the Schoodic Explorer as part of the new $10 million, one-year contract recently signed […]
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Plaza Guayama reinvents itself, becomes Céntrico
September 12, 2019
Following a multimillion-dollar investment, and as part of the celebration of its 25th anniversary, Plaza Guayama has reinvented itself with a new brand — Céntrico. The change responds to a corporate vision aimed at continuing to evolve according to global industry trends. This native Puerto Rican commercial property presents a new and wider community concept, […]
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AeroNet join forces with Fortinet Partners program
September 12, 2019
High-speed business internet service provider AeroNet has joined the Fortinet Partners program to gives businesses a combination of the best-in-class internet connectivity solutions with network security products to help them accelerate secure and hyper-fast connections to the web. Fortinet is a global provider of broad, integrated and automated cybersecurity solutions that offer top-rated network and […]
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Discover Puerto Rico to boost tourism through series of islandwide events
September 11, 2019
Looking to continue promoting the development of the tourism industry on the island, Destination Marketing Organization Discover Puerto Rico, announced it will be hosting a series of activities throughout the island during September. On Sept. 16-17, the entity will hold the “Annual Conference on Tourism,” where information, trends, and educational workshops will be presented to […]
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