Perspectives and predictions for this year’s holiday shopping season
September 4, 2018
Executives Jorge Agüelles-Morán, president of the United Retailers Association, and Iván Báez, president of the Puerto Rico Retail Sales Association, offer their predictions for this year's holiday shopping season on the island.
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P.R. gov’t fetches $11.6M for former ‘Sears property’ in Hato Rey; 13 other assets on the block
September 3, 2018
The government of Puerto Rico has sold a commercial lot, known as the “former Sears property” in Hato Rey — held in the defunct Government Development Bank’s portfolio — for $11.6 million.
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Discovery Bay Resort & Marina beachfront property in Aguadilla still for sale
September 3, 2018
The price for a 200-acre beachfront property in Aguadilla that had been reserved for the Discovery Bay Resort & Marina development has dropped to $3 million, from the $9 million sought three years ago through an auction.
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Tzu Chi USA to join FEMA to provide disaster relief to P.R. hurricane survivors
September 3, 2018
As the one-year anniversary of Hurricane María approaches, the Buddhist Tzu Chi Foundation will join the San Juan FEMA Disaster Recovery Center on Sept.13-15th to provide disaster relief aid to Puerto Rican communities, representatives said.
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P.R. Senate runs marathon hearing to gather input for PREPA transformation
August 31, 2018
Breaking from following the usual pattern of filing a bill, then holding public hearings, Committee Chairman Larry Seilhamer and Sen. Eduardo Bhatia heard expert recommendations to then submit the draft regulatory framework.
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P.R. Soccer League to invest $200M in 10 years to build sports venues
August 31, 2018
Each stadium will also have training grounds for the soccer club academy development activities.
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Parallel18’s 2nd-year results show latest participants generated $24.5M in sales
August 31, 2018
A third of those transactions were related to their operations in Puerto Rico, according to the results of the international acceleration program.
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P.R. Demographic Registry complies with order to publish mortality data
August 31, 2018
The information will be updated weekly on the open data platform managed by PRIS.
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IEEFA: P.R. regulators must move renewable energy roadblocks for market redesign to succeed
August 31, 2018
Puerto Rico has a historic opportunity to rebuild its electrical system and phase out its obsolete oil-fired generation in favor of a much more decentralized and reliable system based on renewable energy.
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Rums of P.R., Film Industry Development Program partner to boost economy
August 31, 2018
Rums of Puerto Rico and the Film Industry Development Program have teamed up to boost promotional efforts to increase the contribution of both initiatives to the island’s economic development.
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Liberty P.R. launches ‘Liberty Go’ live video streaming application
August 30, 2018
Liberty Puerto Rico announced the launch of its “Liberty Go” application, available exclusively for the company’s TV customers.
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HiveCube builds new tough, durable and affordable housing option
August 30, 2018
Each of the modular homes start at $39,000 for the basic unit. The price can go up if the owner opts for additional packages, such as a solar power system.
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Broadband provider Neptuno deploys next-generation wireless tech
August 30, 2018
Neptuno has deployed multipoint solutions in its network to deliver high-speed broadband to enterprises and residential users.
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U.S. Department of Commerce awards $5.6M to Foundation for P.R.
August 30, 2018
The U.S. Department of Commerce is awarding a $5.58 million grant to the Foundation for Puerto Rico to support recovery efforts for towns and cities which were devastated by Hurricanes Irma and María.
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S&P pulls P.R. Aqueduct and Sewer Authority’s bond ratings
August 30, 2018
S&P Global Ratings is withdrawing its 'CC' long-term and underlying ratings, and negative outlook, on Puerto Rico Aqueduct and Sewer Authority’s series 2008A, 2008B, 2012A and 2012B revenue bonds due to a lack of sufficient information.
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