Medical cannabis experts: PR industry in growth spurt
August 21, 2017
Puerto Rico’s medical cannabis industry is experiencing a growth spurt in patients, clinics and certified doctors and industry professionals, private sector and government officials confirmed.
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Velázquez secures bill to assist PR Education Dept.
August 21, 2017
Through the annual appropriations process, Rep. Nydia M. Velázquez (D-NY) has secured language directing the Department of Education, to work closely with Puerto Rico to identify and address technical assistance needs, her office announced.
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AAFAF issues updated RFQs related to GDB restructuring
August 21, 2017
The Fiscal Agency and Financial Advisory Authority, or AAFAF, updated two requests for qualification (RFQ) for roles related to the Government Development Bank’s restructuring support agreement, which were originally posted on its website Aug. 11.
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30 ‘Pa Mi Gente’ program rolling kiosks up for auction
August 18, 2017
Auction house Centro Casas will be putting up for bid 30 rolling kiosks that were part of the “Pa’ Mi Gente” program launched by former Gov. Luis Fortuño’s administration in 2010, this media outlet confirmed.
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Blown-up statistics to market COFINA bonds eliminated
August 18, 2017
The Puerto Rico Institute of Statistics offered details of the new methodology used by the Puerto Rico Trade & Export Company to estimate the value of the island's retail sales starting in October 2016.
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Foundation for PR to host ‘Destination Hack’ conference
August 18, 2017
The Foundation for Puerto Rico announced Thursday it will host “Destination Hack” from Sept. 29 to Oct. 1 focused on promoting innovation on the island as a tourist destination and accelerate the growth of the visitor economy.
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Aireko Construction ‘disappointed’ over $1.5M fine
August 18, 2017
San Juan-based Aireko Construction — which will have to pay a $1.5 million fine after failing to comply with the asbestos National Emission Standards for Hazardous Air Pollutants — expressed “disappointment” in the U.S. District Court for Puerto Rico’s decision, saying it is “excessive.”
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Wovenware in Inc. 5000 annual ranking for 3rd year
August 18, 2017
San Juan-based Wovenware, a provider of smart software solutions, announced that for a third year it has been named to the Inc. 5000, the annual list of America’s fastest-growing private companies, published by Inc. Magazine.
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Pelican BioThermal opens PR service center on Aug. 24
August 18, 2017
Pelican BioThermal, a company offering a range of thermally protected, temperature controlled packaging and service solutions to the life sciences industry, announced the upcoming opening of its first service center in Puerto Rico on Aug. 24.
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ieat Rewards loyalty program adds mobile app
August 18, 2017
International Restaurant Services Inc., franchiser of Chili's, On The Border, PF Chang's and Romano's Macaroni Grill restaurants in Puerto Rico, has added a mobile application to its ieat loyalty rewards program launched earlier this year.
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Aireko fined $1.5M for Clean Air Act violations in PR
August 17, 2017
AIREKO Construction Co. will have to pay a $1.5 million fine after failing to comply with the asbestos National Emission Standards for Hazardous Air Pollutants during the illegal removal of asbestos containing materials from the Minillas North Tower in May 2012, the U.S. Justice Department announced.
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U.S. gov’t to decide by Oct. 6 if it will defend PROMESA
August 17, 2017
The United States government will notify the Financial Oversight and Management Board by Oct. 6 if it will defend the constitutionality of PROMESA.
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OBoard issues RFP for independent investigation team
August 17, 2017
The Financial Oversight and Management Board for Puerto Rico issued a request for proposals (“RFP”) from parties interested to be retained as an independent investigation team to probe Puerto Rico’s debt and its connection to the current fiscal crisis.
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PR new auto sales up 2.6% YOY in July; 6,947 units sold
August 17, 2017
The United Group of Automobile Importers, known as GUIA for its initials in Spanish, announced there were 6,947 new cars sold in Puerto Rico last month, representing a 2.9 percent increase from the same month last year, and a 4.6 percent jump over June’s results.
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DACO issues 15 infringement notices to car dealers
August 17, 2017
The Department of Consumer Affairs issued Wednesday about 14 infringement notices to auto dealers selling vehicles without the Monroney Label, required by local and federal laws to provide information to potential car buyers.
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