Corporate Ladder: New execs in consulting, construction
August 22, 2017
This edition of “Climbing the Corporate Ladder” features new private-sector executive appointments in the areas of electronic payment processing, construction and consulting.
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Puerto Rican firm Robot Florida marks 1st anniversary
August 22, 2017
Following a year full of expectations, Robot Florida marked its first anniversary exceeding its sales and market positioning goals in Orlando, FL, where it recently inaugurated new offices.
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Gov’t reports $649.4M in July revenue collections
August 21, 2017
Treasury Secretary Raúl Maldonado-Gautier announced that net revenues recorded to the General Fund in July, when Fiscal Year 2017-18 began, totaled $649.4 million.
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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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