‘Hecho en Puerto Rico: La Tienda’ headed to Mayagüez
August 1, 2017
Following the success of the first two editions in San Juan last year, and to reach the population of the western area who have asked for the chance to visit a single location housing local products and services, the Puerto Rico Products Association will set up its “Hecho en Puerto Rico: La Tienda” concept at the Mayagüez Mall, on Sept. 14-24.
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Energy experts present plan for PR to Judge, OBoard
July 31, 2017
A group of professors and researchers of electric power systems presented their “collective and personal vision of a sustainable energy future for Puerto Rico” to Judge Laura Taylor-Swain, who is overseeing the island’s debt restructuring, and the Financial Oversight and Management Board for Puerto Rico.
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First BanCorp reports $28M in net income for 2Q17
July 31, 2017
First BanCorp. reported net income of $28 million for the second quarter of 2017, or $0.13 per diluted share, compared to $25.5 million, or $0.11 per diluted share, for the first quarter of 2017 and $22 million, or $0.10 per diluted share, for the second quarter of 2016.
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Coalition: ‘Critical’ for gov’t stats to remain independent
July 31, 2017
The Puerto Rico Private Sector Coalition stepped up in defense of the Puerto Rico Institute of Statistics over the weekend, claiming that it is “critical to have a body that ensures the independence and transparency of metrics and government statistics to provide complete, reliable, fast and universal data.”
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Cruise ship passengers up 10.6% at end of Fiscal ’17
July 31, 2017
Cruise ship passenger traffic at the Port of San Juan reflected a 10.6 percent increase at the end of Fiscal 2017, in comparison to the prior year, marking the second highest total in the last five years, government officials said.
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Rosselló names Commissioner of Financial Institutions
July 28, 2017
Gov. Ricardo Rosselló announced Thursday the appointment of George R. Joyner as head of the Office of the Financial Institutions Commissioner, known as OCIF in Spanish.
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Abarca Health, Biogen ally on multiple sclerosis coverage
July 28, 2017
Abarca Health, a pharmacy benefit management and technology company that serves more than 2 million people across the U.S., has signed a value-based reimbursement contract with Biogen Inc. for select products in its multiple sclerosis portfolio.
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Bankers Assoc. concerned over possible work hour cuts
July 28, 2017
The Puerto Rico Bankers Association expressed concern Thursday over the possibility of a reduction in working hours for public servants, saying it would deliver a blow to the economy.
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TRB urges citizens to report metals theft
July 28, 2017
The Puerto Rico Telecommunications Regulatory Board is going after those who steal metals, a problem that is on the rise, agency President Sandra Torres said Thursday following an inspection of a home in San Sebastián used as an illegal metals collections center.
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Popular reports $96.2M in 2Q17 income
July 27, 2017
Popular Inc. reported a net income of $96.2 million for the quarter ended June 30, 2017, up .08 percent compared to a net income of $88.9 million for the same year-ago quarter
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PR to host Techstars Americas Community Summit
July 27, 2017
Puerto Rico will host the Techstars Community Summit 2017 on Oct. 12-15, an event that is expected to bring together some 180 leading entrepreneurs from more than 15 countries across the Americas.
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Execs named in auto, insurance, tourism industries
July 27, 2017
This edition of “Climbing the Corporate Ladder” reports on executive appointments in the automobile, insurance and tourism industries.
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Aireko receives nods from engineers for 2 projects in PR
July 27, 2017
Construction and building-maintenance group Aireko recently received recognition for its “innovation, creativity, and compliance” on two projects developed for two manufacturing plants in Puerto Rico.
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Paradores full last weekend, despite holiday changes
July 26, 2017
The confusion caused by the repeal of traditional July holidays and misleading ads about inns offering sub-par services caused Puerto Rico’s small inns to experience a delay in reservations last weekend, which nonetheless exceeded 90 percent occupancy, Paradores de Puerto Rico executives said.
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Medicinal Cannabis courses tempered to new Law 42
July 26, 2017
Following the signing of the new Law 42-2017 regulating the local medicinal cannabis industry, Puerto Rico Legal Marijuana is ramping up its educational services to doctors and patients regarding the correct use of the marihuana flower.
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