Infopáginas evolves to cater to SMEs with digital tools
July 14, 2017
Online directory firm Infopáginas, which has more than 170,000 businesses listed, is taking advantage of the challenges and opportunities of the current digital ecosystem to provide cost-effective tools to local small and medium sized enterprises, the company’s top official said Thursday.
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Local co.’s lock down $5.4M in sales in NY trade mission
July 14, 2017
A delegation of 10 Puerto Rican companies locked down sales of $5.4 million during a trade mission to New York held June 27-30 coordinated by Puerto Rico Trade and Export.
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Moody’s: PREPA’s Ca rating reflects ‘uncertain recovery’
July 13, 2017
Moody’s Investors Service's July 6 downgrade of the Puerto Rico Electric Power Authority’s credit rating to from Caa3 to Ca reflects “the increased uncertainty that now exists regarding the outcome and the timing of a future debt restructuring plan for PREPA, which in the end will lower bondholder recoveries.
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Report: P.R. new car sales up 5% YOY in June
July 13, 2017
The United Group of Automobile Importers announced Wednesday that new car sales were up 5 percent year-over-year in June, with some 8,378 units sold.
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Private sector takes fight against Caguas tax to court
July 13, 2017
Faced with a recent 70 percent hike in municipal taxes payable to Caguas, a group of companies representing a broad sample of businesses — restaurants, supermarkets, cash & carries, retail store chains, and telecommunications carriers — filed a lawsuit against the town to challenge the levy.
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Popular launches effort to boost personal loans
July 13, 2017
With the goal of offering customers a solution to their current financial situation, Popular announced the start of its new personal loans campaign, under the slogan “Consolidate with a personal loan,” expanding on the benefits of this solution.
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Resident Commissioner unveils alliance to boost SMEs
July 13, 2017
Puerto Rico Resident Commissioner Jenniffer González announced Wednesday the upcoming creation of an alliance among civic, professional, university and municipalities with the Small Business Administration and the Chamber of Commerce to develop a plan to stimulate the economy through the proliferation of small businesses.
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Courtyard By Marriott to build $1.3M events space
July 13, 2017
The Courtyard by Marriott Isla Verde Beach Resort unveiled this week the concept of its new Las Brisas rooftop event terrace, that entails an investment of more than $1.3 million, General Manager José C. Padín announced.
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Rosselló signs trio of economic development measures
July 12, 2017
Gov. Ricardo Rosselló signed three legislative measures that seek to stimulate the economy and create new jobs in Puerto Rico, with special emphasis on small and medium enterprise, or SMEs.
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Partnership brings free medication discount card to PR
July 12, 2017
The Puerto Rico Municipal Legislators Association and America's Drug Card have partnered to distribute the first 50,000 cards that offer significant discounts on drug payments throughout the island, and will be available for immediate use.
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Parallel18 startups raise funds to expand PR operations
July 12, 2017
The Puerto Rico's Science, Technology and Research Trust will invest $225,000 through the second round of the follow-up fund Parallel18 Ventures, the organization announced Tuesday.
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Polytechnic professor wins InnovateHer competition
July 12, 2017
Polytechnic University of Puerto Rico Professor Zayira Jordán, won “InnovateHer,” the local business idea competition sponsored by the Small Business Administration, with the project GuardDV, it was announced Tuesday.
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New methodology applied to PR retail sales report
July 12, 2017
Puerto Rico Trade and Export announced Tuesday a new methodology and sampling to be used to develop the island’s retail sales report, looking to publish a more accurate result by Puerto Rico’s commercial establishments, the agency’s executive director Ricardo Llerandi said.
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Mennonite Health buys Episcopal San Lucas Hospital
July 11, 2017
Following a period of much analysis and evaluation, the Mennonite Health System reached an agreement with the Episcopal San Lucas Health System to purchase the assets and operation of the Episcopal San Lucas Hospital in Guayama, effective Aug. 31.
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CBP launches new mobile app for prospective employees
July 11, 2017
U.S. Customs and Border Protection announced Monday the launch of CBP Jobs, a new mobile app for prospective agents and officers to track their progress through the hiring process.
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