Treasury: FY ’17 collections exceed $9.3B, up 1.7% YOY
July 21, 2017
Puerto Rico’s net revenue recorded to the General Fund for Fiscal 2017 (July-June) exceeded $9.3 billion, representing a $159.6 million, or 1.7 percent, increase when compared to Fiscal Year 2015-16, Treasury Secretary Raúl Maldonado-Gautier said Thursday.
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Medicinal cannabis forum MedCann.Biz slated for Oct.
July 21, 2017
Renowned international experts on the subject of medicinal cannabis will come together for the third edition of Puerto Rico MedCann.Biz, which will take place on Oct. 5-6 at the Sheraton Hotel Convention Center in San Juan, organizers announced Thursday.
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Frontier Airlines’ expansion to pump $14.5M into PR
July 20, 2017
A little more than a month after it launched its service in Puerto Rico, low-cost carrier Frontier Airlines announced this week additional routes that will pump $14.5 million into the island’s economy, Gov. Ricardo Rosselló said Wednesday.
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Ford opens call for yearly environmental grants program
July 20, 2017
With the aim of empowering communities on the island to pursue a more sustainable future, Ford Puerto Rico launched Wednesday an open call for its annual Ford Environmental Grants program.
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Sam’s Club in Los Colobos abruptly closed Wednesday
July 20, 2017
The management of Sam’s Club confirmed the closing of its store at Los Colobos, in Carolina, effective Wednesday.
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Study: Tourism’s contribution to PR ‘difficult to assess’
July 19, 2017
Puerto Rico’s lack of a comprehensive set of tourism data makes it difficult to the assess the sector’s performance, as the island lacks indicators to compare with the rest of the world, among other shortcomings, a study by the Foundation for Puerto Rico revealed Tuesday.
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PREPA insurers ask court for independent receiver
July 19, 2017
A group of companies insuring the Puerto Rico Electric Power Authority’s debt filed a motion in the U.S. District Court for the District of Puerto Rico Tuesday, asking for the appointment of an independent receiver to pursue increased rates and to oversee certain operations of the public corporation.
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Velázquez, experts discuss ways to spur PR’s recovery
July 19, 2017
U.S. Rep. Nydia M. Velázquez (D-NY) hosted Tuesday a panel of experts and other members of Congress for a roundtable discussion on unlocking the keys to stimulating economic growth in Puerto Rico.
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Op-Ed: Why taxing self-employed’s is a nefarious idea
July 19, 2017
Of all the atrocious ideas I have heard in the past few years, and there have been plenty, none is more poisonous and counterproductive than the announcement that the Treasury Department is planning to significantly increase taxes to self-employed people.
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INVID wins ’17 ‘Microsoft Country Partner of the Year’
July 19, 2017
Internet Vision Development, LLC, a software development company that specializes in the design and implementation of engaging and functional solutions that improve processes and collaboration, announced Tuesday it has won the 2017 “Microsoft Country Partner of the Year Award” for Puerto Rico.
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Molina Healthcare gets Chamber of Commerce top honor
July 19, 2017
The Puerto Rico Chamber of Commerce recently bestowed its Zenit Award 2017 in the health category to insurer Molina Healthcare of Puerto Rico, which administers the government health plan’s services to beneficiaries of the Eastern and Southwest regions of the island.
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Carolina Catering Corp., Aerostar spar over cement plant
July 18, 2017
Airline food service provider Carolina Catering Corp. on Monday blasted the management of the Luis Muñoz Marín International Airport — Aerostar Airport Holdings — for allegedly endangering the Torrecilla Lagoon habitat through the construction of a concrete plant nearby.
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Op-Ed: Mobile killed the fixed line star!
July 18, 2017
To many of my generation, MTV became the surrogate to our stereo system and it pointed the direction into the evolution of how we listened and enjoyed music.
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Robotics as a learning alternative for children
July 18, 2017
When it comes to parenting, one factor that usually comes up it is the high exposure that children have to technology. More electronic devices are available to children and are consuming their time and attention.
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Startups Lunchera, Transparent win at P18 Demo Day
July 17, 2017
Thirty companies from Puerto Rico, the U.S. mainland, Latin America and Europe presented their ventures to a group of international investors at Parallel 18’s Third Generation Demo Day in the Emilio S. Belaval Theater at Sacred Heart University in Santurce.
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