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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Quick Deposit now available in more Oriental bank ATMs
July 11, 2017
Oriental announced Monday its Quick Deposit service will be available in 22 additional full-service ATMs, for a total of 47 throughout the island.
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Santander Holdings USA Inc. prices senior notes
July 11, 2017
Santander Holdings USA Inc. announced Monday it has priced $800 million in aggregate principal amount of 4.400 percent senior unsecured notes due 2027 and $440 million in aggregate principal amount of 3.700 percent senior unsecured notes due 2022 in a private offering.
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AT&T invests nearly $20M in 3 years in USVI network
July 10, 2017
Wireless carrier AT&T has invested nearly $20 million in its U.S. Virgin Islands wireless and wired networks during 2014-2016, the company confirmed over the weekend.
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Gov’t looks to boost PR manufacturing index
July 10, 2017
Puerto Rico Economic Development and Commerce Secretary, Manuel A. Laboy-Rivera said the agency is “focused on continuing to work with the Integrated Economic Development Plan (PDEI) to further increase the island’s manufacturing index to more than 50 percent.
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T-Mobile opens store in Toa Baja in ongoing expansion
July 10, 2017
T-Mobile announced the opening of its new store in the La Virgencita sector, in the town of Toa Baja.
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Private sector balks at Caguas tax hike, town defends
July 7, 2017
Private sector representatives got together Thursday to blast the Caguas municipal government for what they called an “excessive and discriminatory” tax increase that took effect July 1 and affects businesses making more than $3 million in revenue.
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Medicinal cannabis dispensary opens in Guaynabo
July 7, 2017
Faced with the challenge posed by the adoption of a new bill limiting the use of the cannabis flower for medicinal purposes, Puerto Rico Clínica Verde inaugurated Thursday a clinic at the Borinquen Towers on Roosevelt Ave. in Guaynabo.
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Parallel18’s 4th generation of startups arrives in August
July 7, 2017
International startup accelerator Parallel18 (P18), based in Santurce, announced the selection of 36 startups representing 13 countries for its fourth generation of mentoring program.
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Reports: Gran Meliá hotel in Río Grande to be rebranded
July 7, 2017
Spanish hotel giant Meliá Hotel & Resorts announced Thursday plans to rebrand its Gran Meliá Puerto Rico property in Río Grande as Meliá Coco Beach, as part of a comprehensive renovation planned for the resort, according to published reports.
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