P.R. Treasury collects $776.6M, $7.4M below projections
March 21, 2017
Puerto Rico Treasury Secretary Raúl Maldonado said Monday that net revenues recorded in the General Fund totaled $776.6 million in February.
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Moody’s: $450M cuts will be ‘difficult for UPR to absorb’
March 21, 2017
Moody’s Investor Service on Monday said the proposed $450 million in cuts to the University of Puerto Rico over the next three fiscal years are “credit negative because they will be very difficult for the university to absorb.”
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House OKs bill to create DMO, moves to Senate
March 21, 2017
The Puerto Rico House on Monday approved a bill submitted by Gov. Ricardo Rosselló that seeks to create a Destination Marketing Organization to improve tourism promotional efforts for the island.
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Sacred Heart U. to host 1st Content Marketing Summit
March 21, 2017
Sacred Heart University (USC) announced Monday it will host its first Content Marketing Summit with the goal of educating about how to create digital content of interest to help strengthen the presence of a brand or business on social networks.
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Deal with China-based co. to spur tire recycling project
March 20, 2017
The Department of Economic Development and Commerce announced Sunday the signing of an agreement of understanding between a local and a China-based company to develop recycling projects with an associated investment of $20 million.
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J&J grants scholarships to 50 UPR nursing students
March 20, 2017
Johnson & Johnson announced scholarships to 50 nursing students at the University of Puerto Rico as part of a social impact program designed to build capacity in the health system.
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S&P affirms metropistas’ rating, keeps negative outlook
March 17, 2017
S&P Global Ratings on Thursday removed its CreditWatch negative placement on Autopistas Metropolitanas de Puerto Rico, LLC and affirmed its 'BBB-' rating on the company’s $435 million senior secured notes due 2035. The outlook is negative.
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Popular opens new call for ‘StartUp Popular’ program
March 17, 2017
Focused on continuing to support local economic development, Banco Popular announced the opening of a third call for entries for entrepreneurs wishing to participate in the “StartUp Popular” program.
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‘Atención Atención’ creators nab SBA top honor for P.R.
March 17, 2017
The U.S. Small Business Administration announced Thursday it has selected Víctor Miguel Rivera-Solanas and María Paula Rivera-Solanas, the creators of the Atención Atención educational TV show for pre-schoolers, this year’s “Small Business Person of the Year” for Puerto Rico.
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Claro offers 3 mos. of free ClaroTV to existing customers
March 17, 2017
Telecommunications company Claro announced Thursday it will offer three free months of its ClaroTV service to existing mobile and fixed service customers.
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Science Trust, PRMA offer details on Quest ’17
March 16, 2017
The Puerto Rico Science, Technology and Research Trust and the Puerto Rico Manufacturers Association hosted a roundtable Wednesday to provide details on Quest 2017, an event that promotes the exchange of best practices to optimize the island’s competitiveness.
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DACO, Retailers Assoc. to orient on use of reusable bags
March 16, 2017
The Retail Trade Association, which groups major local and multinational chains, has joined efforts with the Consumer Affairs Department to educate and create awareness among consumers about the use of reusable bags and bans the use of plastic bags.
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February car sales up 9.1% in PR driven by fleet sales
March 16, 2017
The United Group of Automobile Importers announced Wednesday that car sales in Puerto Rico were up 9.1 percent year-over-year in February, driven primarily by fleet sales.
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Nobel Prize in Economics to discuss P3s investments
March 16, 2017
Harvard University professor and Nobel Prize in Economics in 2007, Eric S. Maskin, will present his conclusions on the benefits of public-private partnerships to support healthy economic development during a forum on Mar. 23.
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1st Healthcare Innovation Replicathon this weekend
March 16, 2017
With the goal of promoting the next generation of leaders in bioinformatics and technology development in the healthcare industry, the VarMed Management Group and the Increasing Diversity in Interdisciplinary Big Data to Knowledge (IDI-BD2K) of the University of Puerto Rico will carry out the first Healthcare Innovation Replicathon.
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