Planning Board: PR economy will shrink in Fiscal ’17, ’18
March 9, 2017
The Puerto Rico Planning Board released economic projections for fiscal years 2017 and 2018, which reflect drops in the Gross Domestic Product of 1.7 percent and 1.5 percent, respectively.
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Popular bets on P.R. in new institutional campaign
March 9, 2017
Under the slogan of “100 x whatever we want,” Popular bank is launching a new advertising campaign that seeks to inspire Puerto Rico residents to think differently — to see the island with new eyes and break new ground.
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OFG Bancorp names COO, CFO; GM names president
March 9, 2017
OFG Bancorp announced high-ranking executive appointments Wednesday, while GM Security Technologies named a new president recently.
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Condé Nast Traveler chooses W Retreat pool among best
March 9, 2017
Travel and luxury magazine Condé Nast Traveler recently included the W Retreat & Spa-Vieques Island in their prestigious list of “10 Hotels with Over-the-Top Poolside Experiences” around the world.
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Gov’t suspends $1.8B in special assignments, tax credits
March 8, 2017
The government of Puerto Rico released an administrative order Tuesday suspending some $1.8 billion in special assignments and tax credits, in an attempt to bridge budgetary gaps.
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Op-Ed: PR’s healthcare system needs urgent action
March 8, 2017
In their almost 52 years of existence, Medicaid and Medicare, jointly with the Children’s Health Insurance Program (“CHIP”), have alleviated the suffering of millions of children, low-income adults and elderly people by enabling them to access dignified health care.
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FirstBank finances new Red Mango in Old San Juan
March 8, 2017
FirstBank has granted Red Mango franchisee Cheliz, Corp. an SBA 7(a) program loan to establish its 14th restaurant in Old San Juan, the bank announced Tuesday.
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Parallel18’s alumni shine bright at SXSW 2017
March 7, 2017
Global accelerator Parallel18 (P18) and five of the startups that have been through its program will have highlighted participations at the SXSW (South by Southwest) innovation conference, which begins this week in Austin, Texas.
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Op-Ed: Alternate basic tax for individuals
March 7, 2017
Tax season is just around the corner and the computation of income taxes becomes the main topic during this period.
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CIO & IT Leadership Conference slated for Mar. 10
March 7, 2017
For the fourth consecutive year, the CIO & IT Leadership Conference will be held on March 10 at the Sheraton Puerto Rico Hotel & Casino, organizers announced Monday.
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Planning Board revises data for ’16; P.R. GDP drops 1.1%
March 6, 2017
The Puerto Rico Planning Board revised the island’s macroeconomic data for the end of fiscal 2016, reflecting a decrease in the Gross Domestic Product of 1.1 percent.
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Insurance sector creates $185M, 30K jobs for economy
March 3, 2017
Puerto Rico’s insurance industry represents $185 million in economic contributions to the government’s coffers and generates 30,000 direct, indirect and induced jobs, a study released Thursday shows.
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P.R. bankruptcies down 14.5% year-over-year in Feb.
March 3, 2017
The island's bankruptcy filings dropped in February, when 14.5 percent fewer cases were submitted to the court, versus the same month in 2016, according to preliminary numbers released Thursday by research company Boletín de Puerto Rico.
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Bahía Beach Resort golf course nabs USA Today honor
March 3, 2017
Bahía Beach Resort & Golf Club in Río Grande has been named one of the “Top 10 Best Caribbean Golf Courses” by USA Today as part of its “10Best Readers’ Choice Awards,” the hotel announced.
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Caguas’ Menonita Hospital opens new emergency room
March 3, 2017
Menonita Hospital in Caguas on Thursday inaugurated its remodeled emergency room facilities at a cost of $600,000 that includes specialized stretchers, cardiac monitors, a nurse call system, new signs and new emergency plant.
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