CMS pitch may usher 1.6% Medicare fund growth for PR
February 27, 2017
The Advance Notice and Draft Call Letter recently issued by the Centers for Medicare and Medicaid Services includes proposals that if finally implemented would result in a minor net increase of 1.6 percent to calendar year 2018 Medicare Advantage benchmark rates for Puerto Rico.
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Appointments in insurance, education, tourism
February 27, 2017
This edition of Corporate Ladder includes appointments to top executive positions in Puerto Rico, in the areas of insurance, education and tourism.
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Pollo Tropical Puerto Rico wins ‘Franchisee of the Year’
February 27, 2017
As a result of its good business practices, fast-food chain Pollo Tropical was selected by Pollo Tropical International as the Franchisee of the Year 2015/16, above the rest of the franchises worldwide, the company announced recently.
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Group Services Inc. nabs top awards at ADMEI meeting
February 27, 2017
Meet Puerto Rico recently recognized member, Group Services Inc., for garnering two top awards for work conducted on behalf of their Comcast client at the 2017 ADMEI Awards.
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Sprint, Open Mobile announce joint venture in PR/USVI
February 24, 2017
Sprint and Open Mobile officially confirmed an agreement to combine their businesses in Puerto Rico, together with Sprint’s business in the U.S. Virgin Islands, into a new joint venture.
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Sotheby’s Int’l Realty expands presence in PR, DR
February 24, 2017
Sotheby’s International Realty is growing in the Caribbean with the establishment of a new office in Puerto Rico and the signing of a new partner in the Dominican Republic, the luxury real estate firm announced this week.
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Liberty Business partners with United Retailers Assoc.
February 24, 2017
Liberty Business, Liberty Puerto Rico’s business division, announced Thursday it has established a partnership with the United Retailers Association of Puerto Rico to support the small and medium-sized businesses sector on the island.
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New P3s association looks to boost P.R. infrastructure
February 24, 2017
The Public-Private Partnerships Association, a newly created organism that seeks to incentivize collaboration between the government and private sector on infrastructure projects, was formally unveiled Thursday.
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Oversight Board names El Koury as General Counsel
February 24, 2017
The Financial Oversight and Management Board for Puerto Rico announced Thursday the appointment of attorney Jaime A. El Koury as General Counsel, or chief legal officer for the federally appointed body.
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FirstBank donates to Salvation Army’s ‘Pathway of Hope’
February 24, 2017
In an effort to promote self-sufficiency in Puerto Rico, FirstBank announced Thursday it has partnered with the Salvation Army's Pathway of Hope program with a donation to help the nonprofit work with six vulnerable families receiving their services in the cities of Guayama and Arroyo.
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Medical cannabis seminar to focus on extraction process
February 24, 2017
Puerto Rico Legal Marijuana announced it will hold a medical cannabis occupational license seminar featuring a live demonstration of the extraction process on Feb. 25 at the Polytechnic University in Hato Rey.
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PR GO, COFINA bondholders spar over pending litigation
February 23, 2017
The COFINA Seniors Coalition on Wednesday filed a motion to join litigation already pending in the U.S. District Court in Puerto Rico — Lex Claims, LLC et al. v. Garcia-Padilla et al. — to expose what they called “meritless, self-serving claims brought by a litigious faction” of General Obligation ("GO") bondholders.
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EDB chief presents formula to promote local SMEs
February 23, 2017
The Economic Development Bank has a specific agenda it will follow to promote local small and mid-sized enterprises, including the creation of a training institute for entrepreneurs, agency President Luis Burdiel-Agudo said.
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EVERTEC to sponsor P.R. Open golf tournament
February 23, 2017
EVERTEC, a San Juan-based transaction processing and technology company, announced Wednesday its sponsorship of the Puerto Rico Open, the only PGA TOUR tournament held in the Caribbean, which celebrates its 10th anniversary in 2017.
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Gov’t agencies, towns have until Mar. 31 to propose P3s
February 22, 2017
The Public-Private Partnership Authority issued a reminder Tuesday to central government agencies and Puerto Rico mayors of the Mar. 31 deadline to submit their proposals for potential Public Private Partnerships for evaluation.
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