FirstBank adds ATMs, redesigning mobile services
October 6, 2016
In the wake of a 17.5 percent growth in ATM transactions during 2015, FirstBank announced Wednesday the expansion of its automatic teller network in Puerto Rico with a total of 80 new locations.
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Liberty campaign calls awareness to pet abandonment
October 6, 2016
The second installment of Liberty Puerto Rico’s institutional campaign “Creando conexiones” (Creating connections), tells the story of a family that adopts an abandoned dog.
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Popular takes $55M hit after losing appeal in FDIC fight
October 5, 2016
Banco Popular de Puerto Rico announced Tuesday that it lost an appeal before a review board deciding over a dispute with the Federal Deposit Insurance Corp., representing a $55 million hit for the bank.
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Telecom Board, DTOP inaugurate ‘VíaDIGITAL’ project
October 5, 2016
The first project under “VíaDIGITAL,” a joint initiative between the Department of Transportation and Public Works (DTOP) and the Puerto Rico Telecommunications Regulatory Board was inaugurated Tuesday, through the installation of installation of high-speed fiber optic infrastructure that will benefit consumers, businesses and residences in Miramar, Santurce and parts of Río Piedras.
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Pawa Dominicana launches flight operations in P.R.
October 5, 2016
Pawa Dominicana officially launched its air service between the Dominican Republic and Puerto Rico this week, representing an increase in its footprint throughout the Caribbean, company officials said this week.
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Artlet Aviation signs deal with Heli-One to repair aircraft
October 5, 2016
Arlet Aviation LLC, a Puerto Rican company dedicated to servicing the local and international aviation industry announced Tuesday it has signed an agreement with Heli-One as their representative in the Caribbean area.
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PR hosts int’l maintenance & reliability engineering class
October 5, 2016
PdMTech, a Puerto Rican engineering and predictive maintenance firm and the Condition Monitoring & Maintenance Institute, will sponsor a “Maintenance & Reliability Engineering Master Class” on Oct. 5-6, the companies announced Tuesday.
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Probe reveals questionable aspects of PREPA bond issue
October 4, 2016
A pre-audit survey report released Monday by the Commission for the Comprehensive Audit of the Public Credit of Puerto Rico analyzing a $673 million bond issue by the Puerto Rico Electric Power Authority has raised a number of questionable aspects of the transaction completed in 2013.
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CBP seizes $1.5M in illegal counterfeit products in P.R.
October 4, 2016
U.S. Customs and Border Protection San Juan Field Operations announced today that 206 seizures where made of counterfeit products, valued at $1.5 million, which were illegally imported into Puerto Rico via international mail.
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Creative industries represent 5.7% of P.R. sales activity
October 3, 2016
Creative industries — those dedicated to design, arts, media and services — generate nearly 70,000 jobs and $10 billion for the Puerto Rican economy, representing about 5.7% of sales generated by all companies on the island, the Puerto Rico Statistics Institute disclosed in a recent report.
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García-Padilla delivers documents to oversight board
September 30, 2016
Puerto Rico Gov. Alejandro García-Padilla announced Thursday he has turned over several documents detailing the island’s fiscal situation to the fiscal oversight board, a day ahead of the federally appointed body’s first meeting today.
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P.R. Tourism Co. expects record-breaking cruise season
September 30, 2016
Puerto Rico is on its way to break cruise passenger records for the second time in three years, Tourism Co. executives said Thursday, during the 23rd annual Florida Caribbean Cruise Association (FCAA) Cruise Conference and Trade Show in San Juan.
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Specialty retailer vomFASS opens at Paseo Caribe
September 30, 2016
Following an investment of $500,000, vomFASS — an international specialty retailer featuring a variety of oils, vinegars, wines and spirits — opened its doors at Paseo Caribe in San Juan.
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US Dept. of Labor gives $1.1M to P.R. to improve services
September 30, 2016
The U.S. Department of Labor announced Thursday a total of $43.2 million in Reemployment & Systems Integration National Dislocated Worker Grants to 43 states and territories to support and improve connectivity among existing workforce programs.
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Denny’s invests $1.5M in 13th restaurant opening in P.R.
September 30, 2016
Marpor Corporation, operator of the Denny’s restaurant chain in Puerto Rico, announced Thursday the opening of its 13th location, at the Las Cascadas Hotel in Aguadilla, which will create 210 new direct jobs. The company invested $1.5 million in the new eatery that opens today.
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