DDR to host ‘Community Day’ at 4 shopping centers
March 11, 2016
DDR Puerto Rico is inviting nonprofit organizations to join its Community Day event as a part of the “Juntos por tu Comunidad” (“Together for your community”) program.
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Lawmaker pushes to ‘re-reform’ P.R. tax structure
March 9, 2016
House Finance Committee Chair Rafael “Tatito” Hernández proposed Tuesday the full elimination of the value-added tax slated to go into effect on June 1, while unveiling a package of measures that would essentially “re-reform” Puerto Rico’s tax structure to provide balance.
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27 Puerto Rican companies Panama-bound to network
March 9, 2016
A delegation of 27 Puerto Rican companies will participate in the Expocomer international business fair in Panama through Saturday, to present exportable products and services among distributors, importers, retailers and buyers from Latin America, Asia, Europe and the Caribbean.
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Lack of reliable data hinders P.R.’s ‘economic liberty’
March 8, 2016
The lack of available, reliable economic data and a deficiency in transparency from the government are several key factors that must be addressed for Puerto Rico to improve its ranking in an index published annually by The Heritage Foundation, local economists said Monday.
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Japan, LatAm lift economic ties as Pacific growth slows
March 8, 2016
WASHINGTON — From salmon farming in southern Chile to shipbuilding in landlocked Paraguay, Japanese companies are pursuing investments throughout Latin America — with an eye toward future opportunities under the Trans-Pacific Partnership.
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Nesher Pharmaceuticals to recruit in P.R. Mar. 18-19
March 8, 2016
Nesher Pharmaceuticals LLC, a generic manufacturing pharmaceutical company will be returning to Puerto Rico to interview experienced candidates for 15 new positions in the areas of quality, R&D, manufacturing, quality control and R&D Laboratories for its manufacturing facilities located in St. Louis, MO.
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Walgreens joins CDC on Zika virus education in P.R.
March 8, 2016
In an effort to curb the spread of Zika virus disease in Puerto Rico, Walgreens is collaborating with the Centers for Disease Control and Prevention and the CDC Foundation to educate the public on preventive steps to avoid Zika, the company announced Monday.
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Execs: Oversight board may include econ. dev. aspects
March 4, 2016
Leaders of the Puerto Rico Private Sector Coalition signaled that the group’s lobbying efforts have made progress in convincing members of Congress and the White House to add a measure of “economic development authority” to the expected fiscal oversight board to be imposed on the Commonwealth government.
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Compulsory electronic tax filing to save Treasury $5M
March 4, 2016
Filing an individual paper tax return becomes outdated this April as Puerto Rico switches to compulsory electronic filing in a move that is expected to save the Treasury Department up to $5 million in expenses, according to one of its top officials.
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Migration fuels 1.4% drop in P.R. retail sales in ’15
March 4, 2016
Retail sales reported by Puerto Rico’s commercial establishments during the January to December 2015 period reflected a 1.42 percent year-over-year drop, with sales down by $544.7 million to $37.8 billion, Puerto Rico Trade and Export revealed Thursday.
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Silicon Valley seeking innovators from Puerto Rico
March 4, 2016
The Puerto Rico Science, Technology and Research Trust announced Thursday the upcoming Mar. 7 start of an open call-for-entries for innovators to take part in the local edition of the Singularity University Global Impact Competition.
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Op-Ed: ’09-’14, Huge inflow of resources with no growth
March 4, 2016
In the years between 2009 and 2014, the economy of Puerto Rico had an inflow of funds (federal government and other sources) of about $110 billion.
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Open Mobile, Assurant partner to offer novel program
March 4, 2016
Open Mobile, one of the fastest growing mobile network operators in Puerto Rico, is partnering with Assurant Solutions to offer the island’s first upgrade and protection program without an annual contract and device financing requirement.
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Impactivo Consulting revamps monthly health report
March 4, 2016
Impactivo Consulting, Puerto Rican firm dedicated to providing guidance on regulatory levers that impact the health sector, recently reworked its monthly “Health Industry Report” newsletter as well as its strategic planning services, company executives announced Thursday.
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AT&T settles disability discrimination suit, to pay $250K
March 3, 2016
Wireless carrier AT&T will pay $250,000, reinstate an employee, and furnish other relief to settle a disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission, the agency announced Wednesday.
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