Toyota maps strategy for ’16, new dealers to invest $7M
February 26, 2016
Toyota de Puerto Rico executives outlined plans Thursday to maintain its market share of 31.7 percent, while strengthening the operation this year, when three new dealerships invest $7 million to open new facilities as part of that strategy.
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EPA announces $26M in funds to clean up diesel engines
February 26, 2016
The U.S. Environmental Protection Agency announced Thursday the availability of $26 million in grant funding to establish clean diesel projects aimed at reducing emissions from the nation's existing fleet of diesel engines.
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AEI panelists ponder what’s next for P.R.’s economy
February 25, 2016
Puerto Rico’s fiscal crisis is the direct result of poor governance and mismanagement, and an inefficient welfare system and over-regulation is only making things worse, argued a five-member expert panel meeting in Washington.
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LatAm marketing accelerator INDY scouts for startups
February 25, 2016
INDY, the first marketing accelerator in Latin America, announced an open call to apply for a six-month program focused on helping post-seed startups develop marketing plans to fuel their growth.
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Consultiva International presents annual conference
February 25, 2016
The Investment Strategy Committee at Consultiva International Inc. will be presenting its global economic outlook for 2016 at its annual conference for clients and partners on today.
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PingPro app connects consumers with service providers
February 25, 2016
PingPro, an application that allows consumers to contact certified professionals in Puerto Rico, has received thousands of requests since it’s launching in December 2015, developers said this week.
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EDB cements efforts to support P.R. microenterprises
February 24, 2016
As part of an economic development initiative with special focus on business development in special communities, as well as to promote the establishment of a model toward economic self-sufficiency, the Economic Development Bank and the Office the General Coordinator for Socioeconomic Financing (OFSA) formalized a partnership to establish a line of support for small businesses that sprouting in those areas.
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Op-Ed: How to turn a traditional business into a startup
February 24, 2016
With so many stories about teenagers getting rich after creating an app that goes viral, startups are becoming part of the mainstream media.
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Popular Community Bank launches ‘Mobile Cash’ service
February 24, 2016
Popular Community Bank, a subsidiary of Popular Inc., has launched “Mobile Cash,” allowing customers to make withdrawals at ATMs using the app from their smartphone.
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Puma, Automeca partner to further professional growth
February 24, 2016
Puma Energy Caribe and Automeca Technical College officially partnered Tuesday to promote professional development opportunities for Puerto Rico’s automotive professionals and the industry in general, executives from both companies said.
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Dunkin’ Donuts plans to open 50 stores in Puerto Rico
February 23, 2016
Less than two years after a court-ordered shutdown of all of it’s local Dunkin’ Donuts stores, Dunkin’ Brands announced Monday it is looking for a franchisee to re-enter the market to develop 50 restaurants throughout the island in the next seven years.
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EVERTEC gets go-ahead to close on Processa deal
February 23, 2016
Six months after announcing the deal, EVERTEC announced it received U.S. federal bank regulatory approval for the acquisition of 65 percent of the share capital of Processa S.A.S., a Colombian payment processing company that is based in Bogota.
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Parallel18 represents P.R. in Mobile World Congress ’16
February 23, 2016
The eyes of the technology world are on Barcelona, Spain this week for the celebration of the Mobile World Congress, and Puerto Rico has an important role in presenting the Parallel18 startup acceleration program before hundreds of “4YFN” (“4 Years from Now”) event attendees.
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Dorado Beach, Ritz-Carlton gets Forbes 5-star rating
February 23, 2016
The Dorado Beach, A Ritz-Carlton Reserve has received a five-star rating from the prestigious Forbes Travel Guide, joining several independent boutique properties in the Caribbean as first-time recipients.
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Telecom Board shoots down PrepaNet in Liberty case
February 22, 2016
The Puerto Rico Telecommunications Regulatory Board on Friday shot down the Puerto Rico Electric Power Authority’s claims that the regulator lacks jurisdiction in a fight over rates and access to public utilities launched last year by Liberty Cablevision of Puerto Rico.
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