Airline Volaris launching Mexico-Puerto Rico route
May 6, 2015
Volaris, the ultra low cost Mexican airline servicing Mexico and the United States, announced Tuesday the introduction of new international service between Cancún and San Juan, starting July 2nd.
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Telecom Board edifying on human rights in Internet era
May 6, 2015
The Puerto Rico Telecommunications Board is heading a collaborative effort with the Baltasar Garzón International Foundation, headed by Spanish Judge Baltasar Garzón, to educate local judges and attorneys on human rights in the Internet era.
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Long-time Bankers Association executive VP retires
May 6, 2015
Arturo Carrión, who for the last 29 years served as executive vice president of the Puerto Rico Bankers Association, is retiring from his post on June 30, when he will be succeeded by Zoimé Álvarez-Rubio, trade group President José Rafael-Fernández announced Tuesday.
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Nationwide Planning enters Puerto Rico market
May 6, 2015
Nationwide Planning Associates, a Financial Industry Regulatory Authority-regulated broker-dealer, has entered the Puerto Rico market to offer its full-service financial model to individuals, businesses, financial intermediaries, and institutions.
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Popular Community Bank gets nod for backing savings
May 6, 2015
Washington-based trade association Financial Services Roundtable recently recognized Popular Community Bank with a “Save 10” award for helping employees prepare for a secure retirement by enabling them to save 10 percent of their income.
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Cuts loom as gov’t confirms $441M deficit for Fiscal ’16
May 5, 2015
Members of Gov. Alejandro García-Padilla’s fiscal team confirmed Monday the government will likely have to implement cutbacks across the board to address the $441 million deficit it is facing for the start of Fiscal 2016.
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AT&T pumps $290M into Puerto Rico network in 3 yrs
May 5, 2015
AT&T said Monday it has invested nearly $290 million in its wireless and wired networks in Puerto Rico between 2012 through 2014, “driving a wide range of upgrades to reliability, coverage, speed and performance for residents and business customers.”
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First BanCorp reports $25.6M in 1Q15 net income
May 5, 2015
First BanCorp., the bank holding company for FirstBank Puerto Rico on Monday reported net income of $25.6 million for the first quarter of 2015, or $0.12 per diluted share, compared to $330.8 million, or $1.56 per diluted share, for the fourth quarter of 2014 and $17.1 million, or $0.08 per diluted share, for the first quarter of 2014.
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Boys & Girls Club creates tourism development program
May 5, 2015
The Boys and Girls Clubs of Puerto Rico, along with the Department of Housing and the Public Housing Administration, recently re-inaugurated its first club at the Ernesto Ramos Antonini housing project in Río Piedras.
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USDA lists repossessed houses for sale in Puerto Rico
May 5, 2015
The U.S. Department of Agriculture’s Rural Development office in Puerto Rico announced Monday the availability of repossessed homes for sale on the island.
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Universia survey: Job opportunities are off the island
May 4, 2015
A recent survey conducted by the Universia-Trabajando.com Labor Community revealed that more than half, or 69 percent, of respondents from Puerto Rico believe that there are more job opportunities outside the island.
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Guayacán hosts high-ranking SBA officer for workshop
May 4, 2015
Samuel J. Boyd, Jr. chief investment officer and director of program development of the office of investment and innovation at the Small Business Administration, visited Puerto Rico this past weekend to take part in a series of events hosted by Grupo Guayacán Inc. as part its ongoing efforts to promote a vibrant risk capital ecosystem on the island.
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Marriott unveils 4-yr, $15M remodel of Condado hotel
May 4, 2015
The San Juan Marriott Resort & Stellaris Casino is showing off the results of a nearly four-year, $15 million renovation project of the iconic Condado-area hotel, which included its 525-room and suites, two restaurants, its casino, meeting rooms and pool area.
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QBE Optima Insurance launches new travel protection
May 4, 2015
Travel is meant to be enjoyed. With that in mind, QBE Optima Insurance Company recently announced a new product, QBE Travel Insurance, to provide travelers protection, security and worldwide coverage.
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DDB Latina Puerto Rico shines in FIAP competition
May 4, 2015
Advertising agency DDB Latina Puerto Rico won a Golden Sun award, three Silver Sun awards and a Bronze Sun award in the most important creative competition of the Spanish-and Portuguese-speaking markets, the Festival Iberoamericano de la Publicidad, for works created for its clients Unilever of Puerto Rico and the Department of Justice.
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