Zeno Gandía Credit Union marks 60th anniversary
March 2, 2015
The Dr. Manuel Zeno Gandía Credit Union recently marked six decades of doing business in Puerto Rico, where the cooperative movement has continued growing despite the protracted fiscal crisis.
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Medtronic grants $300K in health funds to local entities
March 2, 2015
As part of its 40th anniversary celebration on the island, Medtronic Puerto Rico awarded $300,000 in health grants to five Puerto Rican nonprofit entities to support them in their quest to increase access to the treatment of chronic diseases in disadvantaged communities.
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Meet Puerto Rico promotes events industry in Colombia
March 2, 2015
Colombia and Puerto Rico recently tightened trade relations in the groups and conventions segment, with a presentation by Meet Puerto Rico to more than 80 travel and tourism business professionals from Colombia, said Milton Segarra, president of the agency also known as the Puerto Rico Convention Bureau.
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ALPFA hosts excel workshop for college students
March 2, 2015
The Puerto Rico chapter of the Association of Latino Professionals for America, known as ALPFA, recently hosted its second annual Excel workshop program during which a group of undergraduate students from different universities had the opportunity to learn the software program.
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FDIC, OCIF order closing of Puerto Rico’s Doral Bank
February 27, 2015
Following weeks and months of speculation about its fate, the Puerto Rico Office of the Commissioner of Financial Institutions and the Federal Deposit Insurance Corporation, announced Friday the closing of Doral Bank’s local and stateside operations.
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Giuliani: P.R. must focus on security for economic dev’t
February 27, 2015
Former New York City Mayor Rudy Giuliani urged Puerto Rico leaders to place making the island a secure place to visit, live and do business a top priority, because it will ultimately lead to economic development.
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P.R. needs laws to restructure public debt, investor says
February 27, 2015
Hedge fund manager Mohnish Prabai, who last year established an investment firm in Old San Juan, said Thursday Puerto Rico will find a “huge competitive advantage” in having the necessary legal tools to be able to restructure public debt.
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Puerto Rico’s bid for Ch. 9 inclusion heard in Congress
February 27, 2015
The U.S. House Judiciary Committee’s Subcommittee on Regulatory Reform, Commercial and Antitrust Law held a hearing Thursday on H.R. 870, known as the “Puerto Rico Chapter 9 Uniformity Act of 2015,” which drew a bi-partisan delegation from the island to express support for inclusion.
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FCC, REGULATEL sign MOU to manage regional efforts
February 27, 2015
The Latin American Forum of Telecommunications Regulators, known as REGULATEL, and the Federal Communications Commission’s International Bureau recently signed a memorandum of understanding to establish a cooperative relationship between both organizations to direct regional initiatives.
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FDIC, Court deliver twin blows to ailing Doral Bank
February 26, 2015
Doral Bank was on the receiving end of major blows by the Federal Deposit Insurance Corp. and the Appellate Court Wednesday, just before it's time as a member of Puerto Rico’s financial community could come to an end.
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Redesigned Nissan Murano ’15 hits Puerto Rico roads
February 26, 2015
Automaker Nissan is setting the bar high for the third generation, 2015 Murano mid-sized crossover, expecting it to sell at a rate of 60 units per month in Puerto Rico, Juan Santana-Chea, commercial director for the company, said Wednesday.
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Drinking water to be focus of AIDIS-Puerto Rico congress
February 26, 2015
Issues and challenges related to drinking water, climate change and its impact on water bodies, new water purification technologies will be some of the main discussions of the XII Puerto Rican Congress of Sanitary Engineering and Environmental Sciences that will be held March 4-6 at the Metropolitan Campus of the Inter American University.
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Critical Hub extends Optico Fiber broadband service
February 25, 2015
Broadband service provider Critical Hub announced Tuesday it has opened more than 25 Optico Fiber “fiberhoods” in the San Juan area to provide gigabit-speed Internet.
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5 more tenants sign up to The Mall of San Juan mix
February 25, 2015
Camicissima Milano, Geox Shoes and Invicta Watches are the three most recent retailers adding their names to The Mall of San Juan’s tenant mix, this media outlet learned Tuesday. That drives the number of confirmed retailers to nearly three dozen.
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‘Productive financing’ driving social, economic dev’t
February 25, 2015
Productive financing, or financial products and services granted for the development of entrepreneurs who have no access to the conventional financial system, is the most effective way to fight poverty and inequality, said Manuel Méndez del Río, president of the BBVA Microfinance Foundation, during a conference this week.
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