Bankers ‘frustrated,’ monitoring gov’t solutions to crisis
April 28, 2015
The heads of the island’s two largest banks took turns in recent days expressing their concerns about the current fiscal scenario and whether political leaders are willing to make the right decisions to put Puerto Rico’s economy back on track.
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Radisson Ambassador Plaza closing in Condado April 29
April 28, 2015
The Radisson Ambassador Plaza Hotel & Casino San Juan will be closing its doors April 29, citing failed attempts to sell the property during the past year.
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Greenbriar Capital to build 100MW solar project in P.R.
April 28, 2015
Greenbriar Capital Corp. announced Monday its partnership with Atherton Pacific Green of Newport Beach California for engineering, procurement, and construction of the 100 MW "Smart Grid" Montalva Photovoltaic Solar Project in Puerto Rico.
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EVERTEC announces new scholarship program
April 28, 2015
Transaction processing company EVERTEC Inc. announced Monday a new merit and needs based scholarship program, designed to recognize and reward Puerto Rico students who have demonstrated academic success, as well as significant accomplishments in community service.
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Economist: Sense of crisis prevails, decision time is now
April 27, 2015
Going into its eighth year of negative growth, Puerto Rico needs to become accountable for its “sad state” of internal affairs and make a number of necessary decisions to recover growth in fiscal years to come and put an end to the prevailing sense of crisis, said economist firm H. Calero Consulting Group in the most recent edition of its internal publication “Pulse.”
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SBA kicks-off Emerging Leaders training series in P.R.
April 27, 2015
The U. S. Small Business Administration Puerto Rico and U.S. Virgin Islands district office recently kicked-off the first ever Emerging Leaders training series on the island and announced the participants selected for the Class of 2015.
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9 Guaynabo schools recycle 110 tons of materials
April 27, 2015
Nine Guaynabo schools recovered 110 tons of recyclable materials as part of the “Earth Recycling Challenge,” a contest organized by Hugo Neu Environmental in partnership with the town of Guaynabo and the Environmental Awareness Foundation.
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AT&T grants $38K to undergrad Sacred Heart students
April 27, 2015
Sacred Heart University recently received a $38,000 contribution from AT&T to support 31 undergraduate scholarships for students with satisfactory academic performance, financial need, and a demonstrated commitment to their careers will be able to participate.
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Olive Garden to hire 250 for San Patricio restaurant
April 27, 2015
Looking to promote local economic development and job creation, Puerto Rican company Restaurant Operators Inc., announced it is looking to fill 250 slots at its second Olive Garden restaurant expected to open this summer in San Patricio Plaza in Guaynabo.
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UPR-Mayagüez, Ahkeo to build 1st microgrid power lab
April 27, 2015
The University of Puerto Rico in Mayagüez and Ahkeo Holdings LLC, a Puerto Rico based conglomerate focused on renewable energy solutions, recently partnered to establish the island’s first Microgrid Power System Laboratory to develop electrical redistribution options that can either run independently of the Puerto Rico Electric Power Authority and within the network connection, if necessary.
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Momentum builds for and against Ch. 9 inclusion bill
April 23, 2015
U.S. Congress is still “weighing the merits” of H.R. 870, known as the Puerto Rico Chapter 9 Uniformity Act, as momentum builds from outside groups for and against the measure that would authorize the island’s government to restructure its fiscal obligations under Chapter 9 of the U.S. bankruptcy code.
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SME to discuss ‘what’s next’ in May 7-8 conference
April 23, 2015
The Puerto Rico Sales and Marketing Executives Association will hold its annual conference on May 7-8, from 8:30 a.m. to 7:30 p.m., at the Sheraton Puerto Rico Hotel & Casino titled, focusing on “What’s next?” for the industry.
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USDA expands StrikeForce Initiatives to Puerto Rico
April 23, 2015
U.S. Department of Agriculture officials from the agency’s Agricultural Marketing Service, Food and Nutrition Service, Natural Resources Conservation Service, and Rural Development, joined Puerto Rico’s First Lady, Wilma Pastrana on Wednesday to announce the expansion of its StrikeForce for Rural Growth and Opportunity program into Puerto Rico.
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Sun West Mortgage opens new Guaynabo headquarters
April 23, 2015
After four years of having successfully established itself on the island, mortgage finance company Sun West Mortgage Company inaugurated Wednesday its new expanded headquarters in Guaynabo’s Maramar Square, from where it will collaborate with offices in the U.S. mainland and the U.S. Virgin Islands.
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Puerto Rico Restaurant Week returns May 27-June 3
April 23, 2015
Puerto Rico will celebrate the fourth edition of the “Puerto Rico Restaurant Week” gastronomic event, slated to take place from May 27 to June 3.
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