New $13M Bay Shopping City mall coming to Bayamón
March 30, 2015
The new $13 million renovation of the Bay Shopping City mall is in its final stage, paving the way for the opening of the new retail offering in Bayamón during the last quarter of 2015, mall administrators announced.
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Green building growing slowly in Puerto Rico
March 30, 2015
The arresting leaf coverage on the exterior walls of the Banco Popular Foundation's newly inaugurated headquarters in Hato Rey offers the most recent public evidence of the green building revolution that is slowly but progressively taking hold in Puerto Rico.
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Op-Ed: Puerto Rico’s glass is not half empty, but half full
March 30, 2015
The Christian Holy Week (“Pascua,”) as well as the Jewish festival of Passover (Pasach) are upon us.
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New appointments at Aerostar, MoneyHouse
March 30, 2015
Several appointments came down the pipeline over the past week, with executives at the Luis Muñoz Marín Airport and MoneyHouse taking on new responsibilities at their respective employers.
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EcoEléctrica opens SERSKOLA education center
March 30, 2015
Natural gas-based energy company EcoEléctrica recently reaffirmed its commitment to the community by announcing the opening of an education center created under the vision and mission of SER de Puerto Rico-Ponce.
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Fitch slashes Puerto Rico’s GO ratings to ‘B’ from ‘BB-‘
March 27, 2015
Fitch Ratings announced Thursday it has downgraded the Commonwealth of Puerto Rico's general obligation and related debt ratings to 'B' from 'BB-' and placed them on Rating Watch Negative.
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Ballester goes solar with Yarotek, REC Solar grid
March 27, 2015
Puerto Rican food distributor Ballester Hermanos is looking to slash electricity costs with solar electric system through a partnership with Yarotek, a Miami-based solar developer and independent power producer, and solar and energy solutions provider REC Solar, on an 874 kilowatt rooftop solar system.
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Former Rockefeller property in Dorado on sale for $8.5M
March 27, 2015
A historic 3.8-acre property on which Laurance Rockefeller built his estate within one of the Caribbean’s most coveted stretches of oceanfront land, Dorado Beach, is now on the market for $8.5 million, Trillion Real Estate Group announced Thursday.
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The Mall of San Juan opens today with 1/3 of tenants
March 26, 2015
When Puerto Rico’s newest shopping center, The Mall of San Juan, opens today, it will do so with about a third of the tenant mix it expects to populate the 650,000 square-foot retail space by year’s end.
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EDB spurs creation of 217 new businesses, 1,668 jobs
March 26, 2015
The Puerto Rico Economic Development Bank announced Wednesday it has spurred the creation of 217 new businesses since January 2013, through $22.3 million in approved financing.
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Colombia seeks more investment from the Caribbean
March 26, 2015
Colombia’s government promotion agency, Procolombia, is looking to boost foreign direct investment by attracting Caribbean investors who are looking to reach South America, as Colombia is a strategic export platform for the region, including Puerto Rico.
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Santurce’s Colaboratorio opens to promote development
March 26, 2015
The “Colaboratorio,” a collaborative space developed by Foundation for Puerto Rico to serve as the catalyst for Puerto Rico’s economic and social transformation, officially opened its doors for business recently in a ceremony headed by the nonprofit’s chairman, Jon Borschow.
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FirstBank awards ‘Misión Beyond’ sweepstakes winners
March 26, 2015
FirstBank recently awarded the winners of its “Misión Beyond” promotion, thorugh which participants opted for a shopping spree in New York, touring a vineyard in California or a new car.
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The Mall of San Juan offers sneak peek today
March 25, 2015
High-ranking executives from Taubman and New Century Development, Inc. — developers of the $475 million The Mall of San Juan retail complex — will be on hand today to offer a sneak peek of the property to members of the media, a day before it officially opens for business.
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Foundation for Puerto Rico promotes island in CT
March 25, 2015
The Foundation for Puerto Rico is participating for the first time in the New Haven College Fair Consortium 2015, in Conn., to promote “Campus Puerto Rico,” a program with representation from public and private universities that band together to advocate for Puerto Rico as an academic destination.
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