Fogo de Chão opens 1st eatery in Puerto Rico today
February 9, 2015
Southern Brazilian Steakhouse, Fogo de Chão, known for it’s upscale “churrasco” cuisine, is opening its doors in San Juan today, marking the arrival of the chain to Puerto Rico and the Caribbean.
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Join a Join drives Puerto Rico’s vacation rental market
February 9, 2015
Join a Join, an online platform that offers travelers safe and cost-effective alternatives to hotel stays, has signed up more than 800 rental properties across Puerto Rico since it began operating in late 2013 to promote a new way of experiencing the island.
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Education, tech firm Declara partner for online platform
February 9, 2015
The Puerto Rico Department of Education recently partnered with Silicon Valley-based Declara to launch a pilot project to connect secondary-level teachers on a single content-rich platform where they will develop professional learning communities, support each other in their endeavors, share best practices and success stories.
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Guayacán, Entrepreneurs Organization launch challenge
February 9, 2015
Grupo Guayacán Inc. and Entrepreneurs Organization announced a partnership to support student entrepreneurs by hosting a local qualifying competition for EO’s Global Student Entrepreneur Awards, q global competition for student entrepreneurs who actively run a for-profit business, while attending a college or university.
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Reality Realty opens new $1M branch in Santurce
February 9, 2015
Puerto Rican real estate firm Reality Realty recently opened a new branch in Santurce, following a $1 million investment for the 6,000 square-foot location.
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First BanCorp. reports net income of $26.3M for 4Q14
February 6, 2015
First BanCorp., the bank holding company for FirstBank Puerto Rico, on Thursday reported net income of $26.3 million for the fourth quarter of 2014, or $0.12 per diluted share, compared to $23.2 million, or $0.11 per diluted share, for the third quarter of 2014 and $14.8 million, or $0.07 per diluted share, for the fourth quarter of 2013.
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Community pharmacies still ahead with local consumers
February 6, 2015
Community pharmacies continue holding a preferential place among Puerto Rican consumers, particularly as it relates to the purchase of prescription drugs, according to the findings of the second edition of “Marketing Research in Puerto Rico: Recipe for the ideal drugstore,” commissioned by Droguería Betances and Bayer’s consumer division.
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AT&T ranks highest in J.D. Power ’15 wireless study
February 6, 2015
AT&T announced Thursday it has ranked highest in customer service, according to the latest J.D. Power study. In the “2015 Wireless Customer Care Full Service Study, Volume 1,” the carrier outscored other full-service wireless providers for the overall customer service experience, it said in a statement.
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Tax reform proposes new 16% goods and services levy
February 5, 2015
The tax overhaul currently being discussed at the highest levels of government, based on an analysis by KPMG Accounting Services, would shore up as much as $6 billion a year for the public coffers, based on the application of a new 16 percent goods and services tax, according to the report released Wednesday.
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T-Mobile grows LTE footprint, eases smartphone access
February 5, 2015
Wireless carrier T-Mobile continues to expand its 4G LTE coverage in Puerto Rico with the inclusion of more than 25 towns and 90 percent of the population into its network, General Manager Jorge Martel said Wednesday.
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San Juan ‘Global Shapers’ hub wins Coca Cola challenge
February 5, 2015
A group of young leaders from San Juan were among the 2014 winners of The Coca-Cola Company’s “Shaping a Better Future Grant Challenge,” a competition exclusively for members of the World Economic Forum’s Global Shapers community.
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‘Mother of all Tomatoes’ campaign promotes harvest
February 5, 2015
Santa Isabel-based fresh produce distributor Caribbean Produce Exchange recently launched a new marketing campaign under the “The Mother of All Tomatoes” slogan to promote and support the local tomato harvest produced by the Gargiulo Puerto Rico farm, which is a partner in the effort, said Gualberto Rodríguez III, president of CPE.
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Court orders Treasury to release KPMG tax reform report
February 4, 2015
Saying the Commonwealth failed to justify its reasons for not doing so, the San Juan Superior Court on Tuesday ordered the Puerto Rico Treasury Department to make public the report produced by KPMG Accounting Services that is being used to shape the upcoming tax reform.
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Lush Cosmetics to open 1st store in Puerto Rico in March
February 4, 2015
Lush Fresh Handmade Cosmetics, the British born ethical cosmetic retailer that offers vegetarian products for skin and hair, will open its first store in Puerto Rico at The Mall of San Juan on March 26.
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Prouty to greet Site Selectors Guild at annual conference
February 4, 2015
Investment magnate Nicholas Prouty, founder and CEO of Putnam Bridge, will deliver the official welcome message during the opening event of the 2015 Site Selectors Guild Annual Conference on Feb. 24 in San Juan, the Puerto Rico Industrial Development Company and the Site Selectors Guild announced Tuesday.
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