Puerto Rico to host ’15 Site Selectors Guild conference
August 13, 2014
The Puerto Rico Industrial Development Company and the Site Selectors Guild announced Tuesday that Puerto Rico has been selected as the host city of the 2015 Site Selectors Guild Annual Conference.
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H+K Puerto Rico licenses social media measurement tool
August 13, 2014
H+K Puerto Rico recently acquired a license for the use of the Sysomos Media Analysis Platform, a research and analytics platform for social media and web-based news media.
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Court orders Doral, Treasury to negotiate tax refund deal
August 12, 2014
The saga between Doral Financial Corp. and the Puerto Rico Treasury Department that began earlier this summer took another turn recently, when a local court ordered the parties to sit down and negotiate an agreement that would grant the bank a $229 million tax refund.
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Popular Community Bank closes sale of Illinois branches
August 12, 2014
Popular Inc. announced Monday that Popular Community Bank, its U.S. banking subsidiary, completed the previously announced sale of its Illinois regional operations to First Midwest Bank, the wholly owned subsidiary of First Midwest Bancorp Inc.
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Walmart to sell Puerto Rico-made HDTV antennas
August 12, 2014
As part of its program to support Puerto Rican industry, Walmart Puerto Rico announced Monday an agreement with local company Antenas del Caribe to purchase HDTV antennas manufactured in the island to sell at its chain.
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Engineers, Surveyors re-elect Rodríguez to presidency
August 12, 2014
Engineer Edgar I. Rodríguez-Pérez was reelected as president of the College of Engineers and Surveyors of Puerto Rico, during the trade group’s recently concluded annual convention.
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Economic lessons Puerto Rico can learn from Taiwan
August 11, 2014
TAIPEI — Both are relatively tiny islands that have complicated relationships with the giant superpowers that claim them. Both use tax incentives to lure U.S. factories to their shores — despite the absence of full-fledged embassies in Washington — and the political status of both islands is a never-ending source of debate among local voters.
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Stack Sandwich Factory urges ‘eating with a purpose’
August 11, 2014
Philanthropy and the private sector are two concepts that pretty much go hand-in-hand, as companies constantly seek to align themselves with the communities they serve.
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House Speaker presents pro-small biz initiatives in D.C.
August 11, 2014
Puerto Rico House of Representatives Speaker Jaime R. Perello-Borrás, met with Small Business Administration Chief Maria Contreras-Sweet, to present the profile of the island’s small and mid-sized businesses and find better alternatives for the development and retention of this sector that is key to strengthening the island’s economy.
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Preliminary July revenue reaches $624M, up 26% YOY
August 8, 2014
The Puerto Rico Treasury Department reported Thursday preliminary revenue for July 2014, the first month of the current fiscal year, reached $624 million, up $129 million, or 26 percent, from the total on record for the same month last year.
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Ford Conservation Grants program in its 13th edition
August 8, 2014
Ford announced Thursday the 13th edition of the Conservation and Environmental Grants, the annual program through which the automaker supports individuals and nonprofit organizations in projects that promote environmental conservation in Puerto Rico.
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San Juan cargo volumes fall 10.8% YOY in FY13
August 7, 2014
The Port of San Juan ranked 11th among U.S. ports in containerized cargo in 2013, but the same organization that compiled that listing also shows San Juan as suffering one of the sharpest drops in traffic from the year before.
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Fitch: Ch. 9 extension would be a positive for Puerto Rico
August 7, 2014
The extension of Chapter 9 provisions governing the adjustment of municipal debt in Puerto Rico would be a positive and important development for Puerto Rico and holders of debt of its public utilities and public instrumentalities, Fitch Ratings said Wednesday.
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Nova Southeastern Univ. opens campus in Puerto Rico
August 7, 2014
Nearly two decades after first inserting itself into Puerto Rico’s pharmacy education setting through partnerships with local colleges, Nova Southeastern University will open the doors this month to its own stand-alone campus to further its mission of preparing professionals.
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Puerto Rico farmers still on time to apply for USDA funds
August 7, 2014
Puerto Rico farmers and ranchers still have time to apply for low interest 2014 loans available through the U.S. Department of Agriculture’s Farm Service Agency’s direct farm ownership program.
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