SAP Caribbean Forum to take place in Puerto Rico
August 19, 2014
SAP Caribbean Forum, an event focusing on technology and business in the region, will be held Aug. 28 at the La Concha Hotel in San Juan, when local and international entrepreneurs and experts affiliated with the software company will meet and present the latest advances and technologies aiming to usher in “a new era of efficiency and competitiveness.”
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PREPA reaches deal with creditors for payments due
August 15, 2014
The Puerto Rico Electric Power Authority announced Thursday that discussions with its creditors have resulted in agreements that provide the agency with a “consensual path forward to improve its operations and financial situation.”
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8 groups submit credentials to develop Roosy Roads
August 15, 2014
The Local Redevelopment Authority for Roosevelt Roads announced Thursday that eight groups submitted their statement of qualifications in response to a Request for Qualifications published in June seeking developers for some 3,000 acres of land at the former naval base in Ceiba.
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Claro connects 3 more sectors to broadband network
August 15, 2014
Telecommunications provider Claro de Puerto Rico announced Thursday it has added sectors in Yauco, Utuado and Naranjito to its broadband network expansion project, benefitting some 40,000 homes and more than 1,780 families.
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Hard Rock Café Puerto Rico to reopen in December
August 14, 2014
Following a two-year absence, Puerto Rico will once again be the host to a Hard Rock Café restaurant location, slated to open in December in the Condado area.
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Puerto Rico automakers report ‘grave’ July results
August 13, 2014
Puerto Rico automakers sold a meager 6,324 units last month, representing a 21.3 percent year-over-year drop and marking the sixth consecutive month the sector has seen a reduction in activity, the United Automobile Importers Group said Tuesday.
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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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