Gov’t backs extending Roosy Roads Authority law
August 6, 2014
High-ranking García-Padilla administration officials this week backed the proposed extension of Law 508 to stretch the life of the Roosevelt Roads Local Redevelopment Authority for an additional 30 years.
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EDB, ADSEF join to push community biz development
August 6, 2014
As part of an initiative to promote the development of small businesses among low-income families, the Economic Development Bank for Puerto Rico and the Family Department's Socio-Economic Development Administration, known as ADSEF, have joined forces help those participating in the islandwide Economic and Social Rehabilitation program.
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Auto dealer offers up to $3K to help consumers upgrade
August 6, 2014
Given the large volume of people driving around cars that have surpassed their useful life in the market, a Puerto Rican auto dealership has come up with an incentive to help consumers upgrade to a newer unit.
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Sacred Heart University announces new president
August 5, 2014
Sacred Heart University in Santurce has a new president, Gilberto Marxuach-Torrós, named by the institution’s trustees to succeed José Jaime Rivera, who announced his resignation in February after heading the Catholic college for more than two decades.
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Eco friendly food ware gaining foothold in Puerto Rico
August 5, 2014
Businesses throw tens of thousands of plastic cups, dishes, cutlery and containers in the garbage each day but growing interest in sustainable alternatives for food service disposables is spelling success for a small company devoted to biodegradable and recyclable food ware.
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Nagnoi nabs Microsoft honors for work in health, big data
August 5, 2014
Puerto Rican company Nagnoi, LLC was recognized by multinational corporation Microsoft during its Annual World Partner Conference held in Washington, D.C. last month.
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Small biz startups vie for 50 cash prizes from SBA
August 5, 2014
The U.S. Small Business Administration has received more than 800 applications from accelerators and incubators hoping to win one of 50 cash prizes of $50,000 each in the SBA’s first Growth Accelerator Fund competition.
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Economist: Solving PR’s power costs conundrum feasible
August 4, 2014
The island’s electricity costs — significantly high in comparison to most competitive economies — could be solved by making a series of difficult choices to fix the Puerto Rico Electric Power Authority’s escalating problems and take advantage of a new energy order that is driving down prices around the globe.
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Puerto Rico’s economic activity slides on public payroll
August 4, 2014
Puerto Rico’s economic activity index for the month of June showed a 1.0 percent year-over-year reduction, after showing a 1.1 percent YOY decrease in June 2014.
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Puerto Rico to host regional telecom conference
August 4, 2014
Puerto Rico will host this year’s annual Latin American Forum of Telecommunications Regulators convention in November, when industry representatives from the region will convene to discuss and seek solutions to current issues.
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Hoteliers tell Senate of ‘Porta del Sol’ shortcomings
July 31, 2014
The head of the Puerto Rico Small Inn Owners Association, Tomás Ramírez, told lawmakers Wednesday that the so-called Porta del Sol strategic plan for the island’s western flank has had “a disjointed and slow implementation.”
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Engineers, Surveyors host Costa Concordia conference
July 31, 2014
The Puerto Rico Professional College of Engineers and Surveyors will present a conference on the rescue of the Costa Concordia cruise ship, offered by the collapsed ship’s salvage master, Captain Nick Sloane, who was responsible for directing the work of refloating the vessel that ran aground off the coast of Italy.
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Panel warns of Caribbean’s dependence on Petrocaribe
July 31, 2014
With the Venezuelan economy worsening and residents of Caracas unable to buy diapers or even toilet paper due to foreign-exchange shortages, how much longer will Venezuela be able to subsidize cheap oil for its political allies throughout the Caribbean and Central America.
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Meet Puerto Rico establishes ‘Customer Advisory Board’
July 31, 2014
Meet Puerto Rico, the organization in charge of bringing groups and conventions to Puerto Rico, announced the creation of its new Customer Advisory Board, comprising 11 professionals representing a diverse mix of companies — from associations, corporations and third party planners.
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Ponce nonprofit gets $20K from Monsanto Fund
July 31, 2014
The Centro Madre Dominga Casa Belén in Ponce received a $20,000 donation from the Monsanto Fund to install a new computer system to provide training to the participants of the Center and optimize its administration, the entities recently announced.
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