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Top Local News Headlines

These are the top local news stories from News is my Business for Monday, March 2, 2015.

IHOP to host 2nd annual ‘National Pancake Day’ in P.R.

Published 2 March 2015, 4:40 pm
IHOP in Puerto Rico will host their second “National Pancake Day” tomorrow, upholding the chain’s tradition of giving away pancakes to clients who visit the restaurant that day, in exchange for a donation to support the San Jorge Children’s Foundation. Read More →

‘Net neutrality’s’ effect uncertain on P.R.’s telecom sector

Published 2 March 2015, 9:07 am
The effects of the recently approved “net neutrality” will have on Puerto Rico’s telecommunications industry are still uncertain, because the public and private sectors are holding off until the official order is released to either celebrate or voice their opposition, this media outlet learned. Read More →

Census: P.R. manufacturing shipments drop 4.5% in ’12

Published 2 March 2015, 9:06 am
Puerto Rico's overall manufacturing sector reported $76.6 billion in total value of shipments for 2012, down 4.5 percent from $80.2 billion in 2007, according to the U.S. Census Bureau's Economic Census of Island Areas. Read More →

Senate to vote on ‘anti-Uber’ bill that skipped hearings

Published 2 March 2015, 9:05 am
The Puerto Rico Senate will put to a vote today Bill 1209, which seeks to establish public policy and regulate the operation of mobile application-based transportation network companies, or TNCs such as San Francisco’s Uber, in Puerto Rico. Read More →

Costa Rica wants to expand ties with U.S., Caricom, P.R.

Published 2 March 2015, 9:04 am
WASHINGTON — Costa Rica wants to expand its trade ties with the 15-member Caribbean Community (Caricom) as well as with Puerto Rico, said the country’s foreign minister, Manuel Antonio González-Sanz, during a visit to the United States […] Read More →

Zeno Gandía Credit Union marks 60th anniversary

Published 2 March 2015, 9:03 am
The Dr. Manuel Zeno Gandía Credit Union recently marked six decades of doing business in Puerto Rico, where the cooperative movement has continued growing despite the protracted fiscal crisis. Read More →

Medtronic grants $300K in health funds to local entities

Published 2 March 2015, 9:03 am
As part of its 40th anniversary celebration on the island, Medtronic Puerto Rico awarded $300,000 in health grants to five Puerto Rican nonprofit entities to support them in their quest to increase access to the treatment of chronic diseases in disadvantaged communities. Read More →

Meet Puerto Rico promotes events industry in Colombia

Published 2 March 2015, 9:01 am
Colombia and Puerto Rico recently tightened trade relations in the groups and conventions segment, with a presentation by Meet Puerto Rico to more than 80 travel and tourism business professionals from Colombia, said Milton Segarra, president of the agency also known as the Puerto Rico Convention Bureau. Read More →

ALPFA hosts excel workshop for college students

Published 2 March 2015, 9:00 am
The Puerto Rico chapter of the Association of Latino Professionals for America, known as ALPFA, recently hosted its second annual Excel workshop program during which a group of undergraduate students from different universities had the opportunity to learn the software program. Read More →

FDIC, OCIF order closing of Puerto Rico’s Doral Bank

Published 27 February 2015, 10:11 pm
Following weeks and months of speculation about its fate, the Puerto Rico Office of the Commissioner of Financial Institutions and the Federal Deposit Insurance Corporation, announced Friday the closing of Doral Bank’s local and stateside operations. Read More →

Giuliani: P.R. must focus on security for economic dev’t

Published 27 February 2015, 9:04 am
Former New York City Mayor Rudy Giuliani urged Puerto Rico leaders to place making the island a secure place to visit, live and do business a top priority, because it will ultimately lead to economic development. Read More →

P.R. needs laws to restructure public debt, investor says

Published 27 February 2015, 9:03 am
Hedge fund manager Mohnish Prabai, who last year established an investment firm in Old San Juan, said Thursday Puerto Rico will find a “huge competitive advantage” in having the necessary legal tools to be able to restructure public debt. Read More →

Puerto Rico’s bid for Ch. 9 inclusion heard in Congress

Published 27 February 2015, 9:02 am
The U.S. House Judiciary Committee’s Subcommittee on Regulatory Reform, Commercial and Antitrust Law held a hearing Thursday on H.R. 870, known as the “Puerto Rico Chapter 9 Uniformity Act of 2015,” which drew a bi-partisan delegation from the island to express support for inclusion. Read More →

FCC, REGULATEL sign MOU to manage regional efforts

Published 27 February 2015, 9:01 am
The Latin American Forum of Telecommunications Regulators, known as REGULATEL, and the Federal Communications Commission’s International Bureau recently signed a memorandum of understanding to establish a cooperative relationship between both organizations to direct regional initiatives. Read More →

Golden Mile building The Hato Rey Center, to be updated

Published 27 February 2015, 9:00 am
Puerto Rico’s financial district will have a key player, The Hato Rey Center, renovated and brought up-to-date with state-of-the-art equipment, and its façade brought back to its original grandeur, building owner NAI Puerto Rico said Thursday. Read More →

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