Top Local News Headlines
These are the top local news stories from News is my Business for Sunday, April 22, 2018.
Grameen P.R. seeks to raise $3M to help 2,500 women entrepreneurs
Published 20 April 2018, 5:03 am
Nonprofit microfinance organization Grameen Puerto Rico is bringing together leading financial institutions and other partners to galvanize investment in local low-income women entrepreneurs in the wake of the devastation caused by Hurricane María last year.
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P.R.’s AgBio sector represents economic benefits, job creation
Published 20 April 2018, 5:02 am
The companies that make up part of the biotechnical agricultural industry in Puerto Rico generate, for each invested dollar in the industry through incentives and tax credits, a return on investment of $5.36 for the local economy, with a net benefit of $65 million.
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MAG Film Studios, a film distribution co., opens in P.R.
Published 20 April 2018, 5:01 am
After several years of planning and international negotiations, MAG Film Studios was presented as the first Puerto Rican company focused on the distribution and production of films, documentaries, and educational content that are profitable internationally, company executives said.
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MCS, Popular Inc. appoint new execs to their ranks
Published 20 April 2018, 5:00 am
Medical Card System Inc. and Popular Inc. made high-ranking executive appointments this week, filling top positions with local professionals.
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CDI Laboratories Inc. opens $17M biotech lab in Mayagüez
Published 19 April 2018, 5:04 am
CDI Laboratories Inc., Puerto Rico's first facility dedicated to the research, development and commercialization of biotechnology products, has opened a $17 million facility in Mayagüez.
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P.R. farmers get $1.7M financial boost from P.R. Farm Credit
Published 19 April 2018, 5:03 am
As part of its commitment to the island's agriculture, Puerto Rico Farm Credit will pay $1.7 million in 2017 dividends to its client-shareholders this month, the agency announced.
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dotPR addresses remain operational despite islandwide power outage in P.R.
Published 19 April 2018, 5:01 am
Gauss Research Laboratories, the .PR ccTLD manager, confirmed that addresses remain up and running and will work worldwide despite the power problems facing Puerto Rico, which experienced an islandwide blackout Wednesday.
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Girl Scouts to sell items at “Hecho en Puerto Rico” store at Plaza Las Américas
Published 19 April 2018, 5:00 am
The members of the Caribe Girl Scouts have joined the April celebration of “Puerto Rican Industry Month” by selling articles at the "Hecho en Puerto Rico" store of the Puerto Rico Products Association in Plaza Las Américas, the group announced.
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P.R. sets backdrop to Hollywood film ‘Primal;’ Rosselló touts $31M budget
Published 18 April 2018, 5:04 am
Puerto Rico will set the stage for yet another Hollywood film production, “Primal” starring Oscar winner Nicolas Cage, Gov. Ricardo Rosselló announced.
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sonnen microgrid brings power, shelter, relief to Lares farming community
Published 18 April 2018, 5:03 am
Intelligent residential energy storage provider sonnen announced the commissioning of a solar + smart energy storage microgrid that delivers energy security and sustainability to a community of rural farmers in Lares.
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Liberty opens free high-speed Wi-Fi hotspot in Yabucoa
Published 18 April 2018, 5:02 am
Liberty Puerto Rico has activated a free high-speed Wi-Fi Internet hotspot in Yabucoa to provide internet connection to the people of that municipality while the company completes infrastructure repairs in that area, it confirmed.
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USDA earmarks $5M to fight opioid crisis in rural America, including P.R.
Published 18 April 2018, 5:01 am
The U.S. Department of Agriculture is setting aside $5 million to fund two key grant programs to address opioid misuse in rural communities, Assistant to the Secretary for Rural Development Anne Hazlett announced.
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‘Hecho con Éxito, Hecho con FirstBank’ program back for SMEs
Published 18 April 2018, 5:00 am
During the first weeks of April, FirstBank resumed its "Hecho con Éxito, Hecho con FirstBank" program aimed at supporting the island’s small business segment’s operations after Hurricane María, the bank announced.
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Air Master Awning expands in Barceloneta through $6.5M investment
Published 17 April 2018, 5:03 am
Air Master Awning, LLC announced an investment of some $6.5 million to expand its facilities in Barceloneta and create 550 additional jobs over three years.
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bMedia outdoor advertising co. acquires Lamar’s assets in P.R.
Published 17 April 2018, 5:02 am
bMedia Group, a Puerto Rico company founded in 2008 closed on the acquisition of the assets of Lamar Advertising of Puerto Rico, from Lamar Advertising Company, a multinational outdoor advertising company.
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