Top Local News Headlines

These are the top local news stories from News is my Business for Wednesday, July 26, 2017.

Paradores full last weekend, despite holiday changes

Published 26 July 2017, 5:01 am
The confusion caused by the repeal of traditional July holidays and misleading ads about inns offering sub-par services caused Puerto Rico’s small inns to experience a delay in reservations last weekend, which nonetheless exceeded 90 percent occupancy, Paradores de Puerto Rico executives said. Read More →

Medicinal Cannabis courses tempered to new Law 42

Published 26 July 2017, 5:00 am
Following the signing of the new Law 42-2017 regulating the local medicinal cannabis industry, Puerto Rico Legal Marijuana is ramping up its educational services to doctors and patients regarding the correct use of the marihuana flower. Read More →

Marazzi to stay at Statistics Institute; La Fortaleza balks

Published 25 July 2017, 5:02 am
The Board of Directors of the Puerto Rico Institute of Statistics announced Monday the appointment of Mario Marazzi-Santiago as executive director for a second 10-year term. Read More →

Study: Independent digital media under attack in LatAm

Published 25 July 2017, 5:01 am
SembraMedia, a nonprofit that supports entrepreneurial journalists, in partnership with Omidyar Network published “Inflection Point,” the most comprehensive study to date on the growth, impact, and threats to independent digital media in Latin America. Read More →

Ponce Health Sciences Univ. launches new MS degree

Published 25 July 2017, 5:00 am
Starting in August, Ponce Health Sciences University (PHSU) will offer Puerto Rico's newest Master of Science in School Psychology degree, school officials announced Monday. Read More →

Doctors, restaurants lead Jan.-June bankruptcy petitions

Published 24 July 2017, 5:05 am
During the first six months of the year, 17 medical doctors filed for bankruptcy protection, reporting more than $23.5 million in combined debt to the court, a report by research firm Boletín de Puerto Rico confirmed. Read More →

Oriental: Uncertainty looms about PR debt restructuring

Published 24 July 2017, 5:04 am
Upon releasing second quarter results, Oriental Financial Group President José Rafael Fernández said despite solid performance, there is a “great deal of uncertainty” moving forward about the economic impact from Puerto Rico’s fiscal restructuring. Read More →

Foundation for PR to develop 1st visitor economy profile

Published 24 July 2017, 5:03 am
The Foundation for Puerto Rico and Estudios Técnicos will work together to develop the first economic model of the island’s visitor economy, which is expected to be ready by September. Read More →

DDR sponsors ‘Say Present This Back-To-School’ drive

Published 24 July 2017, 5:02 am
DDR Corp., which owns 12 shopping centers in Puerto Rico, announced the start of its "Say Present This Back-To-School” community effort that begins today to provide healthy snacks to 2,100 low-income children from public schools and areas of extreme poverty on the island. Read More →

Coliseo de PR remains Caribbean’s top ranked venue

Published 24 July 2017, 5:01 am
As it approaches its 13th anniversary celebration, the Coliseo de Puerto Rico announced it remains the top ranked venue in the Caribbean, according to Pollstar Magazine. Read More →

Architects open call for ’17 Henry Klumb award

Published 24 July 2017, 5:00 am
The Puerto Rico Architects and Landscape Architects announced the start of nominations for the Henry Klumb award, which recognizes the work of architects who emulate the spirit of the German-born professional. Read More →

Treasury: FY ’17 collections exceed $9.3B, up 1.7% YOY

Published 21 July 2017, 5:01 am
Puerto Rico’s net revenue recorded to the General Fund for Fiscal 2017 (July-June) exceeded $9.3 billion, representing a $159.6 million, or 1.7 percent, increase when compared to Fiscal Year 2015-16, Treasury Secretary Raúl Maldonado-Gautier said Thursday. Read More →

Medicinal cannabis forum MedCann.Biz slated for Oct.

Published 21 July 2017, 5:00 am
Renowned international experts on the subject of medicinal cannabis will come together for the third edition of Puerto Rico MedCann.Biz, which will take place on Oct. 5-6 at the Sheraton Hotel Convention Center in San Juan, organizers announced Thursday. Read More →

Frontier Airlines’ expansion to pump $14.5M into PR

Published 20 July 2017, 5:02 am
A little more than a month after it launched its service in Puerto Rico, low-cost carrier Frontier Airlines announced this week additional routes that will pump $14.5 million into the island’s economy, Gov. Ricardo Rosselló said Wednesday. Read More →

Ford opens call for yearly environmental grants program

Published 20 July 2017, 5:01 am
With the aim of empowering communities on the island to pursue a more sustainable future, Ford Puerto Rico launched Wednesday an open call for its annual Ford Environmental Grants program. Read More →

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