Caribbean Business articles from April 1991

Caribbean Business archives from April 1991

Liquid gold: PRASA and the high cost of tap water in Puerto Rico. (Puerto Rico Aqueduct and Sewer Authority) (Cover Story)
April 4, 1991... Liquid gold PRASA and the high cost of tap water in Puerto Rico Consumers' water bills in Puerto Rico are significantly higher than the average water bill on the U.S. mainland, yet the quality of the drinking water is average and the...

Abela Catering to be sold to SkyChef, AAS: former American Airlines company hopes to close deal by mid-April, eliminate competition in P.R. airline rating. (Airport Aviation Services)
April 4, 1991... Abela Catering to be sold to SkyChef, AAS Former American Airlines company hopes to close deal by mid-April, eliminate competition in P.R. airline catering The sale of Abela Catering to SkyChef, one of the largest airline caterers in the...

Marmoles Vassco planning $15 million expansion: company will export marble products to States and increase work force to 350-400 in Puerto Rico, 150-200 in D.R. (Dominican Republic)
April 4, 1991... Marmoles Vassco planning $15M expansion Company will export marble products to States and increase work force to 350-400 in Puerto Rico, 150-200 in D.R. Marmoles Vassco is planning to undertake a $15 million expansion of its marble mining...

Steri-Tech buys apparel plant in Grenada: Puerto Rico firm to establish twin-plant operations engaged in production of disposable apparel products.
April 4, 1991... Steri-Tech buys apparel plant in Grenada Puerto Rico firm to establish twin-plant operations engaged in production of disposable apparel products Steri-Tech Inc., a small Puerto Rico firm engaged in disposable apparel manufacturing and...

Another EER company files for bankruptcy. (Caribe Rental Car Corp., Emerito Estrada Rivera)
April 4, 1991... Another EER company files for bankruptcy Caribe Rental Car Corp., an auto rental business owned by Emerito Estrada Rivera, filed for Chapter 11 with the U.S. Bankruptcy Court for the District of Puerto Rico on March 25. According to...

Ponce Federal enters delicate times: shareholders asked to be patient in restructuring; switch to national bank, capital infusion in works. (Ponce Federal Bank F.S.B.)
April 4, 1991... Ponce Federal enters delicate times Shareholders asked to be patient in restructuring; switch to national bank, capital infusion in works These are delicate times for Hans Hertell, the 39-year-old president of Ponce Federal Bank F.S.B. On...

Vasallo and GE sign pact: multi-national firm to market local companies' products; agreement allows firms to capitalize on their strengths. (Industrias Vassallo Inc., General Electric del Caribe)
April 4, 1991... Vassallo and GE sign pact Multi-national firm to market local companies' products; agreement allows firms to capitalize on their strengths Industrias Vassallo Inc., the Puerto Rico manufacturer of polyvinyl chloride (PVC) pipes and...

Aca Joe to make old S.J. debut. (San Juan, Puerto Rico)
April 4, 1991... Aca Joe to make Old S.J. debut The Mexican sports wear chain, Aca Joe, will soon open its first store in Puerto Rico on Fortaleza Street in Old San Juan. The inauguration of the new business is scheduled for this week. The...

Mother's Day may save the day for retailers: bad start to year seems to have taken turn for better, last month's sales lead experts to predict increase.
April 4, 1991... Mother's Day may save the day for retailers Bad start to year seems to have taken turn for better, last month's sales lead experts to predict increase Retail industry projections for 1991 say that this year will not be such a bad one,...

Lufthansa adds SJ-Frankfurt flight. (Deutsche Lufthansa AG, San Juan)
April 4, 1991... Lufthansa adds SJ-Frankfurt flight Although several major European airlines serving Puerto Rico are in the process of scaling back their operations as a result of the war in the Persian Gulf and the economic slowdown affecting the industry,...

Upturn in occupancy rates cheers hoteliers.
April 4, 1991... Upturn in occupancy rates cheers hoteliers |Disastrous' winter season comes to an early close; March occupancy expected to be 80% for many hotels After what turned out to be a disastrous winter tourism season, local hoteliers are starting...

Sands to miss April 1 bond payment deadline. (Sands Hotel and Casino)
April 4, 1991... Sands to miss April 1 bond payment deadline The Sands Hotel & Casino will be unable to make its semi-annual interest payment to bond holders due on April 1, 1991, according to Richard E. Abati, vice president and general manager of the hotel....

McDonald's to open Stop 22 restaurant: chain plans to open 3,000-square-foot Santurce eatery by July when $9.5M renovation of building is completed.
April 4, 1991... MacDonald's to open Stop 22 restaurant Chain plans to open 3,000-square-foot Santurce eatery by July when $9.5M renovation of building is completed Once the renovation of one of Santurce's most deteriorated properties is completed in July,...

STSJ gears up for bigger market share. (STSJ Overseas Telephone Co.)
April 4, 1991... STSJ gears up for bigger market share Aggressive strategy includes offering medium and large businesses products such as CENTS overseas discount line STSJ Overseas Telephone Company is gearing up to increase its share of the local long...

226 Caribbean wildlife species in trouble: federally sponsored organization considers 156 species endangered and 70 components of vulnerable communities. (Ad Hoc Group of Experts for the Protocol Concerning Specially Protected Areas of Wildlife in Wider Caribbean Region)
April 4, 1991... 226 Caribbean wildlife species in trouble Federally sponsored organization considers 156 species endangered and 70 components of vulnerable communities WASHINGTON -- A study by a federally sponsored organization has found 226 species of...

Indulac decides on Barceloneta for plant: cost of surplus milk processing plant estimated at $30M; firm prepared to supply entire island demand for UHT milk. (Puerto Rico Dairy Industry, ultra-high temperature)
April 4, 1991... Indulac decides on Barceloneta for plant Cost of surplus milk processing plant estimated at $30M; firm prepared to supply entire island demand for UHT milk One of two sites in Barceloneta will be the location of the Puerto Rico Dairy...

Fuster to turn attention to large agenda: since P.R. plebiscite bill died, Medicaid funding is top priority for resident commissioner in congressional list. (Jaime Fuster)
April 4, 1991... Fuster to turn attention to large agenda Since P.R. plebiscite bill died, Medicaid funding is top priority for resident commissioner in congressional list WASHINGTON -- With the death of the Puerto Rico plebiscite bill in the 102nd...

Accounting, auditing and consulting firms: local CPAs adjust to emerging global economy and technological advancements. (Industry Profile)
April 4, 1991... ACCOUNTING, AUDITING AND CONSULTING FIRMS Local CPAs adjust to emerging global economy and technological advancements; firms now play key role in strategic development To most of us, the emerging interdependence of the world's economies,...

Tourism hurt by lack of convention center. (Condado Convention Center, Puerto Rico)
April 4, 1991... Tourism hurt by lack of convention center The Condado Convention Center officially closed its doors last month, but in terms of operations it had not accepted any bookings since the end of last year. As a result, the local convention bureau...

Runway 2004: LMM International Airport prepares for Puerto Rico's tomorrow. (Luis Munoz Marin International Airport) (Cover Story)
April 18, 1991... Runway 2004 LMM International Airport prepares for Puerto Rico's tomorrow Puerto Rico's Luis Munoz Marin International Airport, already the gateway to the Caribbean region and an important component of the island's economy, is scheduled to...

American Airlines flies to Cuba this week. (In the News)
April 18, 1991... American Airlines flies to Cuba this week American Airlines will begin offering chartered flights from its Miami hub to the island of Cuba this week, according to Arthur J. Torno, the newly appointed general manager of the Latin...

Spanish-only law creates new obstacles. (Puerto Rico) (In the News)
April 18, 1991... Spanish-only law creates new obstacles The controversial law making Spanish the sole official language of Puerto Rico recently approved by the Hernandez Colon administration is creating delays for businesses seeking tax exemptions to...

Essroc buys majority shares in S.J. Cement. (San Juan Cement Co.) (In the News)
April 18, 1991... Essroc buys majority shares in S.J. Cement Essroc Corp, North American arm of Ciment Francais, the world's fourth-largest cement company, has bought an additional 50.1% of San Juan Cement Co.'s stock, taking full control with a total of...

CBI loan program moved to P.R. State Dept. (Caribbean Basin Initiative; Puerto Rico)
April 18, 1991... CBI loan program moved to P.R. State Dept. Puerto Rico's Caribbean Development Program in charge of channeling 936 funds to finance projects in Caribbean Basin Initiative (CBI) countries, now administered by the Economic Development...

Point Four Program seminar will be held. (Caribbean Basin Initiative) (Washington Dateline)
April 18, 1991... Point Four Program seminar will be held WASHINGTON - Representatives of the European Economic Community (EEC) will be featured in the fourth Point Four Program seminar to be held April 28-May 3 by the Puerto Rico Economic Development...

P.R. medical labs may be spared shutdown. (Puerto Rico) (Washington Dateline)
April 18, 1991... P.R. medical labs may be spared shutdown WASHINGTON - Foot dragging by the Bush administration and the possibility that Congress will be asked to revise its Clinical Laboratory Improvement Amendments (CLIA 88) could keep Puerto Rico's...

FMC denies request on Ponce port charge. (Federal Maritime Commission; Ponce, Puerto Rico) (Washington Dateline)
April 18, 1991... FMC denies request on Ponce port charge WASHINGTON - The Federal Maritime Commission (FMC) denied a petition by the Port of Ponce to direct the Puerto Rico Ports Authority (PRPA) to strike its port service charge from its tariff. In its...

PR Newswire debuts with new fax services. (Modern Office)
April 18, 1991... PR Newswire debuts with new fax services PR Newswire, a company specializing in fax services, recently began operations in Puerto Rico. The company supplies numerous facsimile services to businesses, from the providing of news items of...

Many companies offer other benefits besides a paycheck. (Modern Office)
April 18, 1991... Many companies offer other benefits besides a paycheck In our modern world, many companies require employees to work long hours or different schedules, leaving less time for other activities. However, many of these companies offer more...

Office supplies. (Modern Office)
April 18, 1991... OFFICE SUPPLIES Puerto Rico's office supply stores are fighting a commercial battle not seen since the giant supermarket chains revolutionized the island's retail food industry some 30 years ago. Not only are office supply stores...

IBM user's group meeting well-attended. (Puerto Rico AS/400 User's Group) (Computers)
April 18, 1991... IBM user's group meeting well-attended The Puerto Rico AS/400 User's Group held its second meeting last week to discuss aspects of IBM's AS/400 system. The meeting was attended by representatives of some of the largest manufacturing and...

Discrimination cases on rise since 1985. (Law/Courts )
April 18, 1991... Discrimination cases on rise since 1985 Employment discrimination allegations filed with the Anti-Discrimination Unit of the Department of Labor and Human Resources have risen an average of 21% each year since 1985. That may be good news,...

MicroJuris hooks up law program with IBM. (online legal reference system; IBM computers) (Law/Courts)
April 18, 1991... MicroJuris hooks up law program with IBM MicroJuris Inc. has announced the launch of a new computer program that will make access to its library possible from IBM and IBM-compatible computers. Previously, the MicroJuris system was accessible...

On the right track. (Luis munoz Marin International Airport, Puerto Rico) (editorial)
April 18, 1991... On the right track Puerto Rico's Luis Munoz Marin International Airport is scheduled for an additional $300 million investment over the next four years. This is something we can be happy with. But, is it something we should be satisfied...

RHC and GDB said to have accepted BellSouth's offer for PRTA. (Governor Rafael Hernandez Colon; Government Development Bank; Puerto Rico Telephone Authority) (In the News)
April 18, 1991... RHC and GDB said to have accepted BellSouth's offer for PRTA Sources close to the negotiations for the sale of the Puerto Rico Telephone Authority (PRTA) have confirmed that an agreement over the sale procedure is close to being reached....

Housing Bank sues Ponce Federal $2.15M. (Puerto Rico Housing Department; Ponce Federal Bank F.S.B.) (In the News)
April 18, 1991... Housing Bank sues Ponce Federal $2.15M Yet another hidden skeleton has surfaced in the Ponce Federal Bank F.S.B. saga from the time of the scandal-plagued Ramiro Colon presidency. The Housing Bank, a subsidiary of the Puerto Rico Housing...

Bank directors becoming endangered species. (Banking/Finance)
April 18, 1991... Bank directors becoming endangered species Bank directors and officers, in Puerto Rico and the rest of the U.S., are noticing more than ever before that the cost, workload and potential liability involved in being part of a bank nowadays may...

Bauer gives Banco Comercial 5 stars. (Bauer Financial Reports Inc.; Banco Comercial de Mayaguez) (Banking/Finance)
April 18, 1991... Bauer gives Banco Comercial 5 stars Bauer Financial Reports Inc. has granted its highest bank rating to Banco Comercial de Mayaguez Bauer, based in Coral Gables, Fla., rated Banco Comercial a five-star bank, indicating a high level of...

Business brokerage in early stages.. (Banking/Finance )
April 18, 1991... Business brokerage in early stages An estimated 15,000 to 20,000 small businesses change hands every year in Puerto Rico. Yet barely 1% do so with the help of a business broker. "That represents a tremendous opportunity, and we want to...

Oriental, Central show income gains. (Oriental Federal Savings Bank; Banco Central Corp.) (Banking/Finance)
April 18, 1991... Oriental, Central show income gains Oriental Federal Savings Bank continued its profitable performance last quarter. The Humacao-based thrift institution reported a net income of $261,000 or $.17 per share for the three-month period that...

Du Pont Merck. (pharmaceutical industry) (Manufacturing) (interview)
April 18, 1991... Du Pont Merck The pharmaceutical industry's new kid on the block Du Pont Merck Pharmaceuticals Inc., the 50-50 joint venture between chemicals giant Du Pont Co. and prescription drugs collossus Merck & Co., has been called a 3,600-employee...

Allergan sees bright future in Puerto Rico. (eye-care products; contact lens industry) (Manufacturing)
April 18, 1991... Allergan sees bright future in Puerto Rico Contact lens and eye-care products maker Allergan Inc. is close to completing an $8 million capital expansion plan that includes construction of a new warehouse in Hormigueros. Allergan Inc....

New AA manager to carry on with expansion. (American Airlines; Dennis LeBright) (Tourism)
April 18, 1991... New AA manager to carry on with expansion American Airlines' new general manager, Dennis LeBright will take over the carrier's Puerto Rico operation in time to launch its second phase of expansion, estimated to cost as much as $175 million....

Ambassador Plaza tower almost ready. (hotel) (Tourism)
April 18, 1991... Ambassador Plaza tower almost ready The Ambassador Plaza Hotel & Casino, in Condado, will complete the island's first all-suite tower by the end of April. The 84-room tower is part of a $35 million investment made by the hotel's owner, F....

Negotiations for PRTA sale at snail's pace. (Puerto Rico Telephone Authority) (Telecommunications)
April 18, 1991... Negotiations for PRTA sale at snail's pace Despite recent excitement in the telecommunications industry over news of a preliminary agreement between BellSouth and the Commonwealth government over the sale of the Puerto Rico Telephone...

Microwave cellular antennas meet opposition. (Cellular Communications of Puerto Rico Inc.) (Telecommunications)
April 18, 1991... Microwave cellular antennas meet opposition Cellular Communications of Puerto Rico Inc. (CCI), has recently come under fire because of the microwave antennas it is planning to use for its cellular communications network. Residents of the...

Home sales up 20% from last month. (Puerto Rico) (Construction)
April 18, 1991... Home sales up 20% from last month Realtors have plenty of reasons to celebrate Home Week big this year. The present mood is excellent among potential home buyers, which is being reflected in an estimated 20% increase in home sales over...

Plaza Del Caribe construction on-line. (shopping mall; Ponce, Puerto Rico) (Retail/Commerce)
April 18, 1991... Plaza Del Caribe construction on-line Finally, after more than ten years of planning, construction of Plaza Del Caribe Mall in Ponce began in February. The $55 million shopping mall is expected to begin operating in September of 1992, one...

TGI Friday restaurant to debut in P.R. (Puerto Rico) (Retail/Commerce)
April 18, 1991... TGI Friday restaurant to debut in P.R. Jorge Colon Nevares is expected to sign a lease this week for a 5,800 square-foot locale on Tabonuco Street in Caparra, where the first TGI Friday restaurant will open in Puerto Rico. The locale belongs...

Merchants, cops rip Condado station closing. (Condado, Puerto Rico; police station) (Retail/Commerce)
April 18, 1991... Merchants, cops rip Condado station closing Recent reports regarding the closing of the tourist zone's police station has caused concern in Condado and at the Loiza police station. Although the closing of the police station has not been...

Dupont gives orientation to heart patients. (Dupont Pharmaceuticals) (Medicine)
April 18, 1991... Dupont gives orientation to heart patients Seven-year-old Nelson Natal Rodriguez helped make medical history last fall when he became the first patient in Puerto Rico to undergo a human heart valve transplant at the Medical Center in Rio...

Toby talks about Medicare in P.R. (William Toby; Healthcare Financing Administration; Puerto Rico) (Medicine)
April 18, 1991... Toby talks about Medicare in P.R. In an attempt to improve economic incentives for hospitals to invest wisely, Medicare reimbursements for capital-related costs will be folded into the prospective payment system used to pay for medical...

United Surety well above budget for 1991. (United Surety and Indemnity Co.) (Insurance)
April 18, 1991... United Surety well above budget for 1991 The United Surety & Indemnity Co., a miscellaneous surety bond underwriter active since September 1990, will achieve during its first year of business the premium volume that owner Antonio Blanes had...

Understanding coinsurance is important. (Insurance)
April 18, 1991... Understanding coinsurance is important Even if a business is insured for hundreds of thousands of dollars, property losses under that limit may not be fully covered if the coinsurance requirement is not met. "We saw a lot of problems...

Grand Pre will fight to stay in local market. (dairy products) (Agriculture)
April 18, 1991... Grand Pre will fight to stay in local market Grand Pre is readying to do battle to keep its UHT milk in the local market, and sour the predictions of a local dairy industry leader, said Carlos F. Matos-Jordan, president of Marketing &...

Advertising business is on rise in P.R. (Puerto Rico) (Advertising/Marketing)
April 18, 1991... Advertising business is on rise in P.R. Business in 1991 hit bottom during the Persian Gulf war, but is now on the rise and will be back in full swing by year's end. And it is expected to continue upward in 1992, according to the leaders of...

Casera consolidates ad and pr accounts. (Casera Foods Inc.; public relations) (Advertising/Marketing)
April 18, 1991... Casera consolidates ad and pr accounts Casera Foods Inc. recently consolidated its advertising and public relations accounts in Puerto Rico, the U.S. mainland and Spain under one local agency roof, that of Enrique Grau Esteban Inc. Grau...

Cellular Communications picks Y&R for ads. (Cellular Communications of Puerto Rico Inc.; Young and Rubicam Puerto Rico Inc.) (Advertising/Marketing)
April 18, 1991... Cellular Communications picks Y&R for ads Cellular Communications of Puerto Rico Inc., the island's second non-wire line cellular provider, picked as its aide in transmitting the Cellular One message to clients Young & Rubicam Puerto Rico...

The crowded airwaves: two-way radio takes on a new life. (Cover Story)
April 25, 1991... The crowded airwaves Two-way radio takes on new life In spite of the marvels of the microcomputer, fiber optics and space stations, the technology first discovered in 1894 by Guglielmo Marconi at his father's farm in Italy is still...

FFCC, Caribbean Federal negotiate merger. (First Financial Caribbean Corp.; Caribbean Federal Savings Bank) (In the News)
April 25, 1991... FFCC, Caribbean Federal negotiate merger Levis weighing terms of Caribbean's board, sources say, while Jose Vigoreaux discards information as mere rumor First Financial Caribbean Corp. (FFCC) is exploring a possible acquisition of...

Kinney to acquire Deportes Salvador Colom. (Kinney Shoe Corp.) (In the News)
April 25, 1991... Kinney to acquire Deportes Salvador Colom Negotiations soon to be completed over island's largest sporting goods chain; 12 stores would become Champ Sports Kinney Shoe Corp., a subsidiary of F.W. Woolworth's, is negotiating to acquire the...

Santander packaging Caguas Central mortgages. (Banco Santander Puerto Rico; Caguas Central Federal Savings Bank) (In the News)
April 25, 1991... Santander packaging Caguas Central mortgages Banco Santander Puerto Rico is in the process of packaging millions of dollars worth of mortgages to sell them to investors in the so-called secondary market. While the amount could not be...

Arcelays press suit over land re-acquisition. (Arcelay Cabinero family, owners of White Star Bus Line) (In the News)
April 25, 1991... Arcelays press suit over land re-acquisition The Arcelay Cabinero family, original owners of the White Star Bus Line and the land where that public transportation company once operated in Hato Rey, filed a lawsuit against various Commonwealth...

U.S. Surgical undertakes major expansion. (United States Surgical Corp.) (In the News)
April 25, 1991... U.S. Surgical undertakes major expansion USSC of Puerto Rico Inc. (USSCPR Inc.), a manufacturer of surgical staplers and devices, is currently undertaking a 100,000-square-foot expansion of its Ponce manufacturing facility that will more than...

Caguas hospital gets $2M letter of credit. (Caguas, Puerto Rico; Inter-American Hospital of Advanced Medicine) (In the News)
April 25, 1991... Caguas hospital gets $2M letter of credit The Inter-American Hospital of Advanced Medicine (HIMA by its Spanish acronym) in Caguas has obtained a $2 million letter of credit from St. Joseph's Hospital in Tampa, Fla., according to HIMA...

Ponce Federal anticipates $2M loss. (Ponce Federal Bank F.S.B.) (Banking/Finance)
April 25, 1991... Ponce Federal anticipates $2M loss Ponce Federal Bank F.S.B. anticipated last week that it probably lost between $2 million and $2.5 million during the first quarter, which ended on March 31, with an official figure due to be released in...

Diaz reduces holdings in Ponce Fed. (Arturo Diaz; Ponce Federal Bank F.S.B.) (Banking/Finance)
April 25, 1991... Diaz reduces holdings in Ponce Fed Local industrialist Arturo Diaz sold 49,000 of his shares in Ponce Federal Bank F.S.B. at a loss last month to reduce his holdings to 360,249 shares, or 6.6% of Ponce Federal's total outstanding shares,...

Thomson Bankwatch rates GDB 'A'. (Puerto Rico Government Development Bank) (Banking/Finance)
April 25, 1991... Thomson Bankwatch rates GDB |A' The Government Development Bank for Puerto Rico (GDB) had a good week last week. First, the bank announced that it has been rated "A" by Thomson Bankwatch Inc., a U.S.-based firm which rates banks and other...

Bidding continues for Chase retail. (Chase Manhattan Bank, retail operations in Puerto Rico) (Banking/Finance)
April 25, 1991... Bidding continues for Chase retail The guessing game continues as to which bank has the inside track to acquire all or part of Chase Manhattan Bank's retail operation in Puerto Rico, including up to eight of Chase's nine branches on the...

P.R. economy struggling out of recession. (Puerto Rico) (Banking/Finance)
April 25, 1991... P.R. economy struggling out of recession Demand for new commercial loans at most banks has been up recently as well as use of existing credit lines by firms If the banking industry is any indication, Puerto Rico's economy continues to...

P.R. S&L co-ops becoming more competitive. (Puerto Rico; savings and loan associations; credit unions) (Banking/Finance)
April 25, 1991... P.R. S&L co-ops becoming more competitive Federation of Cooperatives establishes co-op movement's own financial system, freeing co-ops from need for banks While the eyes of the island's banking community have been fixed on federal banking...

Local firm admitted to AICPA division. (Velez Semprit Nieves and Co.; American Institute of Certified Public Accountants) (Banking/Finance)
April 25, 1991... Local firm admitted to AICPA division Velez Semprit Nieves part of Securities and Exchange Commission and can now audit publicity traded companies The local accounting and auditing firm Velez Semprit Nieves & Co. has been admitted into a...

Investors again looking at Puerto Rico. (Manufacturing)
April 25, 1991... Investors again looking at Puerto Rico End of plebiscite talks, improving economy renew interest; P.R. faces stiff competition for investment by U.S. firms Investors' interest in starting manufacturing operations in Puerto Rico has been...

Commerce's export division moved to Fomento. (Puerto Rico Department of Commerce; Economic Development Administration) (Manufacturing)
April 25, 1991... Commerce's export division moved to Fomento Fomexport to seek new markets for locally made products; transfer of promotions program to be completed by July 1991 The Puerto Rico Economic Development Administration (Fomento) will assume...

Navieras may abandon plans for rate hike. (Puerto Rico Maritime Shipping Authority) (Import/Export)
April 25, 1991... Navieras may abandon plans for rate hike Shipping rates won't go up if competitors freeze theirs; Fabregas says hike needed to cover rising operating costs The Puerto Rico Maritime Shipping Authority (Navieras) will abandon plans to...

S.J. Bay pilots sue Ports Authority for $1M. (San Juan Bay Pilots Association; Puerto Rico Ports Authority) (Import/Export)
April 25, 1991... S.J. Bay pilots sue Ports Authority for $1M The San Juan Bay Pilots Association has filed a $1 million lawsuit against the Puerto Rico Ports Authority, alleging that regulations requiring pilots to go three miles out to sea to board vessels...

Mier to leave First Continental. (Mariano J. Mier; First Continental Securities Corp.)
April 25, 1991... Mier to leave First Continental Mariano J. Mier will leave First Continental Securities Corp. on May 15, as part of an agreement reached with the firm's president, J. Rafael Benitez Pons. Benitez plans to acquire the shares of Mier and...

Microwave transmissions span the globe. (Telecommunications)
April 25, 1991... Microwave transmissions span the globe Among the many different ways of communicating via radio waves, microwave systems have a unique place. Though severely limited in use by the high cost of installation, companies which invest in microwave...

Compaq exec visits P.R. to address users. (Eckhard Pfeiffer; Puerto Rico) (Computers)
April 25, 1991... Compaq exec visits P.R. to address users Talk includes company overview, new direction for '90s, alliance among 21 vendors to develop computing standard Eckhard Pfeiffer, Compaq Computer Corp. executive vice president and chief operating...

Computer system helps monitor stocks. (FNN Signal) (Computers)
April 25, 1991... Computer system helps monitor stocks For those who would like to invest in the stock market, yet may not have the time to spend analyzing the ups and downs of trading, a computer system may provide an attractive alternative. The system,...

Convention center sparks recent interest. (Condado Convention Center, Puerto Rico) (Tourism)
April 25, 1991... Convention center sparks recent interest New investors visit island and videotape entire facility; if accord not underway by Aug. 31, Occidental gets option A group of interested buyers from the mainland were in Puerto Rico last week...

P.R. hotel occupancy rates on the rise. (Puerto Rico) (Tourism)
April 25, 1991... P.R. hotel occupancy rates on the rise First two weeks of April climb 4% compared to last year; Tourism's road shows, promotional campaigns aid recovery The Puerto Rico Tourism Company announced last week that occupancy rates were once...

AA's Crandall reaffirms commitment to P.R. (American Airlines; Robert Crandall; Puerto Rico) (Tourism)
April 25, 1991... AA's Crandall reaffirms commitment to P.R. During his annual visit to Puerto Rico last week, Robert Crandall, chairman of AMR Corp., parent company of American Airlines and American Eagle, reaffirmed the airline's commitment to Puerto Rico....

Hyatt remodels for physically impaired. (Tourism)
April 25, 1991... Hyatt remodels for physically impaired Hyatt Corp. has embarked on a program which will make all its hotels and resorts, including those in Puerto Rico, as barrier- free as possible for physically disabled people by the year 1995. As part of...