Caribbean Business articles from April 1992

Caribbean Business archives from April 1992

The game of change: Puerto Rico's dynamic banking industry. (Cover Story)
April 2, 1992... Like sports teams changing their rosters with the seasons, the line-up of players in Puerto Rico's banking industry has undergone dramatic shifts in the past few years, more so than any other major local industry. The merger talks between Banco...

Isla Grande Airport to be parking lot. (temporary conversion to accommodate Grand Regatta Columbus visitors; Puerto Rico)
April 2, 1992... Grand Regatta Columbus to require parking for 15,000 cars; concessionaires, private plane owners decry loss of income The Puerto Rico Ports Authority will close the Isla Grande airport during the week of the Grand Regatta Columbus '92...

Danbury Pharmacal to manufacture in P.R. (Puerto Rico)
April 2, 1992... Danbury Pharmacal Inc., a leading maker of generic prescription drugs, plans to begin manufacturing operations in Puerto Rico. The company has purchased the former Bolar Pharmaceutical Co. plant in Humacao where it plans to produce generic...

Digital Equipment to close P.R. operations. (Puerto Rico)
April 2, 1992... Digital Equipment Corp. plans to phase out manufacturing operations in Puerto Rico over a one-year period. The closing of the company's two local plants in Aguadilla and San German will leave some 1,200 workers without jobs in the western part...

Court dismisses SAM infringement case. (trademark infringement case against SAM Food Warehouse Inc.)
April 2, 1992... Dismissal with prejudice bans further action on issue; defendant seeks reimbursement of $65,000 in legal fees Federal Judge Jose A. Fuste has issued an order dismissing with prejudice the October 1991 complaint of Wal-Mart Stores Inc. vs....

Banco Popular may sell 2 mainland branches. (Banco Popular de Puerto Rico's branches in Chicago and Los Angeles)
April 2, 1992... Banco Popular de Puerto Rico is awaiting a decision from the Federal Reserve Board (Fed) on the fate of the bank's branches in Chicago and Los Angeles. Bank officials are bracing for what they expect will be an affirmation of the Fed's 1990...

Sosa resigns, leaving questions behind. (financial commissioner Jose A. Sosa Llorens)
April 2, 1992... In what must be one of the most bizarre resignations of a local government official in recent memory, Jose A. Sosa Llorens left his post as financial commissioner on Monday - or was it Friday? - leaving behind a host of unanswered questions....

Santander set to challenge mortgage banks. (Banco Santander to open Santander Mortgage)
April 2, 1992... Pending acquisitions of 1st Service, Chasehogar, opening of Santander Mortgage promise to ignite stiff competition Information is starting to trickle out about Banco Santander's plans at it enters the island's mortgage banking business. And...

Local thrifts bracing for capital rules.
April 2, 1992... Local savings banks, like all thrift institutions nationwide, are preparing for an imminent increase in the minimum capital requirement called for by federal regulation. The Office of Thrift Supervision (OTS), the federal agency that...

Pall Corp. will expand local operations. (Fajardo, Puerto Rico)
April 2, 1992... Maurice G. Hardy is bullish on Puerto Rico. Hardy, president and chief executive officer of giant filters manufacturer Pall Corp., is moving to expand local manufacturing operations which employ about 550 workers in Fajardo. With annual...

Codecom acquires new product distributorship. (Cycomm International Inc.'s Cellular Voice Privacy System)
April 2, 1992... Firm headquartered in P.R. to be sole distributor of voice privacy telephone unit for entire Latin American region Codecom recently acquired the exclusive distributorship of a new cellular voice privacy product for the Latin American...

Touch of Gold owner files formal complaint. (jewelry store; Jean Pierre Khoury)
April 2, 1992... Forced move from Pier No. 3 to Ochoa Bldg. at Pier No. 1 marred by landlords prohibiting sign to identify jeweler Nearly a year after being forced to relocate by the Commonwealth government from retail space across from Pier No.3 in Old San...

Scandinavian Song honors Puerto Rican song. (local entertainers to perform aboard Danish Cruise Lines Inc.'s cruise ship)
April 2, 1992... Danish Cruise Lines ship strengthens bonds with community by presenting local artists, staging tribute to composer Officials from Danish Cruise Lines have been among the first to take local government officials up on their request that...

Iberia revises S.J. flights to meet demand. (Iberia International Airlines; San Juan, Puerto Rico)
April 2, 1992... Airline prepares for large numbers of passengers bound for Expo '92, summer Olympics, other European destinations Iberia Airlines, one of the oldest passenger carriers serving the island, has revised its San Juan-Madrid flight schedule to...

Galeria San Patricio makes expansion plans. (specialty mall)
April 2, 1992... Only P.R. specialty mall to invest $600,000 in 2nd-floor office space, more retail locales and 70 parking spaces After only one year in operation, the management of the 16,000-square-foot Galeria San Patricio is considering the possibility...

Ponce JC Penney to be completed in September. (J.C. Penney Company Inc.'s third store in Puerto Rico)
April 2, 1992... Plaza Del Caribe store to generate more than 150 jobs; firm's plans also include new stores in Arecibo, Caguas Construction of JC Penney's third Puerto Rico store is near completion, according to Mike Cote operations and marketing manager...

Country Fed Beef introduces P.R. service. (home-delivery service; Puerto Rico)
April 2, 1992... As the competitiveness of the retail market increases, businesspeople are looking for new concepts and niche markets to penetrate. As a result, business dedicated to offering added convenience to consumers are emerging in Puerto Rico...

Estee Lauder initiates consulting for men.
April 2, 1992... Firm brings consultants into the workplace to offer male executives advice on cosmetics, skin care, product use Estee Lauder has established a consulting program targeted to businesses interested in improving their male employees' personal...

Searle weighs $13M investment in Caguas. (Caguas, Puerto Rico)
April 2, 1992... Drug maker Searle & Co. is considering undertaking an expansion at its pharmaceuticals manufacturing plant in Caguas. The project could create approximately 100 jobs during its construction stage, said Daniel Lebron, vice president and general...

Oversupply of office space hits Hato Rey. (Hato Rey, Puerto Rico)
April 2, 1992... Building managers face problem of how to attract tenants as supply of office space exceeds demand during recession During the next 18 to 24 months, those involved in owning, managing or leasing office buildings in Hato Rey, San Juan's...

Xitron presents new educational software. (Xitron Technologies Inc.'s EMAP software)
April 2, 1992... N.J.-based software manufacture 7th-largest IBM partner; Cardona, Irizarry & Co. distribute educational tool in P.R. Xitron, an IBM business partner, recently presented its new EMAP software - an educational tool that automates school...

Bill would hurt cruise ship business. (1991 Shipbuilding Trade and Reform Act)
April 2, 1992... WASHINGTON - Puerto Rico and the Virgin Islands would be hurt by a proposal to counter foreign shipbuilding subsidies which could cause cruise lines to move their home ports from U.S. harbors. "Both Puerto Rico and the Virgin Islands fall...

Colorado faces continuous attacks on 936. (Puerto Rico Resident Commissioner Antonio J. Colorado; tax incentive program)
April 2, 1992... Commissioner appears to be off hook with pharmaceuticals group for suggesting mainland tax to control drug prices WASHINGTON - Resident Commissioner Antonio J. "Tito" Colorado appears to be off the hook with the Pharmaceutical...

SEC backs ruling about displaced workers. (Securities and Exchange Commission)
April 2, 1992... WASHINGTON - The Securities and Exchange Commission (SEC) joined the National Labor Relations Board (NLRB) in ruling that American Home Products (AHP)must assist workers displaced by production shifts to Puerto Rico, according to union...

Marad to rule on Navieras' Lancer vessels. (Maritime Administration; Navieras de Puerto Rico)
April 2, 1992... Revision of requirement for foreign cargo expected soon; decision would effect use of ships built with subsidies The federal Maritime Administration (Marad) is expected to issue in the coming weeks a revised ruling on how the Puerto Rico...

Industry profile: private schools.
April 2, 1992... Puerto Rico parents turn more and more to private schools as public schools continue to provide inadequate education In Puerto Rico, education has been one of the most-discussed subjects in the past decade. Since the public education system...

More burdensome legislation on the way. (labor bills in Puerto Rico)
April 2, 1992... Industrialists say obsolete labor laws represent obstacles to P.R. competing effectively in global economy of future As reported in the March, 12 issue of CARIBBEAN BUSINESS, many members of the Puerto Rico business community say that...

Study shows benefits given by P.R. employers. (Puerto Rico)
April 2, 1992... Hewitt, Manufacturers Association present SpecBook report on benefits provided by more than 120 top island employers Hewitt Associates Caribe Inc., in conjunction with the Puerto Rico Manufacturer's Association, has prepared SpecBook for...

Bill would levy tax on investment income of domestic insurers. (Puerto Rico) (Insurance)
April 2, 1992... A bill is now being evaluated in the Puerto Rico Legislature which would impose a 1% tax on investment income generated by domestic insurers (those locally incorporated). This is expected to produce $1.1 million for the Insurance Commissioner's...

Insurance firms often use brokers and agents to sell product. (Insurance)
April 2, 1992... Insurance is a product. Like any other product, it must be purchased from someone. And just as you would go to a grocery store to get your food and a department store to buy clothes and housewares, you would go to an insurance company to buy...

This year brings additional costs to commercial policyholders. (mandatory application of program designed to ease insurance paperwork) (Insurance)
April 2, 1992... This year will bring higher insurance costs for businesses due, among other things, to the mandatory application of the Simplified Insurance Program, various insurance brokers are warning. The program was designed to simplify the language and...

Puerto Rico insurance women hold annual conference. (National Association of Insurance Women) (Insurance)
April 2, 1992... The 46th Annual Region III Conference of the National Association of Insurance Women International, is taking place this week at the Caribe Hilton Hotel in San Juan at a cost of over $200,000, according to members of the organizing committee....

Blue Cross introduces Golden Dream medical insurance plan. (Blue Cross of Puerto Rico) (Insurance)
April 2, 1992... Blue Cross of Puerto Rico recently introduced into the medical insurance market the Golden Dream plan which, according to Executive Director Jose Julian Alvarez, fills the gap that existed in medical insurance coverage for senior citizens. ...

Rule no. 29 requires payment of premium up front for coverage. (Insurance)
April 2, 1992... The new rule when it comes to all personal lines of insurance is "cash before coverage." Technically, this is called Rule No. 29. Established by the Insurance Commissioner's Office, it states that the premium must be paid up front in order...

Johnson & Johnson launches incontinence pads. (Serenity Guards) (Product Announcement)
April 2, 1992... Young & Rubicam to create $100,000 advertising campaign using point-of-purchase displays, print ads, TV spots Johnson & Johnson, known in Puerto Rico for its health and personal hygiene products, announced the market introduction of...

Mediafax report shows Ch. 2 still on top. (WKAQ-TV Channel 2; Puerto Rico)
April 2, 1992... WKAQ-TV Channel 12 remained in its No. 1 position for February's overall television viewing, in the most recent Mediafax results. According to Mediafax audience measurement results, Channel 12 captured a 38% share. Channel 14, which had...

This quiet Austrian helped put all on road to freedom. (Friedrich A. von Hayek) (Obituary)
April 2, 1992... Ask the average American to tell you something about Friedrich A. Hayek, who died this week in Freiburg, Germany, and you're likely to get a baffled shrug. Hayek never made a hit record, held elective office or wrote campaign speeches for a New...

Deregulation a blessing to airline business. (National Outlook) (Column)
April 2, 1992... You'd never know it from all the gloom in the airline and aircraft businesses these days, but global air travel is a great competitive success story for U.S. airlines and the outlook for aircraft orders in this decade and beyond is as bright as...

St. George, congressional dragon slayer? (George Bush's bid for reelection) (National Outlook) (Column)
April 2, 1992... Ever wonder what happened to Clarence, the guardian angel of George Bailey (a.k.a. Jimmy Stewart), in the classic film "It's a Wonderful Life?" Clarence, you'll recall, got his wings by helping George Bailey see how miserable the life of his...

Tackling new and ever-more-challenging ventures. (Ruben Velez Lebron, president of Rexach Construction Company Inc.) (Top 10 Business Leaders of Puerto Rico 1991)
April 2, 1992... In his Puerto Nuevo office in the brandnew Rexach building, the president of Rexach Construction Co. Inc., Ruben Velez Lebron, has a conference room he jokingly calls the yacht he never had. The walls are completely filled with plaques, awards...

Baccarat master blends 200-year-old tradition with creativity. (Compagnie de Cristalleries de Baccarat; Thomas Bastide)
April 2, 1992... Perhaps the French should change their children's song Au clair de la lune to Au clair du cristal considering the success of their glassmaking industry. One extremely successful French glassworks company is Compagnie de Cristalleries de...

Law 75. (Puerto Rico Dealer's Act protects distributors from an abrupt termination of a contract) (Column)
April 9, 1992... "What you don't know, can hurt you," This version of an old saying is especially true for companies that contract Puerto Rico firms to distribute their products or services. Not knowing about Law 75, the Puerto Rico Dealer's Act, could cost...

Airways Rent-A-Car files for Chapter 11. (Airways Rent a Car Co.)
April 9, 1992... The decline in tourist traffic over the past year has led one of the estimated 30 vehicle rental companies operating on the island to seek protection from its creditors. Evergreen Corp. which conducts business as Airways Rent-a-Car in Isla...

Pridco to pay Flagship $900,000 settlement. (Puerto Rico Industrial Development Co.; Flagship Hospitality Corp.)
April 9, 1992... As CARIBBEAN BUSINESS first reported on March 26, Caribwil Associates and the Puerto Rico industrial Development Co. (Pridco) expect to soon settle their legal dispute. Sources close to the case have informed CARIBBEAN BUSINESS that the parties...

1st-quarter bankruptcies drop, March up 1.4%.
April 9, 1992... The total number of bankruptcies filed during this year's first quarter has dropped 1% to 2,102 cases from the 2,124 cases filed during the same period last year. Bankruptcies filed during the first quarter of 1991 increased 33.6%, from...

Highway Authority closes innovative deal. (Puerto Rico Highway and Transportation Authority's deal to finance construction of San Jose Lagoon bridge)
April 9, 1992... San Jose Lagoon bridge may serve as model public-private partnership nationwide; to connect Hato Rey with airport The $116.75 million bond issue to finance the construction of the San Jose Lagoon bridge was completed and closed last Friday,...

Sosa resignation surrounded with mystery. (Puerto Rico's financial commissioner Jose Sosa)
April 9, 1992... Concensus is that interest rate debate is main reason; Garcia, Benitez and Gonzalez dispute Sosa's allegations Mystery continues to surround the resignation of Jose Sosa from his post as the island's financial commissioner. The plot...

FDIC auctions Banco Nacional's artworks. (Federal Deposit Insurance Corp.)
April 9, 1992... Considerable sums spent on art collection is symbolic of the failed bank's troubles, which date back to 1989 A little-noticed event took place two weeks ago that provides some insight as to why Banco Nacional fell into the hands of federal...

One capital fund available for April 15. (Venture Capital Fund Inc.)
April 9, 1992... The Venture Capital Fund Inc. remains the only way for investors looking for funds to reduce their 1991 taxes Puerto Rico investors looking for local venture capital funds in which to invest before the April 15 tax filing deadline will only...

Orders picking up for P.R. manufacturers. (end of US economic recession spells good news for Puerto Rican manufacturing sector) (Industry Overview)
April 9, 1992... State-side retail sales are up, inventories are down, purchases of homes are on the rise, and consumer confidence is returning. The string of positive economic news coming from the U.S. mainland recent weeks points to an end of the long...

Textile firm decisions favorable to P.R. (Puerto Rico; Tejidos de Coamo Inc. and Empire Textile Corp. decide to continue operations in Puerto Rico plants)
April 9, 1992... Puerto Rico's textile and apparel industry buffeted recently by announcements of plant closings, got some good news last week when two companies that had previously planned to cease local operations changed their plans. Last week, Tejidos...

TWA comes in third for number of passengers. (Trans World Airlines)
April 9, 1992... Airline plans to open S.J. sales office, increase number of seats per flight with new aircraft, is adding personnel Despite the slow economy and filed for Chapter 11 two months ago, Trans World Airlines (TWA) has been operating high load...

P.R. Internal Tourism Fair in progress. (Puerto Rico's First Internal Tourism Fair)
April 9, 1992... Puerto Rico's First Internal Tourism Fair began Wednesday, April 8, and is scheduled to continue until Sunday, April 12, according to Felix A Conde, the event's organizer. Over $300,000 was invested in preparation for the event which will...

Discovery Zone playgrounds to debut in P.R. (Puerto Rico)
April 9, 1992... Saez & Sons, a locally owned company, has obtained the exclusive franchise rights for Puerto Rico and the Virgin Islands of indoor children's playgrounds by Kansas-based Discovery Zone Inc. Discovery Zone started doing business in Kansas in...

Prescriptives' sales 20% above projections. (Estee Lauder Inc. Prescriptives; Puerto Rico)
April 9, 1992... Estee Lauder color cosmetics and skin care subsidiary to inaugurate fifth P.R. operation in Plaza Carolina Prescriptives Inc., a color cosmetics and skin care products subsidiary of Estee Lauder Inc., is celebrating its first year in Puerto...

936 called lever of Caribbean development. (Puerto Rico's loan program)
April 9, 1992... WASHINGTON - The 936 loan program is seen as a "lever for development" and Resident Commissioner Antonio J. Colorado as the ambassador for the Caribbean in the U.S. Congress, according to Sir Shridath Ramphal, chairman of the Independent West...

FDA accused of violating own procedures. (US Food and Drug Administration)
April 9, 1992... WASHINGTON - The Food and Drug Administration (FDA) was accused of violating its own procedures in the approval of a gel used in eye surgery which later caused blindness, during a House Energy and Commerce Oversight and Investigations...

Quincentennial Commission director named pr person of the year. (Anibal Rodriguez Vera, executive director of the Puerto Rico Commission for the Quincentennial of the Discovery of America and Puerto Rico)(includes related article)
April 9, 1992... Anibal Rodriguez Vera, executive director of the Puerto Rico Commission for the Quincentennial of the Discovery of America and Puerto Rico, has been granted the Arturo Torres Braschi Award - proclaiming him public relations person of the year -...

MOVA Pharmaceutical, Industrias Vassallo awarded for quality. (award from PUerto Rico Products Association)
April 9, 1992... A relatively new pharmaceutical company and a polyvinyl chloride (PVC) pipe company that has been around for 30 years were among the winners of the 1992 awards for excellence in quality from the Puerto Rico Products Association (APPR by its...

Travelers Service presents disability study. (Traveleres Managed Disability Services)
April 9, 1992... In today's competitive market all employers are looking for ways to improve their profit and reduce operating expenses. According to Travelers Managed Disability Services, there are several methods of accomplishing this, such as slimming down...

Wyce Group offers new improvement monitoring.
April 9, 1992... Wyce Group, an engineering and management support services firm, is offering a new method of measuring improvement in businesses. According to Eduardo L. Pietri, managing partner of the Wyce Group, firms are constantly implementing programs...

Suiza Foods, Taylor team up for Yoplait. (Taylor Freezer; Yoplait Soft Serve Frozen Yogurt)
April 9, 1992... Suiza Foods will launch its new fine of Yoplait Soft Serve Frozen Yogurt in association with Taylor Freezer of Puerto Rico The account has been awarded to Park Advertising & Marketing, an agency that has been handling Yoplait since Suiza Foods...

Turner soon to launch The Cartoon Network.
April 9, 1992... On October 1, Turner Entertainment Networks will launch worldwide The Cartoon Network, a new 100% animated channel. The 24-hour programming includes cartoons by Warner Brothers and Hanna-Barbera Productions, among others. Studies...

Trailer Bridge's service is well received.
April 9, 1992... Eight weeks after the inaugural voyage of its Puerto Rico-Florida ocean transportation service, Trailer Bridge Inc. continues sailing along with slight modifications in its operations. "It's been eight weeks since we started, and we have...

Public companies. (going public in Puerto Rico) (Industry Profile) (Column)
April 9, 1992... Investment bankers in Puerto Rico are on a mission: to get more privately owned local companies to issue publicly traded stock. In fact, they have been on that mission for years now, but the results have been disappointing. One of the...

Survey rates standard of living indicators. (household survey in Puerto Rico)
April 9, 1992... Of seven items which serve as indicators of standard of living, automobiles and videocassette recorders (VCRs) ranked as most commonly found in Puerto Rico homes, according to data recently released by Stanford Klapper Associates. A...

Telecommunications. (long distance, cellular and interconnect companies flourish) (Industry Profile) (Industry Overview)
April 9, 1992... The telecommunications industry is one of the fastest growing industries in Puerto Rico. In the past few years, sectors within the industry, including long distance carriers, cellular communications and interconnect companies, have all...

Experts suggest shopping around for IRAs to get best interest. (Individual Retirement Accounts)
April 9, 1992... As people's thoughts turn to filing income tax forms, Individual Retirement Accounts (IRAs) come to mind. An IRA is still one of the best tax incentives around. However, interest rates on IRAs right now are not very attractive. "Interest...

Tax-savings tools are available to suit every market's needs.
April 9, 1992... If you're contemplating investing in an IRA this week and are feeling frazzled by the pressure to complete the transaction and get your tax form in on time - not to mention a little foolish for waiting so long - take comfort in the fact that...

P.R. companies go for strategic planning. (Puerto Rico)
April 9, 1992... Companies in Puerto Rico we quickly joining a movement sweeping across the industrialized world: strategic planning. Companies big and small are discovering that success in business, especially given the complexities of today's marketplace,...

'Born-again' (on domestic issues) Bush. (George Bush vetoes Democrats' tax bill) (National Outlook) (Column)
April 9, 1992... Like a penitent sinner, President George Bush has seen the light and begun lashing out at the devil he sees incarnated in Congress. In a recent White House speech, Bush testified as if he had been "born again" on domestic issues. In...

U.S. trade should look outward and forward. (National Outlook) (Column)
April 9, 1992... One of the weirder aspects of the election year so far is the turning away from foreign affairs, from the idea that the world can be America's oyster. Isolationism and trade protectionism, last seen as political forces in the 1920s and '30s,...

Compaq introduces system management tool. (Compaq Computer Corp.'s System Manager) (Product Announcement)
April 9, 1992... Compaq recently introduced the System Manager, a new hardware and software option that provides advanced system management capabilities for personal computer-based network servers and multi-user host systems. The new system is ideal for network...

Ja-Ca-Jo gets International Trophy for Quality. (14th Annual Industrial Trade Fair)
April 9, 1992... This year, as it did last year, the Trade Leaders Club of Madrid, awarded Ja-Ca-Jo Inc. its International Trophy for Quality. The Trade Leaders Club awards annual trophies for quality in different industrial categories in Spanish-speaking...

Kelly Temporary, Caribe Hilton candidates for service award. (14th Annual Industrial Trade Fair)
April 9, 1992... Nominations of candidates for the Puerto Rico Manufacturers Association's Service Sector award include three representatives of Kelly Temporary Services Inc. and the general manager of the Caribe Hilton Hotel & Casino. Region 10 chose...

Jimenez Juarbe tells of trade fair's significance for island. (Hector Jimenez Juarbe, executive director of Puerto Rico Manufacturers Association) (14th Annual Industrial Trade Fair)
April 9, 1992... To celebrate April, Manufacturing Industry Month, the Puerto Rico Manufacturers Association (PRMA) has planned a series of activities, including the 14th Industrial Trade Fair to be held April 10-12 at the Roberto Clemente Coliseum. ...

Daniel Lebron emphasizes importance of trade fair to industry. (Puerto Rico Manufacturers Association president) (14th Annual Industrial Trade Fair)
April 9, 1992... The manufacturing sector in Puerto Rico has developed considerably over the past couple of decades and is a vital part of the island's economy. The celebration of manufacturer's month in April reinforces the importance of this sector in Puerto...

CompNet to distribute Accu-Sort's bar code systems in region. (Accu-Sort Systems Inc.; Puerto Rico) (14th Annual Industrial Trade Fair)
April 9, 1992... CompNet Corp. has signed an agreement with Accu-Sort Systems Inc., a leading maker of industrial bar code scanning equipment and custom software to market its products in Puerto Rico and the Caribbean region. CompNet is a Puerto Rico...

Fair seminars will inform about packaging technology. (14th Annual Industrial Trade Fair)
April 9, 1992... A variety of seminars will be offered at the Puerto Rico Manufacturers Association (PRMA) Industrial Trade Fair. For those interested in packaging, several seminars dealing with packaging technology will be helpful. Caribe Packaging...

Theme of 1991 Industrial Trade Fair is Blueprint for Progress. (14th Annual Industrial Trade Fair)
April 9, 1992... Most business people know the importance of staying informed about new equipment, supplies and services in their field as well as continually broadening their contacts. In Puerto Rico, the manufacturing sector has an excellent opportunity...

12th annual salute to manufacturing industry banquet April 11. (14th Annual Industrial Trade Fair)
April 9, 1992... It's April, and once again we are celebrating manufacturing industry month. This celebration includes a number of activities to promote the industry's importance and image throughout the island. The Puerto Rico Manufacturers Association's...

Manufacturers Association to honor outstanding industrialists. (Puerto Rico Manufacturers Association) (14th Annual Industrial Trade Fair)
April 9, 1992... Each year, the Puerto Rico Manufacturers Association (PRMA) recognizes professionals and executives from throughout the island for their outstanding contributions to manufacturing in Puerto Rico. Once again this year, at the 12th Annual Salute...

Puerto Rico Tourism Company's new ad campaign scores a hit. (Front Page Story) (Column)
April 16, 1992... Visitors are flocking to Puerto Rico to "Discover the New Old World," thanks to the Tourism Company's dynamic new advertising campaign, industry leaders report. The national campaign is attracting more than 7,000 inquiries each week. After...

$55M AFICA bond approved for Plaza del Norte. (shopping mall financing from the Industrial, Medical, Environmental Pollution Control Facilities Financing Authority, Puerto Rico)
April 16, 1992... PaineWebber to sell bond for financing of Hatillo mall; complex to be anchored by 110,580-square-foot Wal-Mart In May, TJAC S.E. will issue $55 million in AFICA bonds to finance the 300,000-square-foot Plaza Del Norte Mall in Hatillo, which...