Caribbean Business articles from July 1991

Caribbean Business archives from July 1991

Patching up the Port of San Juan: Puerto Rico's lifeline in need of $138M modernization.
July 4, 1991... Patching up the Port of San Juan: Shut down the Port of San Juan and Puerto Rico's economy, cut off from its life-giving connection with the rest of the world, would quickly founder and fail. The danger signs of this occuring are visible:...

Pitusa plans $13M shopping center project.
July 4, 1991... Pitusa plans $13M shopping center project Pitusa, a locally owned discount retail chain, plans to invest $13 million in the construction of three shopping centers this year. The shopping facilities will be located in Ponce, Manati and Cabo...

Colorado's efforts draw Japanese interest. (Antonio J. Colorado)
July 4, 1991... Colorado's efforts draw Japanese interest After several years of efforts by Commonwealth Secretary of State Antonio J. Colorado, Japanese are starting to notice Puerto Rico's potential for business and investment opportunities. Since...

1,225 home Guaynabo development planned. (Puerto Rico)
July 4, 1991... 1,225 home Guaynabo development planned In an unprecedented joint effort, a group of developers, the City of Guaynabo and the Highway Authority have agreed to a plan that will allow the development of 1,225 new residential units in Guaynabo's...

Vote on special partnership bill postponed. (Puerto Rico)
July 4, 1991... Vote on special partnership bill postponed A House-Senate conference committee in the Commonwealth Legislature reached an agreement Sunday on a bill that would restrict special partnerships in Puerto Rico. However, a typing mistake kept the...

Ponce Federal satisfied with OTS audit. (Ponce Federal Bank F.S.B., Office of Thrift Supervision)
July 4, 1991... Ponce Federal satisfied with OTS audit The Office of Thrift Supervision (OTS), the federal agency that regulates savings banks, completed its annual audit of Ponce Federal Bank F.S.B. last week, and thrift officials were expressing optimism...

Potential convention center buyer rated. (Condado convention center and hotel, San Juan, Puerto Rico; Carnival Cruise Lines Inc.)
July 4, 1991... Potential convention center buyer rated Carnival Cruise Lines, through its subsidiary Carnicon Management Associates, is reported to be one of the companies interested in acquiring the Condado convention and hotel complex. (See CARIBBEAN...

American Eagle adds S.J.-Mayaguez flights. (San Juan, Puerto Rico)
July 4, 1991... American Eagle adds S.J.-Mayaguez flights American Eagle has added three new flights from San Juan to Mayaguez, bringing the number of round trip flights to 15 per day. The commuter airline has also increased its service from Puerto Rico to...

Hospital construction in excellent health. (Puerto Rico)
July 4, 1991... Hospital construction in excellent health It seems as if hospital-related project development is one of the few healthy areas in the construction industry. Interamerican Hospital for Advanced Medicine (HIMA, by its Spanish acronym),...

Toyota honors Gomez Hermanos as top P.R. distributor.
July 4, 1991... Toyota honors Gomez Hermanos as top P.R. distributor This year, for the first time in its 26 years with Toyota, Gomez Hermanos Inc. received the highest honor for a distributor - the Overall Sales Award Gold Prize. The award ceremony was held...

Transshipment: Is Puerto Rico missing the boat? (lack of adequate facilities prevents Port of San Juan from becoming major transshipment point)
July 4, 1991... Transshipment: Is Puerto Rico missing the boat? The poor conditions at the Port of San Juan are limiting Puerto Rico's potential to become a major cargo transshipment point for products destined for markets in the Caribbean region and Central...

Toys 'R' Us distribution center in works. (Toys R Us Inc., Puerto Rico)
July 4, 1991... Toys 'R' Us distribution center in works Toys 'R' Us has moved ahead two years its plans to build a distribution center on the island. At present, real estate executives for Toys |R' Us are looking for sites to locate the distribution...

Office furniture sales lagging as budgets are tight this year. (Puerto Rico)
July 4, 1991... Office furniture sales lagging as budgets are tight this year Every five years an office is reborn. Angel Luis Silva, sales manager at Mar-Mol Co. Inc., says it is typical for offices in Puerto Rico to get a new set of furnishings every...

Plants are essential to enhance and enliven office interiors. (office-plants maintenance services in Puerto Rico)
July 4, 1991... Plants are essential to enhance and enliven office interiors Enlivening office space is not a very complicated assignment. You could buy art to dazzle the walls, carpets to set off the floors, or elegant furnishings. And there is yet...

Rugs protect office floors, separate spaces and soften noises.
July 4, 1991... Rugs protect office floors, separate spaces and soften noises Gertrude Stein said, "A rose is a rose is a rose." She would never have gotten away with saying the same thing about a rug. A rose exudes vanity and its life is fleeting. A...

Incorporating elegant doors into office design adds class. (Interior designer Oreste Valdez uses doors from Acoutec Woodworking)
July 4, 1991... Incorporating elegant doors into office design adds class It's a long way to Paris but a bit of French class is increasingly turning up in business offices about town. When interior designer Oreste Valdez was commissioned by Careers Inc....

Global Life to incorporate in P.R. (Global Life Assurance Company Ltd., Puerto Rico)
July 4, 1991... Global Life to incorporate in P.R. The Global Life Assurance Co. Ltd., a new subsidiary of Life of Jamaica, will file for incorporation in Puerto Rico in the first part of July, according to Gordon Arnold, vice president of marketing for Life...

Cadence Inc. to inaugurate P.R. facilities. (Cadence Puerto Rico Inc., software manufacturer)
July 4, 1991... Cadence Inc. to inaugurate P.R. facilities Cadence Puerto Rico Inc. will officially inaugurate its facilities on July 11. The company, which develops and markets computer software to automate the designing of electronic systems, printed...

Wang introduces EC 460/50C personal computer. (Wang Laboratories Inc.) (product announcement)
July 4, 1991... Wang introduces EC 460/50C personal computer Wang Laboratories Inc. recently introduces the EC 460/50C personal computer (PC). This computer makes Wang one of the first vendors to offer a PC based on the new 50-megahertz i486 chip, Intel...

Major shippers' new equipment makes shipping easier. (containers, Trailer Marine Transport Corp., Sea-Land)(Special Feature - shipping)
July 4, 1991... Major shippers' new equipment makes shipping easier The shipping industry is continually engaged in making its operations more efficient and cost-effective. This includes ships, containers, piers and office operations. "We are constantly...

Cargo movement at ports shows signs of recovery after decline. (Puerto Rico) (Special Feature - shipping)
July 4, 1991... Cargo movement at ports shows signs of recovery after decline The movement of cargo through Puerto Rico's sea and air ports decreased during December 1990 and the first two months of 1991, according to statistics compiled by the Puerto Rico...

P.R. freight forwarders turn to computers. (Puerto Rico) (Special Feature - shipping)
July 4, 1991... P.R. freight forwarders turn to computers Two years ago, facsimile machines were the rage among customs brokers and freight forwarders. Today, the biggest development among custom brokers and freight forwarders is the use of sophisticated...

Nowadays in Puerto Rico there is more demand for cold storage. (Special Feature - shipping)
July 4, 1991... Nowadays in Puerto Rico there is more demand for cold storage One major special cargo storage need on the island is cold storage. Actually, cold storage is the wrong word. It should be called temperature-controlled storage. Meat, for example,...

Majority agree more cargo storage facilities are necessary. (warehouses) (Special Feature - shipping)
July 4, 1991... Majority agrees more cargo storage facilities are necessary Not everyone in the industry agrees, but the majority opinion is that despite the private and public warehouses on the island, the lack of warehouse space is part of the reason that...

Non Vessel Operating Common Carriers accept smaller shipments. (Special Feature - shipping)
July 4, 1991... Non Vessel Operating Common Carriers accept smaller shipments Puerto Rico is served by different kinds of freight transportation services. Some are easy to classify. There is air freight and there is ocean freight. There is domestic freight,...

Ports Authority planning many improvements to cargo facilities. (Puerto Rico) (Special Feature - shipping)
July 4, 1991... Ports Authority planning many improvements to cargo facilities Jose A. Buitrago, Ports Authority's executive director, talks time, seasons, years, and Capital Investment Plans. In three years on the job he has $51.7 million worth of...

Many options are available locally to ship products anywhere. (Puerto Rico) (Special Feature - shipping)
July 4, 1991... Many options are available locally to ship products anywhere Emphasis has shifted in recent months toward the so-called global economy. Many businesses are looking at ways to export their products to new markets and expand their areas of...

Keep the goods moving. (Puerto Rico shipping industry) (editorial)
July 4, 1991... Keep the goods moving For many years shippers and exporters doing business in Puerto Rico have persevered - and often prospered - in spite of the seriously deteriorated condition of our ports facilities. Puerto Rico depends on ocean...

Banco Comercial to buy GE Capital of P.R.
July 4, 1991... Banco Comercial to buy GE Capital of P.R. CARIBBEAN BUSINESS has learned that Banco Comercial de Mayaguez has reached an agreement to buy General Electric Capital Corp. of Puerto Rico for an undisclosed amount. Officials of Banco...

!Ole! Okay? Spanish-Only rapidly becoming Spanish-Maybe. (Commonwealth Government backs away from supporting bill making Spanish the sole official language of Puerto Rico)(includes related article on professionals seeking exemption from bill)
July 11, 1991... Four months after Gov. Rafael Hernandez Colon signed the bill that made Spanish the sole official language of Puerto Rico, the Commonwealth government is quietly backing away from supporting it through the granting of innumerable exemptions....

Government looks to expropriate property. (Puerto Rico government's plan to take over the Condado Hotel Partnership S.E.'s property to expand parking spaces)
July 11, 1991... The Puerto Rico government is considering the possibility of expropriating the Condado property adjacent to the Dupont Plaza Hotel in order to add needed parking spaces for the hotel's expansion, according to local government officials. The...

Santander offers $400,000 for First Service. (Banco Santander of Spain offers to buy First Service Corp. from the Resolution Trust Corp.)
July 11, 1991... Spain's Banco Santander has offered $400,000 to acquire First Service Corp. from the Resolution Trust Corp. (RTC), the federal agency that manages and sells failed savings banks and their assets. The offer has been approved by the RTC's...

Arthur Young loses anti-competitive case. (now known as Ernst & Young; case filed against Virgilio Vega)
July 11, 1991... Judge Gilberto Gierbolini of the P.R. Superior Court in San Juan issued a key decision last month that is likely to affect nearly all professions in Puerto Rico. The case involved a lawsuit by the accounting firm Arthur Young & Co. (now...

Maderas Alfa, Mateco sue Garcia Comercial. (suit seeking payment for materials bought by Metro Hardware & Lumber Co. Inc. doing business as Garcia Comercial)
July 11, 1991... Maderas Alfa Inc. and Mateco have each filed lawsuits with the Superior Court in San Juan against Metro Hardware & Lumber Co. Inc. (doing business as Garcia Comercial), Garcia Comercial Mayaguez Inc., Tempus Fugit Inc., Victory Realty Inc.,...

R&G Federal continues to rack up gains. (increased earnings of R&G Federal Savings Bank)
July 11, 1991... If there is one thrift institution in Puerto Rico that epitomizes how savings banks on the island have bounced back from the 1988- 1990 thrift crisis, it is R&G Federal Savings Bank, which continues to rack up impressive gains. While...

1st Fed step closer to capital. (loan from Banco Popular de Puerto Rico makes First Federal Savings Bank one step closer to full capital compliance)
July 11, 1991... First Federal Savings Bank moved one step closer to full capital compliance late last month, when it borrowed from Banco Popular de Puerto Rico the $35 million needed to complete a critical transaction with the Federal Deposit Insurance Corp....

Frito Lay single-serving cracker debuts. (new bite-size cheddar cheese crackers in single-serving bags)
July 11, 1991... The local market has been dominated by crackers packaged in party-size or family-size boxes but Frito Lay hopes to change all this soon, with "a new cracker that cracks you up." The company has recently launched new bite-size cheddar cheese...

Quaker Oats revamps, varies farina products. (Quaker Puerto Rico Inc. makes farina with cinnamon microwaveable)
July 11, 1991... When a product category matures, it must evolve or otherwise it perishes. Such is the case of Quaker Oats of Puerto Rico, which recently placed a microwaveable hot cereal -- farina with cinnamon -- on the local market. The original idea...

Construction begins on medical building. (Empresas Tamayo's medical office building project)
July 11, 1991... Construction of a $5 million medical office building on Pavia Street in Santurce is underway. Pavia 411 -- which is both the buildings' name and address -- has two floors for offices with a common area/mall and an underground parking garage...

Pepe sues firms for counterfeiting. (Pepe U.K. Ltd. and Pepe Clothing USA Inc. sues several T-shirt wholesalers, retailers and manufacturers in Puerto Rico for copyright and trademark infringement)
July 11, 1991... Pepe (U.K.) Ltd. and Pepe Clothing (USA) Inc. have filed six lawsuits with the U.S. District Court for the District of Puerto Rico against several T-shirt wholesalers, retailers and manufacturers in Puerto Rico for infringement of registered...

Bella International now No. 2 in P.R. (Puerto Rico's second-largest automobile dealership) (company profile)
July 11, 1991... What started out 28 years ago as a small motorcycle distributor is today Puerto Rico's second-largest auto dealership and one of the largest auto distributors on the island. Bella International was established in 1963, when the firm...

Puerto Rico Communications Corp. links up. (integrates telephone services with Puerto Rico Telephone Company)
July 11, 1991... A year after its acquisition by the Puerto Rico Telephone Authority, the Puerto Rico Communications Corporation (PRCC) is putting the finishing touches on the integration of its services with those of Puerto Rico Telephone Company (PRTC)....

MicroAge offers new IBM system. (IBM Personal System/2L40 SX on the Puerto Rico market)
July 11, 1991... MicroAge recently placed the IBM Personal System/2 L40 SX on the Puerto Rico market. The 386X computer from IBM operates with battery power that lasts up to three hours or can be used with an electric adapter. The PS/2 provides the same...

Firm to pay for violating marketing pact. (Amgen Inc. to pay $164 million to Johnson & Johnson's subsidiary, Ortho Biotech Inc., for violation of 1985 drug marketing agreement)
July 11, 1991... Amgen Inc. will continue with its plans to invest in excess of $50 million to develop a pharmaceuticals manufacturing plant in Puerto Rico despite an arbitration judge's order requiring the company to pay $164 million to a Johson & Johnson...

Eagle Tools begins operations in Humacao. (Eagle Tools Manufacturing Inc.'s manufacturing operations in Puerto Rico to produce carbide saw blades) (company profile)
July 11, 1991... Eagle Tools Manufacturing Inc., a new venture involving Italian investors, has established manufacturing operations in Puerto Rico to produce high-technology carbide saw blades. The saw blades manufactured by Eagle Tools Manufacturing are...

Air cargo. (growth of cargo airline business)
July 11, 1991... Air cargo is a growing and vital part of Puerto Rico's economy, and in spite of the recession it has succeeded in growing to record numbers. There are an estimated 30 airlines that regularly handle cargo through the Luis Munoz Martin...

Interstate provisions part of bank reform. (part of the Bank Reform Bill would allow state and nationally chartered banks to enter Puerto Rico)
July 11, 1991... WASHINGTON -- Interstate banking provisions approved by the House Banking, Finance and Urban Affairs Committee would allow state and nationally chartered banks to enter Puerto Rico, according to Joaquin A. Marquez, Washington attorney for the...

P.R. mortgage foreclosures down. (Puerto Rico's percentage is below the national average)
July 11, 1991... WASHINGTON -- Puerto Rico's mortgage foreclosure percentage was below the national average, while its delinquency rate was much higher during the first quarter of 1991 which ended March 31, according to a Mortgage Bankers Association senior...

MIDA fights proposed increase in municipal gross receipts tax. (MIDA is the Spanish acronym for the Food Marketing Industry & Distribution Association)
July 11, 1991... The food industry, through its organization MIDA, says it feels overwhelmed with recent increases in operating costs (higher maritime shipping rates) and taxes (soft drink tax). And now there's more to worry about: the proposed hike in...

Soda tax that was strongly opposed by MIDA is now in effect. (MIDA is the Spanish acronym for Food Marketing Industry & Distribution Association; excise tax on soft drinks)
July 11, 1991... The excise tax on soft drinks has now been in effect since May 24 and the government has already received its first revenues from it. The new tax represents another government regulation -- such as the Closing Law -- which the Food...

Association remains opposed to Puerto Rico's Closing Law. (MIDA is the Spanish acronym for Food Marketing Industry and Distribution Association; law which limits Sunday selling hours of stores from 11 in the morning to 5 in the afternoon)
July 11, 1991... The Closing Law is still with us. This, despite the fact that just a few months ago its repeal seemed virtually assured. Both MIDA--the Food Marketing Industry and Distribution Association -- and the Chamber of Commerce worked hard in favor...

MIDA opposes House bill to restrict sale of imported chicken. (MIDA is the Spanish acronym for Food Marketing Industry & Distribution Association; House Bill 1307 banning the sale of chicken 30 days after date of slaughter)
July 11, 1991... MIDA is trying its best to stay out of the sometimes virulent "chicken war," but it has expressed its opposition to House Bill 1307, which started the uproar back in April when it was first proposed. The Food Marketing Industry &...

But then, they have deep pockets, too. (Trailer Bridge Company Inc.'s entry into the Puerto Rico-US shipping trade)
July 11, 1991... The scheduled entry of Trailer Bridge Company Inc., a new shipping company, into the Puerto Rico-U.S. trade next September has executives from several carriers worried. The growth in cargo volume between Puerto Rico and the mainland has been...

Jose Luis Castillo Sr. (president of Cesar Castillo Inc.; launches new product line, the Jergens Advanced Therapy Lotion)
July 11, 1991... Rare is the chance to capture a whole family of entrepreneurs in one place at one time, but the opportunity came recently at the Condado Plaza Hotel's Royal Room when Jose Luis Castillo Sr. and all his sons gathered together for the launch of a...

Bridge over lagoon could be completed by the end of 1993. (bridge crossing San Jose Lagoon connecting Baldorioty de Castro Avenue and the entrance to Luis Munoz Marin International Airport in Isla Verde)
July 11, 1991... A long-awaited bridge which would cross San Jose Lagoon, connecting Baldorioty de Castro Avenue and the entrance to Luis Munoz Marin International Airport is Isla Verde with points south of the lagoon, could be completed by the end of 1993 or...

Drivers on two major expressways experience delays. (effects of new toll payments on the De Diego and Las Americas expressways)
July 11, 1991... Thousands of motorists faced longer-than-usual delays on Monday last week when new tools went into effect on the De Diego and Las Americas expressways. Drivers and tollbooth operators were apparently confused in some instances by the sudden...

AA expands Miami service. (daily service of American Airlines from Puerto Rico's Luis Munoz Marin International Airport to Miami, Florida)
July 11, 1991... American Airlines is expanding its daily service to Miami from Puerto Rico's Luis Munoz Marin International Airport, according to Dennis LeBright, general manager of the airline's Puerto Rico operations. American, which currently offers...

Wal-Mart casts a shadow of concern upon P.R. retailers. (Wal-Mart Stores Inc. heats up competition in Puerto Rico's retail industry as it opens series of department stores)
July 18, 1991... Wal-Mart casts a shadow of concern upon P.R. retailers The highly-competitive retail industry in Puerto Rico is bracing itself for the first of a series of shock waves Wal-Mart is expected to cause with the opening of a giant department store...

China business venture to use P.R. as hub. (Chinese business enterprises expand to the Caribbean area, using Puerto Rico as its trading and financial hub)
July 18, 1991... China business venture to use P.R. as hub CARIBBEAN BUSINESS has learned of a major effort under way by the government of China to expand some of that country's business enterprises to the Caribbean and Latin America, using Puerto Rico as its...

Japanese firm plans to build resort here. (Shingow & Etow Development plans resort in Dorado, Puerto Rico)
July 18, 1991... Japanese firm plans to build resort here Shingow & Etow Development, a Monterey, Calif.-based Japanese resort development firm, has plans to build a 300-acre resort in Dorado that will include a 500-room hotel, 200-unit condominium and a...

P.R. Telephone Co. president resigns post? (Fabio Garcia Matienzo, Puerto Rico Telephone Co. president)
July 18, 1991... P.R. Telephone Co. president resigns post? Fabio Garcia Matienzo, president of the Puerto Rico Telephone Co. for the past two years, reportedly submitted his resignation. Garcia has been directing the telephone company since the departure of...

P.R. to host InterAmerican Trade Conference. (Puerto Rico)
July 18, 1991... P.R. to host InterAmerican Trade Conference Puerto Rico will be this year's host of the InterAmerican Trade Conference, to be held Nov. 1-5 at the Caribe Hilton Hotel. The main speaker of the activity could be U.S. President George Bush. ...

New Eastern to emerge from ashes of old. (Airline Acquisition Corp. creates new airline out of remaining assets of bankrupt Eastern Airlines)
July 18, 1991... New Eastern to emerge from ashes of old A private development corporation is attempting to create a new airline out of the remaining assets of the bankrupt Eastern Airlines. The company, Airline Acquisition Corp.(AAC), is seeking to establish...

936 program expected to overcome setback. (discontinuation of federal guarantees of 936 loans in the Caribbean to have negative consequences)
July 18, 1991... 936 program expected to overcome setback The decision by the U.S. government to discontinue federal guarantees of 936 loans in the Caribbean, while described by analysts as a setback, is not expected to harm the lending program significantly...

Wait & see attitude prevails on GDB choice. (skepticism hounds Jose Berrocal's capability to handle presidency of Government Development Bank for Puerto Rico)
July 18, 1991... Wait & see attitude prevails on GDB choice The choice of Jose Berrocal to replace Ramon Cantero Frau as president of the Government Development Bank for Puerto Rico (GDB) has become somewhat of a mystery appointment in Hato Rey's financial...

Lehman to handle Plaza del Caribe bonds. (Lehman Brothers to handle Empresas Fonalledas' bonds)
July 18, 1991... Lehman to handle Plaza del Caribe bonds The bonds to finance the construction of Ponce's Plaza del Caribe mall will now be underwritten by a group of local investment banks led by Lehman Brothers. In a highly unusual move, the mall's...

Earnings increase at three local banks. (First Federal Savings Bank; BanPonce Corp.; Banco Central Corp.)
July 18, 1991... Earnings increase at three local banks First Federal Savings Bank reported a net income of $2.7 million or $.52 per share for the second quarter ended June 30, as anticipated by CARIBBEAN BUSINESS nearly a month ago. BanPonce Corp., the...

Wal-Mart founder propels firm to no. 1 slot. (Sam Walton)
July 18, 1991... Wal-Mart founder propels firm to No. 1 slot Behind the extraordinarily successful operations of Wal-Mart Stores Inc., there is a 73 year-old man, Sam Walton, who established the first store 29 years ago of what, today, is the largest retail...

Sam's Club to open in Caguas in mid-1992. (Caguas, Puerto Rico)
July 18, 1991... Sam's Club to open in Caguas in mid-1992 Caguas will be the home of the projected 130,848-square-foot Sam's Club, which is scheduled to open in the spring of 1992. According to an industry analyst, the Puerto Rico store is expected to sell...

Pizza Chef vending machine on the way. (Super Snack Technologies Ltd. to bring Pizza Chef Vending Machine to Puerto Rico)
July 18, 1991... Pizza Chef vending machine on the way A pizza vending machine? Yes that's the local vending machine industry's newest product. The Pizza Chef Vending Machine, manufactured in Pennsylvania, is making its entry to the Puerto Rico market. The...

French investors study P.R. business. (French minister Jean-Daniel Tordjman visits Puerto Rico to study business opportunities)
July 18, 1991... French investors study P.R. business Last week, Jean-Daniel Tordjman, French minister and chief of services for the economic expansion of France in the U.S., visited Puerto Rico to study local business opportunities for potential French...

Grande to sell only locally produced eggs. (Grande Supermarkets)
July 18, 1991... Grande to sell only locally produced eggs Last week, Atilano Cordero Badillo, president of Empresas Cordero Badillo, announced that, from now on, Grande Supermarkets will only sell locally produced eggs. This is the first formal effort by a...

Ports Authority spends $85M on cruise piers. (Puerto Rico Ports Authority)
July 18, 1991... Ports Authority spends $85M on cruise piers The Puerto Rico Ports Authority will invest more than $85 million over the next five years to renovate and build new pier facilities for cruise ships docking in the Port of San Juan. The new...

Delta on road to becoming top U.S. airline. (Delta Air Lines)
July 18, 1991... Delta on road to becoming top U.S. airline Delta Air Lines' bid to acquire several routes and aircraft from Pan American World Airways could push it into the No. 1 slot as the nation's largest airline, according to Clive Banfield, Delta's...

P.R. Planning Board looks toward 2005. (Puerto Rico Planning Board plans to hold 2004 Olympic Games in Puerto Rico)
July 18, 1991... P.R. Planning Board looks toward 2005 The Puerto Rico Planning Board has been holding a series of private meetings with construction industry leaders to get a feeling for their concerns regarding future developments on the island, problems...

Fajardo Partners get $11M loan. (Royal Bank of Canada grants loan to Fajardo Partners S.E.)
July 18, 1991... Fajardo Partners get $11M loan Royal Bank of Canada provided Fajardo Partners S.E. a $11 million interim loan for the construction of Fajardo Plaza, a shopping center that will feature as its major tenant a Wal-Mart Store, the largest...

Health Plus has asthma prevention program. (Health Plus Inc.)
July 18, 1991... Health Plus has asthma prevention program Health Plus Inc. recently announced the development of an asthma prevention program in response to the high cost of health containment and the increasing number of hospital admissions and deaths due...

Insurance company penalized. (Insurance Company of Florida)
July 18, 1991... Insurance company penalized Miguel A. Villafane, Puerto Rico's insurance commissioner, recently emitted an order penalizing the Insurance Company of Florida for $5,400. The company has been asked to submit evidence that would prove it...

Human resources firms. (Industry Profile)
July 18, 1991... HUMAN RESOURCES FIRMS As rapidly developing technology plays a larger role in the workplace, experts continue to predict that machines will eventually replace people in performing various jobs. The reality is, however, that to date these...

Interleaf Americas markets software in P.R. (Puerto Rico)
July 18, 1991... Interleaf Americas markets software in P.R. Because of the increasing use of Interleaf software in Puerto Rico, the electronic and documentation systems company is working harder than ever to establish more contacts that would eventually...

NCR System 3125 notepad reads handwriting. (product announcement)
July 18, 1991... NCR System 3125 notepad read handwriting NCR recently released on the market its System 3125, the first level of the NCR System 3000 family of general purpose computers. The 3125 System is a notepad, with a special pen, that is capable of...

San Juan to be 'affordable housing' site. (San Juan, Puerto Rico)
July 18, 1991... San Juan to be |affordable housing' site WASHINGTON - San Juan is one of 11 cities selected as affordable housing program demonstration sites by the National Association of Realtors (NAR) and U.S. Conference of Mayors (USCM). A coalition...

P.R.'s asbestos problem could be gone in 5 years with removal. (asbestos removal industry in Puerto Rico)(Asbestos Management: Environmental Issues)
July 18, 1991... P.R.'s asbestos problem could be gone in 5 years with removal Asbestos removal does not make the headlines much these days but it is still going in Puerto Rico. "We have 75 people working with asbestos but we used to have a lot more," said...

Eight laboratories on island do 60% of environmental testing. (environmental laboratories)(Asbestos Management: Environmental Issues )
July 18, 1991... Eight laboratories on island do 60% of environmental testing Environmental issues are complicated, interrelated and seemingly endless. To be able to measure and to comply with environmental standards in air, water, solid waste, hazardous...