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Caribbean Business articles from November 1991

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Caribbean Business archives from November 1991

Tourism, Puerto Rico's stepchild, finally gets government attention.
November 28, 1991... Tourism, Puerto Rico's stepchild, finally gets government attention A new agency, the Puerto Rico Hotel Development Corporation, new financing policies by the Government Development Bank, and renewed enthusiasm for promoting the island on...

Pridco to acquire land for hotel expansion. (Puerto Rico Industrial Development Co.)
November 28, 1991... Pridco to acquire land for hotel expansion The Puerto Rico Industrial Development Co. (Pridco) is in the process of acquiring 12 acres of land adjacent to the Caribe Hilton Hotel & Casino in order to expand the hotel property. The U.S....

Venezuelan group to open P.R. offshore bank. (Banco Progreso to open in Hato Rey, Puerto Rico)
November 28, 1991... Venezuelan group to open P.R. offshore bank A Venezuelan financial conglomerate will soon establish an offshore bank in Puerto Rico, according to Financial Commissioner Jose A. Sosa. Sosa could not specify when a license will be granted...

Clark Melvin and IVY set up joint venture. (Clark Melvin Securities Corp.; IVY Investment Group)
November 28, 1991... Clark Melvin and IVY set up joint venture Clark Melvin Securities Corp. and IVY Investment Group, two locally owned investment banks in Hato Rey, have joined forces to provide public finance services to government agencies in Puerto Rico...

STSJ to acquire bulk assets of PR TeleCom. (St. Thomas and San Juan Overseas Telephone Co.; Puerto Rico Telecom)
November 28, 1991... STSJ to acquire bulk assets of PR TeleCom Ainsworth Hunt, marketing director of St. Thomas and San Juan Overseas Telephone Co. (STSJ), has announced that STSJ recently agreed to purchase the bulk operating assets of Puerto Rico Telecom. The...

Perez & Cia. buys part of Agencia Navemar. (Perez & Cia de Puerto Rico)
November 28, 1991... Perez & Cia. buys part of Agencia Navemar Perez & Cia, a large Spanish shipping firm, has purchased a majority interest in local shipping agency Agencia Navemar. The purchase of more than 50% of Agencia Navemar's stock by Perez & Cia....

Puerto Rico's student loan market tightens. (Banco Popular de Puerto Rico remains only bank in Puerto Rico granting student loans)
November 28, 1991... Puerto Rico's student loan market tightens A crisis in the making has emerged in Puerto Rico following the recent sudden exit by all but one bank on the island from the business of making student loans. "Right now, we're the only one...

Global credit crunch hurting hotels. (lack of hotel developments in Puerto Rico) (Industry Overview)
November 28, 1991... Global credit crunch hurting hotels During the 1970s and 1980s, developers on the mainland were often able to use rosy plans and projections to attract banks and investors from around the world into lending up to 80% or 90% of a project's...

Bankers stake out positions on Reg. 24-A. (Regulation 24-A sets interest rates and finance charges in Puerto Rico)
November 28, 1991... Bankers stake out positions on Reg. 24-A The Commonwealth Finance Board was scheduled to hold hearings this week to hear comments on the proposed changes to Regulation 24-A, the ruling that sets interest rates and finance charges on the...

Decision Support plans resort, mini-town. (project of Decision Support International to start on El Club Deportivo in Cabo Rojo, Puerto Rico)
November 28, 1991... Decision Support plans resort, mini-town Construction of the $60 million resort El Club Deportivo del Oeste in Cabo Rojo is expected to begin by mid-1992. "We're currently trying to resolve some minor issues about the permits," said...

Landmark tourism property builds new attractions, polishes up the old. (plans for a new Palmas Del Mar by the Marriott Corp.)
November 28, 1991... Landmark tourism property builds new attractions, polishes up the old The new luxury hotel planned for the Palmas Del Mar resort in Humacao is likely to become one of the first tourism development projects to be assisted by the new...

Amgen to produce biotech drugs in P.R. (Amgen Manufacturing Inc.; Puerto Rico)
November 28, 1991... Amgen to produce biotech drugs in P.R. Amgen Manufacturing Inc. has established operations for the processing of advanced pharmaceutical products in Juncos. This could be crucial in the efforts by the Puerto Rico Economic Development...

Ramirez-Isern represents Merrell Dow line. (Ramirez-Isern Distributors)
November 28, 1991... Ramirez-Isern represents Merrell Dow line Ramirez-Isern Distributors recently began distribution of Merrell Dow's product line as a result of an agreement between the distributor and Marion Laboratories. Last May, Ramirez-Isern...

Trial date set for Wal-Mart vs. Alonso. (Wal-Mart Stores Inc.; Santos Alonso Maldonado)
November 28, 1991... Trial date set for Wal-Mart vs. Alonso Federal Judge Jose A. Fuste has set a trial date in the case of Wal-Mart vs. Santos Alonso Maldonado, president of Mr. Special Supermarkets Inc., Mr. Special Supermarkets, Mr. Special Cash & Carry and...

Christmas season off but not running. (slow start of Christmas shopping season) (Industry Overview)
November 28, 1991... Christmas season off but not running The Christmas shopping season has officially begun. Retailers have been waiting all year long for the holiday shopping rush, hopeful it will substantially pump up sales figures over last year's...

Navi-Mall tree sales to begin on Nov. 29.
November 28, 1991... Navi-mall tree sales to begin on Nov. 29 A new concept in Christmas tree sales will be initiated this holiday season, when Navi-Mall starts operating in Plaza Las Americas on Nov. 29. What makes Navi-Mall different from the many...

Metropolitan operates industrial eateries. (Metropolitan Industrial Food Service Inc.) (Company Profile)
November 28, 1991... Metropolitan operates industrial eateries Valentin Navarro has never sought wide recognition for his business, despite his considerable success since first opening Metropolitan Industrial Food Service Inc. a little over 20 years ago. Now,...

TLD allegedly fined by FCC for noncompliance. (Telefonica Larga Distancia; Federal Communications Commission)
November 28, 1991... TLD allegedly fined by FCC for noncompliance Telefonica Larga Distancia (TLD), the long distance carrier and subsidiary of the Puerto Rico Telephone Authority (PRTA), was recently found - along with eight other companies from the U.S....

AT&T exposes phone con artists. (how to avoid becoming a phone fraud victim)
November 28, 1991... AT&T exposes phone con artists Thousands of people are being ripped off every day by con artists who trick them into revealing their phone card numbers or accepting long distance charges. Industry experts estimated that the annual bill for...

Motorola eliminates CFCs from manufacturing. (chlorofluorocarbons)
November 28, 1991... Motorola eliminates CFCs from manufacturing Executives of Motorola Inc. recently announced that the firm's Vega Baja manufacturing plant has totally eliminated the use of Freon-113. This chemical contains chlorofluorocarbons (CFCs) that...

TPI acquires Motorola P.R. (TPI Transmission Services Inc.; Motorola de Puerto Rico Inc.) (Brief Article)
November 28, 1991... TPI acquires Motorola P.R. Executives of FirstMark Holdings Inc. and Motorola Inc. recently announced that TPI Transmission Services Inc., their joint-venture corporation, has agreed to purchase the paging business and assets of Motorola...

Many plants shut down at Christmas for industrial maintenance. (manufacturing plants in Puerto Rico)
November 28, 1991... Many plants shut down at Christmas for industrial maintenance About this time of year those in industrial supplies and industrial maintenance services enjoy increased business. This year, because of the slow economy, this business is...

Many businesses utilize janitorial contractors in maintenance.
November 28, 1991... Many businesses utilize janitorial contractors in maintenance Contracting for janitorial services, often described as building maintenance services, in commerce, banking, industry and even government, has become a common means of keeping...

Shutdown period in manufacturing plants a fact of industrial life.
November 28, 1991... Shutdown period in manufacturing plants a fact of industrial life The majority of Puerto Rico's manufacturing plants schedule one or more short shutdown periods during the year. Industry plans these shutdowns for one reason: factory...

Landscaping enhances many manufacturing plants in Puerto Rico.
November 28, 1991... Landscaping enhances many manufacturing plants in Puerto Rico Landscape gardening, also referred to as landscape architecture, is the art of method of changing or enhancing natural surroundings to produce a more attractive appearance. ...

Computerized off-track betting hits P.R. (Puerto Rico)
November 28, 1991... Computerized off-track betting hits P.R. The computer has become an essential basic tool in almost any type of business, even those not ordinarily associated with electronics. Juan Manuel Rivera, president of El Comandante Operating...

Computec introduces Lee Data computers. (exclusive distributorship agreement)
November 28, 1991... Computec introduces Lee Data computers Computec's recent introduction of a new line of computers came about as a result of an agreement between Computec and Lee Data, a division of ISS Inc., for the exclusive distributorship of the Lee Data...

Lady Grana given extensive media launch. (women's underwear line manufactured by Olympic Mills Corp.)
November 28, 1991... Lady Grana given extensive media launch Corporate Communicators Inc. created and launched the new advertising campaign for a line of women's and girls' underwear which hit the market three weeks ago. Lady Grana and Little Lady Grana are...

A giant step forward for tourism. (tourist industry in Puerto Rico) (Editorial)
November 28, 1991... A giant step forward for tourism It certainly sounds too good to be true. The Commonwealth government is finally going to take an aggressive posture in helping the tourism industry to grow. At least that's what is planned by the...

Thoughts while waiting for bull market to resume. (stock market trading in the United States) (Column)
November 28, 1991... Thoughts while waiting for bull market to resume Thoughts while waiting for the bull market to resume: - The most important lesson of the latest hysteria on Wall Street should be familiar by now, but it seems to surprise many folks each...

You can't sell it if they don't want it. (the selling and buying of chewing tobacco by the American public) (Column)
November 28, 1991... You can't sell it if they don't want it When I was a barefoot lad in a rural Georgia town, still shy of entering the first grade, the subject of tobacco chewing presented itself for my consideration. There were many adults in my little...

Republicans deserve 'Golden Sieve Award.' (fuss over press leak on Anita Hill's charges of sexual harrassment against Clarence Thomas) (Column)
November 28, 1991... Republicans deserve |Golden Sieve Award' WASHINGTON - The exaggerated Republican fuss over the press leak that revealed Anita Hill's charges deserves the Golden Sieve Award for straining partisan gunk from the legitimate issue of sexual...

Pridco credit rating expected to improve. (Puerto Rico Industrial Development Co.)
November 28, 1991... Pridco credit rating expected to improve The Puerto Rico Industrial Development Co.'s (Pridco) plans to transfer ownership of its tourism properties to a separate subsidiary is expected to boost the agency's credit rating. An improved...

Going, going, gone! Proposed auto tax revision crushes new car sales. (Puerto Rico Treasury Department's proposed car taxation) (Industry Overview)
November 21, 1991... The Puerto Rico market for new automobiles, already spinning its wheels from consecutive years of declining new car sales and competition from imported used cars, is now threatened by a Puerto Rico Treasury Department (Hacienda) proposal to...

Convention bureau eyes land for new center. (San Juan-Puerto Rico Convention Bureau's site for convention center)
November 21, 1991... The San Juan-Puerto Rico Convention Bureau is looking into the possibility of taking over the option to purchase a government-owned 12-acre lot in Isla Verde, according to information obtained by CARIBBEAN BUSINESS. The lot became available...

Western's bid to go private is challenged. (Western Federal Savings Bank's management takeover is blocked by Thomas Garity)
November 21, 1991... Leading local stockbroker Thomas Garity has launched an effort to block the move by the management and board of Western Federal Savings Bank (WesternBank) to take the thrift institution private, charging that the bank's attempt is underhanded...

Empresas Lucia to acquire Velasco at Plaza. (es de Velasco Inc. in Plaza Las Americas) (Brief Article)
November 21, 1991... Empresas Lucia, a sister company of the Gonzalez Padin department store chain, has signed a preliminary agreement to purchase all the assets of the family-owned 22,000 square-foot es de Velasco store in Plaza Las Americas for an undisclosed...

AIG Real Estate again approaches Marriott. (AIG Real Estate Investment Management Co.) (Brief Article)
November 21, 1991... AIG Real Estate Investment Management Co. and the Marriott Corp. are once again discussing the possibility of the latter's involvement in the re-opening of the Dupont Plaza Hotel in Condado. "AIG finally realized that it was difficult to...

Shopping center being planned for Bayamon. (Bayamon, Puerto Rico)
November 21, 1991... Saleh Yassin, president of the El Amal pharmacy chain, is planning to build a 125,000-square-foot shopping center on an 8-cuerda (one cuerda equals 0.97 acre) site in Bayamon, where Auto Principal was previously located. According to...

Airlines, ship operators oppose fuel tax. (Puerto Rico Department of Treasury's proposed new tax on aviation and marine fuel)
November 21, 1991... The Puerto Rico Treasury Department (Hacienda) has proposed a new tax on aviation and marine fuel. This would deal a devastating blow to airlines and ship operators servicing the island, as well as to the island's emerging fuel supply...

Santander won't join Popular's ATH system. (Banco Santander Puerto Rico and Santander Federal Savings Bank; Banco Popular de Puerto Rico's A Toda Hora automatic teller machine network)
November 21, 1991... Banco Santander Puerto Rico and Santander Federal Savings Bank have decided not to join the automatic teller machine network (A Toda Hora or ATH) operated by Banco Popular de Puerto Rico, according to industry sources. Last month, Banco...

P.R. credit unions to begin merging soon. (Puerto Rico credit unions)
November 21, 1991... The merger train riding across the economy is about to reach an unlikely target: Puerto Rico's savings-and-loan cooperatives. The island's 277 cooperatives (co-ops), or credit unions, will soon embark on a series of consolidations...

Countdown begins to a new, improved 24-A. (Regulation 24-A on interest rates and finance charges in Puerto Rico)
November 21, 1991... The long wait for a new Regulation 24-A will finally be over in another week or two. The period for interested groups and individuals to submit comments on the proposed regulation to the island's Finance Board concluded this past Monday....

Central-Hispano Americano merger cleared. (Banco Central S.A.; Banco Hispano Americano)
November 21, 1991... Banco Central Corp. of Puerto Rico will have a larger parent bank beginning Jan. 1, 1992, upon the merger of Banco Central and Banco Hispano Americano, Spain's third- and sixth-largest banks, respectively. The merger overcame its last...

Cantalapiedra says he's 'in P.R. to stay.' (Benito Cantalapiedra of Banco Santander Puerto Rico)
November 21, 1991... Benito Cantalapiedra says he's in Puerto Rico to stay, in response to a CARIBBEAN BUSINESS report last week indicating that he will be transferred to Miami to direct Banco Santander's aggressive expansion in the Western Hemisphere. ...

Banco Popular joins Cellular One. (Banco Popular de Puerto Rico; Cellular One Inc.)
November 21, 1991... Banco Popular announced this week the signature of an agreement to connect its cellular phones to the Cellular One network. By joining the Cellular One family, Banco Popular hopes to continue its efforts to improve the efficiency of its...

P.R. to be RE/MAX regional headquarters. (Puerto Rico chosen by RE/MAX as site of it real estate franchise headquarters for the Caribbean Region)
November 21, 1991... RE/MAX, the second-largest real estate franchise in the U.S., will begin Caribbean operations next year and later move into Central America, with headquarters in Puerto Rico. The company will initially open from 10 to 20 offices in Puerto...

Novatek wants to be "Mova of electronics." (Novatek Manufacturing Corp. to copy Mova Pharmaceutical Corp.'s success)
November 21, 1991... Novatek Manufacturing Corp. is seeking to become to the electronics industry what Mova Pharmaceutical Corp. is to the pharmaceutical industry. The venture plans to begin contract manufacturing operations in electronics next year at a...

Cellular One breaks away from parent. (Cellular Communications Inc. separates from Cellular Communications of Puerto Rico Inc.)
November 21, 1991... Cellular Communications of Puerto Rico Inc. (CCPR), also known as Cellular One, has separated from its parent company Cellular Communications Inc. (CCI). According to William King, president of CCPR, the cellular company will become an...

How tax would affect car prices. (Puerto Rico's new automobile tax) (Industry Overview)
November 21, 1991... A closer look at automobile import tax figures provided by Hacienda for 29 passenger car models in four categories reveals that under the proposed tax system, the import tax levied on 15 of those models would decrease by an average of $807...

Number of car makes growing but not sales. (hard times for automobile dealers)(Puerto Rico) (Industry Overview)
November 21, 1991... Puerto Rico car dealers and distributors are having an increasingly difficult time marketing their vehicles because of the greater number of car models available on the market and tighter consumer lending by banks. In 1985, there were...

El Amal owner breaks ground on $7M building. (Farmacias Al Amal's owner Saleh Yassin)(office building in Guaynabo, Puerto Rico)
November 21, 1991... Construction has begun on a $7 million commercial and office building on a 1.5-cuerda lot (one cuerda equals 0.97 acre) next to Cinema 4 in Guaynabo. Construction of the 51,000-square-foot, three-level building is scheduled to be completed...

Sizzler to open second P.R. restaurant. (franchise steak house chain's second restaurant in Puerto Rico)
November 21, 1991... Sizzler, the franchise steak house chain, is soon to open its second restaurant in Puerto Rico, according to Jorge Colon Gerena, vice president of 21st Century Restaurants -- a sister company of Multiconcept Restaurants Inc., holding company...

October sees bankruptcies climb yet higher. (1991)(bankruptcies filed in Puerto Rico)
November 21, 1991... The month of October witnessed yet another increase in the total number of bankruptcies filed in Puerto Rico. According to Bankruptcy Court records, the total number of October cases increased 15.6% to 843 cases from the 729 filed in October...

IberSalud '92 to be part of Quincentenial. (international medical conference in Madrid, Spain)(Discovery of America)
November 21, 1991... IberSalud '92, an international medical conference, will be held in Madrid from April 20 through Oct. 25. It is sponsored by the Medical Congress Palace of the Madrid Medical Association. Speakers will include medical professionals and...

Role of the media in hazardous materials issues. (mass media industry)
November 21, 1991... (This article is based on the author's presentation during the Haztech conference.) The role of the media in hazardous waste hazardous materials issues cannot be examined without discussing the role of the press in general. All print...

Siscomp offers news software for law firms. (Sistemas Computarizados para Profesionales' Bufete 2.0) (Product Announcement)
November 21, 1991... Siscomp (Sistemas Computarizados para Profesionales) offers Bufete 2.0, a software program that allows law firms to computerize their daily operations. According to Rafael Emmanuelli Jimenez, president of Siscomp, this software is a...

Vehicle computer monitors fleet movements. (VCC supervisor computer for vehicles) (Product Announcement)
November 21, 1991... Computerized Services of Puerto Rico Inc. recently introduced the VCC supervisor computer for vehicles. This new computer allows companies to monitor their fleets of vehicles. According to Rafael Torres, vice president of Computerized...

PRFCA has loans for farmers or non-farmers. (Puerto Rico Farm Credit Association)
November 21, 1991... If you are seriously considering purchasing a farm, a house in the country, or you are a farm owner who needs help in improving your business, there are several programs for which you may qualify. The Puerto Rico Farm Credit Association...

Drug cost bill would affect island firms. (proposed prescription Drug Cost Containment Act of 1991)(Puerto Rico) (Industry Overview)
November 21, 1991... WASHINGTON -- The proposed Prescription Drug Cost Containment Act of 1991 which is being introduced in the Senate this week by Sen. David Pryor (D., Ark.) appears to be a stalking-horse for conversion of the 936 program to wage credit as well...

Mayaguez Holiday Inn to open on Dec. 15. (Holiday Inn Hotel, Mayaguez, Puerto Rico; 1991)
November 21, 1991... The new Holiday Inn hotel in the western city of Mayaguez is scheduled to open on Dec. 15, according to officials from H.I. Development Corp., owner and operator of the hotel. The Mayaguez hotel is the second new lodging facility inaugurated...

Delta flies Atlanta-St. Thomas. (St. Thomas Island, Virgin Islands) (Brief Article)
November 21, 1991... Delta Airlines will begin nonstop service from its hub in Atlanta to the island of St. Thomas on Dec. 15., using a 187-seat Boeing 757 aircraft. "We are delighted to bring our services to the Cyril E. King International Airport, the...

Preferred Hotels backs UNICEF. (El San Juan Hotel and Casino member of Preferred Hotels and Resorts Worldwide participates in United Children's Fund marketing of greeting cards to raise funds) (Brief Article)
November 21, 1991... El San Juan Hotel & Casino in Isla Verde, a member of Preferred Hotels & Resorts Worldwide, will participate in the 1991 public service effort to benefit the United Children's Fund (UNICEF). Preferred Hotels has donated $31,000 as its 1991...

Materiales Caribe enters retail market. (new store Garcia Commercial remodelled to a home improvement and construction materials center)
November 21, 1991... The 22,000 square-foot Garcia Comercial store at Santurce's Stop 18 is on the way to becoming a home improvement and construction materials center. At present, the new owner of Garcia Comercial in Santurce, Materiales Caribe, is in the midst...

P.R. mango-based products to be exported. (Puerto Rico-based Golden Fruit Co. to export mango preserves)
November 21, 1991... An enterprising daughter is keeping her father's dream alive with her idea of exporting a mango-based product from Puerto Rico. Marianne Maldonado Davila, president of the locally owned Golden Fruit Co., is negotiating to launch mango...

Symbol introduces latest bar code scanner. (Symbol Technologies Inc.; LS 5000) (Product Announcement)
November 21, 1991... Symbol Technologies Inc. recently introduced the LS 5000 slot scanner. This new model, which has become one of the smallest high-performance slot scanners on the market, operates with a laser diode-based scanner contained in a compact unit....

The camcorder carves its niche in industry. (handy camera video recorder)
November 21, 1991... Camcorders could very soon replace the camera as the perfect tool to capture those unforgettable moments. Photography will always be the most practical way to immortalize previous memories, but nowadays many people prefer to have those...

VCRs can now have theater-quality sound. (video cassete recorders)
November 21, 1991... One of the greatest differences between watching a home video and going to a movie theater is the sound quality. Even if your VCR is hooked up to a high quality stereo system, the theater's "Dolby Surround" three dimensional sound cannot be...

Aperitif list has grown over years to include large variety. (Liquors)
November 21, 1991... The choice of a cocktail is as personal a decision as the choice of what to eat for dinner. Just as there is a wide range of tastes between a hearty steak and a healthful salad, so there is between Scotch-on-the-rocks and white wine. ...

Wine tastings: expensive, time-consuming, jargon-laden and glorious. (Liquors)
November 21, 1991... Putting into words the taste of wine is as difficult and unsatisfying as describing -- rather than smelling -- perfume. The perfume industry, after a century or so of diaphanous advertising copy, finally blindsided the problem by...

Your own wine cellar adds sparkle to business entertaining. (Liquors)
November 21, 1991... Business entertaining can be a tricky affair at best -- and a nightmare at worst. Add to this the serving of the proper wine with each dish, and it's no wonder that most executives, out of sheer confusion, opt to take clients out to dinner...

El Dorado: or the failed search for an instant wine. (the search for mythical place of the fountain of youth)(Liquors)
November 21, 1991... The story goes that a century or two ago a Dutch merchant in France was looking for ways to cut down on the high cost of shipping large barrels of wine to Holland. His solution was to remove the water, so just the "essence of the wine" would...

Cutty Sark to be among main sponsors of Columbus Regatta '92. (Scotch whiskey company)(Liquors)
November 21, 1991... Cutty Sark, the biggest-selling Scotch whiskey on the market, is one of the main promoters of what will probably be the magnum event of 1992 -- the Gran Regata Colon '92 -- in commemoration of the 500th anniversary of Christopher Columbus'...

The doors of opportunity: an Argentinian chef in Puerto Rico. (Luis Lopez)(Restaurant Guide)
November 21, 1991... Luis Lopez, one of the best young chefs in Buenos Aires, admitted in a recent interview with CARIBBEAN BUSINESS that he had never planned a career in the kitchen. Just ten years ago, Lopez was well on his way to becoming a veterinarian...

Nathan's plans to add more restaurants in Puerto Rico. (Nathan's Famous Inc. franchises in San Juan and Mayaguez)(Restaurant Guide)
November 21, 1991... Nathan's, which recently opened its first Puerto Rico restaurant on Hato Rey's Roosevelt Avenue, has announced its plans to open four additional restaurants on the island over the next two years. According to Edward Rodriguez, president...

Beating the lunch hour blues: buffets with class. (Restaurant Guide)(Puerto Rico)
November 21, 1991... San Juan is a city known for its business lunches. A corps of executives make the rounds of a score of fine restaurants to make the opening -- or closing -- of a deal a delight. But what about the days there are no deals to make or...

Tita's Restaurant in Santurce becomes Sylvia's. (Restaurant Guide)(Puerto Rico)
November 21, 1991... In September, Tita's, the well-known restaurant on San Jorge Street in Santurce, started doing business under a new name and new management. Jaime L. Rodriguez, the new owner since August, has renamed the restaurant Sylvia's after...

National Guard faces new battlefield: the schoolhouse. (Puerto Rico's National Guardsmen help in renovation of public schools and supplying needs of school children)
November 21, 1991... Puerto Rico's National Guard is fighting a new type of battle these days, one which does not require any weapons or ammunition and whose mission revolves around renovating the more than 1,400 public schools on the island, in addition to...

Contac regroups in the cold medicine war. (SmithKline Beecham Corp.'s Contac Severe Cold and Flu medication is repackaged to compete with Comtrex by Bristol-Myers Squibb Co.)
November 21, 1991... The consumer brands division of SmithKline Beecham Corp. is attempting to expand its share of the $10 million-a-year Puerto Rico adult cold remedy market. By changing the packaging and marketing of its well-known Contac Severe Cold & Flu...

Portal de la Reina gets financing. (construction company Portal de la Reina S.A.)(Puerto Rico) (Brief Article)
November 21, 1991... The Santander Federal Bank and Portal de la Reina S.A. recently signed a financing contract of $4.9 million for the construction of the residential complex Portal de la Reina. The development consists of 88 units and will be on Montecarlo...

Dollars and sense. (unwise and adverse economic policies in Puerto Rico in time of recession) (Editorial)
November 21, 1991... In the states, the Bush administration and Congress are now realizing that the lowering of interest rates is not enough to reverse the severe monetary and credit crunch which is holding back an economic recovery. Based on historical...

Bush can't juice economy in time for 1992 election.
November 21, 1991... The big question around the country this week seems to be: "Can George Bush accomplish an economic recovery in time for the 1992 election?" It sounds like a hard, if not unanswerable, question, but in reality it's pretty simple. The...

Crime is bad no matter what motivates it. (combating crime and totalitarianism)(National Outlook) (Column)
November 21, 1991... There's a totalitarian impulse loose in the land, and we ought to corral it before it tramples liberty to death. I'm talking about thought control or what some call the politically correct movement. What's totalitarian about it is that...

What if Thomas had been a rock star instead? (trashy rock stars are held in esteem while supreme court nominees are denigrated)(National Outlook) (Column)
November 21, 1991... WASHINGTON -- I wonder if it has occurred to Robert M. Gates, former deputy director for Central Intelligence, now deputy for National Security, and President George Bush's recently confirmed nominee to head CIA, that his reputation would be...

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