All posts by Sin Comillas

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  New-Housing Sales Decline 24% in February

  Only 89 new homes were sold in Puerto Rico, the lowest number in nine months

  • Posted April 14, 2016
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  Pensions Suspended for Catholic Schools Teachers

  The Archdiocese of San Juan has reported its decision to cancel its retirement plan for Catholic school teachers as of July 2016. Pension payments currently exceed contributions and, in light of the “difficult financial situation” faced by both participating schools and schoolchildren’s parents,...

  • Posted March 31, 2016
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  U.S. Treasury Secretary Asks Congress for Immediate Action

  "There is an immediate crisis in Puerto Rico; it is not a future crisis"

  • Posted March 31, 2016
• Puerto Rico Among the Happiest Countries in the World

  This year, Puerto Rico appears in the 15th position, improving from last year

  • Posted March 24, 2016
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• Customs Facilities to be Renovated at LMM Airport

  Construction should be completed by September of this year.

  • Posted March 24, 2016
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• Rimco to Become Caterpillar’s Distributor in Cuba

  Caterpillar, the largest manufacturer of construction machinery, selected Rimco, a Puerto Rican company, as its official distributor in Cuba. Caterpillar considers Cuba needs this type of machinery and, with the elimination of commercial restrictions between the U.S....

  • Posted February 19, 2016
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• Para la Naturaleza and Roosevelt Roads Enter Alliance

  Malu Blázquez Arsuaga, executive director for the Redevelopment of Roosevelt Roads, and Fernando Lloveras San Miguel, president of the nonprofit Para la Naturaleza (For Nature), recently announced that both organizations signed a lease contract for 20 years...

  • Posted February 8, 2016
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• Emerging Markets to Host Seminar on Puerto Rico Debt

  The Emerging Markets Trade Association (EMTA) has organized a Feb. 18 seminar titled “Puerto Rico Debt Crisis & its Significance for other Municipal Markets.”

  • Posted January 23, 2016
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• Mortgage Originations Recuperate

  Mortgage originations grew 15.5% in number and 15.3% in value in the third quarter (3Q) of 2015, according to the Financial Institutions Commissioner’s Office (OCIF by its Spanish acronym). Growth was strongest in banks (25.8%) rather than...

  • Posted December 17, 2015
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• Statistics Institute to Participate in Hour of Code 2015

  The Puerto Rico Statistics Institute will take part in the Hour of Code 2015, a world-level educational event to promote the learning of computer programming languages. The Hour of Code, whose slogan is “We can all learn,”...

  • Posted December 17, 2015
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