iPhone 5 will be available in Puerto Rico Sept. 21
September 13, 2012
One of the two wireless carriers that include Apple’s iPhone in its portfolio of devices sold in Puerto Rico confirmed Wednesday it will be selling the new iPhone 5 model as soon as it becomes available.
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Entrepreneurial women may borrow up to $15K from EDB
September 13, 2012
Gov. Luis Fortuño announced Wednesday the availability of a new financing tool that lets Puerto Rico's women entrepreneurs borrow of up to $15,000 to expand their businesses, as well as a scholarship fund to help them get ahead, professionally speaking.
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PRBI, Inteco interconnect broadband networks
September 13, 2012
High speed Internet service available to residents of Puerto Rico’s central-eastern region is about to get a boost through the successful interconnection of the networks run by Critical Hub Networks, through its Puerto Rico Bridge Initiative, and the Central-Eastern Technological Initiative, known as Inteco.
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Honda opens new dealership in Bayamón
September 13, 2012
Honda recently opened a new and modern dealership in Bayamón that incorporates several design and operation systems to promote environmental conservation and efficient use of energy, said Carlos López-Lay, president of Bella Group, exclusive distributor of Honda in Puerto Rico.
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Statistics Institute launches online import/export database
September 12, 2012
The Puerto Rico Statistics Institute unveiled Tuesday the island’s first online centralized database for current and detailed import and export activity that pursues facilitating decision-making on investment and business in this market, Statistics Institute Executive Director Mario Marazzi-Santiago said.
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PIA sounds off on access to innovative treatments, meds
September 12, 2012
The Puerto Rico Pharmaceutical Industry Association is lobbying for giving island patients broader access to innovative drugs and treatments, and against the final decision being made by anyone other than the prescribing physician.
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Scotiabank fundraisers benefit muscular dystrophy, youth clubs
September 12, 2012
A pair of recent fundraising efforts by Scotiabank employees and clients have benefited a trio of important nonprofits helping muscular dystrophy patients and looking after Puerto Rico’s youth.
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Doral Bank closes first ‘Fondo Doral’ loan
September 12, 2012
Viaja Puerto Rico, an online magazine that promotes internal tourism, received a $3,500 micro-loan through the Fondo Doral program that grants financing to nonprofits serving low-income women.
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Eagle Hospitality selling Embassy Suites in Isla Verde
September 11, 2012
Eagle Hospitality Properties Trust, which owns 13 premium-branded hotels including the 299-room Embassy Suites San Juan Hotel & Casino in Isla Verde, announced Monday it has reached an agreement with its secured lender that allows it to sell its portfolio and repay its secured debt at a discount.
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Puerto Rico broadband adoption remains slow
September 11, 2012
Sixty-five percent of Puerto Rico residents have yet to adopt broadband — whether fixed or mobile — dragging significantly behind the U.S. mainland’s average.
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Op-Ed: Tiny and small businesses
September 11, 2012
I believe we’ve wasted our time trying to classify the unclassifiable. At least in this island. The government sector tries to establish margins, limits and a string of definitions on a sector that does not necessarily look like, or identify with, those efforts.
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Local farmer to produce, market corned beef
September 11, 2012
Puerto Rican consumers who have refrained from including corned beef in their shopping baskets because of how expensive it has gotten in recent years, may be happy to know that a local farmer and entrepreneur will begin selling a locally produced brand of the favorite island staple.
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11 Puerto Rico towns included in Sprint’s 4G LTE network rollout
September 10, 2012
Wireless carrier Sprint announced Monday that the 4G LTE network build is under way in more than 100 additional cities within its existing nationwide 3G footprint. The list includes nearly a dozen Puerto Rico municipalities.
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Betteroads sues Venezuelan company for fraud, seeks $13.8M
September 10, 2012
Betteroads Asphalt Corp. and sister subsidiary Betterrecycling have filed a civil suit against Venezuelan company Arenera de Venezuela Compañía Anónima (Arevenca), as well as several of its subsidiaries and its executives, seeking $13.8 million in damages over an aborted transaction the plaintiff claims was fraudulent from the start.
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Meineke Car Care Centers debuts in Puerto Rico
September 10, 2012
Meineke Car Care Centers, an automobile repair retailer with more than 900 stores worldwide, has opened its first store in Puerto Rico, where plans call for opening three more over in five years, with an associated investment of some $800,000, News is my Business learned.
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