Telecom execs: Nixing B2B exemption could spike prices by 19.5%
May 22, 2013
Representatives from Puerto Rico’s telecommunications sector presented a united front Tuesday against the proposed elimination of the business-to-business tax exemption, saying “far from helping the island solve its fiscal problems, it will trigger a double-digit increase in the price of products, services, operating expenses and the cost of living in general.”
chat_bubble0 Comment
visibility2885 Views
Puma Energy to introduce gas-ethanol blend at Puerto Rico stations
May 22, 2013
Puma Energy officials announced Tuesday plans to implement the “Puma-e” initiative, a pilot program through which it will make available an eco-friendly, gasoline-ethanol blend fuel at 56 of its 235 gas stations in Puerto Rico.
chat_bubble0 Comment
visibility6810 Views
Crowley investing $275M in cargo handling equipment
May 22, 2013
Crowley Maritime Corporation’s liner services group is adding more than 3,000 pieces of cargo handling equipment to its fleet through a $275 million investment, company officials announced Tuesday.
chat_bubble0 Comment
visibility4099 Views
Applebee’s opening at the Hyatt Place Bayamón
May 22, 2013
Guests and visitors to the new Hyatt Place Bayamón & El Tropical Casino will be able to grab a bite at Applebee's, slated to open when the hotel inaugurates in December, officials said Tuesday.
chat_bubble0 Comment
visibility4250 Views
Citi selects Puerto Rico to introduce new chip technology
May 22, 2013
Financial services provider Citi has chosen Puerto Rico to launch new chip-based technology for its business customers, representing a significant investment in its commercial card issuing business on the island.
chat_bubble0 Comment
visibility2799 Views
Evertec nominated as ’13 Innovation Awards finalist
May 22, 2013
Evertec Group LLC, the leader in electronic transaction processing in Latin America and the Caribbean, is in the running for the 2013 Innovation Awards bestowed by Informatica Corporation.
chat_bubble0 Comment
visibility2655 Views
Cayey teacher wins Amgen Foundation excellence award
May 22, 2013
Luz Burgos Berríos, science teacher at Colegio Radians in Cayey, recently won the Amgen Award for Science Teaching Excellence, bestowed during a workshop for science teachers and school counselors in Río Piedras.
chat_bubble0 Comment
visibility3531 Views
Puerto Rico Museum of Art joins Blue Star Museums program
May 22, 2013
The Puerto Rico Museum of Art announced Tuesday the launch of Blue Star Museums, a collaboration among the National Endowment for the Arts, Blue Star Families, the Department of Defense, and more than 1,800 museums across America to offer free admission to all active duty military personnel and their families from Memorial Day through Labor Day 2013.
chat_bubble0 Comment
visibility2885 Views
SBA, top lenders to help veterans become entrepreneurs
May 22, 2013
The U.S. Small Business Administration announced Tuesday the SBA Veteran Pledge Initiative, a commitment by its top national, regional and community lenders to collectively increase their lending activity to veterans by 5 percent per year for the next five years.
chat_bubble0 Comment
visibility2317 Views
Puerto Rico seeks $1.4M for public safety broadband network map
May 21, 2013
The Puerto Rico government has submitted a proposal to the National Telecommunications and Information Administration’s First Responder Network Authority seeking $1.4 million to develop a public safety broadband network for the island, La Fortaleza’s Chief Information Officer Giancarlo González confirmed Monday.
chat_bubble1 Comment
visibility2809 Views
Banking, Insurance commissioners defend budget requests
May 21, 2013
The Puerto Rico Financial Institutions and Insurance commissioners defended their respective budgets during a hearing before the Senate Finance Committee Monday, when they requested $15.2 million and $10.8 million, to run their respective agencies.
chat_bubble0 Comment
visibility2556 Views
Aon Hewitt to recruit 100 people
May 21, 2013
Aon Hewitt announced that it will recruit 100 full time customer service representatives to staff an upcoming expansion at its Puerto Rico call center. To find its new employees, the company will be hosting a job fair from 8 a.m. to 3 p.m. on May 24 at its Ponce de León headquarters.
chat_bubble0 Comment
visibility2619 Views
AT&T expands 4G network in Puerto Rico
May 21, 2013
AT&T de Puerto Rico announced Monday it has activated six new 4G mobile Internet cell sites in five towns to boost coverage for area residents and businesses and provide speeds up to four times faster than 3G.
chat_bubble0 Comment
visibility2871 Views
Gov’t hosting 1st Puerto Rico Tech Summit, ‘Hackers Boot Camp’
May 20, 2013
The government announced Monday it will host the first Puerto Rico Tech Summit, a one-day event that brings together leading technological gurus, cabinet members, NGOs and academia for a discussion on the transformation of traditional government services through scalable product development.
chat_bubble0 Comment
visibility2273 Views
Treasury outlines IVU enforcement, automation strategies
May 20, 2013
The Puerto Rico Treasury Department is currently working on a number of enforcement and automation initiatives to increase the island’s sales and use tax uptake from the current 68 percent while attacking the government’s fiscal shortfall, agency Secretary Melba Acosta told participants of the Puerto Rico Credit Conference Friday.
chat_bubble0 Comment
visibility2974 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA