T-Mobile launches new bid to lure customers from competition
June 19, 2019
T-Mobile Puerto Rico has launched its latest marketing campaign to lure new customers from the competition, by having them test drive its 600MHz LTE network for 14 days, or it will pay them to go back to their former carriers. The effort includes five spots featuring stories that narrate everyday situations where the protagonists are […]
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AC Hotel San Juan-Condado by Marriott to open new $590K meeting space
June 19, 2019
The AC Hotel San Juan-Condado by Marriott’s expansion plans are moving forward, with the July opening of its new meeting and event space, which entailed a $590,000 investment. Hotel officials announced that the new facilities will have capacity for 100 people during social activities or up to 70 for meetings, depending on the event. Cindy […]
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Guayacán Venture Accelerator reaches 100 participants in P.R.
June 18, 2019
Grupo Guayacán Inc. (GGI) announced the start of the 11th edition of the Guayacán Venture Accelerator (GVA), its business development program for established companies in search of new growth opportunities. The class of 2019 includes 11 companies and a nonprofit organization, for a total of 12 participants representing a wide variety of industries in Puerto […]
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AT&T invests some $350M in 3 years to boost P.R. networks
June 18, 2019
AT&T has invested nearly $350 million in its Puerto Rico wireless and wired networks during 2016-2018, the company announced The investments boost reliability, coverage, speed and overall performance for residents and businesses. The carrier has also improved critical services that support Public Safety and first responders using the FirstNet communications platform. In 2018, AT&T made […]
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Hydroponics farm expands operations with $250K gov’t investment
June 18, 2019
Agriculture Secretary Carlos Flores announced the recent expansion of the F&F Hydroponics agricultural project in Ciales, with a contribution of $250,000 from the agency’s Farm Investment Program, adding 13 new jobs to the agricultural region of Utuado. The project that specializes in growing a variety of the “salanovas” lettuce variety in structures featuring a controlled […]
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Tourism Co. sponsors 2nd ‘Voy Turisteando’ fair in Ponce
June 18, 2019
The Puerto Rico Tourism Company, in keeping with its commitment to inform about the diversity of options available to all residents so that “Puerto Rico is always our best vacation,” will hold its second “Voy Turisteando” event. On June 22, the agency will highlight the tourist spots along the island’s so-called Porta Caribe region, which […]
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Burlington opening store at Plaza Las Américas in the Fall
June 18, 2019
Empresas Fonalledas announced that Burlington Stores will open a new store this fall, at the former ToysRUs location at the entrance of the Plaza Las Américas mall. The 60,000 square-foot store will be Burlington’s 12th location in Puerto Rico. Burlington’s updated store design will allow for a “fresh, simple and attractive shopping experience for customers, […]
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Ford Motorcraft announces competition for auto mechanics students
June 18, 2019
Ford Motorcraft, with the support of its authorized dealers, Alcalde Auto Parts and The Parts House, announced a competition for auto mechanics students, to continue contributing to the development and education of students in Puerto Rico’s automotive industry. The “Motorcraft Challenge,” whose open call is June 17-20, consists of two stages, in which participants will […]
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Nuestra Escuela Students create new space for agricultural production
June 18, 2019
Students of the alternative and personalized education organization, Nuestra Escuela in Caguas, over the weekend began an agricultural project at a farm in the mountain town of Orocovis. A group of students and teachers that founded Nuestra Escuela and members of the Toro Negro community, started the sowing of some 5,000 sweet potato seeds, which […]
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Oversight Board reaches agreement on framework to restructure $35B in debt
June 17, 2019
The Financial Oversight and Management Board for Puerto Rico announced it reached an agreement with certain Commonwealth bondholders on the framework for a plan of adjustment to resolve $35 billion worth of debt and non-debt claims against the government. The agreement will reduce the amount of Commonwealth-related bonds outstanding to less than $12 billion, a […]
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New car sales skid 3.1% in May, as demand for vehicles drops
June 17, 2019
New car sales in Puerto Rico reflected a drop in May, when a total of 8,865 units were sold, representing a 3.1% drop in comparison to the 9,152 units sold during the same month last year. Statistics released by the United Automobile Importers Group (known as GUIA for its initials in Spanish,) also said the […]
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JLL report says P.R.’s hotel industry rebounding after back-to-back challenges
June 17, 2019
Following the negative impact caused by the events of the past few years — the Zika virus scare in the Caribbean and Hurricanes Irma and María — Puerto Rico’s hotel industry is facing a wide range of opportunities for development and growth. That was the main conclusion reached by JLL Research in its “Hotel Destinations […]
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36 Puerto Rican companies to participate in upcoming pre18 accelerator program
June 17, 2019
Parallel18 (P18), a global business accelerator operating since 2015, announced the selection of 36 Puerto Rican companies that will participate in its pre-acceleration program, pre18. The companies will be part of a 12-week training curriculum, and each will receive a $20,000 grant for their projects. This initiative that was created after Hurricane María to support […]
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JetBlue Foundation enlightens students about aviation careers at LMM Airport
June 17, 2019
The JetBlue Foundation, in collaboration with the Organization of Black Aerospace Professionals, recently sponsored a visit by ACE Academy students to the Luis Muñoz Marín International Airport in San Juan to introduce them to available aviation careers. Students from different regions of the island visited JetBlue’s Carolina operations from June 10-14. The initiative introduces aviation […]
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San Juan Marriott Resort & Stellaris Casino’s owner hosts visit of Chinese investors
June 17, 2019
To promote investment in the hospitality sector, the San Juan Marriott Resort & Stellaris Casino and its owner Jun Zhang, recently invited 30 investors from China to explore economic development opportunities and incentives for Puerto Rico’s tourism sector. The group visited La Fortaleza and participated in the “Puerto Rico Hospitality & Tourism Industry: Investment Opportunities […]
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