Statistics Institute launches State Data Center-PR portal
December 15, 2016
The Puerto Rico Statistics Institute announced Wednesday the launch of the State Data Center of Puerto Rico website, placing the island on equal footing with U.S. jurisdictions, most of which have their own state and representative portal, agency Executive Director Mario Marazzi said.
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Claro adds 18 sectors in 12 towns to high-speed network
December 15, 2016
Claro, Puerto Rico’s largest telecommunications service provider, announced Wednesday the addition of more sectors to its broadband network offering mobile speeds of up to 100 Mbps, through a $370 million investment announced in October.
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Indulac adds evaporated milk to its product lineup
December 13, 2016
Industria Lechera de Puerto Rico, or Indulac, announced Monday the launching of its branded long-lasting evaporated milk, which is produced at its Hato Rey plant using fresh milk from Puerto Rican dairy farmers.
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Claro opens new store in Orocovis to continue expansion
December 13, 2016
Telecommunications provider Claro announced Monday the opening of its newest store, located at the Gato Sector of the mountain town of Orocovis.
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Ponderosa boosts produce purchases from P.R. farmers
December 12, 2016
Restaurant chain Ponderosa announced recently an initiative to promote and support local produce farmers by boosting purchases starting this month, as a preamble to the holidays.
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Finca de Rústica wins ‘Journey to Business Success’ prize
December 12, 2016
Naguabo flower producer Finca de Rústica emerged the winner of the "Journey to Business Success" competition sponsored by Plaza Las Américas and Mastercard.
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CEO: FirstBank making strides despite economic woes
December 9, 2016
Puerto Rico’s second-largest bank, FirstBank, wrapped up 2016 with significant growth both locally and across its markets in the U.S. Virgin Islands and Florida, and is looking ahead to more advances in 2017, CEO Aurelio Alemán said Thursday.
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El Mesón Sandwiches to open 2 stores at LMM airport
December 8, 2016
El Mesón Sandwiches will open two stores at the Luis Muñoz Marín International Airport in Carolina, through an investment of $1.6 million and a partnership with Management Group Investors, the companies announced Wednesday.
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Casino Metro unveils P.R.’s ‘largest roulette’ at airport
December 7, 2016
Looking to promote the island as a gaming destination, and boost activity at its property, the Casino Metro at the Sheraton Convention Center Hotel unveiled Tuesday the “largest roulette” in Puerto Rico and the Caribbean, at the Luis Muñoz Marín International Airport.
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Studies: PREPA’s proposed rate hike is economy killer
December 6, 2016
The rate hike that the Puerto Rico Electric Power Authority and its bondholders are proposing would further erode the island’s economy and set back its recovery, members of the island’s private sector claimed Monday.
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Grupo Guayacán grants $50K in seed funding to 3 co.’s
December 6, 2016
Grupo Guayacán Inc. has granted $50,000 in seed funding to three companies that graduated from the first edition of the SPRINGBOARD program, the nonprofit announced Monday.
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Claro, INprende partner to back youth entrepreneurship
December 5, 2016
Telecommunications service provider joined INprende to bestow an award recognizing young entrepreneur Pedro Anibarro, a student at Turabo University, during the recent College Entrepreneurship Summit.
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Puerto Rico bankruptcies drop 26% in November
December 2, 2016
Bankruptcy filings dropped by 23 percent in November, when a total of 706 cases were filed, in comparison to the same month last year, according to preliminary figures released by research firm Boletín de Puerto Rico Thursday.
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Cancel: EDB OKs $499M in financing since January ’13
December 2, 2016
The head of the Economic Development Bank for Puerto Rico told members of the incoming administration during transition hearings that the agency approved $499.7 million in financing from January 2013 to present, boosting the economy
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Claro continues expanding high-speed mobile network
December 2, 2016
Telecommunications carrier Claro announced Thursday the addition of 15 sectors in 11 Puerto Rico towns to its offering of high-speed broadband wireless service of up to 100 Mbps.
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