Congress to hold hearing on FCC pitch to close offices
June 8, 2015
The U.S. House Subcommittee on Communications and Technology, chaired by Rep. Greg Walden (R-OR), has scheduled a hearing for June 11 to review the Federal Communications Commission’s proposal to close 16 of 24 field offices, including the one in Puerto Rico.
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‘Caribbean Health Summit’ to focus on medical tourism
June 8, 2015
Puerto Rico is moving quickly to position itself as a leading medical tourism destination in the Caribbean and Latin America, looking to become the preferred choice of potential patients from the U.S. mainland.
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Liberty Global, Searchlight close Choice Cable TV deal
June 4, 2015
Just shy of six months after announcing its intentions, Liberty Cablevision of Puerto Rico LLC confirmed Wednesday the closing of the acquisition of Puerto Rico Cable Acquisition Company Inc., which does business on the island as Choice Cable TV.
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San Juan Tech Meetup to host venture accelerator event
June 3, 2015
Saying that venture accelerators “are spawning thousands of companies every year,” Ken Kay founder of San Juan Tech Meetup announced the group will be hosting a forum titled “What is a Venture Accelerator?” this Thursday, starting at 6 p.m. at the Capitol.
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Planning Board: P.R. economic growth at -1.3% in FY ’15
June 1, 2015
Puerto Rico Planning Board President Luis García-Pelatti told lawmakers over the weekend that the island will experience negative economic growth of 1.3 percent and 4.2 percent, respectively in Fiscal 2015 and 2016, when the scenario is looked at from a pessimistic point of view.
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Luis Muñoz Marín Int’l Airport marks 60 years of service
May 29, 2015
Aerostar Airport Holdings, operators of the Luis Muñoz Marín International Airport, on Thursday marked the facility’s 60th anniversary, emphasizing its important role in Puerto Rico’s development, infrastructure and competitiveness.
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PRMA suggests remedial steps for gov’t fiscal problems
May 29, 2015
During the opening day of its annual convention Thursday, the Puerto Rico Manufacturers Association delivered a list of recommendations — including cutbacks, government restructuring and fiscal measures — to administration officials, in hopes of doing its part to help the island pull out of its economic crisis.
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Sabrina Bottling expands Luquillo operations
May 29, 2015
Puerto Rican company Sabrina Bottling Group is expanding its operations in Luquillo to increase its production of handmade sangria on an industrial scale, company officials, accompanied by Puerto Rico Industrial Development Company representatives, announced Thursday.
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T-Mobile pursuing growth despite economic scenario
May 28, 2015
Puerto Rico’s wireless sector has been stagnant since 2011, with five carriers fiercely competing for their wedge of a market that reflects an 89 percent penetration rate — well below many jurisdictions in the Americas.
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Toyota Foundation scholarship cycle closes June 5
May 28, 2015
Toyota Foundation is giving students interested in careers related to the environment until June 5 to apply for financial aid offered through its university scholarship program, which awards up to $2,500 to those eligible.
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El Mesón to open 1st U.S. store in Orlando on June 1
May 28, 2015
El Mesón Sandwiches, a Puerto Rican sandwich shop with more than 40 years in business, will open its first store in the U.S. mainland on June 1, at the Florida Mall in Orlando.
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Seaborne, JetBlue to codeshare throughout Caribbean
May 27, 2015
Seaborne Airlines and JetBlue Airways announced Tuesday they have finalized terms to begin a codeshare marketing relationship, expanding upon the carriers' interline agreement in place since 2013.
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Popular 1st Puerto Rico bank to unveil Apple Watch app
May 27, 2015
Just a month after the launch of its native application for iPad, Banco Popular announced Tuesday the integration of a new feature that allows customers to check balances and locate branches and ATMs through the Apple Watch, becoming the first financial institution in Puerto Rico to make that function available.
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USDA opens call for grants to help repair rural housing
May 27, 2015
The U.S. Department of Agriculture is seeking applications for grants to make housing repairs for low- and very-low income rural residents.
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HARP extension could help 9K Puerto Rico homeowners
May 26, 2015
More than 9,000 homeowners in Puerto Rico could save an average of $182 a month, or approximately $2,200 a year, on their mortgage loans as the result of the extension through 2016 of the Home Affordable Refinance Program and the Home Affordable Modification Program, federal authorities said this month.
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