Telecommunications provider Claro announced Tuesday the availability of broadband speeds of up to 150 megabits per second to a group of homes in the San Juan metropolitan areas selected to participate in the initial phase of the project.
The International Pharmaceutical Expo’s Life Sciences Innovation Week — an event sponsored annually by the Parenteral Drug Association, focusing on showcasing pharmaceutical and biopharmaceutical innovation, technology and knowledge — is slated to take place Oct. 16-18, 2014 in San Juan, organizers announced Tuesday.
Educated Investor recently awarded transaction processing firm EVERTEC the silver for successfully participating in the Financial Fitness Challenge, an event organized in Puerto Rico by the Office of the Commissioner of Financial Institutions’ Institute for Financial Education in collaboration with the Society for Human Resources Management.
Despite word that court-ordered talks between the government and Doral Financial Corp. had broken down late Friday, representatives from both parties confirmed negotiations are still on the fate of a $229 million tax refund the bank is claiming from the government.
The Economic Development Bank unveiled Thursday an online banking tool that allows its commercial clients to apply for loans and follow through on their applications, becoming the first financial institution in Puerto Rico to offer this type of service.
Two government agencies, the Department of Transportation and Public Works and the Puerto Rico Telecommunications Regulatory Board, signed a collaborative agreement Tuesday to develop new broadband infrastructure that will initially be deployed in San Juan’s Santurce sector.
Metropolis Apartments, a new, 185-apartment building in the heart of Hato Rey, was officially inaugurated Tuesday to offer social-interest housing opportunities for the next 30 years.
The Local Redevelopment Authority for Roosevelt Roads announced Thursday that eight groups submitted their statement of qualifications in response to a Request for Qualifications published in June seeking developers for some 3,000 acres of land at the former naval base in Ceiba.
Telecommunications provider Claro de Puerto Rico announced Thursday it has added sectors in Yauco, Utuado and Naranjito to its broadband network expansion project, benefitting some 40,000 homes and more than 1,780 families.
Following a two-year absence, Puerto Rico will once again be the host to a Hard Rock Café restaurant location, slated to open in December in the Condado area.
Puerto Rico automakers sold a meager 6,324 units last month, representing a 21.3 percent year-over-year drop and marking the sixth consecutive month the sector has seen a reduction in activity, the United Automobile Importers Group said Tuesday.
The saga between Doral Financial Corp. and the Puerto Rico Treasury Department that began earlier this summer took another turn recently, when a local court ordered the parties to sit down and negotiate an agreement that would grant the bank a $229 million tax refund.
As part of its program to support Puerto Rican industry, Walmart Puerto Rico announced Monday an agreement with local company Antenas del Caribe to purchase HDTV antennas manufactured in the island to sell at its chain.
Philanthropy and the private sector are two concepts that pretty much go hand-in-hand, as companies constantly seek to align themselves with the communities they serve.
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