Claro launches 150Mbps service to metro area homes
August 27, 2014
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.
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Annual Interphex expo slated for Oct. 16-18 in San Juan
August 27, 2014
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.
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EVERTEC takes silver in ‘Financial Fitness Challenge’
August 27, 2014
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.
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Doral, gov’t continue talks on tax refund dispute
August 25, 2014
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.
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P.R. Convention Center lands on list of top 50 expo halls
August 25, 2014
The Puerto Rico Convention Center ranked 26out of 50 on ConventionSouth magazine’s list of “The South’s 101 Largest Expo Halls” for 2015.
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EDB launches online banking tool for commercial clients
August 22, 2014
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.
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Gov’t to deploy broadband in Santurce via unused pipes
August 20, 2014
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.
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Metropolis offers social-interest housing in Hato Rey
August 20, 2014
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.
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8 groups submit credentials to develop Roosy Roads
August 15, 2014
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.
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Claro connects 3 more sectors to broadband network
August 15, 2014
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.
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Hard Rock Café Puerto Rico to reopen in December
August 14, 2014
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.
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Puerto Rico automakers report ‘grave’ July results
August 13, 2014
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.
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Court orders Doral, Treasury to negotiate tax refund deal
August 12, 2014
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.
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Walmart to sell Puerto Rico-made HDTV antennas
August 12, 2014
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.
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Stack Sandwich Factory urges ‘eating with a purpose’
August 11, 2014
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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