Plaza Las Américas food court getting $5M facelift
June 5, 2014
With a projected investment of more than $5 million, Plaza Las Américas will embark on a remodeling plan this summer of its popular food court, known as “La Terraza,” mall operators announced Wednesday.
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Liberty adds new HD channels to video lineup
June 5, 2014
Liberty Puerto Rico added Puerto Rico TV HD and TeleIsla HD to its high definition video lineup. Liberty is the first provider to offer TeleIsla HD in Puerto Rico.
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PRASA to deploy fiber-optic network through its pipes
June 4, 2014
Puerto Rico Aqueduct and Sewer Authority Executive Director Alberto Lázaro announced today the start of “Zum,” a project through which the agency will use its infrastructure to deploy fiber-optic technology to make interconnecting the island to high-speed broadband a reality.
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Critical Hub launches home gigabit broadband service
June 4, 2014
Critical Hub Networks announced Tuesday the launch of Optico Fiber, Puerto Rico’s first Gigabit Fiber-to-the-Home Internet service.
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Economist firm: Puerto Rico still ‘moving sideways’
June 4, 2014
Puerto Rico needs to find its “true north,” by aligning all of its efforts and resources toward achieving economic growth and job creation, or risk experiencing an outcome “much worse than has so far been imagined,” said economist firm H. Calero Consulting Group in its most recent edition of “Compass,” an internal publication.
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Doral sells $241M in loans to FirstBank; weighs options
June 3, 2014
Doral Financial Corp. announced Monday it has entered into an agreement to sell $242.1 million in loans to FirstBank Puerto Rico through a transaction that closed May 30.
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Puerto Rico bankruptcy cases up 0.7% in May
June 3, 2014
The U.S. Bankruptcy Court for the District of Puerto Rico received more than 1,000 petitions in May, when filings were up 0.7 percent in comparison to the same month in 2013, according to information provided Monday by local research firm Boletín de Puerto Rico.
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Toyota ‘adopts’ stretch of Muñoz Rivera Avenue
June 3, 2014
Looking to uphold its commitment to the environment and the community, Toyota de Puerto Rico announced its participation in the Department of Transportation and Public Works’ “Adopt a Highway” program, taking over the responsibility for cleaning and beautifying a stretch of Muñoz Rivera Avenue in Río Piedras, where its headquarters are located.
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Puerto Rico’s 1st Olive Garden opens June 30 in Bayamón
June 2, 2014
Years of anticipation for the arrival of the Olive Garden Italian restaurant chain to Puerto Rico will end June 30, when the island’s first location will open to the public in Bayamón, franchise owners Restaurant Operators Inc. announced.
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Kona Grill restaurant to open at Mall of San Juan in ’15
June 2, 2014
Modern American grill and sushi bar, Kona Grill, will be opening its first restaurant outside the continental United States on the island in 2015, when it takes its place among some of the world’s most high-end retailers at The Mall of San Juan, this media outlet confirmed.
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Gov’t breaks ground on $16M ‘Sciences Boulevard’
June 2, 2014
Gov. Alejandro García-Padilla and U.S. Secretary of Transportation, Anthony Foxx jointly announced over the weekend the beginning of construction for the “Sciences Boulevard,” a $16 million project that will become the main artery in the Science City district.
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Denny’s marks silver anniversary in Puerto Rico
May 30, 2014
Casual dining restaurant chain Denny’s is marking its 25th anniversary in Puerto Rico and apparently has no plans to scale back its presence, announcing the construction of a new $2 million location in Aguadilla that is slated to open in February 2015.
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Actavis investing $48M to expand in Manatí, Fajardo
May 29, 2014
Pharmaceutical company Actavis is investing $48 million to expand operations in Manatí, where it will develop a solid dosage manufacturing and packing facility, and expand its current hormone production in Fajardo, Gov. Alejandro García-Padilla announced Wednesday.
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Southwest Airlines rolls out mobile boarding passes
May 29, 2014
Southwest Airlines announced Wednesday mobile boarding passes are now available for customers traveling throughout the United States, including San Juan.
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EDB, Microfinanzas PR partner to spur self-employment
May 29, 2014
As part of an initiative to promote the development of micro-enterprises and self-employment among Puerto Rico’s low-income residents, the Economic Development Bank has partnered with the Puerto Rico Microfinances Corp., known as Microfinanzas PR, to establish a case referral system between the institutions.
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