Puerto Rico is a hospitable place when it comes to protecting intellectual property (IP) rights, which coupled with incentives and favorable business conditions, make the island an attractive place to set up and expand high-tech firms, a study commissioned by Microsoft Corp. conducted by “The Economist” revealed Monday.
The government of Puerto Rico plans to spend $750,000 over a 12 month-period starting in June to open and run commercial offices in Colombia and Perú — and launch a magazine to document its actions — to drum up business in Latin America and establish the island as the bridge between that region, Europe and the United States.
The Government Development Bank for Puerto Rico spent $2.6 million to pay for the services of two stateside law firms, Cleary Gottlieb Steen & Hamilton LLP and Proskauer & Rose LLP, seeking advice on “financing plans and other related matters.”
Claro and Samsung Electronics announced the arrival of the highly anticipated Galaxy S5 smartphone and accompanying Gear accessories, which the carrier is adding to its lineup before other local wireless competitors.
Effective tomorrow, Liberty Puerto Rico will eliminate all of the Viacom channels in the Ultimate and Ultimate Plus video tiers after unfruitful negotiations with the provider, the local cable carrier said.
The Pan American Health Organization and the Puerto Rico Statistics Institute are working together to enable the island to produce comparable statistics about the mental health system based on World Health Organization Assessment Instrument for Mental Health Systems parameters, known as WHO-AIMS.
A student from the Universidad del Este won this year’s fourth edition of the MasterCard Student Food Challenge, held prior to this weekend’s Saborea culinary fest, receiving a $1,000 scholarship for proving his talent in the kitchen, the credit card company announced.
Some 28,699 Puerto Rico residents signed up for health coverage under the Patient Protection and Affordable Care Act, during the six-month subscription period that ended Mar. 31, Insurance Commissioner Angela Weyne said Thursday.
It’s no secret that Puerto Rico’s real estate sector has taken a beating in recent years due to the economic woes the island has been facing for the better part of the past decade. Property sales have stagnated and values have dropped in certain categories, affecting banks and brokers alike.
Puerto Rico Trade and Exports and student organization AIESEC have signed a cooperation agreement to develop the incursion of Puerto Rican companies in international markets.
Several high-ranking FirstBank executives are getting significant pay raises this year, through a combination of cash and stock, according to a filing submitted to the Securities and Exchange Commission this week.
Puerto Rico Electric Power Authority Executive Director Juan Alicea outlined Wednesday a strategy the agency has set off to reduce the cost of electricity on the island to 16 cents per kilowatt-hour in five years by diversifying fuel sources for power generation.
InterContinental Hotels Group announced Wednesday the opening of the first Holiday Inn Express hotel in the Condado area of San Juan.
Executives have been named to top positions in Puerto Rico government agencies and private-sector companies across a spectrum of industries.
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