Sixty-five percent of Puerto Rico residents have yet to adopt broadband — whether fixed or mobile — dragging significantly behind the U.S. mainland’s average.
Puerto Rican consumers who have refrained from including corned beef in their shopping baskets because of how expensive it has gotten in recent years, may be happy to know that a local farmer and entrepreneur will begin selling a locally produced brand of the favorite island staple.
Wireless carrier Sprint announced Monday that the 4G LTE network build is under way in more than 100 additional cities within its existing nationwide 3G footprint. The list includes nearly a dozen Puerto Rico municipalities.
Betteroads Asphalt Corp. and sister subsidiary Betterrecycling have filed a civil suit against Venezuelan company Arenera de Venezuela Compañía Anónima (Arevenca), as well as several of its subsidiaries and its executives, seeking $13.8 million in damages over an aborted transaction the plaintiff claims was fraudulent from the start.
Meineke Car Care Centers, an automobile repair retailer with more than 900 stores worldwide, has opened its first store in Puerto Rico, where plans call for opening three more over in five years, with an associated investment of some $800,000, News is my Business learned.
The public and private sectors have pumped more than $23 million into renewable and energy efficiency ventures in the Mayagüez region over the past three years, financing green energy projects for 2,344 homes and retroffiting of efficient lighting and air conditioning systems in area businesses, Energy Affairs Administration Interim Executive Director Juan Carlos Díaz said.
One of the Small Business Administration’s top priorities is to provide access and opportunity to small business owners in traditionally underserved communities.
Maritza Abadía, an experienced Puerto Rican banker, has been appointed country manager for Banesco USA’s Puerto Rico operations, Banesco USA President Rafael Saldaña announced.
As part of its pursuit of creating such professional opportunities, Banco Santander Puerto Rico, through its Santander Universities Global Division, announced Thursday the start of its “U-Work” internship program on the island.
Marco Casarín-Junco, who officially took over the task of steering Microsoft Corp.’s Puerto Rico operations as general manager this week, believes the island’s operations — which include sales, manufacturing and, in November, a store — are key for the corporation and must be fully developed and capitalized upon.
The Pharmaceutical Industry Association of Puerto Rico will be holding its “Health System Reform and the Quality of Healthcare” summit Sept. 14 to provide a forum for healthcare industry professionals to share ideas about trends and practices that influence the health outcomes for the local community.
Puerto Rico secured a place among the world’s top-third most viable economies this year, locking into the 31st position — up four notches from last year’s 35th ranking — in the World Economic Forum’s Global competitiveness index released Wednesday.
The Puerto Rico Hotel and Tourism Association will mark its annual convention to be held Sept. 17-21 by asking the island’s gubernatorial candidates to outline their strategies to tackle five main “pillars” of concern to the industry: security, the current labor situation, energy costs, casino-related problems, and the much-discussed creation of the destination management organization.
Home goods retailer and market newcomer, Anna’s Linens, is following up “historic sales records” at its first two local stores with the opening today of three new locations in Caguas, Bayamón and Arecibo, company officials said Wednesday.
Promoters of the State Housing Plan will discuss strategies and policies for its implementation, while the six candidates for governor will present their platforms to develop the sector during the Puerto Rico Bankers Association’s upcoming 20th Housing Congress.
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