Products Association, gov’t. giving local goods a boost
September 14, 2012
The Puerto Rico Products Association and the Department of Economic Development and Commerce have partnered to promote and strengthen the consumption of locally produced goods and services, as a strategy for economic development and growth.
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Liberty Cablevision adding beIN Sport network
September 14, 2012
Spanish soccer league fans who subscribe to Liberty Cablevision will be pleased to know that the cable provider is integrating the beIN Sport network into its basic high-definition channel lineup. The network has exclusive rights to the Spanish League games, plus the Italian Serie A and Ligue 1 of France.
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Doral enters into agreement with Federal Reserve
September 13, 2012
Doral Financial Corporation and the Federal Reserve Bank of New York entered into an agreement Thursday requiring the financial institution to abide by a number of conditions to improve its credit risk management and administration practices.
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iPhone 5 will be available in Puerto Rico Sept. 21
September 13, 2012
One of the two wireless carriers that include Apple’s iPhone in its portfolio of devices sold in Puerto Rico confirmed Wednesday it will be selling the new iPhone 5 model as soon as it becomes available.
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Entrepreneurial women may borrow up to $15K from EDB
September 13, 2012
Gov. Luis Fortuño announced Wednesday the availability of a new financing tool that lets Puerto Rico's women entrepreneurs borrow of up to $15,000 to expand their businesses, as well as a scholarship fund to help them get ahead, professionally speaking.
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PRBI, Inteco interconnect broadband networks
September 13, 2012
High speed Internet service available to residents of Puerto Rico’s central-eastern region is about to get a boost through the successful interconnection of the networks run by Critical Hub Networks, through its Puerto Rico Bridge Initiative, and the Central-Eastern Technological Initiative, known as Inteco.
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Honda opens new dealership in Bayamón
September 13, 2012
Honda recently opened a new and modern dealership in Bayamón that incorporates several design and operation systems to promote environmental conservation and efficient use of energy, said Carlos López-Lay, president of Bella Group, exclusive distributor of Honda in Puerto Rico.
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Statistics Institute launches online import/export database
September 12, 2012
The Puerto Rico Statistics Institute unveiled Tuesday the island’s first online centralized database for current and detailed import and export activity that pursues facilitating decision-making on investment and business in this market, Statistics Institute Executive Director Mario Marazzi-Santiago said.
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PIA sounds off on access to innovative treatments, meds
September 12, 2012
The Puerto Rico Pharmaceutical Industry Association is lobbying for giving island patients broader access to innovative drugs and treatments, and against the final decision being made by anyone other than the prescribing physician.
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Scotiabank fundraisers benefit muscular dystrophy, youth clubs
September 12, 2012
A pair of recent fundraising efforts by Scotiabank employees and clients have benefited a trio of important nonprofits helping muscular dystrophy patients and looking after Puerto Rico’s youth.
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Doral Bank closes first ‘Fondo Doral’ loan
September 12, 2012
Viaja Puerto Rico, an online magazine that promotes internal tourism, received a $3,500 micro-loan through the Fondo Doral program that grants financing to nonprofits serving low-income women.
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Eagle Hospitality selling Embassy Suites in Isla Verde
September 11, 2012
Eagle Hospitality Properties Trust, which owns 13 premium-branded hotels including the 299-room Embassy Suites San Juan Hotel & Casino in Isla Verde, announced Monday it has reached an agreement with its secured lender that allows it to sell its portfolio and repay its secured debt at a discount.
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Puerto Rico broadband adoption remains slow
September 11, 2012
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.
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Local farmer to produce, market corned beef
September 11, 2012
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.
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11 Puerto Rico towns included in Sprint’s 4G LTE network rollout
September 10, 2012
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.
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