In the most recent Global Information Technology Report released Wednesday, Puerto Rico ranked second among the region’s most connected jurisdictions, behind only Barbados. However, the island ranks 36th in the world in terms of connectivity, which still denotes the persistence of a significant digital divide.
Saying that the food industry should be treated as part of the island’s social and economic infrastructure, the head of the Marketing, Industry and Food Distribution Chamber, known as MIDA, warned Tuesday of the “imperative” need to establish a permanent food policy for Puerto Rico.
Healthsouth Rehabilitation Hospital of Manatí has garnered high recognition from Uniform Data System for Medical Rehabilitation for the fourth consecutive year, ranking in the top ten percent of qualifying rehabilitation hospitals for 2011, the company announced.
Close to 125,000 low-income consumers have been dropped from the list of beneficiaries receiving subsidies for their home or mobile telephone services through the Universal Service Fund after the Telecommunications Regulatory Board uncovered an alleged pattern of participants who were double- and triple-dipping into the pool of local and federal money, News is my Business learned.
Doral Bank has reached a deal with the Treasury Department regarding $200 million in overpaid taxes that the bank will now write off in its books as a prepaid expense.
With a grand display of the auto industry’s most advanced eco-friendly technologies and as an educational initiative during “Earth Month,” Toyota de Puerto Rico inaugurated Monday its “Technological Rainforest Expo” at the Plaza las Américas mall in Hato Rey.
Global consulting company Great Places to Work recently named Arcos Dorados, McDonald’s largest franchisee and brand operator in Latin America, among the best employers in the region.
Considering that 85 percent of all goods consumed in Puerto Rico are imported, it should come as no surprise that the trade group that champions for locally grown and produced goods recently issued a call to action by government agencies and consumers to support native industries.
Labor Department statistics released over the weekend put Puerto Rico’s unemployment rate at 15 percent for the month of February, reflecting a 0.1 percentage point drop in comparison to the prior month’s level and a 1.2 percentage drop decrease from the 16.2 percent rate on record for February 2011.
General Fund net revenue totaled $674 million in February, an increase of $97 million or 16.8 percent, when compared with February 2011.
With eight awards received during the XIX Festival Caribe, DDB Latina Puerto Rico walked away as one of the most awarded agencies in the region in the event that evaluated the best advertising work from 17 Caribbean countries.
The Cuban government’s recent economic reforms and the growth and development opportunities they represent for the island's future will be the topic of a conference to be hosted by the Pontifical Catholic University in Ponce, entitled “Cuba Today and Tomorrow: Economic Conditions and Trends.”
The implementation of the terms of Law 280, which established a mandatory prepaid mobile phone registry, has been postponed indefinitely, News is my Business learned Thursday.
A group of local engineers is gearing up to participate in the upcoming Panama Canal 2012 International Engineering and Infrastructure Congress, the first event of its kind taking place in that country focusing on best practices, world infrastructure projects and future engineering trends.
Resident Commissioner Pedro Pierluisi on Wednesday submitted HR 4280, known as the “Puerto Rico Supplemental Nutrition Assistance Program Restoration Act,” which would provide the island with $457 million in additional federal funding each year to support its food assistance program for low-income individuals.
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