José Sifontes, who held the post of U.S. Small Business Administration District Director for Puerto Rico and the U.S. Virgin Islands, José Sifontes, passed away Dec. 28, the agency announced Monday.
The most recent edition of the Orbitz Insider Index, published by the popular online travel company, ranked San Juan as the second most-popular international travel destination in 2011, just behind Cancun, Mexico and ahead of London, England.
Toxic emissions in Puerto Rico were 15 percent lower in 2010 versus the prior year, but higher in the U.S. Virgin Islands, the U.S. Environmental Protection Agency’s 25th edition of its Toxics Release Inventory report.
Banco Popular will host a one-night culinary event that will draw an all-star lineup of chefs from the Caribbean and the U.S. mainland who will showcase their best recipes for eager foodies. The “Ultimate Flavors of the Islands” will take place Jan. 20 from 7 p.m. to 11 p.m. at the recently renovated Frenchman’s Reef and Morning Star Marriott St. Thomas Beach Resort.
Puerto Rico’s wireless market is gearing up for another year of growth, fueled by the explosion of 4G Long Term Evolution (LTE) digital technology that promises faster and better services. The demand that should be associated with LTE will drive companies to do everything they can to expand the technology’s reach, industry executives told News is my Business.
Under the slogan “Every child deserves a Christmas gift,” close to 5,000 children will be getting a present during this holiday season, collected by Walgreens in Puerto Rico. The kids who participate in programs run by 125 community groups have been receiving their toys during visits the retailer’s staff has conducted and that conclude on Friday’s Three Kings Day celebration.
Even before 2012 started it was already shaping up to be a year of “many challenges” for the island’s economy, Puerto Rico Chamber of Commerce President Salvador Calaf said.
The Puerto Rico Manufacturers Association has mapped out its strategy for 2012, when it aims to keep the ball rolling on several key strategies it set off last year.
A total of 37 defendants in the copyright infringement case filed by pop Artist Romero Britto earlier this month will have to pay a combined $205,000 in fines, imposed by the judge overseeing the case after failing to reach an out-of-court settlement agreement.
The concerns expressed by the island’s wireless carriers and retailers over the potentially harmful effects of regulating the sale of prepaid cellphones on consumers and competition apparently fell on deaf ears, as Gov. Luis Fortuño signed Tuesday a law mandating it.
Despite the ups and downs it had in 2010, Banco Popular has been selected Puerto Rico’s “Bank of the Year” by “The Banker” magazine, a highly respected publication in circulation since 1926 and run by the Financial Times.
For the second time in as many months, the government’s 40-year Public-Private Partnership concession of the PR-22/PR5 highways has nabbed an award from a prestigious international group, this time from London’s Project Finance International, a global project finance intelligence source and a unit of Thomson Reuters Professional Publishing.
The Economic Development Bank will be setting its sights on promoting self-employment initiatives in 2012, targeting specific sectors with orientation sessions and, perhaps most importantly, funding, agency President Ivonne Otero said.
Puerto Rico Telephone, which does business as Claro, announced Friday that if the increase in Universal Service Fund charges that the Federal Communications Commission is pushing for is approved, landline and wireless customers will see an increase in their bill starting the first quarter of 2012.
Miguel Serrano, the local inventor and developer of the STATIM tsunami and flood shelter project, announced Thursday the launching of a global “crowdfunding” campaign to raise the $100,000 in financing he needs to expedite plans to build and commercialize his novel disaster preparedness technology.
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