Onelink makes hefty network investments to add services, capacity
October 19, 2011
Onelink Communications, the San Juan metropolitan area’s main cable television provider, will be investing some $26 million in network upgrades in 2012, on top of the $184 million it has pumped into its network in the last six years, company officials said Tuesday.
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$25M Walmart Supercenter planned for Toa Baja
October 19, 2011
Walmart Puerto Rico is pushing forward with its expansion plans on the island, revealing plans to build a Supercenter in Toa Baja entailing a $25 million investment.
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Froyoworld joins P.R.’s frozen yogurt market
October 19, 2011
San Francisco-based frozen yogurt chain Froyoworld is making its debut in the Puerto Rico market with its first store that opened in Miramar this week, franchisee Ricky Lozada announced Tuesday.
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Tourism Co. in pursuit of European traveler market
October 19, 2011
The Puerto Rico Tourism Company is looking to establish “a solid exchnge” with the European travel market, in a bid to boost travel to the island as well as hotel registrations, which as of June 2011 had showed a 4.4 percent increase, agency Executive Director Mario González Lafuente said Tuesday.
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P.R. free-trade zones rank 15th in the nation
October 18, 2011
In its most recent report on the impact of free trade zones across the U.S., the National Association of Foreign Trade Zones has classified Puerto Rico’s three facilities among the top 15 in the nation.
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Forum slated on sustainable farming and world wealth
October 18, 2011
"Agriculture: Sustainability and world wealth" is the theme of an upcoming forum that will explore farming as a necessary variable to achieve development, to combat hunger and create wealth. The event is slated for Oct. 20, starting at 8 a.m. at the University of Puerto Rico, Río Piedras Campus School of Education.
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Trio of local colleges launch Estudiaahora.com online resource
October 17, 2011
Instituto de Banca y Comercio, National University College and Ponce Paramedical College, all educational institutions and members of the EduK Group, have created Estudiaahora.com, an online resource intended to encourage students to consider their educational choices from among professional certificate, associates, bachelor's and master's degree programs, all in one convenient online location.
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DDR pumping $50M to redevelop 4 island malls
October 17, 2011
DDR Corp. announced Monday plans to redevelop four shopping centers in Puerto Rico – Plaza del Sol and Rexville Plaza in Bayamon, Plaza del Norte in Hatillo and Plaza Escorial in Carolina, at a cost of $50 million.
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P.R.’s lagging wireless usage rate gives room for growth, evolution
October 17, 2011
Puerto Rico’s 81 percent wireless penetration rate is low in contrast to other parts of the world where mobile phones outnumber people, leaving ample space for growth and further contributions by an industry that “could do more.” However, the impact of an industry is not always in the numbers, but in the quality of services it extends to a population.
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Hoopster Barea using image, sponsorship deals to benefit foundation
October 17, 2011
Puerto Rico has always had a soft spot for its outstanding athletes, including advertising and marketing executives, which recently have been hot on the pursuit of one particular player, NBA Point Guard José Juan Barea.
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Interphex looks to drive island’s knowledge economy
October 17, 2011
Interphex Puerto Rico, the annual event that gathers key components of the island’s knowledge-based economy, will again offer an agenda full of conferences and training sessions Oct. 20-21 that focus on its mission to generate activity and help professionals move forward.
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Puerto Rico CPA Society to host recycling event
October 17, 2011
As part of its environmentally friendly agenda, the Puerto Rico CPA Society will host a paper recycling event, Oct. 21 from 8 a.m. to 2 p.m. Organization members will be charged a fee of $2.50 per box — up to five boxes — delivered to the Capital Center building in Hato Rey. Non-members will have to pay $5 per box, for the same five-box limit.
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PRBI, Inteco interconnect to deliver faster, more affordable broadband services
October 14, 2011
The areas of health care, education, and public safety in eight central and eastern Puerto Rico towns will have access to faster and more affordable broadband services in coming months through the network interconnection agreement reached between Critical Hub Networks’ Puerto Rico Bridge Initiative project and the Central Eastern Technological Initiative, or Inteco.
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Pattern Energy locks in $250M financing for Santa Isabel wind farm project
October 13, 2011
Less than a month after securing permits from the Puerto Rico Planning Board, San Francisco-based Pattern Energy Group LP announced Thursday it has secured financing for its $250 million wind energy farm planned for Santa Isabel.
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Walmart’s Humacao store undergoing $11M expansion
October 13, 2011
Walmart Puerto Rico is investing $11 million to add 30,000 square feet of new space to the Humacao store that anchors the eastern town’s Plaza Palma Real mall, company officials confirmed Wednesday. The remodeled store will be re-inaugurated Dec. 8.
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