Bankruptcy filings skyrocketed in November, when a total of 823 cases were filed, representing a whopping 20 percent increase when compared to the same month last year, according to preliminary figures released by research firm Boletín de Puerto Rico.
Given world tourism trends, Puerto Rico needs to focus on new markets, such as Germany, Japan, China, and the United Kingdom, to find success in a highly competitive sector and lure tourists to its shores, to be able to reduce its reliance on other industries.
Telecommunications provider Claro Puerto Rico announced Monday the expansion of its 4G Long-Term Evolution (LTE) network to nine more municipalities in Puerto Rico, totaling 18 new additions in just seven weeks.