Evertec launches ATH Móvil payment solution for online businesses
October 11, 2018
This new solution will be available initially for a limited group of merchants as part of an extended pilot and will be offered to all ATH Móvil Business participants at the beginning of 2019.
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Bankruptcies filed in P.R. soar in September, with 160% more cases on record
October 9, 2018
The report showed increased activity in three of the four categories, with a marked jump in Chapter 11 cases.
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P.R.’s economic activity index is flat year-over-year in August, but is driven by cement sales
October 9, 2018
The agency informed that the EAI reached a level of 121.9 in August of this year.
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América Móvil invests $250M in P.R. network this year, focuses on further expansion
October 4, 2018
América Móvil CEO Daniel Hajj, who is in Puerto Rico this week, met with Gov. Ricardo Rosselló.
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$130M backup fiber optic cable to be deployed along P.R’s southern coast
October 3, 2018
The first phase of the project will entail an investment of $30 million to build.
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NY Fed studies reveal growth in ‘micro revenue’ firms in P.R. post-hurricanes
September 28, 2018
In the year since Hurricane María struck Puerto Rico, the share of so-called “micro-revenue” firms generating $50,000 or less in profits increased.
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Rock Solid Technologies awards 4 scholarships to UPR students
September 28, 2018
Rock Solid Technologies announced the winners of its 17th annual scholarship program, who are all University of Puerto Rico students who will each receive $3,000 to cover one year’s tuition.
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CNE: Disaster spending in P.R. goes mostly to U.S.-based firms, violating Stafford Act
September 27, 2018
Federal relief and recovery spending in Puerto Rico is mostly being used to contract mainland firms, which suggests that Stafford Act provisions have, up to this point, been sidestepped or ignored.
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Sagrado creates 1st Innovation Fund for co.’s in San Juan’s Santurce district
September 25, 2018
Sacred Heart University, through its “Nuestro Barrio” program, received a $95,000 contribution to create the first Innovation Seed Fund.
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Study: P.R. faces ‘major’ challenges to achieve post-recovery economic growth
September 20, 2018
In its analysis of the “Balance of the Economy Post Hurricane María,” the firm stated that while the economy has rebounded, the expected real growth in Gross National Product will be temporary.
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U.S. Census: 97K people emigrated from P.R. to the US in ’17
September 14, 2018
The Survey’s statistics refer to the information collected during calendar year 2017 and includes social, economic and housing data for Puerto Rico and municipalities with a population of 65,000 people or more.
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Liberty among P.R’s best employers for 2nd year in a row
September 11, 2018
For the second year in a row, Liberty Puerto Rico received the distinction of being one of Puerto Rico’s “Best Employers,” according to Aon’s annual study.
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T-Mobile 600 MHz Extended Range LTE live in P.R., laying foundation for 5G
September 10, 2018
T-Mobile announced it has now lit up 600 MHz (Band 71) Extended Range LTE in 1,254 cities and towns in 36 states, including the island of Puerto Rico.
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Economists propose green energy policy for job, fiscal growth
September 7, 2018
The Puerto Rico Economists Association are promoting an “energetic transition” for the commonwealth based on the findings of a study that concludes doing so will bring fiscal prosperity and job growth.
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Telenet donates laptops to P.R. public school students through Liberty Foundation
September 6, 2018
The donation of laptops was made through Telenet’s “Adopt a School” program and were delivered Wednesday by the Liberty Foundation, Liberty Puerto Rico’s nonprofit organization.
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