Espacios Abiertos, debt restructuring expert, warn about implications of COFINA deal
January 15, 2019
Nonprofit organization Espacios Abiertos exposed a number of “suspicious elements” of the proposed agreement to restructure the Puerto Rico Sales Tax Financing Corporation (known as COFINA by its initials in Spanish) debt, which U.S. District Court Judge Laura Taylor Swain will review this week. “We said it last year and we stand by it today,” […]
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Economist: Oversight Board’s 8% contraction in Fiscal ’18 incompatible with indicators
December 31, 2018
In a recently released paper, the firm predicted that while growth for the 2018 calendar year will be “0,” prospects for 2019 depend on the amount and rate of federal funds disbursed for the island’s recovery efforts.
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T-Mobile confirms deployment of small cells project, new areas covered by 600MHz
December 20, 2018
With this recent investment, T-Mobile continues to strengthen its expansion strategy in advance of arrival of 5G, in 2019 or during the first quarter of 2020.
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Liberty Puerto Rico receives 3 workplace honors
December 20, 2018
The American Psychological Association (APA) recently named Liberty Puerto Rico as one of its 2018 Psychologically Healthy Workplace Honors.
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Microsoft seeks Artificial Intelligence projects to help people with disabilities
December 10, 2018
In recent years, artificial intelligence (AI) has made industry-leading advances in many major disciplines.
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Mastercard, Microsoft join forces to improve use of digital identity
December 5, 2018
Currently, verifying an identity online is still dependent on physical or digital proof managed by a central party, whether it’s a passport number, proof of address, driver’s license, user credentials or other means.
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AT&T upgrades 460+ cell sites in P.R. to boost performance
December 5, 2018
So far, the carrier has upgraded 164 cell sites in the San Juan metro region, 128 cell sites in the north and east regions, and 174 cell sites in the central, south and west regions.
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Gov’t touts P.R. Manufacturing Index jump to 53.2 in October
December 4, 2018
A reading above the threshold level suggests an expansion in the manufacturing sector with respect to the previous month, according to the PMI data.
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Rock Solid Technologies, Strattam Capital partner to expand business, add jobs
November 30, 2018
The undisclosed investment by the Texas firm will also enable Rock Solid to add 100 new jobs in Puerto Rico to its 134-person roster in the next five years.
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Artificial Intelligence could increase LatAm’s GDP to 4.3% per year
November 29, 2018
The world is undergoing a profound digital disruption in which Artificial Intelligence (AI) is leading the way.
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Economic Activity Index shows ‘encouraging’ results in October
November 29, 2018
Puerto Rico’s Economic Activity Index reached 120.4 in October, with indicators reflecting a “substantial improvement."
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P.R.’s policymakers must focus on China, executing economic plans
November 26, 2018
Although Puerto Rico may be showing signs of growth after Hurricane María’s devastation last year, many of the gains could be the result of comparing them to a “devastatingly poor” third quarter of 2017.
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Google launches new ‘Google Mi Negocio’ app in P.R.
November 15, 2018
Google has launched the Google Mi Negocio app, to offer an effective tool for small and medium businesses in Puerto Rico to keep their information current.
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Information tech firm Kastech opens regional HQs in P.R.
November 13, 2018
The company will begin operating in January with the hiring of administrative staff.
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Puerto Rico IT Cluster’s new board to focus on sector’s growth, sustainability
November 12, 2018
The new board for 2018-2019 has the vision of continuing efforts to make Puerto Rico a national and world leader in information technology and innovation.
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