Proposed tax incentives add ‘layer of complexity’ to P.R.’s difficulties
August 7, 2018
The government’s attempt to overhaul Puerto Rico’s tax code into an easy-to-monitor regime “adds yet another layer of complexity” to the island’s already complicated situation.
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P.R.’s economic activity remains virtually flat year-over-year
August 7, 2018
Puerto Rico’s Economic Activity Index showed a decrease of 0.8 percent year-over-year in June, but a 1 percent increase when compared to May 2018, Economic Development Bank for Puerto Rico confirmed.
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FCC admonishes P.R. gov’t for diverting 9-1-1 fees to cover other expenses
August 6, 2018
The government of Puerto Rico is ending its practice of diverting fees earmarked to fund 9-1-1 emergency service to cover other expenses.
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Former Telecom Board chief re-nominated to top ICANN council
August 3, 2018
Javier Rúa-Jovet, the former chairman of Puerto Rico’s Telecommunications Regulatory Board, and currently a private attorney in the renewable energy and ICT fields, was ratified for a second term by the ICANN.
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P.R. economists recommend 5 measures at the federal level to spur growth
July 27, 2018
The Puerto Rico Economists Association urged the implementation of at least five measures at the federal level that they consider essential to successfully overcome the island’s current economic crisis and spur economic growth in the long term.
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Facebook shows social media tools to help P.R’s SMEs grow their businesses
July 18, 2018
Although the financial crisis in Puerto Rico has not yet taken a drastic swing of balance in a positive direction, that hasn’t stopped Facebook from identifying opportunities that are available on its plaform for small and medium businesses to expand their operations.
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Gardien Alert device warns when child is left behind in vehicle
July 18, 2018
Puerto Rican firm Momentum Creative Lab LCC announced the launching of a disruptive technology, Gardien Alert, designed to send an alert when a child is left behind in a car, as well as the protective seat that also meets this need.
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PR Wireless to replace Open Mobile brand with Boost Mobile
June 20, 2018
Open Mobile stores in Puerto Rico have begun their re-branding as Boost Mobile, in response to the new business model adopted by parent company PR Wireless.
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Liberty Puerto Rico relaunches video on-demand platform
June 18, 2018
Liberty Puerto Rico has relaunched its video on-demand service with a new user-friendly platform, features and high-definition content.
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Atento reopens Caguas call center after $9M post-María renovation
June 13, 2018
Atento S.A. marked the reopening of its customer relations center in Caguas, following a comprehensive post-Hurricane María renovation.
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ATH Móvil users may use platform to donate to nonprofits
June 13, 2018
EVERTEC Inc. announced that ATH Móvil now has a new feature to help nonprofit organizations receive donations.
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Moody’s: P.R.’s economy will shrink 6-7% in ’18
June 12, 2018
Following a contraction of 6.2 percent in 2017, Moody’s Credit Standards and Strategy Group expects Puerto Rico’s economy to shrink by another 6 percent to 7 percent this year, with some rebound in the second half of the year, supported by rebuilding activity.
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Data collection starts for P.R. 2017 Economic Census
June 7, 2018
Companies doing business in Puerto Rico will soon be receiving questionnaires to fill out for the Puerto Rico 2017 Economic Census, the main source of data on the structure and functioning of the island’s economy.
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T-Mobile 600 MHz Extended Range LTE now live in 900+ sites, coming to P.R.
June 7, 2018
T-Mobile has lit up 600 MHz Extended Range LTE technology in more than 900 cities and towns across 32 states, offering T-Mobile LTE coverage into 120 places, and will deploy the same advanced coverage in Puerto Rico in the fall, executives announced.
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P.R.’s economic activity shows slight uptick in April
June 5, 2018
Puerto Rico’s Economic Activity Index, released by the Economic Development Bank, reached a level of 119.9 in April 2018.
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