SME study: 2M+ people in P.R. are online daily
April 29, 2016
More than 2 million people in Puerto Rico interact daily on a social network through their phone, computer or tablet — a trend that continues to rise, affecting the way they communicate, their consumption patterns, information search and content preferences.
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CNE stresses ‘sense of urgency’ for Congressional action
April 29, 2016
Center for a New Economy representatives on Thursday stressed the urgency for Congressional action, but cautioned that any bill approved in Washington must provide Puerto Rico with a debt restructuring mechanism “that will actually work.”
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Justice to testify on cybercrimes before Senate today
April 27, 2016
The Puerto Rico Justice Department’s CyberCrime Division will testify before the Senate on Internet sales and the protections consumers require to fight off fraudulent business practices.
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Telecom Board fines Claro $155K for alleged ‘cramming’
April 18, 2016
The Puerto Rico Telecommunications Regulatory Board has issued a fine against carrier Claro de Puerto Rico of more than $155,000 for apparent “cramming” practices in its wireless and bundled Internet services.
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P.R. makes debut in IMF World Economic Outlook report
April 13, 2016
Puerto Rico has been included for the first time in the International Monetary Fund’s World Economic Outlook report released Tuesday, opening doors for future economic development, local executives in charge of representing the island before the entity said.
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Diaspora, local execs join forces on message to Congress
April 8, 2016
A broad segment of the Puerto Rican diaspora and local economic and social organizations met Thursday with House Speaker Jaime Perelló to identified critical areas that must be addressed jointly in Congress, as it shapes solutions for the island’s fiscal crisis.
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S&P: Puerto Rico debt moratorium could lead to default
April 7, 2016
Standard & Poor's Ratings Services said Wednesday the legislation enacted giving Puerto Rico Gov. Alejandro García-Padilla the power to suspend debt service payments would lead to a further credit downgrade, to “default” status.
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CofC launches new initiative to find solutions for P.R.
April 7, 2016
Seeking to expand human capital to help push Puerto Rico forward and find new solutions that lead island residents toward a better future, the Puerto Rico Chamber of Commerce is launching a new initiative called "Puerto Rico is about all of us."
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Liberty rebrands Choice’s operations to blanket island
April 5, 2016
Nine months after Liberty Puerto Rico picked up the assets of Choice Cable TV, the telecommunications company announced that effective today, both companies will operate as Liberty islandwide.
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FCC expands subsidy program to cover broadband
April 1, 2016
In a 3-2 vote, the Federal Communications Commission on Thursday decided to expand its Lifeline Universal Service Program, which currently subsidizes voice telephone service for low-income households, to allow those households to use the program to lower the cost of broadband service.
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Report: P.R. bankruptcy cases up 13% YOY in Feb.
April 1, 2016
Puerto Rico’s bankruptcy filings were up 13 percent in February, when 930 cases were submitted to the court, versus the same month in 2015, according to numbers released Thursday by research company Boletín de Puerto Rico.
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Foundation for P.R. unveils visitor economy study
March 17, 2016
An important part of the local economy, and the only one showing growth, tourism represents a great opportunity for growth in the short and medium term for Puerto Rico, according to the findings of a study released by the Foundation for Puerto Rico Wednesday.
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5 P.R. startups participating in South by Southwest
March 14, 2016
A delegation of five Puerto Rican startups are participating technological innovation event South by Southwest (SXSW) Interactive in Austin, Texas this week, supported by Puerto Rico Trade and Export and the Small Business Administration.
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CNE to open offices in DC, NY to act on P.R. key issues
March 11, 2016
Looking to build a new “civic infrastructure” for Puerto Rico in the U.S. mainland, a Center for a New Economy will be opening offices in Washington, DC and New York to insert itself in the discussion of fiscal and other issues, the think tank’s President Mike Soto-Class said Thursday.
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Lack of reliable data hinders P.R.’s ‘economic liberty’
March 8, 2016
The lack of available, reliable economic data and a deficiency in transparency from the government are several key factors that must be addressed for Puerto Rico to improve its ranking in an index published annually by The Heritage Foundation, local economists said Monday.
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