Puerto Rico’s current financial crisis might just be the opportunity for the government to stay on track with its strategy of collaborating with private-sector technology companies to find solutions to its problems and improve services to citizens.
The Puerto Rico Government Development Bank on Wednesday released a revised Economic Activity Index for March that registered a -0.4 percent year-over-year reduction, and a month-over-month increase of 0.5 percent.
The Puerto Rico Telecommunications Regulatory Board has set the ball rolling on an initiative to gather data from the island’s broadband providers to define the sector’s contributions to the economy, with results expected to be ready in a year, agency President Javier Rúa-Jovet said Wednesday.
The Puerto Rico Telecommunications Board is heading a collaborative effort with the Baltasar Garzón International Foundation, headed by Spanish Judge Baltasar Garzón, to educate local judges and attorneys on human rights in the Internet era.
AT&T said Monday it has invested nearly $290 million in its wireless and wired networks in Puerto Rico between 2012 through 2014, “driving a wide range of upgrades to reliability, coverage, speed and performance for residents and business customers.”
With the participation of important international players in the fields of technology and computing and chief information officers from Latin America and the U.S. mainland, the government announced Tuesday the upcoming third edition of the Tech Summit, slated for May 13.
Going into its eighth year of negative growth, Puerto Rico needs to become accountable for its “sad state” of internal affairs and make a number of necessary decisions to recover growth in fiscal years to come and put an end to the prevailing sense of crisis, said economist firm H. Calero Consulting Group in the most recent edition of its internal publication “Pulse.”
The strategy set forth by Gov. García-Padilla’s administration to try shore up liquidity for the Government Development Bank for Puerto Rico through the reliance on a recently approved oil tax hike may fall short if prices increase, or the island’s population continues to shrink, economist firm H. Calero Consulting exposed in its most recent monthly publication.
A recently released global study commissioned by EMC Corporation revealed that the majority of industry leaders worldwide believes new technologies have forever changed the rules of business, “democratizing information and rewiring customer expectations.”
Critical Hub Networks announced Thursday that the Puerto Rico Bridge Initiative has interconnected with the Florida Internet Exchange (FL-IX), a move that improves access to Internet content for Puerto Rico broadband users.
After grabbing roughly 100 percent of the industry’s postpaid phone growth in 2014, T-Mobile is now taking its surging revolt against what it calls “broken” U.S. wireless practices to a new front.
On the heels of testimony presented before the Senate the prior day, the Center for a New Economy on Thursday offered seven strategies to jumpstart Puerto Rico’s economy, that sidestep the government’s proposed tax reform — for now.
A bill that seeks to establish public policy and regulate the operation of mobile application-based transportation network companies, such as San Francisco’s Uber, was struck down Monday on the Senate floor in a 13-11 vote.
The government of Puerto Rico will host the 3rd edition of the Puerto Rico Tech Summit May 13, to continue positioning the island as a regional hub of technology development.
NIMB ON SOCIAL MEDIA