Planning Board overhauling economic analysis methods
May 1, 2014
The Puerto Rico Planning Board is working on an integrated plan to streamline and update the process of gathering, analyzing and releasing statistics, seeking to strengthen the numbers available for the island’s economic activities, agency President Luis García-Pelatti said Wednesday.
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Planning Board pegs ’15 economic growth at 0.2%
April 30, 2014
The Puerto Rico Planning Board released Tuesday its economic projections for Fiscal years 2014 and 2015, in which it is estimated a base growth in real Gross Domestic Product of $6.5 billion million this year, representing an increase of 0.1 percent compared to Fiscal 2013.
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PR IT Cluster reveals plans, actions to promote IT sector
April 28, 2014
The Board of the Puerto Rico of Information Technology Cluster (PRITC), an organization dedicated to making Puerto Rico a global leader in the IT industry, recently unveiled its strategic plan and announced the actions it is taking to carry out its mission.
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Claro connects Puerto Rico to 100 Gigabit-capable cable
April 25, 2014
Puerto Rico on Thursday became the final connecting point of a $1.1 billion high-speed submarine cable system deployed by telecommunications provider América Móvil that is capable of offering broadband transmission speeds of up to 100 Gigabits per second.
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WEF report: Puerto Rico experimenting ‘digital paradox’
April 24, 2014
Puerto Rico slipped five notches to 41st place in this year’s World Economic Forum’s Global Information Technology Report, yet remains ahead of other countries in the region in terms of connectedness, local experts said Wednesday upon analyzing the results.
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Liberty Puerto Rico turns to cloud to personalize service
April 24, 2014
Liberty Puerto Rico is partnering with technology provider ActiveVideo to launch of a cloud-based personalized user interface that uses real-time viewing metrics to display program popularity and offers insight into how viewers find television content in a social context.
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T-Mobile nixes overage penalties, ‘frees’ tablets
April 15, 2014
Wireless carrier T-Mobile has spent the last few weeks turning the industry on its head by eliminating contracts and dropping the price on services, making its most recent move Monday with the elimination of overage charges levied on its customers, starting May 1.
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Safety Tracker Software LLC expands to Central America
April 10, 2014
Safety Tracker Software LLC, a Puerto Rico based technology start-up specializing in environmental, occupational health and safety software, announced it has expanded operations into the Central America region.
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Study: Puerto Rico is ideal site for high-tech ventures
April 8, 2014
Puerto Rico is a hospitable place when it comes to protecting intellectual property (IP) rights, which coupled with incentives and favorable business conditions, make the island an attractive place to set up and expand high-tech firms, a study commissioned by Microsoft Corp. conducted by “The Economist” revealed Monday.
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Liberty reshuffling channels, pulls plug on Viacom lineup
April 7, 2014
Effective tomorrow, Liberty Puerto Rico will eliminate all of the Viacom channels in the Ultimate and Ultimate Plus video tiers after unfruitful negotiations with the provider, the local cable carrier said.
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Puerto Rico’s bankruptcy filings up 10% in March
April 2, 2014
Puerto Rico’s bankruptcy filings jumped by 10 percent year-over-year in March, when 1,007 cases were filed. The bulk of the cases belonged to the Chapter 13 category, which allow individuals to reorganize their finances.
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February EAI slides 2.4%, as jobless rate hits 15%
March 31, 2014
The Puerto Rico government released key economic statistics late Friday that reflected a slide in the Economic Activity Index of 2.4 percent year-over-year in February, as well as put the island’s jobless rate at 15 percent that month.
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‘HackPR’ links companies with new tech talent
March 31, 2014
The second edition of Puerto Rico’s biggest student-run hackathon, “HackPR,” took place over the weekend in Mayagüez, allowing technology amateurs and professionals showcase their skills before big name companies like Microsoft and Google, and also to local start-ups that are in the lookout for new talent that can satisfy their technological needs.
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T-Mobile to invest $20M in 4G LTE network in ’14
March 28, 2014
A month after launching its “contract-free” business model, T-Mobile announced a new $20 million investment to upgrade its Puerto Rico 4G LTE infrastructure and add 100 new jobs to its payroll, a high-ranking parent company executive said Thursday.
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Telecom execs: PUC is ‘not viable option’ for island
March 26, 2014
Last Thursday, the Puerto Rico senate approved a substitute bill that consolidated several of the measures that had made the leaders of the telecommunications industry unanimously oppose any possible changes to Law 213, known as the Telecommunications Law.
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