T-Mobile lights up 600MHz in Vieques, completing deployment throughout P.R.
August 13, 2019
VIEQUES, P.R. — Wireless carrier T-Mobile announced the arrival of the 600MHz technology to Vieques, completing the deployment of the next-generation technology throughout the 78 municipalities. Less than two years after Hurricane María struck Puerto Rico, T-Mobile has lit up 600MHz to provide coverage in every town, the company’s General Manager Jorge Martel said. The […]
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$120M, 579-suite Hyatt Resort at Coco Beach opens in Río Grande
August 13, 2019
The Resort at Coco Beach, a property affiliated with the Hyatt brand, has officially opened in Rio Grande, featuring 579 ocean-front suites situated on a secluded 1,000-acre peninsula within a private development on the island’s northeast coast. As this media outlet reported in June, the former Gran Meliá Puerto Rico Hotel was acquired by Monarch […]
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2020 Census releases tagline, logo in 12 languages in addition to English
August 13, 2019
The U.S. Census Bureau announced it has completed the release of its 2020 Census platform (tagline and logo) for 12 languages in addition to English. The “Shape your future. START HERE.” platform is incorporated across Census Bureau outreach and partnership awareness materials and will become more visible as the 2020 Census advertising campaign launches in […]
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PRiMEX ranked 1st place among peer network in U.S. mainland
August 13, 2019
The Puerto Rico Manufacturing Extension Inc. (known as PRiMEX) landed the top ranking from the Network of the National Institute of Standards and Technology/Manufacturing Extension Partnership of the U.S. Department of Commerce, the entity announced. The organization offers training, technical and business support to improve the competitiveness of companies, processes and human resources. Among the […]
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PRASA completes restructuring of $1B in debt with 2 federal agencies
August 12, 2019
The government of Puerto Rico has reached an agreement with a pair of federal agencies to restructure some $1 billion in Puerto Rico Aqueduct and Sewer Authority debt. According to a press release PRASA and the Fiscal Agency and Financial Advisory Authority, or AAFAF, reached an understanding with the Environmental Protection Agency’s Clean Water and […]
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Invest P.R. CEO: Investors must be assured things are moving forward
August 12, 2019
The political turmoil Puerto Rico has been experiencing in recent weeks is similar to what has happened in other jurisdictions, and investors must be assured that “things will continue to move forward,” Invest Puerto Rico CEO Rodrick Miller said. In an exclusive interview with News is my Business, Miller said it is very early to […]
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T-Mobile 2nd annual ‘Changemaker Challenge’ for young visionaries
August 9, 2019
T-Mobile, the T-Mobile Foundation and nonprofit Ashoka kicked off the second-annual T-Mobile Changemaker Challenge, a nationwide contest to mobilize the next generation of youth who are ready to create positive change in their communities. Through Sept. 26, youth teams can enter the challenge by submitting a project that drives social change in one of three […]
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New Fortress Energy, Boys & Girls Club of P.R host back-to-school fair
August 9, 2019
More than 300 children from the Boys & Girls Club in Las Margaritas participated in a back-to-school fair, organized by New Fortress Energy, an energy infrastructure company committed to supporting youth education in science and technology. In addition to providing school supplies and support, the fair featured robotics workshops designed to introduce students to science, […]
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Startup Hub Caribbean by Facebook and parallel18 wraps up its 1st generation
August 9, 2019
The closing event for Startup Hub Caribbean, a program by Facebook and Puerto Rican accelerator parallel18, showcased the growth and impact of 10 startups that are helping improve their communities’ access to high-quality education, jobs, and technology. The Demo Day took place in parallel18’s HQ, in San Juan and was the final phase of a […]
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National, MBIA Insurance sue Wall Street banks for role in P.R.’s fiscal crisis
August 8, 2019
National Public Finance Guarantee Corporation and MBIA Insurance Corporation filed suit in the San Juan Superior Court against eight Wall Street banks to hold them accountable for “inequitable conduct in Puerto Rico’s municipal bond market that contributed to Puerto Rico’s economic collapse.” Plaintiffs are bond insurers that have been presented with more than $1 billion […]
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Liberty Puerto Rico posts $103.8M in 2Q19 revenue
August 8, 2019
Liberty Puerto Rico reported consistent revenue and subscriber growth for the second quarter of the year, according to its financial results report. The company added more than 5,000 customers this quarter, driven by its growth in high speed data subscribers. Liberty’s second quarter 2019 revenue stands at $103.8 million, which represents a 5.3% increase from […]
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Entrepreneurs of innovative company HYP3R join Endeavor’s global network
August 8, 2019
Entrepreneurs Carlos García and Leandro Armas, leaders of HYP3R, were admitted to Endeavor’s global network as part of the new group of Endeavor Entrepreneurs selected this summer in Tokyo, Japan, Erika Medina-Vecchini, Managing Director of Endeavor Puerto Rico announced. The partners at HYP3R, one of the most innovative technology companies in the tourism sector, are […]
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P.R. pursues expansion of hotel development pipeline at Caribbean Hospitality Summit
August 8, 2019
Business leaders and government officials representing Puerto Rico, Dominica and St. Maarten spoke about their respective recovery and resiliency strategies during the Bisnow Caribbean Hospitality and Tourism Summit held Aug. 1, 2019 in Miami. The event sponsored by the Puerto Rico Builders Association drew more than 200 investors, developers, hotel operators and other industry professionals. […]
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P.R.’s economic activity drops 0.7% in June ’19 vs. same month in ’18
August 8, 2019
Puerto Rico’s Economic Activity Index — which measures the performance of key indicators — showed a 0.7% year-over-year drop in June 2019, according to the data released by the Economic Development Bank. This was the first year-over-year decrease after 11 months of consecutive increases, the report showed. According to the document, the annual comparison is […]
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Ex-Gov. Rosselló signed laws limiting constitutional right of access to information
August 7, 2019
On the eve of becoming Puerto Rico’s first governor to resign from his post, Ricardo Rosselló signed a pair of laws whose net effect is to hinder access to public information and limit free expression, nonprofit group Open Spaces denounced. Cecille Blondet, executive director of Open Spaces said Rosselló stamped his signature on Acts 122 […]
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