WEF: Puerto Rico shows ‘digital paradox’
April 10, 2013
The Latin America and Caribbean regions still suffer from a serious lag in the adoption and use of information technology (ITC) despite infrastructure improvements, an expansion of coverage and a push into e-government, according to the World Economic Forum’s Technology Report 2013 released a few moments ago.
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Puerto Rico gov’t, Microsoft partner to boost IT, cloud computing
April 10, 2013
In light of the growth of cloud computing and application programming interfaces worldwide, Gov. Alejandro García-Padilla signed a memorandum of understanding and cooperation framework with Microsoft that seeks to turn Puerto Rico into a global exponent of the digital cloud and promote job creation, among other objectives.
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Curaçao retailers protest sales tax hike as Venezuelan uncertainty looms
April 10, 2013
Economic difficulties in Curaçao — the largest Dutch-speaking island in the recently dissolved Netherlands Antilles confederation — as well as political uncertainty in nearby Venezuela, are affecting retailers ahead of a planned hike in the country’s sales tax on luxury products such as perfumes, jewelery and electronics from 6 percent to 9 percent.
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CNE gets $100K grant to ‘strengthen Puerto Rico’s civic core’
April 9, 2013
The Open Society Foundations announced Monday it has awarded the Center for a New Economy a $100,000 grant to lead a group of nonprofits to create an initiative geared toward strengthening the civic core in Puerto Rico.
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Fitch deems Puerto Rico’s pension reform ‘positive step’
April 9, 2013
Fitch Ratings officials said Monday the pension reforms that the Puerto Rican government has enacted are “positive and an important step toward achieving credit stability.”
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HP launches powerful ‘Moonshot’ server series
April 9, 2013
Technology giant Hewlett-Packard unveiled Monday its first commercially available server system that delivers new infrastructure economics for companies seeking capacity for cloud-based services, while saving on energy, space and costs.
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AT&T partners with HTC, Facebook to launch HTC First
April 9, 2013
AT&T, HTC and Facebook have teamed up to develop and launch the HTC First, the first and only smartphone built to feature “Facebook Home,” which puts friends and family at the heart of the phone, with the latest updates appearing on the screen and messages that reach the user regardless of what they’re doing on their device.
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Starbucks opens in Plaza Las Américas
April 9, 2013
Starbucks Coffee is marking its 10th anniversary in Puerto Rico with the opening of its 20th coffee shop at the Plaza Las Américas mall in Hato Rey. The store that opened Monday is located on the second level of the shopping center's west hallway, facing Coach.
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Local gov’t officials off to Brazil for leaders forum
April 8, 2013
Three high-ranking Puerto Rico government officials, Gov. Alejandro García Padilla, Economic Development and Commerce Secretary Alberto Bacó and Puerto Rico Industrial Development Company Executive Director Antonio Medina, jetted off to Brazil Sunday to participate in “The Government Leaders Forum — Latin America and The Caribbean,” hosted by Microsoft.
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Cuba hopes for U.S. travel boom, as charter flights remain grounded
April 8, 2013
A record 2.84 million tourists visited Cuba last year, up 4.5 percent from 2011 figures (by comparison, only 326,000 tourists came to Cuba in 1989). More than one million of them came from Canada, with large numbers also visiting from the United States — mainly Cuban-American exiles and those on specially licensed humanitarian or people-to-people excursions. Other important sources of tourism to Cuba are Latin America, Russia and, increasingly, China.
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America Cruise Ferries mulling permanent anchor in SJ
April 8, 2013
America Cruise Ferries, the company that operates the only commercial maritime connection between Puerto Rico and the Dominican Republic, saw an influx of North American passengers during Easter Week, when the ship departed only from San Juan to the neighboring island nation.
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Harvey: ‘Aggressive sales are a thing of the past’
April 8, 2013
Sales leader and coach Randall Harvey, who delivered one of the keynote addresses during last week’s Sales and Marketing Executives annual convention, believes creating value, rather than cornering clients and potential prospects, is the key to successful sales.
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Ford launches ‘Auto Remedio’ campaign
April 8, 2013
Automaker Ford will kick off a new, multi-channel marketing campaign dubbed “Auto Remedio” today, through which it seeks to shows how brand-exclusive technologies featured across its vehicle lineup make life easier for drivers.
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García-Padilla signs sweeping pension reform
April 5, 2013
Amid outcry from many public workers who will see their pension benefits dwindle once they retire from their government jobs, Puerto Rican lawmakers approved and Gov. Alejandro García-Padilla signed a sweeping reform aimed at “rescuing” Commonwealth’s Employees Retirement System.
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P.R. Products Assoc. to celebrate local industry
April 5, 2013
The Puerto Rico Products Association will celebrate “Puerto Rican Industry Month” in April with a series of events that seek to foster socioeconomic development, namely the "Made in Puerto Rico Forum,” and its 47th annual convention.
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