Op-Ed: Approving OneLink sale would green-light costlier services
July 12, 2012
As a long-time OneLink subscriber, I have personal knowledge of its service and the value of its offerings. I recently moved to the western part of the island, where I have been able to compare services with other providers such as Claro and Choice Cable. They offer asuperior range of offerings for a substantially lower […]
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Ford, Susan G. Komen join to offer free breast exams
July 12, 2012
Breast cancer remains as the most diagnosed type of cancer and leading cause of cancer death among Puerto Rican women, which is why early detection through mammograms is so important. With this in mind, the Puerto Rico chapter of Susan G. Komen for the Cure and Ford Motor Company and its dealers will host “Walk […]
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Doral’s ‘d parques’ institutional program banks on early education
July 12, 2012
Doral Bank’s “d parques” institutional program, focused on strengthening moderate-to-low income communities through reforestation, is adding a new element to this year’s effort: creating gardens and educational games to foster childhood development, campaign officials announced Wednesday. The program, now in its fourth year, has reached more than 16 communities and more than one million people […]
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Spanish, Mexican groups submit final bids for LMM contract
July 11, 2012
The two finalists in the running to take over the operations of the Luis Muñoz Marín International Airport in Carolina for the next 40 years, Mexico’s Grupo Aeroportuario del Sureste and Spain’s Grupo Aeropuertos Avance, submitted their final proposals to the government Tuesday and now must wait two or three weeks to know their fate. […]
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FirstBank grants $2.7M, SBA-backed loan to Autos de Cayey
July 11, 2012
With the goal of providing a new financing alternative to car dealers, FirstBank approved a $2.7 million “floor plan” loan secured by the Small Business Administration to Autos de Cayey Inc., the bank announced Tuesday. Floor plan financing is a revolving line of credit that allows the borrower to obtain financing for retail goods, the […]
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Bristol-Myers Squibb announces $165M Humacao expansion
July 10, 2012
Bristol-Myers Squibb Company announced a $165 million expansion of its facility in Humacao to add manufacturing capacity that will prepare the plant for the production of additional medicines.
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Tourism Co. brands 16-town mountain region as ‘Porta Cordillera’
July 10, 2012
The Tourism Co. has designated a 16-town cluster straddling Puerto Rico’s central mountain region from Lares to Cidra as the new “Porta Cordillera” tourism region, which joins five other areas where municipalities have banded together to develop travel and leisure-related economic activity.
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HP re-names Castillo to top post of Puerto Rico, Caribbean operations
July 10, 2012
Technology giant Hewlett-Packard announced the appointment of long-time local executive Martin Castillo as general manager of its enterprise group and director for the Caribbean region. He succeeds José Fernando Meléndez, who retired after spending 13 years with the company, the last two as general manager of HP Puerto Rico.
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Fusionworks, 1st local SAP-certified ‘partner center of expertise’
July 10, 2012
Puerto Rican firm Fusionworks Inc. recently became the first in Puerto Rico and the Caribbean to become certified by software giant SAP as a "Partner Center of Expertise,” the company announced Monday.
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Public has 30 days to comment on Liberty-OneLink deal
July 9, 2012
The Puerto Rico Telecommunications Regulatory Board has yet to receive Liberty Cablevision of Puerto Rico’s application asking for approval of its proposed acquisition of OneLink Communications, but it has already opened a 30-day public comment window to allow consumers and competitors to weigh in on the proposed transaction.
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CofC heads unified college internship initiative
July 9, 2012
The Puerto Rico Chamber of Commerce, through its public service campaign "Drive the business of your life," aimed at enhancing the island’s productivity, announced a collaboration agreement with Cemex, FirstBank and the Association of Private Colleges and Universities to develop a unified internship program for college students.
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Moody’s upgrades Pridco’s credit ratings to ‘Baa1’ from ‘Baa2’
July 6, 2012
Moody's Investors Service Inc. disclosed Thursday it has upgraded the M Rico Industrial Development Company's general purpose revenue bond rating to “Baa1” from “Baa2” and changed the outlook to stable. This decision came even though Pridco has some $210 million of outstanding debt.
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Forrester Research includes local tech firm Nagnoi Inc. in global ‘shortlist’
July 6, 2012
Puerto Rico technology firm Nagnoi Inc. scored another accomplishment recently, through its inclusion into the 2012 Forrester Research Business Intelligence Service Providers Shortlist.
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Coffee & Chocolate Expo ’12 brewing for September
July 6, 2012
The third edition of the Puerto Rico Coffee Expo is bumping up its offering this year, integrating chocolate products and suppliers, organizers said Thursday.
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A.M. Best revises Universal Life Insurance Co.’s to outlook to ‘positive’
July 6, 2012
Insurance credit ratings agency A.M. Best Co. announced Thursday it has revised Universal Life Insurance Company’s outlook to “positive” from “stable” and affirmed its financial strength rating of B++ (Good) and “bbb+” issuer credit rating.
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