PRBI kicks off islandwide microwave network deployment
June 25, 2012
Critical Hub Networks officially kicked off the deployment of the Puerto Rico Bridge Initiative’s islandwide microwave network this month, initiating the final phase of the broadband project, company officials announced.
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Puerto Rico listeners say radio is ‘ideal friend’
June 25, 2012
Island listeners, who say what comes to them over the airwaves influences plays on their lives in different ways, perceive Puerto Rico’s radio industry as the “ideal friend.”
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John Dewey opens health sciences grad school
June 25, 2012
With the objective of preparing well-rounded health professionals, John Dewey College recently inaugurated its first Health Sciences graduate school, offering master's degrees in nursing with specialties in anesthesiology, mental health and psychiatry.
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P.R. lays out investment benefits to Venezuelan business community
June 22, 2012
In an effort to boost awareness about investment opportunities in Puerto Rico, the Economic Development and Commerce Department and the Venezuelan Association of Entrepreneurs, Executives and Professionals presented before a large group of Venezuelan executives the “Puerto Rico: Investment Opportunities” seminar, focusing on the manufacturing and banking sectors as those with the greatest economic potential.
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Copa Airlines inaugurates 3rd SJ-Panama daily flight
June 22, 2012
Copa Airlines, a subsidiary of Copa Holdings, S.A., will inaugurate today its third flight between Puerto Rico’s Luis Muñoz Marín International Airport and its hub in Panama, just in time for summer vacation travel.
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Banco Popular launches ATM check image deposit service
June 22, 2012
Banco Popular announced the launching of its “Depósito Fácil” (“Easy Deposit”) service, through which clients have the option to deposit checks at select ATM machines without having to use an envelope or fill out a deposit slip.
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Island remains strong bioscience player, despite 14.7% job exodus
June 21, 2012
Puerto Rico is among a select group of U.S. jurisdictions specializing in four of the five sectors that make up the thriving bioscience industry and is among a handful of states boasting a significant employment base and a specialized concentration of jobs in drugs and pharmaceuticals, according to the findings of the “Battelle/BIO State Bioscience Industry Development Report” released Wednesday.
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MasterCard features El Ñaqui food truck in ‘cashless pioneers’ series
June 21, 2012
MasterCard WorldWide has chosen the El Ñaqui gourmet food truck as the Caribbean region’s sole participant in its “Cashless Pioneers” international series, an initiative that highlights the stories of businesses that stand out for their innovation and visionary take on electronic payments around the world.
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EDB launches credit line program to spur local procurement
June 20, 2012
The Economic Development Bank and the Puerto Rico Industry Investment Board announced Tuesday the start of a financing program to provide credit lines of between $50,000 and $900,000 to local companies seeking to selling products and services to the government but who lack the necessary funds to get the process going.
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A.M. Best upgrades newcomer Multinational Life Insurance Co.’s credit ratings
June 20, 2012
Eight months after entering the Puerto Rico market, Multinational Insurance Company has received a favorable review from prestigious credit ratings agency A.M. Best Co.
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Merck, Yale, UPR launch drug R&D teaching program
June 19, 2012
Looking to foster Puerto Rico’s potential in pharmaceutical innovation, drug developer Merck has partnered with the Yale School of Medicine and the Comprehensive Cancer Center at the University of Puerto Rico to launch a drug discovery and development teaching program.
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‘App Idol’ contest unleashes creativity among students, entrepreneurs
June 19, 2012
Four teams comprising local students and entrepreneurs walked away the winners of Puerto Rico’s first mobile application development competition sponsored by Microsoft, Nokia, the Economic Development Department, and the Puerto Rico Gamers Association.
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Banco Popular, JWT win 1st Cannes ‘Grand Prix Lion’ for Puerto Rico
June 19, 2012
Banco Popular and its agency JWT Puerto Rico were awarded the prestigious Grand Prix Lion for public relations at this year’s Cannes Lions International Festival of Creativity in France for the bank’s “Echar Pa’lante” institutional campaign.
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FCC levies $25K fine against Angulo-owned radio station
June 18, 2012
The Federal Communications Commission has issued a $25,000 fine against A Radio Company Inc., operator of the WEGA 1350 AM radio station, for failing to uphold an agreement entered into between the parties last year through which the Vega Baja operation agreed to pay $8,000 for violating agency rules.
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BofA Merrill Lynch ‘favorably impressed’ by P.R.’s financial strides
June 18, 2012
While recognizing that the Gov. Luis Fortuño administration’s financial strides “have been large and comprehensive,” Bank of America Merrill Lynch said in a recent report that Puerto Rico still has challenges ahead before achieving a full recovery.
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