Santander Puerto Rico unveils mobile banking services
April 24, 2012
Banco Santander Puerto Rico announced Monday the availability of its new mobile banking service to offer a host of features to smartphones customers with Internet access.
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Walmart to buy all UHT milk from Indulac, spurring $2.5M in sales
April 24, 2012
In keeping with its commitment to support local industry, Walmart Puerto Rico announced Monday an agreement whereby it will buy 100 percent of the Ultra High Temperature milk it sells on the island from Industrias Lecheras de Puerto Rico.
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Broadband service providers take Internet Protocol IPv6 training
April 24, 2012
Puerto Rico’s main broadband providers recently took part in the “IPv6 Workshop for Broadband Providers to begin preparing for the island’s transition to IPv6 — the next generation Internet Protocol.
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Local restaurant operator investing $20M to open 8 Olive Garden eateries in P.R.
April 23, 2012
Local franchisee Restaurant Operators Inc. announced Monday it has entered into an agreement with Darden Restaurants Inc. to develop and operate eight Olive Garden restaurants and a minimum of three additional LongHorn restaurants in Puerto Rico over the next seven years.
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Study confirms Boys & Girls Clubs’ strong economic, social impact
April 23, 2012
For each dollar invested in young participants of Boys & Girls Clubs of Puerto Rico’s programs, the island receives $2.86 in economic benefits, or a 186 percent return on investment, the nonprofit organization revealed recently after completing its first Social and Economic Impact Study for Puerto Rico.
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More fires in ’11, but fewer losses for P.R.
April 23, 2012
More fires were reported in Puerto Rico last year than in 2010 but they spelled out lower financial losses, according to Puerto Rico Fire Department statistics.
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Neptuno Networks moves into new $3M HQs
April 23, 2012
Wireless telecommunications service and broadband provider Neptuno Networks recently moved its headquarters into a new 24,000 square-foot building in Metro Office Park in Guaynabo, following a $3 million investment, company president Pedro Andrés said.
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Planning Board projects economy will grow by 0.9% in Fiscal ’12
April 20, 2012
Fueled by a recovering stateside economy and a string of renewable energy construction projects, Planning Board President Rubén Flores-Marzán said Thursday the island’s economy is improving at “a greater rate than expected,” projecting a 0.9 percent growth for Fiscal '12 that ends June 30.
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T-Mobile pumping $35M into islandwide network
April 20, 2012
T-Mobile Puerto Rico will be investing $35 million in a series of projects to strengthen its islandwide network, including expanding the capacity of its 4G HSPA+ network, upgrading cell sites and begin construction on its next-generation Long Term Evolution infrastructure, General Manager Jorge Martel said Thursday.
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Open Mobile switches on LTE network
April 20, 2012
On Thursday, Open Mobile, the island’s only no-contract provider, announced it had flipped the switch on its LTE network, which is initially available in the San Juan metropolitan area.
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Energy Affairs Administration to host ‘green’ energy industry forum
April 20, 2012
The Puerto Rico Energy Affairs Administration will host the “Green Energy Business Conference” at the University of Puerto Rico Aguadilla campus Apr. 27, the agency announced Thursday.
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15 industrial development projects worth $248.3M in pipeline
April 19, 2012
Fifteen companies made the commitment last month to invest $248.3 million in machinery and equipment, and create 1,369 jobs in the next 18 to 36 months, Economic Development and Commerce Secretary José Pérez-Riera said Wednesday.
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Firm emerges to defend consumers facing foreclosure
April 19, 2012
Given the unstoppable wave of foreclosures in Puerto Rico, where some 8,000 properties have been repossessed in recent years, homeowners have a pressing need for legal representation to avoid losing their dwellings.
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Cabo Rojo’s Combate Beach joins Tourism Company’s ‘paradores’ program
April 19, 2012
The 18-room oceanfront Combate Beach Resort in Cabo Rojo officially joined the list of Tourism Company-endorsed “paradores,” Wednesday, taking on a new identity as part of the inclusion.
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GDB lifts restriction on public data
April 18, 2012
In an apparent response to public pressure, the Government Development Bank on Wednesday eliminated the restriction on the information it shared with the public on its website.
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