Puerto Rico Treasury reports $1.6B in 1Q revenue
October 15, 2013
The Puerto Rico Treasury Department disclosed Monday first quarter revenue of $1.69 billion, a figure that represents a year-over-year increase of $88 million, or 5.4 percent, and exceeded budget estimates for this period by $10.4 million, agency chief Melba Acosta said.
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Puerto Rico start-ups to pitch business ideas in NYC
October 15, 2013
Four Puerto Rico start-ups will pitch their businesses and products in New York City today, at the “Startups of Puerto Rico Showcase event” slated to take place in Manhattan.
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Claro Puerto Rico adds 9 new towns to 4G LTE network
October 15, 2013
Wireless carrier Claro announced Monday the inclusion of nine additional Puerto Rican towns into its high-speed 4G LTE network, through which clients can reach transmission speeds of up to 50 megabits per second through their mobile devices.
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Burson-Marsteller marks anniversary with new focus
October 15, 2013
Global public relations and communications firm Burson-Marsteller announced Monday it is taking the opportunity of its 60th anniversary to launch a new global positioning under the title of “Burson-Marsteller, Being More,” an expression of the firm’s ambition to be the leading ideas-driven, results-oriented communications firm in the world alongside its long-standing commitment to evidence-based communications.
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Op-Ed: Puerto Rico’s glaring signal to change course
October 15, 2013
Various publications have recently highlighted Puerto Rico’s economic troubles as reflected in the municipal bond market.
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Open Mobile unveils new kiosks at $400K investment
October 15, 2013
Following an investment of $400,000, wireless carrier Open Mobile Puerto Rico unveiled the addition of 10 new kiosks in malls throughout the island.
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Ricoh exec to speak at SME Puerto Rico’s summit
October 15, 2013
Terrie Campbell, vice president of strategic marketing of Ricoh, a global technology company specializing in office imaging equipment, production print solutions, document management systems and IT services, will offer the keynote speech at the upcoming Puerto Rico Sales and Marketing Executives summit, Oct. 18.
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LMM airport overhaul, from relic to world-class gateway
October 14, 2013
Mexican aviation executive Agustín Arellano wants to transform Puerto Rico’s flagship airport from an obsolete relic of the mid-20th century into a modern world-class gateway — much like he’s done for Cancún and eight other airports throughout southeastern Mexico.
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Banks run special hours for Columbus Day holiday
October 14, 2013
While it will be business-as-usual for the government and most private sector businesses, Puerto Rico banks will offer special hours today in observance of the Columbus Day holiday.
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Cybercrimes represent $104B in corporate losses
October 14, 2013
Cybercrime continues to increase, with 92 percent of Forbes Global 2000 companies reporting data breaches in the last 12 months.
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Puerto Rico chosen as ‘Code for America’ program host
October 14, 2013
After competing against 50 cities, Puerto Rico was recently selected to host the Code for America program, a non-partisan, non-political nonprofit that brings web-industry professionals together with city governments to promote openness, participation, and efficiency in municipal governments.
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Appointments at Pan-American Life, MCS, GUIA, Doral
October 14, 2013
Pan-American Life names new country manager in Puerto Rico, expands offering Pan-American Life Insurance Group, a provider of insurance and financial services throughout the Americas, recently named José Luis Vargas country manager for Puerto Rico. Under his leadership, the company will expand its current health insurance offering to include a portfolio of life insurance and […]
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Puerto Rico hosts Big Break/NFL Golf Channel series
October 14, 2013
Big Break/NFL, a series filmed entirely in Puerto Rico, made its debut last week and will air every Tuesday at 9 p.m. on The Golf Channel, with the sponsorship and support of NBC, the National Football League, the Dorado Beach at Ritz Carlton Reserve and the Tourism Company, agency Executive Director Ingrid Rivera said.
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FirstBank donates building to Humacao for nonprofits
October 14, 2013
Five nonprofits — Casa de la Bondad, Centro de Enseñanza de la Familia, Enactus, JCI (Junior Chamber International) and Proyecto PECES — will benefit from the use of a building that FirstBank recently donated to the town of Humacao through its community reinvestment unit.
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Negotiations underway to sell Condado Duo complex
October 11, 2013
Negotiations for the sale of La Concha and the Vanderbilt hotels in Condado to a leading real estate investment group are reportedly underway and could culminate within the next two months, News Is My Business has learned.
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