EVERTEC Inc. announced Thursday it has priced its shares at $20 for an initial public offering through which it could raise about $500 million for up to 25.2 million shares.
Last weekend, Puerto Rico became the mecca for some 7,000 food enthusiasts who descended upon a beachfront bluff at Escambrón beach to savor the best dishes and drinks from the island’s culinary elite who gathered for Saborea de Puerto Rico.
Small businesses rebuilding in the aftermath of Hurricane Sandy will get both immediate and long-term help laying a foundation for economic recovery and resiliency thanks to expanded services funded by a $19 million emergency appropriation.
The Puerto Rico Convention Center grounds in Miramar will set the stage for a giant gathering of barbecues and grills during the 6th Annual Cattlemen’s Caribbean BBQ Competition & Outdoor Festival, to be held July 13-14.
Building on its commitment to improve its customers’ digital experience, Liberty Puerto Rico announced Wednesday it will extend its 20Mbps download/2Mbps upload Internet service to all OneLink Communications residential customers.
With just over 10 million people, the Dominican Republic is the second-largest Caribbean nation after Cuba. But the D.R. is clear and away the regional leader when it comes to tourism. In 2012, more than 4.56 million tourists visited the country by air, a 5.9 percent increase over the year before. Of the total, just under 639,000 were non-resident Dominicans abroad.
A rare event took place Wednesday when five cruise ships with more than 15,000 passengers aboard docked at the Port of San Juan, said Ports Authority Executive Director Víctor Suárez.
In anticipation of iPhone 5’s arrival, T-Mobile Puerto Rico will open its stores early, at 7 a.m., this Friday to begin selling the device that has been available to customers through pre-orders since last week.
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.
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.
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.
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.
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.”
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.
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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