At a cost of $2 million, the Guayama municipal government began distributing Tuesday 10,000 Indipad-branded tablet computers to establish digital interaction between citizens, the government and the private sector, town officials said during an event attended by First Lady Lucé Vela, among others.
Assume for a moment that a company has just recruited you, after being thoroughly evaluated by its directors and after having competed with dozens of candidates aspiring for the same position as you.
I believe we’ve wasted our time trying to classify the unclassifiable. At least in this island. The government sector tries to establish margins, limits and a string of definitions on a sector that does not necessarily look like, or identify with, those efforts.
The Federal Aviation Administration will hold on Sept. 28 what will likely be the only public hearing on the proposed public-private partnership through which the government of Puerto Rico would turn the management of the Luis Muñoz Marín International Airport over to Aerostar Holdings, News is my Business learned.
Private and post-secondary institutions represent an important economic and social mobility tool in Puerto Rico’s economy, according to the findings of a study conducted by the Estudios Técnicos research firm.
Those were the words used by the youngsters of Barrio Aguirre in the municipality of Salinas to describe their community.
The electric-powered Nissan Leaf will make its debut in the Puerto Rico market in January, paving the way for more environmentally friendly vehicles on local roads.
Standard & Poor's Ratings Services has revised its outlook for the Puerto Rico government’s general obligation (GO) and appropriation debt ratings to negative from stable.
It is the general belief that it is bad for a government to have a deficit or be shoulder-deep in debt. However, while it is “perfectly legitimate” for public administrations to have shortfalls and finance them with debt, what is dangerous is when the practice leads to unsustainability.
The Puerto Rico Electric Power Authority concluded its two-day bond issue Wednesday, selling $650 million in bonds, about 36 percent more than the original $475 million the government was looking to raise.
Net General Fund revenue totaled $776 million in December, representing an increase of $210 million when compared to the same month in 2010. The hike was attributed to a surge in motor vehicle excise tax collections, which Treasury Secretary Jesús Méndez said reflected the highest year-over-year percentage growth.
The austerity measures put in place over the past two years have reduced Puerto Rico’s deficit and spurred economic growth, Gov. Luis Fortuño and his Economic Development and Commerce chief said in separate speeches offered on Wednesday’s session of the National Leutenant Governors Association convention taking place in San Juan.
The Gov. Luis Fortuño administration announced Monday its decision to turn over the management and upkeep of two island highways, PR-22 and PR-5, to the consortium of Goldman Sachs and Abertis, through a 40-year contract worth more than $1.4 billion.
The “eyes and ears” of the island’s small business community in Washington D.C., Teresa Coaxum, spent last week in Puerto Rico looking to bridge the disconnect between the local public and private sector and the federal benefits and information they may be missing out on for a lack of awareness or access.
The benefits of being able to access work, entertainment and other digital content anywhere, anytime and on any device — the philosophy behind cloud computing — are already rippling through Puerto Rico’s consumer and business community.
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