Software giant Microsoft on Thursday announced it has certified locally-owned telecommunications provider WorldNet to offer the “Skype for Business” product, which extends to organizations and government entities a complete unified communications solution, combined with the security, expertise, and support that businesses require.
Puerto Rico Gov. Alejandro García-Padilla introduced Wednesday the measure paving the way for a $9.8 billion General Fund budget, and a $28.8 billion consolidated budget for Fiscal 2016.
Microsoft senior executives and government officials gathered Wednesday to celebrate the software giant’s 25th anniversary in Puerto Rico, a history marked by innovation and collaboration to accelerate the growth of the local IT industry and advance socio-economic development.
Puerto Rico’s nonprofit organizations have a positive economic impact on the island, producing 150,410 jobs — or 16 percent of all local employment — and some $2.2 billion in wages, according to a study presented Wednesday by the Foundations Network.
A year ago, as Puerto Rico welcomed the signing of the Energy Transformation and Relief Act of Puerto Rico (Act 57-2014), I shared my sentiment of great enthusiasm with friends, by quoting the extraordinary anthem of the Beatles 1968 “Revolution.”
The Insurance Institute for Highway Safety awarded the 2015 Nissan Murano a “Top Safety Pick Plus” vehicle safety rating, which is the group’s highest available ranking.
The Public Corporation for the Supervision of Puerto Rico Cooperatives, or COSSEC as the entity is known in Spanish, said Tuesday that the island’s credit unions approved some $1.3 billion in mortgage and mortgage-related loans during the first quarter of 2015, for a combined portfolio of 18,385 financing agreements.
Puma Energy, the globally integrated midstream and downstream energy company, announced Monday it has signed a purchase agreement with BP to buy its local aviation business in Puerto Rico.
Puerto Rico managed care provider Triple-S Management Corp. announced Monday the retirement of Ramón Ruiz-Comas, its president and chief executive officer, effective Jan. 1, 2016.
Puerto Rico Premium Outlets in Barceloneta is adding several new retailers to its tenant mix in coming months, including new market arrival Forever 21 Red, the clothing company’s lower-priced sister.
High-ranking executives from AIAC, better known as the American Industrial Acquisition Company, arrived to Puerto Rico on Monday to make the company’s official debut in the island’s pharmaceutical industry, following its acquisition of the former Merck plant in Arecibo earlier this year.
Puerto Rican McDonald’s operators have joined a petition by the Service Employees International Union submitted to the Federal Trade Commission Monday to launch an investigation into the franchise sector and issue recommendations for curbing ”abusive and predatory” practices by franchisors in the $800 billion industry.
A year after the arrival of Olive Garden in Puerto Rico, Restaurant Operators Inc. announced Monday the company will open its second restaurant on the island, in Guaynabo’s San Patricio Plaza sector, June 15th.
The U.S. Small Business Administration honored this year’s top achievers — bestowing awards in Puerto Rico and the U.S. Virgin Islands to recognize the enormous contributions small businesses make to the economies of both islands.
The Government Development Bank for Puerto Rico released its most recent liquidity statement late last week, showing a balance of $1.02 billion net as of April 30, representing a drop from the $1.11 billion the agency reported for the prior month.
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