Claro launches 150Mbps service to metro area homes
August 27, 2014
Telecommunications provider Claro announced Tuesday the availability of broadband speeds of up to 150 megabits per second to a group of homes in the San Juan metropolitan areas selected to participate in the initial phase of the project.
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Annual Interphex expo slated for Oct. 16-18 in San Juan
August 27, 2014
The International Pharmaceutical Expo’s Life Sciences Innovation Week — an event sponsored annually by the Parenteral Drug Association, focusing on showcasing pharmaceutical and biopharmaceutical innovation, technology and knowledge — is slated to take place Oct. 16-18, 2014 in San Juan, organizers announced Tuesday.
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Gov’t appeals to young entrepreneurs in national summit
August 27, 2014
Economic Development and Commerce Secretary Alberto Bacó-Bagué spoke Tuesday to business leaders and start-ups at the National Black and Latino Council’s Black, Brown and Green Sustainability Summit about Puerto Rico’s entrepreneurial business growth and idea cultivation.
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Popular gets kudos for Internet, social media excellence
August 27, 2014
Global Finance recognized Popular Inc. as one of the “World’s Best Consumer Internet Banks in Latin America” for the fourth time and marking a first, as “Best for Social Media.”
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EVERTEC takes silver in ‘Financial Fitness Challenge’
August 27, 2014
Educated Investor recently awarded transaction processing firm EVERTEC the silver for successfully participating in the Financial Fitness Challenge, an event organized in Puerto Rico by the Office of the Commissioner of Financial Institutions’ Institute for Financial Education in collaboration with the Society for Human Resources Management.
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Doral, gov’t continue talks on tax refund dispute
August 25, 2014
Despite word that court-ordered talks between the government and Doral Financial Corp. had broken down late Friday, representatives from both parties confirmed negotiations are still on the fate of a $229 million tax refund the bank is claiming from the government.
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Luca Center, PRSoft partner to offer software at discount
August 25, 2014
Luca Center and PRSoft have entered into a strategic alliance that provides a 20 percent discount on the 2014 and 2015 versions of software programs PRTax, PRCorp, PRPay, PropTax and PRivu to individuals who sign up for the $299 annual Luca Center membership by Sept. 30.
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P.R. Convention Center lands on list of top 50 expo halls
August 25, 2014
The Puerto Rico Convention Center ranked 26out of 50 on ConventionSouth magazine’s list of “The South’s 101 Largest Expo Halls” for 2015.
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EDB launches online banking tool for commercial clients
August 22, 2014
The Economic Development Bank unveiled Thursday an online banking tool that allows its commercial clients to apply for loans and follow through on their applications, becoming the first financial institution in Puerto Rico to offer this type of service.
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The Mall of San Juan donates 75 laptops
August 22, 2014
The Mall of San Juan, Puerto Rico’s newest shopping and dining destination now under construction, donated 75 laptop computers to neighboring Dr. Cesáreo Rosa Nieves School in a brief ceremony that took place Thursday.
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GM Security Technologies opens $1.8M response center
August 22, 2014
With an investment of $1.8 million and the creation of 17 new jobs, GM Security Technologies recently inaugurated a state of the art Critical Incident Response and Replication Center to monitor, analyze and manage threats and new opportunities for clients.
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Gov’t to deploy broadband in Santurce via unused pipes
August 20, 2014
Two government agencies, the Department of Transportation and Public Works and the Puerto Rico Telecommunications Regulatory Board, signed a collaborative agreement Tuesday to develop new broadband infrastructure that will initially be deployed in San Juan’s Santurce sector.
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Fitch: PREPA reform ‘still probable’ despite forbearance
August 20, 2014
Credit ratings agency Fitch said Tuesday it believes that a restructuring of Puerto Rico Electric Power Authority's debt obligations remains likely, despite the forbearance agreements between PREPA and certain of its creditors (including bondholders) signed on Aug. 14.
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Metropolis offers social-interest housing in Hato Rey
August 20, 2014
Metropolis Apartments, a new, 185-apartment building in the heart of Hato Rey, was officially inaugurated Tuesday to offer social-interest housing opportunities for the next 30 years.
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Science Trust opens RFP for $5M innovation grant cycle
August 19, 2014
The Puerto Rico Science, Technology and Research Trust has earmarked close to $5 million for a grants program focused on proposals presented by scientists and researchers related to the development and research in the fields of natural sciences, biotechnology, aerospace technology, communication, medical innovations, electronics, clean and renewable energies and related sciences, Iván Ríos-Mena, acting executive director of the PRST, said.
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