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Telecom Digicel relaunches mobile money product in Haiti
Issued: August 18, 2015
PORT-AU-PRINCE, Haiti — A telecommunications company has relaunched a money-transfer system in Haiti that lets people get easier access to cash...
National Science Foundation awards UPR-Humacao $3M
Issued: August 18, 2015
The National Science Foundation (NSF) is awarding a $3 million grant to the University of Puerto Rico at Humacao. ...
US Virgin Islands ex-governor held on embezzlement charges
Issued: August 18, 2015
KINGSTON, Jamaica — A former governor of the U.S. Virgin Islands and an ex-finance director in the U.S. Caribbean territory were arrested on charges...
Moody's: No rating changes on CMBS following Puerto Rican default
Issued: August 18, 2015
Commercial mortgage-backed securities (CMBS) backed by Puerto Rican commercial property loans will continue to perform in line with its expectations,...
2nd in series of world’s 1st natural gas powered containerships to be launched
Issued: August 18, 2015
An event to christen and launch the second ship in a series of the world’s first liquefied natural gas (LNG) powered containerships built by General...
House speaker meets with U.S. Commerce, other officials
Issued: August 18, 2015
The president of the Puerto Rico House of Representatives, Jaime Perelló Borrás, met Tuesday with U.S. Assistant Secretary of Commerce for Economic...
S&P places Prasa 'CCC-' debt rating on 'CreditWatch Negative' on possible restructuring
Issued: August 18, 2015
Standard & Poor's Ratings Services assigned its 'CCC-' rating to Puerto Rico Aqueduct & Sewer Authority's (Prasa) series 2015A...
Google heads down new path with 'OnHub' wireless router
Issued: August 18, 2015
SAN FRANCISCO — Google is making a Wi-Fi router as part of its ambition to provide better Internet connections that make it easier for people to...
Teens' e-cigarette use linked with later smoking
Issued: August 18, 2015
CHICAGO -- Teens who use e-cigarettes are more likely than others to later smoke conventional cigarettes and other tobacco products, a study at 10 Los...
New Economic Development deputy secretary appointed
Issued: August 18, 2015
Economic Development Secretary (DDEC by its Spanish acronym), Alberto Bacó Bagué announced Tuesday the appointment of Juan Carlos Suárez Izquierdo as...
Labor Department: Puerto Rico Coffee Roasters owes nearly $68K in back wages
Issued: August 18, 2015
Investigations by the U.S. Department of Labor’s Wage and Hour Division found that Puerto Rico Coffee Roasters LLC, which has a 75 percent share of...
Measure filed to expand use of debit, credit cards to all businesses
Issued: August 18, 2015
Popular Democratic Party (PDP) Sen. Luis Daniel Rivera Filomeno announced Tuesday the filing of Senate Bill 1447, which if signed into law would...
Ikea recalls 442,000 nightlights over shock risk
Issued: August 18, 2015
Swedish retailer Ikea is recalling around 442,000 nightlights because of the cover of the light can detach, creating a risk of electrical shock. ...
Treasury announces equal tax treatment for same-sex marriages
Issued: August 18, 2015
The secretary of the Treasury, Juan Zaragoza Gómez, stated Tuesday that, effective immediately, for the income tax return of individuals corresponding...
Fitch: Puerto Rico's stabilizing prices may lure high-yield CEFs
Issued: August 18, 2015
Fitch Ratings expects some high-yield U.S. municipal closed-end funds (CEFs) to consider participating in the recently announced $750 million offering...
Tropical depression expected to develop Tuesday in mid-Atlantic
Issued: August 18, 2015
The National Hurricane Center stated Tuesday that, as of 8 a.m., “thunderstorm activity associated with an area of low pressure located several...
Confirmed: Google’s Project Ara to no longer be tested in Puerto Rico
Issued: August 18, 2015
Google Inc. still has plans to launch a Lego-like smartphone, but no longer in Puerto Rico. ...
Ambient Water identifies opportunity in Puerto Rico due to widespread water shortage
Issued: August 18, 2015
Ambient Water, a provider of atmospheric water generation systems for extracting water from humidity in the air, on Tuesday addressed what it...
Google expands low-cost phone program in 6 African countries
Issued: August 18, 2015
MOUNTAIN VIEW, Calif. -- Google is introducing a low-priced smartphone in six African countries where most people still can't afford an...
GDB liquidity at $1B; gov’t needs at least $400M more to operate beyond November
Issued: August 18, 2015
Liquidity at the Government Development Bank (GDB) “has improved” and is currently at “about $1 billion,” La Fortaleza Chief of Staff Víctor Suárez...
Energy Answers to continue with waste-to-energy proposal
Issued: August 17, 2015
Energy Answers announced Monday it will move forward with its proposed resource-recovery and waste-to-energy facility in Arecibo, for which it will...
García Padilla meets with SBA director
Issued: August 17, 2015
Gov. Alejandro García Padilla met with the administrator of the U.S. Small Business Administration (SBA), Maria Contreras-Sweet, Monday in La...
Associated General Contractors to hold expo, construction convention
Issued: August 17, 2015
The Associated General Contractors of America Puerto Rico Chapter (AGC) announced Monday that its Annual Convention and Expo Construcción 2015 will be...
Bhatia meets with U.S. Economic Development assistant secretary
Issued: August 17, 2015
Puerto Rico Senate President Eduardo Bhatia met on Monday with Jay Williams, U.S. assistant secretary of Commerce for Economic Development, with whom...
With Rosey Roads now a HUBZone, SBA announces funding to spur economic activity
Issued: August 17, 2015
Maria Contreras-Sweet, the head of the U.S. Small Business Administration (SBA), announced Monday that the former Roosevelt Roads Naval Station has...


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