Barbados enjoys record-breaking tourism season
April 6, 2016
This November, Barbados will mark its 50th anniversary of independence. But the 166-square-mile island long known as “Little England” has more than that to celebrate.
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Ag-Biotech Industry, UPR partner to benefit agronomists
April 6, 2016
As Puerto Rico finds itself in the midst of furthering its role in the knowledge economy on a large scale, the Puerto Rico Agricultural Biotechnology Industry Association (PRABIA) and the Mayagüez campus of the University of Puerto Rico signed Tuesday a collaboration agreement that will benefit the agronomists that graduate each year.
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Bondholders sue GDB to stop ‘preferential transfers’
April 5, 2016
A group of holders of outstanding bonds of the Government Development Bank for Puerto Rico filed a complaint in the U.S. District Court for the District of Puerto Rico Monday seeking to enjoin certain transfers of assets by GDB they claim are prohibited under Puerto Rico law.
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3rd edition of I-Corps P.R. kicks off at UPR-Mayagüez
April 5, 2016
With 16 participating teams of innovators and entrepreneurs, the third edition of I-Corps Puerto Rico program kicked off this past weekend at the University of Puerto Rico’s Mayagüez campus.
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Liberty rebrands Choice’s operations to blanket island
April 5, 2016
Nine months after Liberty Puerto Rico picked up the assets of Choice Cable TV, the telecommunications company announced that effective today, both companies will operate as Liberty islandwide.
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Bahamas slowly recovers from Baha Mar fiasco
April 5, 2016
The Bahamas is still trying to get back on its feet ever since last year’s Baha Mar scandal, in which a $3.5 billion mega-resort on Nassau’s Cable Beach largely financed by China’s Export-Import Bank shut its doors and declare bankruptcy even before opening.
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USDA opens call for $5.8M in grants for rural co-op’s
April 5, 2016
Agricultural Under Secretary Lisa Mensah announced Monday that $5.8 million nationwide in competitive funding is available to help start, improve or expand cooperative businesses in rural areas.
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Bi-partisan lawmakers demand transparency from GDB
April 4, 2016
Following Sunday’s confirmation that Puerto Rico Treasury Secretary Juan Zaragoza had stepped down from his post at the Government Development Bank’s board of directors, to “avoid a conflict of interest,” a group of bi-partisan lawmakers demanded transparency from the troubled public agency.
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P.R.’s agriculture sector bright spot in local economy
April 4, 2016
Mired in recession and awaiting a fix for its huge debt crisis, Puerto Rico has one bright spot in the local economy: Agriculture.
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Op-Ed: Knowing the risks of pesticide poisonings
April 4, 2016
One year ago, a family on vacation on St. John in the U.S. Virgin Islands was poisoned by methyl bromide, a harmful pesticide that was illegally applied below their rental condo.
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Cuba, Zika pose challenges to Caribbean tourism efforts
April 4, 2016
The two biggest threats facing Caribbean tourism today are four-letter words: Cuba and Zika. Both unnerve officials throughout the region, for very different reasons.
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JinkoSolar supplies modules for P.R.’s largest solar plant
April 4, 2016
JinkoSolar Holding Co., Ltd., a global player in the solar photovoltaic industry, announced that it will supply METKA-EGN USA, LLC with 57.65 MW of PV solar modules for the largest facility of its kind in Puerto Rico.
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FCC expands subsidy program to cover broadband
April 1, 2016
In a 3-2 vote, the Federal Communications Commission on Thursday decided to expand its Lifeline Universal Service Program, which currently subsidizes voice telephone service for low-income households, to allow those households to use the program to lower the cost of broadband service.
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Report: P.R. bankruptcy cases up 13% YOY in Feb.
April 1, 2016
Puerto Rico’s bankruptcy filings were up 13 percent in February, when 930 cases were submitted to the court, versus the same month in 2015, according to numbers released Thursday by research company Boletín de Puerto Rico.
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Puerto Rico Property Registry now 100% electronic
April 1, 2016
Puerto Rico’s historically outdated Property Registry has been thrust into the 21st century through a $6.9 million modernization project that converted the government’s database from paper to fully electronic and available 24/7, Justice Secretary César Miranda announced Thursday.
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