Puerto Rico’s “visitor economy” may represent a greater economic impact than tourism statistics alone suggest, so there is a need to design a measuring mechanism to produce a “sustainable, growing cluster of industries that drive further development and growth.”
A decision by the Federal Emergency Management Agency to provide a $238 million grant for permanent repairs to the U.S. Virgin Islands Water and Power Authority is “credit positive” for the authority, Moody’s Investors Service said in a new report.
OutBack Power Technologies, Inc., a distributor of battery based renewable energy systems, announced that its Energy Express mobile training van will be embarking on a two-week tour of Puerto Rico, May 7-18.
In shelving its review of the economic viability of a proposed natural gas import complex off the south coast of the island, the Puerto Rico Energy Commission last week took a policy step in the right direction.
Puerto Rico Restaurant Week will return for its 7th edition, June 1-10, giving foodies the opportunity to visit restaurants of their choice and taste a variety of menus at fixed and affordable prices.
The USDA is accepting applications for grants to use broadband e-Connectivity to improve access to health care and educational services in rural communities.
Startup company WeClub, a platform that allows companies to connect with their customers in a simple and effective way, will debut in Puerto Rico next week, as part of Small Business Month.
Puerto Rico Premium Outlets announced that at least 12 additional retailers, including Ann Taylor, Nike, and Michael Kors will be opening their doors in the coming months.
EVERTEC Inc. announced results for the first quarter ended March 31, 2018, including net income attributable to common shareholders of $23 million, or $0.31 per diluted share flat, when compared with the prior year.
The Puerto Rico Information Technology Cluster (PRITC) will host its 5th annual “CIO & IT Leadership Conference” on May 11.
Puerto Rico start-up company Akcelita Innovation Labs was presented with a bronze award for their product “Artificial Sensing-Retail Banking Application”
The Billions in Change Foundation has launched Energize-Mobilize: Puerto Rico, a campaign to bring mobile electricity to Puerto Rico through both cash contributions and in-kind donations of portable energy devices.
Puerto Rico Trade and Export has launched the first Creative Industries Accelerator program, which seeks to help this sector showing a capacity to export their services.
New businesses Primevet, Dismart, NTSPR and Puerto Rico ASC Holdings signed, along with Mayor William E. Miranda-Torres, Socio-Economic Incentives Code decrees representing a committed investment of $3.6 million in the traditional urban center and $5.4 million in other areas of the city.
Puerto del Rey recently debuted its Dock Center, a new amenity that offers a range of services to its customer’s right on the main dock.
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