Puerto Rico-based business intelligence firm Abexus Analytics has developed and made freely available the Abexus Mobility Insights tool, which tracks cellphone data using Google Mobility’s database and could help the government establish public policy related to the COVID-19 pandemic. The tool follows how island residents move across all 78 towns and has already produced multiple […]
Institutional fraud takes a $2.4 billion bite out of Puerto Rico’s economy, representing at least 3.5% of gross revenue, according to the “Portrait of Fraud in Puerto Rico 2020” study revealed by the Puerto Rico Society of CPAs. “The term occupational fraud can be defined as those acts committed by employees with the objective of […]
Puerto Rico’s agricultural industry is preparing to receive more than $2.6 million from the Federal Emergency Management Agency and the Central Office of Recovery, Reconstruction and Resilience of Puerto Rico, or COR3, to continue recovery after Hurricane María. The sector lost 40% of its infrastructure following the 2017 storm. Among the obligations is $1.4 million to repair the […]