‘Practical Techie:’ The .io domain is a trend in the business world
October 27, 2020
Many haven’t noticed it, but more and more business websites are now attached to the .io domain. This top country domain is about the British Indian Ocean Territory. It is administered by the Internet Computer Bureau, a domain name registry company based in the United Kingdom, But, recent years have seen it become synonymous with start-up firms […]
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UPR-Mayagüez Campus School of Engineering gets $130K donation from Chevron
October 27, 2020
The University of Puerto Rico’s School of Engineering at the Mayagüez Campus (RUM, in Spanish) received a $130,000 donation from the Chevron company, which will be used to renovate laboratories, acquire equipment and invest in the needed infrastructure to develop innovation, school officials said. This is the second consecutive year that the company has granted […]
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Oriental CEO: Puerto Rico seeing ‘beginnings of an economic rebound’
October 26, 2020
Puerto Rico is starting to see the “beginnings of an economic rebound,” as the effects of the influx of federal economic aid and the possibility of the return of pharmaceutical companies are putting the island in a better position heading forward. That optimism is there for José Rafael Fernández, CEO of OFG Bancorp, the financial […]
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Liberty gets go-ahead to buy AT&T’s assets, but must divest some B2B operations
October 26, 2020
The U.S. Department of Justice gave its consent to Liberty Latin America’s acquisition of AT&T’s wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands but required Liberty to sell off certain B2B operations that are part of their footprint in Puerto Rico. Liberty Latin America expects a preliminary court order in the […]
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Pall Life Sciences invests $4.5M in electric and thermal energy cogeneration system
October 26, 2020
Pall Life Sciences Puerto Rico LLC, a subsidiary of Danaher Corporation, announced a $4.5 million investment in a new electric and thermal energy cogeneration system at its plant in Fajardo, which has been in operation for 45 years. “Pall Life Sciences Puerto Rico LLC, reaffirms its commitment to invest in the island with a system […]
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Op-Ed: Is your business ready to face a crisis?
October 26, 2020
It’s a fact, your business will face a crisis that can put at risk its reputation and, most importantly, its profits or even the operation at large. It’s just a matter of time for vulnerabilities to be exposed. Why wait until the crisis arises to react? Why expect positive outcomes, when the top management has failed […]
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Study: 82% of people believe robots can support their mental health better than humans
October 26, 2020
The COVID-19 pandemic has created the most stressful year in history and negatively affected the mental health of 78% of the global workforce, according to a study from Oracle and Workplace Intelligence, a research and development, human resources consulting firm. The study of more than 12,000 employees, managers, human resources leaders and C-level executives in […]
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FEMA allocates $15M to repair athletic facilities in Puerto Rico
October 23, 2020
Puerto Rico’s most iconic sporting venues will soon begin to undergo structural repairs through a $15 million allocation from the Federal Emergency Management Agency, the agency announced. The Roberto Clemente Coliseum, Sixto Escobar Park, the Pedrín Zorrilla Coliseum, the San Juan Natatorium, the Baldrich Club tennis courts and the Dr. José Celso Barbosa Park will […]
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Construction starts on $2.5M Douglas Highway Hotel in Cabo Rojo
October 23, 2020
Local entrepreneurs Douglas Ojeda and Glorymar Ortiz broke ground on what will be the $2.5 million Douglas Highway Hotel in Cabo Rojo, a 38-room property that will generate 70 direct and indirect jobs. On hand for the start of construction was Puerto Rico Tourism Co. Executive Director Carla Campos, who said “it’s encouraging and a […]
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SBA urges Puerto Rico businesses, residents to apply for disaster loans by Nov. 9
October 23, 2020
The U.S. Small Business Administration is encouraging Puerto Rico businesses and residents affected by Tropical Storm Isaias in July 2020 to submit their loan application for physical damages by Nov. 9, even if they have not settled with their insurance company. “Waiting to file an SBA application could cause unnecessary delays in receiving disaster assistance, […]
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MCS invests $350K to expand Carolina offices
October 23, 2020
Medical Card System announced an investment of close to $350,000 to expand and renovate its customer service center in Carolina, adding about 50 direct jobs and providing access to healthcare services for insureds of the municipality, and neighboring towns. “At this historic moment, MCS is working hard to deliver all the services our insureds need, […]
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Bloomberg Philanthropies, Flamboyán Arts Fund launch training program in Puerto Rico
October 22, 2020
Bloomberg Philanthropies and the Flamboyán Arts Fund announced their collaboration on the Arts Innovation and Management Puerto Rico program to provide 10 Puerto Rico-based nonprofit organizations with bilingual arts management training and tailored consulting services for fundraising, strategic planning, and digital marketing. The Flamboyán Arts Fund is a partnership between Flamboyán Foundation, composer Lin-Manuel Miranda, […]
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Puerto Rico gov’t earmarks $400M to expand broadband to unserved areas
October 22, 2020
The Fiscal Agency and Financial Advisory Authority, or AAFAF, released a Request for Proposals to select an administrator for what it is calling the Broadband Infrastructure Fund, to expand the service into Puerto Rico’s rural areas. The government will allocate $400 million during Fiscal 2021 to support expansion efforts in unserved and underserved areas and […]
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Public, private colleges unveil ‘Proposal for a New Puerto Rico 2030’
October 22, 2020
The Association of Private Colleges and Universities (ACUP, in Spanish), together with the University of Puerto Rico, unveiled the schematic model of a “Proposal for a New Puerto Rico 2030,” as part of a collaborative initiative aimed at promoting an evolution in the areas of education, social development, economic development, and infrastructure. “The education sector […]
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Puerto Rico Ports Authority joins Airports Council International
October 22, 2020
The Puerto Rico Ports Authority has joined the Airports Council International, an organization that represents airport authorities worldwide. Established in 1991 and with 1,960 airports in 176 countries, ACI represents the interests of airports with governments and international organizations, develops standards, policies and recommended practices for airports, and provides information and training opportunities to raise […]
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