Lucky Brand closing only store in Puerto Rico at The Mall of San Juan
July 7, 2020
Lucky Brand Dungarees, LLC, retail parent company of Lucky Brand, confirmed it will close the only store it has in Puerto Rico, at The Mall of San Juan, upon filing for voluntary Chapter 11, to pursue a sale of the company. The Los Angeles based designer and retailer of denim and apparel also announced it has entered […]
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V2A Consulting hosts distance college summer internship program
July 7, 2020
V2A Consulting, a strategic consulting and operational management firm with more than 15 years of experience advising organizations from various sectors, announced the start of a new distance summer internship program for college students. The program, called “WeServe Fellows,” is a virtual summer internship developed by V2A during which 30 young university students will be […]
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Puerto Rico’s next back-to-school tax holiday slated for July 31-Aug. 1
July 7, 2020
The next back-to-school tax-free holiday is slated for July 21 to Aug. 1, The Puerto Rico Treasury Department announced in a circular letter published on its website. That is the first of two such events scheduled for Fiscal 2021, when specific items will be exempt from the island’s 11.5% sales tax. Another tax-free holiday is […]
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Ana G. Méndez Carolina campus adds 2 new tourism education programs
July 6, 2020
The Ana G. Méndez University System’s Carolina campus will add two new programs to its tourism bachelor’s degree programs focusing on sustainable practices. The new programs recently approved by the Board of Postsecondary Institutions (formerly the Puerto Rico Board of Education) are the Associate Degree of Science in Management of Sustainable Tourism Companies and the […]
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L’Oréal unveils new global sustainability program
July 6, 2020
L’Oréal has launched its new global sustainability program, “L’Oréal for The Future,” which outlines a new set of goals for 2030 that will transform the way it does business and addresses critical environmental and societal issues. The program lays out specific actions and measurable objectives that will further accelerate the company’s transformation to respect the planet’s […]
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SME hosts webinar on challenges for employers, workforce in COVID-19 scenario
July 6, 2020
Beyond the drastic change that a collective migration to remote work represented after the arrival of COVID-19, new challenges are arising for employers and employees, the Puerto Rico Sales and Marketing Executives Association (SME, in Spanish) stated. To offer guides that facilitate the adaptation process of both parties, Ignacio Casillas, regional director of ManpowerGroup Caribe […]
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FEMA OK’s $579K to repair Puerto Rico’s historic town squares
July 3, 2020
The Federal Emergency Management Agency comfirmed a funding obligation of some $579,000 for repairs to public town squares in 13 municipalities throughout the island. “Town squares are historic places and landmarks of the Puerto Rican culture. Being part of the repair of these spaces is what drives us to continue with our recovery efforts,” said […]
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Evertec launches new ATH Movil contactless payment solution
July 3, 2020
Evertec Inc. announced the launch of its new ATH Movil solution that allows consumers to make payments by scanning QR codes at participating Evertec retailers, without having the card on hand. This new feature will allow the more than 1.5 million ATH Movil users to make payments at participating locations, in “an easy, secure, and […]
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Puerto Rico Ports Authority starts $7.4M Mayagüez airport runway upgrade
July 3, 2020
The Puerto Rico Ports Authority announced the start of some $7.4 million in runway pavement improvements at the Eugenio María de Hostos regional airport in Mayagüez. Ports Authority Executive Director Joel A. Pizá-Batiz said the agency maintains a pavement inspection program at all airports under its jurisdiction, according to standards established by the Federal Aviation […]
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Puerto Rico’s manufacturing PMI increased to 50.4 in May
July 3, 2020
The Purchasing Managers Index (PMI) for Puerto Rico’s manufacturing sector increased to 50.4 in May, indicating an expansion in the manufacturing sector with respect to the previous month. The PRM-PMI is the result of a collaborative project between the Puerto Rico Manufacturers Association and the Puerto Rico Institute of Statistics. The index measures short-run business […]
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Puerto Rico Chamber of Commerce proposes COVID-19 contact tracing guides
July 3, 2020
The Puerto Rico Chamber of Commerce has presented a proposal that lays out recommendations to implement “effective and efficient” COVID-19 contact tracking methods that would replace the manual efforts the island’s government has performed so far. To achieve that, the CofC headed the creation of an advisory group of experts in the areas of health, […]
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Nat’l Science Foundation grants $925K to Impactivo for e-learning tech
July 3, 2020
The National Science Foundation has granted $925,000 in grant funding to Puerto Rican company Impactivo, LLC, through its Small Business Innovation Research program. It is the only grant of its kind the NSF awarded for digital health in Puerto Rico. The company has received funding to develop technology that improves chronic disease management and teamwork […]
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T-Mobile completes divestiture of Boost Mobile to DISH Network
July 3, 2020
T-Mobile announced it has completed the divestiture of Sprint’s prepaid wireless business, Boost Mobile, to DISH Network Corp. The divestiture fulfills a commitment that T-Mobile and Sprint made to the U.S. Department of Justice and to the Federal Communications Commission as part of their merger process. The FCC conditioned its 2019 approval of T-Mobile’s acquisition […]
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Andersen Global partners with BDO to expand to the Caribbean
July 3, 2020
Andersen Global announced it entered into a collaboration agreement with full-service tax firm BDO Tax LLC, to mark its debut in the Caribbean region. Founded in 2000, BDO Tax LLC is led by Managing Partner Gaby Hernández and supported by more than 140 professionals. It provides an array of tax and business advisory services to […]
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Puerto Rico Tourism Co. predicts 37,800 locals will stay at hotels on 4th of July weekend
July 2, 2020
Two days before the 4th of July weekend and a month after the launch of the “Check In Por Tu Isla” marketing initiative, the Puerto Rico Tourism Co. revealed that occupancy rates during the 4-day weekend are expected to reach 46.9% with some 37,884 local residents planning to stay at an agency-endorsed hotel or small […]
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