Delivering again on its commitment to Puerto Rico and veterans, Crowley has transported thousands of holiday wreaths in honor of military members interred at cemeteries for National Wreaths Across America Day. As official sponsor for Wreaths Across America at the Puerto Rico National Cemetery in Bayamon, Crowley provided truck transportation of the wreaths from Maine […]
Wireless carrier T-Mobile Puerto Rico announced the launch of Project 10Million in Puerto Rico, an unprecedented initiative aimed at delivering internet connectivity to thousands of public school students on the island at no cost to them. With a companywide commitment of $10.7 billion, Project 10Million will address the island’s growing need for internet access for […]
The year 2021 will be characterized by a strong dependency of federal funds across a number of industries, as the effects of the blow the COVID-19 pandemic dealt to Puerto Rico’s economy, local firm Abexus Analytics concluded in a study. “This next year will be characterized by a strong dependency of federal funds, not just […]
The Puerto Rico Chamber of Commerce (CofC) will offer new, discounted access to executive education and part-time MBA programs in collaboration with Babson College to promote the entrepreneurial development of the Puerto Rico business community. Babson College is the leading institution for entrepreneurship, preparing and empowering entrepreneurial leaders to navigate change, accommodate ambiguity, surmount complexity, […]
Some 160 countries will celebrate the Christmas festivities once again this year, this time amidst a global pandemic. As with other calamities and situations, the web is always is a haven for cheer and holiday spirit. This is not the first time a virus has dampened the festivities on a worldwide scale for humanity. The […]
In the wake of the severe impact from local measures implemented to control the spread of the COVID-19 pandemic, the Puerto Rico Restaurants Association asked the government to consider and approve the proposal presented in October to create a new assistance or incentives program for the industry using CARES Act funds. “Certainly, the industry is […]
Puerto Rican company Uva, which offers delivery services of food and other consumer products, unveiled its new holiday initiative — “That feeling of receiving” — through which it seeks to make it easy for consumers do their shopping from the UVA mobile app in a variety of stores, mainly in local businesses. “Beyond restaurants, at […]
While most retailers have jumped on the trend of offering customers the ability to buy groceries online and picking them up curbside or in-store, big box retailer Costco Wholesale is still not considering adding that option just yet. During a conference call to discuss its quarterly results, Richard Galanti, executive vice president and CFO for […]
Viatris Inc. — the new company product of the merger between Mylan and Pfizer’s Upjohn manufacturing operations — announced the closure of its plant in Caguas that will happen in phases through December 2022. Some 600 employees will be affected by the corporate decision to eliminate the solid dose manufacturing facility that still carries the Mylan […]
Challenges such as the grim economic scenario affecting Puerto Rican companies, the heavy tax load, high energy costs, government bureaucracy, and the recent closures due to COVID-19 have local entrepreneurs convinced that recovery will not happen soon. A survey conducted by analysis firm Estudios Técnicos Inc. confirmed that 84.7% of the entrepreneurs polled believe that […]
The Puerto Rico Tourism Co. announced that two companies dedicated agricultural production — Cosecha Don Juan and ¡Viva La Cosecha! —have been certified under the agency’s Agrotourism Program. These are, both located in the metro region. With these two certifications, there is a total of 26 companies that currently offer agrotourism experiences for the general […]
“La noticia y yo 2.0 — Hablan los periodistas de la Era Digital” (“The news and I, 2.0 – Journalists of the Digital Age speak”) is the title of the new book in which 50 journalists and two editors narrate how the news in Puerto Rico made the transition from traditional journalism of the last […]
In an effort to show its “continued focus” on small business development and expansion in Puerto Rico, the National Puerto Rican Chamber of Commerce has partnered with the United Retailers Association (CUD in Spanish) to organically grow its local footprint, executives said. “The NPR Chamber is very excited about its partnership with the CUD,” said […]
Puerto Rico’s banking sector, which is likely the most impactful sector of the economy, could use greater collaboration from the government to boost individual and commercial services, while reducing expenses for the public sector. Furthermore, the government could also move quicker toward stimulating the use of local banks to manage its liquidity and urge the […]
The Federal Emergency Management Agency approved a $5.6 million injection of funds to the Puerto Rico Health Department to repair health facilities throughout the island. The improvement plans range from diagnostic and treatment centers to laboratories and public health units in six municipalities. This amount, approved this year, adds to the total of about $8 […]
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