At a time when the world has been dealing with multiple crisis situations — environmental, economic, health related — it is imperative that businesses and companies are adequately prepared to face obstacles and continue to operate in times of difficult challenges. To do this, the multinational technology company Oracle has designed a two-hour event aimed […]
After an eight-week open call and a comprehensive evaluation process, parallel18 has announced that 42 Puerto Rican startups will participate in the third installment of its pre-acceleration program, pre18, starting Nov. 9th. The business curriculum operates under parallel18’s wing, an international startup entity that supports innovating ventures by helping them grow through two main programs: P18, a global […]
Foundation for Puerto Rico announced plans to hold the first two virtual meetings of the Destination Plan for the regions of Luquillo-Fajardo and Ceiba-Naguabo. These sessions are aimed at community members from the municipalities, as well as nonprofit and/or community organizations and municipal governments, among others, FPR said. The meetings seek to include all community […]
Marella Cruises — formerly Thomson Cruises — a British cruise line operated by TUI UK, announced its winter sailing schedule, which includes stops in Puerto Rico. In a release, it confirmed 23 new itineraries, 18 new ports of call including Boston, Halong Bay and San Juan, on the Marella Discovery ship, which will homeport in Barbados and will sail to […]
Microjuris.com has opened a call for Puerto Rico’s attorneys to fill out the 2020 edition of the longitudinal study on the legal services market in Puerto Rico, which seeks to continue analyzing the characteristics, trends and challenges of the legal profession, now from the context of the COVID-19 pandemic. “We encourage them to participate and […]
Integro Foundation, a Puerto Rican nonprofit, raised more than $120,000 for the Food Bank of Puerto Rico through its “Feed Puerto Rico” campaign, which exceeded expectations by 20% and fed more than 12,000 families in need during the COVID-19 pandemic. “Feed Puerto Rico” launched in April, soon after Puerto Rico went into COVID-19 lockdown. The […]
Facebank International, founded in Puerto Rico in 2006, has maintained its forecast and rating from credit rating agency DBRS Morningstar, even in the midst of the challenges posed by the global COVID-19 pandemic, General Manager Julio Carbonell confirmed. In its most recent review, DBRS “favorably considered Facebank’s strict compliance with U.S. regulatory agencies, its business […]
Ponce Health Sciences University announced the start of the first phase of construction of its new $72 million campus, which will feature multiple study options, laboratories, a 700-seat amphitheater and technology rooms that will promote modern education. Upon completion, PHSU will reportedly become the largest private medical school in Puerto Rico, and will increase the […]
The Puerto Rico Hotel & Tourism Association is urging Gov. Wanda Vázquez to allow expanded tourism-related activities in the next executive order to enable “thousands of employees to return to their workplaces and in this way start moving the economy.” During a news conference, members of the island’s hotel sector called for the opening of […]
The U.S. House Judiciary Committee approved legislation authored by Rep. Nydia M. Velázquez (D-NY) aimed at extending to firms working on Puerto Rico’s debt restructuring the same disclosure requirements that apply to companies involved in other bankruptcies. The bill, H.R. 683, is meant to address instances where companies consulting for Financial Oversight and Management Board for Puerto […]
The Puerto Rico Sales and Marketing Executives Association (SME, in Spanish) is encouraging brands to participate in the call for the 2020 Marketing Excellence Awards, confirming that the nomination process is online and runs until Sept. 18, 2020. The marketing teams from companies, as well as advertising, digital, public relations or promotions agencies, can nominate […]
High-speed business internet service provider AeroNet announced that following an investment of more than $11 million, it won 224 3.5 GHz mid-band spectrum licenses through a Federal Communications Commission auction. The licenses cover more than 80% of Puerto Rico, company officials said. AeroNet, one of the top winners at the auction, aims to “continue its […]
The University of Puerto Rico announced it will invest some $8 million to develop new innovation and technology centers, as well as student counseling and support programs over the next five years. The funding comes from the U.S. Department of Education, which approved grant proposals submitted by the UPR’s Cayey, Carolina and Aguadilla campuses. With […]
The Food Bank of Puerto Rico will launch seven simultaneous projects under the “Mobile Pantry” program, which runs from this month through April 2021. The social action projects will directly benefit 5,520 people suffering from food insecurity and will give continuity to the campaign “Zero Hunger Puerto Rico” to raise local awareness against hunger, the […]
The irregularities which characterized the deficient government response to the consequences of Hurricane María in 2017 should have been sufficient warning to public administrators about the need to establish strict protocols and scrutiny regarding the use of emergency funds. But three years later, neglect, lack of transparency and shady deals remain the norm amid the […]
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