Popular plans to repurchase $500M of its own stock, increase value
January 10, 2020
Popular Inc. announced it will carry out common stock repurchases of up to $500 million and an increase in its quarterly common stock dividend from $0.30 per share to $0.40 per share, starting in the second quarter of 2020. “We are pleased to announce our proposed capital actions for 2020 which are in line with […]
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Amnesty International P.R. blasts govt’s ‘slow and ineffective’ response to earthquake
January 10, 2020
Amnesty International Puerto Rico made a call to the local and federal governments to ensure that relief and reconstruction efforts protect human rights following the earthquakes earlier this week, and the ongoing seismic activity. “It is very worrying that the government of Puerto Rico has not provided an adequate and immediate response to the predictable […]
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P.R. Public Health Trust unveils research grant program
January 10, 2020
In keeping with its vision of improving the public health of the communities of the island, the Puerto Rico Public Health Trust it has opened the call for local researchers to submit public health proposals to increase the understanding of those issues and find solutions. The Puerto Rico Public Health Trust is part of the […]
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P.R.’s small inns ‘in good shape,’ Tourism Co. confirms
January 10, 2020
The 12 small inns that make up the Puerto Rico Tourism Co.’s Paradores de Puerto Rico program are in good shape, open and available to visitors after experiencing several earthquakes on the island, agency Executive Director Carla Campos said. Although some of the “paradores” are operating with electric generators and/or water tanks, they have not […]
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Bravo Family Foundation Exec. Dir. García-Guerra passes away
January 10, 2020
Guiomar García-Guerra, a longtime member of the nonprofit and philanthropic community, and executive director of the Bravo Family Foundation, passed away on Jan. 6, said Orlando Bravo, founder of the organization. García-Guerra was appointed to her position in April 2018, when she immediately began building a long-term plan for the foundation’s permanent mission in Puerto […]
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3 major universities outline academic schedules post-earthquakes
January 9, 2020
Puerto Rico’s three largest universities announced their plans for upcoming administrative and academic activities, following this week’s earthquakes. University of Puerto Rico President Jorge Haddock said the Mayagüez, Aguadilla, Cayey, Humacao, Carolina, Ponce and Utuado campuses will not restart its schedule as planned today, as the institution awaits the final recommendation from structural engineers who […]
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College of Engineers and Surveyors works on ‘coherent reconstruction plan’
January 9, 2020
The Puerto Rico College of Engineers and Surveyors has constituted a permanent assembly until the critical stage of the emergency left by the earthquakes is over, organization president Juan Alicea-Flores said. “The organization is collecting key data and evaluating it, to determine the state of structures and infrastructure and the possibility of restoration,” said Alice, […]
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3 cruise ships anchored in San Juan with some 15K visitors
January 9, 2020
As the Puerto Rico Tourism Co. supports recovery efforts in the southern region, it also welcomed in San Juan some 15,000 visitors who arrived Wednesday aboard three cruise ships of the Carnival Cruise Line and Royal Caribbean lines, agency Executive Director Carla Campos said. The Carnival Breeze, Anthem of the Seas and the Oasis of […]
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Puerto Rico ICON investor conference slated for Feb. 25-26
January 9, 2020
Seeking to promote investment in Puerto Rico and boost the island’s rebuilding efforts and economic recovery, local firm Colectivo 360 has organized Puerto Rico ICON, an investors conference that will take place Feb. 25-26 at La Concha Resort. Ricardo Santana, managing partner of Colectivo 360, believes Puerto Rico ICON is “an opportunity to bring together […]
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WorldNet offers office space to co.’s without power, internet
January 9, 2020
WorldNet Telecommunications announced it has spaces available in its “Espacio 201” for companies that do not have electricity, internet or telephone services and need to continue operating and serving their customers. Saying Hurricane María “was a great lesson for everyone, but especially for businesses,” which showed the importance of having an alternate office to work […]
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P.R. Food Bank launches campaign to collect supplies for communities hit by earthquakes
January 9, 2020
The Puerto Rico Food Bank, a nonprofit that distributes supplies to more than 140 organizations dedicated to fighting hunger in Puerto Rico, has launched a food collection campaign to deliver aid to the communities most affected by this week’s earthquakes. “The need is great and to continue with our mission to fight hunger in every […]
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San Juan ranks 4th among world’s ‘top emerging destinations’
January 8, 2020
San Juan, Puerto Rico has ranked fourth in a survey of the world’s “top emerging destinations” commissioned by travel company Skyscanner, earning the distinction of being the “micro escape” place of choice. Skyscanner’s “2020 Travel Trends Report,” which pulls data from more than 100 million monthly users, found that 2020 will be the year of […]
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alma chosen as Marriott International Caribbean, LatAm new social agency
January 8, 2020
Marriott International has appointed Miami-based alma as its social media agency of record for the Caribbean and Latin American region following a competitive pitch, the agency announced. “alma will lead the company’s multilingual and multicultural social media strategy in the region. The award-winning agency, which is part of DDB Latina, will manage, create, and execute social […]
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Spirit Airlines closes purchase of South Florida land to build new $250M HQs
January 7, 2020
Less than three months after announcing plans to build a $250 million state-of-the-art headquarters in Dania Beach, Florida, Spirit Airlines confirmed it has closed the acquisition of nine acres from Kimco Realty Corp. The new corporate campus will support more than 1,000 employees in up to 500,000 square feet of space. Spirit has also executed […]
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JetBlue to go ‘carbon neutral’ on all domestic flights starting in July ’20
January 7, 2020
Puerto Rico’s largest air carrier, JetBlue, announced it will offset carbon dioxide emissions from jet fuel for all domestic JetBlue flights beginning in July 2020, as it makes steps toward reducing its contribution to global warming. As part of the airline’s plan to prepare for a changing climate, the commitments underscore JetBlue’s long-term strategy to […]
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