The Puerto Rican government has imploded spectacularly over the last two weeks. Multiple cabinet-level officials have resigned or been fired, and former cabinet officials have been arrested in an FBI corruption probe. The scandal has led to an overwhelming call for Gov. Ricardo Rosselló to resign. Two former cabinet officials, as well as several individuals […]
The Puerto Rico College of Engineers and Surveyors urged the government to avoid the paralysis of the economy by acting quickly to resolve the political crisis it is going through. “This is not a matter of parties or governors, but of the island. We’re in the international spotlight and our economy is paralyzed,” said Pablo […]
The Puerto Rico Chamber of Commerce and investment and business firm, Birling Capital Advisors, LLC, have signed a collaboration agreement to promote among the trade group’s membership and the local business community the importance of investments. Birling Capital Advisors, chaired by Francisco Rodríguez-Castro, offers advisory and corporate finance services focused on the needs of institutional, […]
Business leaders from the Puerto Rico Private Sector Coalition condemned the arrests of former government officials and collaborators and requested an immediate corrective plan action. For Coalition members, the fact that it is not the first time that a government in power is the subject of corruption accusations, makes it more pressing to take different […]
The Puerto Rico Builders Association and the Puerto Rico Farm Bureau, two professional organizations representing thousands of local members, voiced their rejection of recently uncovered acts of government corruption, which has “tainted the island’s reputation. In a statement the Builders Association, through its President Emilio Colón-Zavala, said “Puerto Rico and its institutions, both in the […]
Considering the crisis that exists on the island due to the shortage of doctors and specialists, Salvador F. Rovira-Rodríguez decided to join all of the industry’s components in one place to establish a structure that, in a short term, allows Puerto Rico to alleviate the crisis. To address that goal, he created the Health Industry […]
Millennials in Puerto Rico carried the least amount of credit card debt of any state, with an average balance of $2,906 per person, in the first quarter of 2019, according to a study conducted by credit reporting agency Experian. Mississippi millennials had the second-lowest debt, with an average credit card balance of $3,887. These balances […]
U.S. Environmental Protection Agency Regional Administrator Pete Lopez visited Puerto Rico recently as part of the agency’s “aggressive efforts” to advance recovery from Hurricanes Irma and María, as well as tackle ongoing environmental challenges in the Caribbean. The trip included participation in forums, with an array of community groups such as the San Juan Bay […]
If there’s something that mobile and other portable equipment has achieved is to make life easier for everyone at multiple levels. With it you take pictures and share them instantly or access links that provide all kinds of information in nanoseconds. Now, can you do the same with your business documents? Every company or institution […]
Travel publication Travel & Leisure has selected Serafina Beach Hotel among the 25 best resorts in the Caribbean in 2019. The first boutique and lifestyle hotel concept created by the owners of the Serafina Restaurant Group global brand, ranked 23 with a score of 92.21% and was the first of only two properties to be […]
Professional services in risk, retirement and health management firm Aon plc, announced the start of the application process for the Aon Scholarship Fund for Talented Students, established in 2010 at the Puerto Rico Community Foundation. The grants are available for college students pursuing bachelor’s degrees in Accounting, Finance, Business Administration and Human Resources. The deadline […]
Puerto Rico residents continuing to recover from 2017’s hurricanes could be eligible for increased nutrition assistance funded by U.S. Congress and provided through a grant from the U.S. Department of Agriculture. This temporary assistance of $600 million in new benefits will be distributed through Puerto Rico’s Nutrition Assistance Program (NAP) beginning as early as August, […]
U.S. Congressman Darren Soto introduced bipartisan legislation to provide equal access to federal resources for Medicaid to American citizens living in U.S. territories, the lawmaker’s office announced. H.R. 3631, known as the Territories Health Care Improvement Act, increases the limit on Medicaid payments and the federal medical assistance percentage for the five U.S. territories: Puerto […]
PR Computer Services, founded in 1973, is marking 46 years in the market, where it pioneered data storage and technological support, founder Luis Arabía said. “Forty-six years ago, we were able to see the trend to the ongoing use of technology for business management, and the growing need to support these systems and store all […]
Global design and engineering firm Stantec has been awarded a $3 million assignment to lead engineering services for infrastructure damage assessments in Puerto Rico, it announced. The project was awarded under Stantec’s indefinite-delivery/indefinite-quantity contract with the Eastern Federal Lands (EFL) Division of the Federal Highway Administration involving highway and/or bridge design and engineering services in […]
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