Berklee’s Make Music Happen to host workshops May 28-31
May 24, 2019
Make Music Happen, the entity that produces the Berklee in Puerto Rico music education program, announced it will offer a series of workshops titled “Making Music…After Hours,” in collaboration with the Conservatorio de Artes del Caribe and Sagrado Global, the professional studies school of Sacred Heart University. The four workshops will take place May 28-31 […]
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Mennonite Healthcare System to run Culebra’s new $2M emergency room, health clinic
May 23, 2019
The Mennonite Health System has taken over the administration of the new health care center and emergency room, as well as the Diagnostic and Treatment Center recently built through a $2 million private-sector donation on the island municipality of Culebra. Culebra has some 1,800 residents and receives more than 8,000 tourists on busy weekends and […]
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AFICA issues $21.6M bonds to finance Inter American University project
May 23, 2019
The Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control Facilities Financing Authority (known as AFICA for its initials in Spanish) issued $21.6 million in new AFICA bonds to finance the construction and development of a new student housing complex, parking facility, and related facilities at the Inter American University’s San Juan campus. Puerto Rico […]
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Metropistas issues $120M in investment grade bonds to refinance debt
May 23, 2019
Autopistas Metropolitanas de Puerto Rico (metropistas) announced the closing of a $120 million bond issuance to refinance a portion of its debt, in what constitutes the company’s second successful placement in the market in three months and one of the few bond issuances in the Puerto Rican infrastructure industry since the beginning of the economic […]
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Passenger traffic climbing at Aguadilla’s Rafael Hernández Int’l Airport
May 23, 2019
A new passenger traffic record was established at the Rafael Hernández International Airport in Aguadilla, which recorded 63,223 passengers in April 2019, up from the prior mark of 46,308 established in 2018. The months of January, February, March and April have established individual and collective passenger movement records, reaching 251,898, up 98,271 vs. the same […]
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P.R. business, community leaders support transparency legislation
May 23, 2019
A number of civic and professional organizations that met during the 10th Annual Puerto Rican Summit held in Orlando, Florida May 17th, 2019 agreed to endorse U.S. House of Representatives Resolution 683, the Puerto Rico Recovery Accuracy Disclosures Act of 2019 that establishes conflict of interest disclosure provisions. Representatives of the Puerto Rican Chamber of […]
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P.R. dominates Airbnb ‘Top 10 Summer Trending Destinations’ list
May 22, 2019
The dog days of summer are soon approaching, and with them come the throngs of travelers in search of adventure, rest and relaxation in lands near and far. This summer, Puerto Rico dominates Airbnb’s top-ten global trending destinations list, securing three spots, with Dorado, Vieques and Rio Grande each recording a more than 400% increase […]
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Construction of $107M Dorado Beach Health hospital underway for ’21 opening
May 21, 2019
The developers of the future Dorado Beach Health, a $107 million hospital facility that will raise the standard of care on the island and increase its potential to become the center of medical tourism in the region, announced the start of the construction. The property should open its doors in 2021 and will feature a […]
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AON’s P.R. Benefits Outlook ’19 edition features new virtual platform
May 21, 2019
Professional services company Aon plc announced the start of the 2019 edition of the “Puerto Rico Benefits Outlook,” a comprehensive benefits survey carried out on the island on strategies, innovative benefits programs and changes in the traditional schemes of companies. The 2019 edition of Puerto Rico Benefits Outlook will address relevant issues such as: strategies […]
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Microsoft Security Intelligence Report sheds light on cybersecurity risk in the Americas
May 20, 2019
Following the release of Microsoft’s 24th edition Microsoft Intelligence Security Report (SIR), the company dives into regional insights revealing Puerto Rico security risk is lower than global averages. This year’s edition of the report includes an overview of the security landscape, lessons learned from the field, and cyber security best practices to better protect consumers, partners and customers. The recently […]
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Coco’s-at-the-Yacht Club celebrates Palmas del Mar community’s comeback
May 20, 2019
By Christine RussoSpecial to News is my Business While Puerto Rico continues to deal with the aftermath of Hurricane María, a pair of entrepreneurs are determined to bring together community through their commitment to making people happy. Palmas Del Mar had been hit particularly hard by María as it is located in Humacao – where […]
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Op-Ed: How new social media trends can boost your business
May 20, 2019
No one can argue that living in the technology era has made life much easier. Sometimes all our problems are solved simply by opening an app and clicking on a button. Although our relationship with technology is becoming closer and closer, we also see consumers´ desire to establish trust relationships with brands, especially those that […]
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FirstBank grants $2M in CAPLine financing to Kandor Manufacturing
May 20, 2019
In the next few months, Kandor Manufacturing will increase its staff with 225 new jobs based in Arecibo, after receiving a $2 million line of credit from FirstBank. Kandor, a Puerto Rican company specializing in the manufacture of uniforms and military supplies, recently received the third line of credit issued on the island under the […]
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Causa Local brings access to capital closer to startups
May 20, 2019
https://media.blubrry.com/dollarsandsensenewsismybusines/newsismybusiness.com/wp-content/uploads/2019/05/NIMB-Podcast-CAUSA-LOCAL_mixdown.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSSNonprofit organization Causa Local Founder Ana María Cintrón talks about the mission to provide alternative access to capital for small and medium businesses in Puerto Rico. Through crowdfunding and loans, local operations like Molcajete Foods are able to get their businesses off the ground, says […]
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Bravo commits $100M to Bravo Family Foundation to continue helping P.R.
May 17, 2019
Orlando Bravo, managing partner of private equity firm Thoma Bravo and founder of the Bravo Family Foundation, announced he will personally contribute $100 million to his foundation to promote entrepreneurship and economic development in Puerto Rico, where Bravo was raised, and his family still lives. Bravo will leverage his financial resources and professional relationships — […]
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