‘De Tu Closet a mi Prom’ initiative returns to Verdanza Hotel
April 26, 2019
“De Tu Closet a Mi Prom,” a nonprofit community event aimed at helping public high school senior girls with limited financial means get free donated prom dresses and accessories in exceptional condition, will return to the Verdanza Hotel in Isla Verde next week, hotel officials announced. This year Verdanza Hotel has decided not just to […]
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Op-Ed: Top-notch SBA resource partners help entrepreneurs thrive
April 26, 2019
The U.S. Small Business Administration is focused on elevating America’s 30 million small businesses, the engines of our national and regional economies. Collaboration with our resource partners is essential to our mission of helping them start, grow and expand. The SBA provides access to capital, training and additional resources to help small businesses start and […]
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OCIF launches awareness campaign on the importance of financial training
April 26, 2019
The Office of the Commissioner of Financial Institutions announced the launch of an educational campaign to promote financial education at all levels. The initiative, which has the slogan “Sal a Flote” as its title, emerges as part of the efforts carried out by the agency known as OCIF for its initials in Spanish during “Financial […]
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Rosselló bets on new Incentives Code, innovation to reposition P.R.
April 25, 2019
Gov. Ricardo Rosselló delivered his third State of the Commonwealth address Thursday, vowing to implement a number of measures to reposition Puerto Rico and support its recovery. During his speech at the Puerto Rico Capitol building, Rosselló explained the need of an agenda that looks firmly into the future. “The solution to the problems is […]
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First BanCorp. reports $43M in 1Q19 net income
April 25, 2019
First BanCorp. reported net income of $43.3 million, or $0.20 per diluted share, for the first quarter ended Mar. 31, 2019, compared to $101.1 million, or $0.46 per diluted share, for the fourth quarter of 2018, and $33.1 million, or $0.15 per diluted share, for the first quarter of 2018. The fourth quarter of 2018 […]
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DMO rolls out new ‘Have we met yet?’ marketing campaign for P.R.
April 25, 2019
Discover Puerto Rico, Puerto Rico’s Destination Marketing Organization, announced the rollout of Puerto Rico’s brand campaign: “Have We Met Yet?” focusing on “the hospitable and welcoming nature of the island’s people.” By posing the question “Have We Met Yet?” the campaign seeks to reintroduce the island to the world and brings to life the exotic […]
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Delta to resume San Juan/Detroit route from Dec. ’19 to May ’20
April 25, 2019
Delta airlines announced it will resume its once-weekly direct route between Detroit Metropolitan Airport (DTW ) and Luis Muñoz Marín International Airport (SJU) on Saturdays from Dec. 21 through May 2020. “We thank Delta for their trust and for remaining committed to growing its presence in Puerto Rico,” said Puerto Rico Tourism Company executive director […]
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Gov’t officials inaugurate student Research and Technology Development Center in Ponce
April 25, 2019
The Department of Economic Development and Commerce and the Municipality of Ponce inaugurated the Research and Technology Development Center in Ponce to promote the development of student research projects in the areas of Science, Technology, Engineering and Mathematics. “We celebrate that a project that began taking shape last year is now a reality, we’re joining […]
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U.S. Minority Chamber of Commerce to host 5th edition of World Conference of Municipalities
April 24, 2019
Puerto Rico will play host the 5th World Conference of Municipalities 2019 on May 10-12, a bi-annual forum organized by the U.S. Minority Chamber of Commerce. The three-day international conference will focus on the topic of economic, environment and urban development to be held at the Marriot Resort and Stellaris Casino in in San Juan. […]
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Op-Ed: Puerto Rico enters 21st century of investing
April 24, 2019
Through executive order OE-2019-013 Puerto Rico Gov. Ricardo A. Rosselló shared with all government agencies and corporations his administration’s investment policy guidelines. The governor has charged the Fiscal Agency and Financial Advisory Authority (“AAFAF” by its initials in Spanish) with the responsibility of providing investment policy principles to each subdivisions and component of the government of […]
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AAA to sponsor 3-day event with Tourism Cares to benefit local communities
April 24, 2019
AAA — The Auto Club Group will join efforts to help Puerto Rico’s tourism industry, still recovering from Hurricane María, which devastated the island in 2017, the company announced. In May, AAA will sponsor a 3-day event, hosted by Tourism Cares, a nonprofit organization which unites the travel and tourism industry to benefit local communities. AAA […]
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Carolina municipal gov’t retakes 4+ acres of beachfront property after 10-year fight
April 23, 2019
The Carolina municipal government has put an end to a 10-year-old legal fight with CH Properties for some 4 acres of pristine beachfront property, for which it paid $2 million, town officials announced. This resolution puts an end to litigation that will grant the municipality administration and maintenance of this part of the coast which […]
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Toyota Foundation opens call for environmental scholarship program
April 23, 2019
The Toyota Foundation opened its annual call for its Environmental Scholarships program that seeks to reward students seeking to become professionals in a field related to the environment — something it has been doing since 2005. The nonprofit awards scholarships to qualified students looking to contribute to the understanding and preservation of natural resources in […]
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Liberty P.R. receives workplace award from American Psychological Association
April 23, 2019
The American Psychological Association (APA) recently awarded Liberty Puerto Rico with its 2019 Psychologically Healthy Workplace Award, the provider announced. One of eight employers from across the United States and Canada received the distinction this year and Liberty won in the medium for-profit category, due to its efforts to “create a healthy, high-performing work environment,” […]
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Op-Ed: Democratic Socialism in America
April 23, 2019
“Americans have always understood the material progress owed to capitalism, but for just as long, they have also insisted upon their democratic right to curb its excesses.” (Americana – Bhu Srinivasan) If this is Democratic Socialism, then it is pervasive in the United States and creeping up. Medicare for all and free college tuition are two […]
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