‘MyPark’ app to reserve parking spaces debuts in PR
August 11, 2017
Starting this week, Puerto Rico residents will have a new parking alternative in several malls, with the arrival of “MyPark,” a system that allows them to reserve a space using their mobile phone.
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Guardian to grant 12 scholarships to Mech-Tech pupils
August 11, 2017
Guardian Insurance Company and Mech-Tech College recently signed a collaborative agreement that will grant 12 scholarships to outstanding students with financial limitations.
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Parallel18 signs pair of collaborative agreements
August 10, 2017
San Juan-based startup accelerator Parallel18 announced Wednesday the signing of a pair of collaborative agreements — with the Puerto Rico International Banks Association and the Builders Association to create opportunities for up-and-coming businesses.
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Gov. signs law to transform Public Service Commission
August 10, 2017
Puerto Rico Gov. Ricardo Rosselló signed Senate Bill 525 that creates the “Administrative Transformation of the Public Service Commission Law,” a statute that simplifies and standardizes requirements that any operator of passenger ground transportation must meet.
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Gov’t to host 1st Invest Puerto Rico forum Sept. 20-21
August 9, 2017
Gov. Ricardo Rosselló announced Tuesday, along with Department of Economic Development and Commerce Secretary Manuel A. Laboy, the 1st Invest Puerto Rico Forum, on Sept. 20-21.
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PR gets $4.7M for brain cancer research, 2 other projects
August 9, 2017
Puerto Rico’s Resident Commissioner Jenniffer González-Colón announced Tuesday awards adding up to more than $4.7 million for research on cerebral cancer at Caribbean Central University and for two research projects on evolutionary biology at the University of Puerto Rico.
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Triple-S reports $12.7M in net income for 2Q17
August 9, 2017
Triple-S Management Corp. announced Tuesday consolidated revenues of $745.9 million and net income of $12.7 million, or $0.52 per diluted share, versus net income of $3.9 million, or $0.16 per diluted share for the same second quarter of 2016.
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TITLE Boxing Club franchise to enter PR, DR markets
August 9, 2017
TITLE Boxing Club, a boutique boxing fitness franchise with more than 170 clubs across the U.S. mainland, announced Tuesday a new international deal that will bring the brand to Dominican Republic and Puerto Rico.
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US Rep. Velázquez releases report on PR’s economy
August 9, 2017
Rep. Nydia M. Velázquez (D-NY) released Tuesday a report titled, “A Discussion on the Future of Puerto Rico’s Economy.”
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AAFAF: Agencies, towns must enact disclosure policies
August 9, 2017
The Puerto Rico Fiscal Agency and Financial Advisory Authority (AAFAF, by its Spanish acronym) on Tuesday announced it has ordered all department, agencies, public corporations and instrumentalities, as well as municipalities, to enact continuing disclosure policies and procedures based on the recommended best practices on or before Sept. 7, 2017.
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FEMA OKs $2.8M for Salinas aquifer mitigation project
August 8, 2017
The Federal Emergency Management Agency has approved a $2.8 million hazard mitigation project for the island’s southern coastal area, which considers its adaptive capacity, and uses surface and ground water to reduce the need for future water rationing in the town of Salinas.
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Op-Ed: Survival of quality journalism hinges on funding
August 8, 2017
Eventually if you want quality journalism, readers will have to pay for it. News outlets that rely solely on digital advertising revenue will not be able to sustain their business model much longer.
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PR to host ‘Reliability World Caribbean’ congress
August 8, 2017
Vibra Inc., a reliability services company in the Caribbean and Latin America, will be hosting in September the 11th edition of the “Reliability World Caribbean 2017” conference in Puerto Rico, company officials announced.
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Silver Airways looks to expand Caribbean footprint
August 7, 2017
Florida-based Silver Airways is looking to expand its Caribbean footprint through a partnership with San Juan-based Seaborne Airlines, the carrier announced.
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Parallel 18, PRHTA ally to promote industry innovation
August 7, 2017
Given the challenges and opportunities that new business models provide in the global tourism industry, Parallel 18 (P18) and the Puerto Rico Hotel and Tourism Association (PRHTA) have established a collaboration agreement that will benefit startups that participate in the business accelerator and the members of the hotel association.
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