Marnie Ferrer joins News is my Business as digital advertising advisor
March 4, 2019
Marnie Ferrer, a seasoned sales and marketing executive, is joining the News is my Business team as digital advertising advisor, bringing with her more than 25 years of experience in the field. Ferrer’s professional track record includes working in sales and marketing for media outlets as well as the private sector. Her experience includes positions […]
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Gov’t selling another property, World Plaza Building in Hato Rey, for $28M
February 28, 2019
The iconic 22-story World Plaza building in Hato Rey is up for sale, with an initial asking price of $28 million, this media outlet confirmed. The property belongs to the Infrastructure Financing Authority, a government entity that picked up the asset from the Federal Deposit Insurance Co. in 2014, four years after former owner Westernbank […]
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P.R. Funders Network analyzes role of philanthropy in island’s recovery
February 28, 2019
The philanthropic response to Puerto Rico’s devastation after Hurricanes Irma and María in September 2017 generated an incalculable amount of private aid and the “coming together” of new and existing nonprofits to help in the island’s ongoing recovery. The subject is discussed in detail in the “Philanthropy and Puerto Rico after Hurricane María: How a […]
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Xavira Neggers-Crescioni, friend, colleague, incisive journalist, passes away
February 27, 2019
By Michelle Kantrow-Vázquez Xavira Neggers-Crescioni, who had nearly three decades of experience as a business reporter in Puerto Rico,passed away over the weekend. She was 51. Her unexpected death has left her friends and colleagues with heavy hearts. On a personal level, aside from being one of the most incisive reporters I’ve known, Xavira was […]
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Dominican Republic shoe retailer EGO opens 1st store in P.R.
February 25, 2019
EGO, a footwear chain based in the Dominican Republic, has opened its first store in Puerto Rico, at the Plaza Las Américas shopping center in Hato Rey. In an exclusive interview with this media outlet, EGO co-Partner Luis Torres, said the new 2,300 square-foot store entailed a $100,000 investment and is the first of four […]
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COR3 office unveils website to provide updates on recovery funding, projects
February 20, 2019
The Central Office of Recovery, Reconstruction and Resiliency, known as COR3, unveiled its “transparency portal,” or the website created to provide information about Federal Emergency Management Agency funding to be used to rebuild Puerto Rico in the wake of Hurricane María. COR3 Executive Director Omar Marrero said the website will be updated regularly, as FEMA […]
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Duck Donuts partners with local entrepreneurs to open 3 stores in P.R.
February 19, 2019
Pennsylvania-based Duck Donuts has partnered with local entrepreneurs Juan Carlos Piñero and Jorge Ramos to open three locations in Puerto Rico in as many years, the company announced. The Puerto Rico stores will join a chain of about 80 franchise locations of the made-to-order donut shops already operating across 24 states. The chain got its […]
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Ponce’s Destilería Serrallés unveils $22M expansion to boost rum exports
February 14, 2019
Ponce, PR — Destilería Serrallés, a century-old manufacturer of premium rums, unveiled a new $22 million addition to its complex in this southern town to expand its participation in export markets through more of its current lineup of spirits and new products. The new investment includes a new $4 million bottling line and a significant […]
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New $2.1M Fifty-Eight nightclub opens at La Concha resort in Condado
February 12, 2019
Following an investment of $2.1 million, entrepreneurs Matt Moncada and Paco López officially announced the opening of Fifty-Eight, a new nightclub at La Concha Renaissance Resort in the Condado sector of San Juan. The new venue also represents a partnership with the hotel’s owner, Paulson & Co., which may open the doors for more locations […]
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World Central Kitchen secures additional $4M for P.R. projects thru ’23
February 1, 2019
World Central Kitchen Puerto Rico made a commitment with the Clinton Foundation to add $4 million in funds that will be used exclusively in Puerto Rico with the mission of promoting sustainable agriculture projects on the island under the “Plow to Plate” support platform, the nonprofit announced. “Plow to Plate” offers financial support and training […]
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Clinton Foundation locks down 50 ‘Commitments to Action’ to continue Caribbean recovery
January 30, 2019
The Clinton Foundation, through its Clinton Global Initiative Action Network on Post-Disaster Recovery initiative, is pushing forward with its effort to work with government, business, and civil society partners to develop strategies and solutions to address hurricane recovery needs facing the region, while laying the foundation for a more resilient future. President Bill Clinton, founder […]
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Public, private sector organizations step up for federal employees in P.R.
January 25, 2019
A number of public and private sector organizations are stepping up for furloughed federal employees in Puerto Rico. There are an estimated 14,000 federal employees in Puerto Rico, of which an estimated 4,500 are affected by the government shutdown that began last month, the Puerto Rico Office for the Socio-economic and Community Development said. The […]
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Liberty P.R. to increase rates on current plans effective Feb. 1
January 24, 2019
Liberty Puerto Rico will increase rates on current television and internet packages effective Feb. 1, the company announced in a notice sent to customers. However, clients choosing to switch to new plans that Liberty began offering late last year will not experience rate changes for the rest of 2019. “As part of our commitment to […]
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Rosselló: Gov’t working on ‘transformation’ of Vieques/Culebra ferry system
January 22, 2019
Admitting that transformations are “seldom smooth and many times messy,” Puerto Rico Gov. Ricardo Rosselló confirmed that his administration is working on ironing out the kinks that have come up with the shift into the “short route” connecting Puerto Rico with Vieques and Culebra. In an exclusive interview with this media outlet, Rosselló said moving […]
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Rosselló: Transportation issues between P.R-Vieques-Culebra to be resolved by summer
January 21, 2019
Puerto Rico Gov. Ricardo Rosselló sits down with News is my Business to discuss several pressing economic issues, and the government’s proposed resolutions.
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