8 P.R. co.’s get ‘golden tickets’ to sell to Walmart in the U.S. mainland
June 20, 2018
Eight local companies will start exporting their products to Walmart stores in the U.S. mainland, representing at least $9 million in revenue and new job creation, representatives from the companies and the mega-retailer confirmed.
chat_bubble0 Comment
visibility2910 Views
PR Wireless to replace Open Mobile brand with Boost Mobile
June 20, 2018
Open Mobile stores in Puerto Rico have begun their re-branding as Boost Mobile, in response to the new business model adopted by parent company PR Wireless.
chat_bubble0 Comment
visibility5075 Views
BRIO Tuscan Grille restaurant closes at The Mall of San Juan
June 19, 2018
The BRIO Tuscan Grille restaurant at The Mall of San Juan has shut down permanently, less than a month after Spice Private Equity closed the deal to acquire its parent company.
chat_bubble0 Comment
visibility2440 Views
Spirit Airlines’ new Aguadilla-Orlando route to pump $7M into P.R. economy
June 18, 2018
Starting Oct. 4, 2018, Spirit will begin offering international service from Orlando International Airport to 11 new destinations in Latin America and the Caribbean, including daily flights to the Rafael Hernández International Airport in Aguadilla.
chat_bubble0 Comment
visibility2524 Views
P.R. housing sector needs ‘clear public policy’ to function
June 15, 2018
Puerto Rico needs clear public policy that leads to a solution to the housing problem, the implementation of rules and design criteria that respond to the market, and locating new builds in low-risk areas with easy access to health services.
chat_bubble0 Comment
visibility1459 Views
P.R. Tourism Co. hosts 60+ retail, wholesale travel agents worldwide
June 15, 2018
The Puerto Rico Tourism Company recently hosted a group of 62 international travel agents and wholesalers as part of its strategy to spread the word that the island is ready to receive visitors and encourage the arrival of more tourists.
chat_bubble0 Comment
visibility2274 Views
HTA begins $3.5M electronic road sign pilot project
June 14, 2018
The Highways and Transportation Authority has begun installing the first four electronic road signs on the busy Baldorioty de Castro Avenue at a cost of $3.5 million, to inform drivers of road conditions and incidents starting later this year.
chat_bubble0 Comment
visibility3043 Views
Hurricane María ‘changed consumers’ in P.R., who now buy food more frequently
June 12, 2018
The passing of Hurricane María last September left in its wake a changed consumer, who now makes more frequent trips to buy food, not only a grocery stores, but at alternative retail establishments as well.
chat_bubble0 Comment
visibility1946 Views
Economist: ‘Employment at will’ may not be right solution for P.R.
June 11, 2018
The adoption of the so-called “employment at will” doctrine may not be the right solution for Puerto Rico’s low labor participation rate and stagnant economy, because it fails to address other underlying problems.
chat_bubble0 Comment
visibility1889 Views
Film Investment Fund seeks to jumpstart local productions via cash incentives
June 8, 2018
The Department of Economic Development and Commerce, through the Film Investment Fund, is looking to promote eight local production projects per year for the next two fiscal years, calling for an annual investment of $1 million a year, agency officials said.
chat_bubble1 Comment
visibility1958 Views
Gov’t promotes Florida/P.R. business partnerships
June 8, 2018
As part of the results of the recent commercial mission to Orlando, an alliance will be signed with business organizations in Puerto Rico and Florida, Puerto Rico Trade and Export Executive Director Ricardo Llerandi announced.
chat_bubble0 Comment
visibility2202 Views
Executive appointments at Triple-S, DMO, Evertec
June 7, 2018
This edition of Climbing the Corporate Ladder highlights the appointments of four top executives in the insurance, tourism and technology industries.
chat_bubble0 Comment
visibility2128 Views
Expert: Labor reform, expanded tourism would steer P.R. economy forward
June 4, 2018
The Puerto Rican economy would get a full point of economic growth with proper labor market reforms, and would largely benefit from an expanded tourism industry, which currently represents 6 percent of the island’s GNP.
chat_bubble1 Comment
visibility1996 Views
FCC OKs additional funding to restore communications networks in PR/USVI
May 30, 2018
The Federal Communications Commission approved additional immediate funding to accelerate the restoration of communications networks in Puerto Rico and the U.S. Virgin Islands that were damaged and destroyed during the 2017 hurricane season, it confirmed.
chat_bubble0 Comment
visibility1743 Views
Gov’t cuts 116 regulations via ‘Dale Tijera’ initiative
May 30, 2018
The government’s "Dale Tijera" initiative launched March 12 has already resulted in the elimination of 116 regulations, Puerto Rico Secretary of State Luis Rivera-Marín said.
chat_bubble0 Comment
visibility2181 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA