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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Forteza expands line of fine chocolate products; bets on local cocoa bean harvest
May 24, 2018
Motivated by a strong growth in sales, Forteza Caribbean Chocolate announced the expansion of the offer of flavors that make up the line of fine chocolate bars Forteza One Bar, supported by an aggressive strategy to increase the cultivation of cocoa beans in Puerto Rico to meet the local and international demand.
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Owner of Wind Chimes Inn, Acacia Inn, Blue Horizon files for bankruptcy
May 24, 2018
Two boutique hotels in San Juan and a third in Vieques have been included in separate Chapter 11 bankruptcy petitions filed this week by owner John Dennis-Brull.
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Op-Ed: Hurricane preparedness ‘makes good business sense,’ says FEMA
May 22, 2018
Employers and business owners should consider the impact a hurricane could have on their facilities and their relationships with customers, their own employees and their bottom line.
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Ana G. Méndez University System rebranding, streamlining operations
May 21, 2018
The Ana G. Méndez University System is analyzing and evaluating unifying its brands — potentially doing away with the Universidad del Turabo, Universidad Metropolitana and Universidad del Este names.
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Despite Hurricane María’s wrath, P.R.’s internet use jumps to 75%
May 18, 2018
The use of the internet in Puerto Rico continued its upward trend in 2018 after the passage of Hurricane María, reaching an incidence of 75 percent among users 12 years and older, equivalent to 2.2 people, according to the results of the 2018 Digital & Mobile Behavioral Study.
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Next-generation Jeep Wrangler to hit P.R. roads
May 17, 2018
The Jeep brand announced the Puerto Rico arrival of the new generation of the icon of the brand, the Jeep Wrangler, designed to remain true to its 77-year legacy.
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