Technological innovations not only transform, evolve and improve certain products or services; they also drive economic growth. To achieve such innovation, companies need to walk the talk and pave the road to success for other entrepreneurs in their economic landscape. Some actions in that direction include promoting good concepts, enabling support networks and providing adequate […]
A few weeks ago, Jenniffer González-Colón, Puerto Rico’s Resident Commissioner, appeared in the highly rated show translated as “Playing Hardball,” along with Manuel Laboy, Secretary of the Department of Economic Development. The show’s panel inquired about the government’s slow disbursement of federal funding that was allotted to the island under several of the Cares Act […]
I was happy to read about Parallel 18’s latest group of startups and listen to each company pitch during their recent virtual kickoff event. Generation 8 is the accelerator’s first all Puerto Rican cohort and it surfaces as a hopeful sign amidst a sea of small businesses that have shut down due to the COVID-19 […]
Arguably since 2006, Puerto Rico has endured a plethora of natural and man-made incidents and disasters. After much travail, it seems that Puerto Rico agonizes under a never-ending recovery. And this fact is evident if we understand what recovery should be. In the dictionary, recovery is defined as “the process of becoming successful or normal again after problems,” or […]
A study by the Youth Development Institute warned last week of the devastating effects that lack of access to state and federal assistance programs could have on our children during the pandemic. The child poverty rate in Puerto Rico is 58%. COVID-19 could plunge 43,000 more children into poverty in a four-month period if aid […]
The COVID-19 pandemic has brought disorientation and confusion on all fronts, and one of them is the business legal arena, and what’s applicable and what isn’t in a situation as unique as this. From huge business transactions to everyday ordinary ones, everything seems unclear. For example, in recent days we have heard complaints from many […]
I’m sure that many folks reading this publication might consider that my headline is just an utter exaggeration. Nonetheless, as the COVID19 pandemic ravages the globe and the specter of another drought in Puerto Rico starts to worry an already distressed populace, my assertion seems to be not all that absurd. We can’t forget that […]
With less than two weeks to go before the next hurricane season, we must inevitably ask ourselves, are we ready to cope with the continuing consequences of Hurricane María, the challenges of the recent earthquakes in the South, a pandemic, and the possible impact of a hurricane in the coming months? Strong emotions can surface […]
One of the topics that interests me the most and that I have always wanted to promote inside and outside my professional life is the importance of building sustainable economies, that is, working together to establish local economies that are economically and environmentally responsible. To understand it better, sustainable economic growth is economic development that […]
Before occupants return to a building that has been vacated for a significant period of time, building owners, managers and operators should complete a variety of pre-return checks, tasks, and assessments to ensure a healthy and safe environment, and to guarantee the continuity of operations. On this next phase of recovery, companies should focus on […]
COVID-19 has been a powerful experience for most of us in Puerto Rico. After living through a Category-4 hurricane in 2017 and earthquakes earlier this year, we now are in the midst of a pandemic whose economic and social impact has changed the world. We have been shaken to the core with another unprecedented challenge […]
The coronavirus pandemic has slowed the global economy in a matter of weeks and has led companies and brands with strong reputations and market sales to a state of panic. Stock markets have gone to never seen before lows and companies have stayed in self-preservation mode. In times of crisis such as the one we […]
I have lived in Puerto Rico for a little more than seven years. In that time, I have experienced the island go through Chikungunya, Zika, a Commonwealth bankruptcy, hurricanes, earthquakes and now COVID-19. The Puerto Rican people are resilient. They have been through so much, they just know they have to endure to survive. Prior […]
The Puerto Rico real estate market has taken a pause and awaits the return of buyers, who are sure to be enticed with low interest rates, investor incentives, the possible revival of the pharmaceutical industry, and thoughts of living in a tropical, social-distancing safe haven. When will the market get the green light to handle […]
Risk communication is far from crisis communication, although they can often be confused. Risk communication occurs when there is a potential threat, risk or danger that affects the general public such as a hurricane or pandemic. At that time, companies, governments and organizations should take the initiative to find the best resources and sources of […]
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