Suddenly, Zoom meetings are as ubiquitous as your morning coffee. Beyond that, now hanging out with friends staring at your computer, virtual parties, concerts and tours are in our new everyday lives during the COVID-19 pandemic. Suddenly we’re living in a dystopian world that still seems as far-fetched as when we watched movies like “Contagion.” […]
For eight years, Puerto Rico has painted a picture of itself as a welcome refuge in the United States for residents of the 50 states to come do business. Acts 20 and 22 have brilliantly painted that picture and have helped to drive more business, spending, and jobs into the Puerto Rican economy. The only […]
During Women’s History Month, the U.S. Small Business Administration (SBA) pays tribute to women-owned businesses throughout the nation and reiterates its commitment to expand opportunities and alternatives to strengthen small businesses led by female entrepreneurs. Women-owned businesses continue to grow at an increasingly fast rate. To help support women in their business endeavors, the SBA […]
As one of the early applicants under Laws 20 and 22 of 2012, I can attest there was a certain apprehension towards potential changes to the laws that supposedly would be immutable. There was a perception that government had a history of changing the game and not honoring the letter, and even more important the […]
The threat of coronavirus/COVID-19 is real. Today, every organization must be prepared to face its consequences, whether due to a possible outbreak between its employees or the closure of operations to avoid being a source of contagion. There is much that is unknown about COVID-19. In the event of a possible emergency, we will have […]
For several years we have been talking about transfer pricing in Puerto Rico. What is transfer pricing? In a simple way, we could define it as the price that an entity charges to a related entity for goods and services, when they are each in different jurisdictions. Then, why is this subject more important now […]
Creating a culture of innovation is one of the most important things a company can do to ensure that it continues to evolve and prosper. But the right environment must exist for bright minds to continue presenting intelligent ideas that solve customer problems. These are the three key ingredients to help create a culture of […]
The global auto industry has taken a hit in recent years. For example, 2019 was considered to the worst year for the auto industry ever since the global economic recession of 2008. According to a study, there was a 4.4% slump for the industry in 2019, and forecasts for 2020 suggest a 0.3% downturn. However, things […]
A conundrum is a mystery, a puzzle, an enigma. And in Puerto Rico many go unresolved for months, years and even decades. A big mystery looming in the horizon on the already debt-ridden government of Puerto Rico is the fate of the FirstNet broadband network, with its corresponding implications to the sustainability of our public […]
On Dec. 28, an earthquake rattled Puerto Rico’s southwest coast, destroying homes and cultural treasures. Unfortunately, it was just a precursor to a magnitude 6.4 temblor that struck the same area on Jan. 7. The government of Puerto Rico, the Puerto Rico Emergency Management Bureau, their supporting government agencies and local community leaders immediately began […]
In Puerto Rico we have a long way to go to become a sustainable island, but the reality of what we are living on a daily basis is urging that we hurry. Sustainability is not a whim. Sustainability is synonymous with equality, and equality always means economic growth. At this point we can all agree […]
This week, a federal jury returned a guilty verdict against the former mayor of Gurabo for extorting $125,000 from a government contractor in exchange for paying eight outstanding invoices for services previously rendered. Last week, the Financial Oversight and Management Board for Puerto Rico (FOMB) reminded the government that a recent executive order setting aside […]
Digitization and automation continue to change the workforce and make traditional roles become, often, redundant. The reality is that change is necessary and if companies do not adapt to it, the competitive advantage they offer to their customers will probably disappear. Over time, we have seen that the most successful and recognized brands by people […]
By Julia A. FernándezSpecial to News is my Business Businesses had little interest in adopting Voice over Internet Protocol (VoIP) when it was introduced in the mid-1990s. This is because mobile phones were entering the market, while the internet which enabled VoIP was slow and unreliable. However, the technology improved significantly over the years and […]
NIMB ON SOCIAL MEDIA