Bluetide Puerto Rico holds 1st conference to boost island’s ‘Blue Economy’
July 2, 2021
As part of “The BLUEtide Initiative,” one of eight strategic initiatives of Puerto Rico’s Hurricane María Disaster and Economic Recovery Plan, nonprofit organization Bluetide Puerto Rico, backed by a grant from the U.S. Economic Development Administration (EDA), is hosting an event inviting entrepreneurs to make the most out of the ocean waters. The “Blue Economy” […]
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Practical Techie: Web offers data on open doors to tourists
July 1, 2021
Web players are fast becoming footloose as the 2020 pandemic slowly loses its grip on humanity. At least 70 countries are fully open to travelers and tourists this summer. The rollout of vaccines and resulting herd immunity is the game-changer. Many travelers now hopefully can resume canceled plans or even map out a whole new […]
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CNE: PROMESA has fallen short of its goals 5 yrs. after enactment
June 30, 2021
Five years after the approval of the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA), the objectives, achievements and successes attained fall short, the Center for a New Economy concluded in the latest edition of its “CNE Review.” In it, the CNE examines PROMESA since its enactment in June 2016, makes an inventory of […]
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Net emigration between US and Puerto Rico pegged at 550K from 2011-2020
June 30, 2021
The Census Information Center at the University of Puerto Rico’s Cayey campus recently published an analysis of net emigration estimates between Puerto Rico and the United States from 2011 to 2020, which put that number at 550,421 people. The estimates are based on surveys that the US Census Bureau conducts in the United States and […]
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CPI INVESTIGATES: Puerto Rico Act 22 tax incentive fails
June 25, 2021
The jobs and economic impact anticipated by the Puerto Rico government never materialized. From being an instrument to attract millionaires and foreign investment, Act 22 went on to become a haven for cryptocurrency fans, YouTube personalities and consultants. By Luis J. Valentín Ortiz, Joel Cintrón Arbasetti and Dalila M. Olmo LópezCenter for Investigative Journalism A […]
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EDB’s Center for Economic Studies validates gasoline price hike, consumer impact
June 25, 2021
The latest report by the Puerto Rico Economic Development Bank’s Center for Economic Studies confirmed that increases in fuel prices are “affecting business operations and daily life,” agency President Luis Alemañy said. The price of any good can spike when it’s cost of production increases, inventories are scarce or its market demand is on the […]
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Practical Techie: Plenty of info on the web about the summer solstice
June 22, 2021
The summer solstice has arrived in 2021 and it reflects amply on the World Wide Web with plenty of data and details about the astronomical phenomena. Solstice is “solstitium” in Latin and it means: “the sun is stopping.” The ancients described it as such because it seemed to them the point where the sun appears […]
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HP Enterprise cogeneration plant in Aguadilla is the co.’s 1st in the world
June 21, 2021
The liquified natural gas facility that Hewlett Packard Enterprise is building in Aguadilla will be the first in the world for the technology giant, which is preparing to stay in Puerto Rico for the long-run, Mark Bakker, general manager of Global Operations for HPE, told News is my Business. HPE´s facility in Aguadilla is a […]
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Practical Techie: Virtual Father’s Day ideas to celebrate online
June 15, 2021
Father’s Day is observed in the US, Canada, United Kingdom, and other countries of the western world as a sequel to the celebration of mothers, a month before. This a day to pay homage to fatherhood, which is always on the third Sunday of June. The year 2020 gave humanity ample experience in virtuality ad […]
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Gov’t readies to launch tech platform to interconnect agencies
June 10, 2021
The Puerto Rico Innovation and Technology Services office (PRITS) is getting ready to launch an interoperability platform that will allow the synchronization of citizen data for accessibility of documents, in an attempt to reduce government bureaucracy. “The Government of Puerto Rico is the custodian of citizen data; therefore, it’s the citizen who must know all […]
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P.R. bankruptcy cases down 18.3% through May vs. same 5-month period in ’20
June 9, 2021
The U.S. Bankruptcy Court for the District of Puerto Rico received 1,718 petitions from January to May, when filings were down 18.3% in comparison to the same five-month period in 2020, according to information provided by local research firm Boletín de Puerto Rico. When broken down into categories, about 711 of those petitions were under […]
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66K Puerto Rico households have signed up for FCC broadband subsidy program
June 8, 2021
The Federal Communications Commission (FCC) confirmed that 65,868 households in Puerto Rico have enrolled in the Emergency Broadband Benefit subsidy program initiated by Congress earlier this year. Since mid-May, more than 2.3 million households in all 50 states, Washington, D.C., Puerto Rico, US Virgin Islands and American Samoa were approved to receive a discount on […]
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[Practical Techie] Doomsday: UFO reports bring usual doom omen
June 8, 2021
As it happens, endings are always beginnings. I say this amid the highly anticipated intelligence report by the Pentagon on UFO sightings or strange encounters by the US military. This report is scheduled to be released by June 25. But, according to senior administration officials briefed on the report’s findings, the inexplicable may remain the […]
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Espacios Abiertos: OBoard cuts only essential services, leaves tax privileges intact
June 3, 2021
The Financial Oversight and Management Board for Puerto Rico has spent five years cutting essential services, while staying away from the “deep pocket” of tax incentives that represent 67.7% of the total expenses related to the commonwealth’s General Fund, even though whether they produce some economic or social benefit is unknown, according to an analysis […]
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GAO: FCC helped Puerto Rico after Hurricane María, but needs to clarify disaster response role
June 2, 2021
The US Government Accountability Office released a report in which it concluded that the Federal Communications Commission (FCC) did its part in the restoration work after Hurricane María hit Puerto Rico in 2017, but it must clearly define its disaster response role moving forward. The FCC’s part included gathering network outage information and creating a […]
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