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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Practical Techie: Be your own meteorologist with help from the web
June 1, 2021
Caribbean hurricane weather is upon us again with the new storm season that begins today. Meteorologists and forecasters in the local news channels keep us duly informed about the wuthering storms, but it’s prudent to know where to look on the Internet for data on other angles of the weather. This may include marine climate […]
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Puerto Rico’s Consumer Price Index up 1.4% in April vs. 2020
May 31, 2021
Puerto Rico’s most recent Consumer Price Index report showed a 1.4% year-over-year increase in April, the Puerto Rico Economic Development Bank confirmed. “This report is revealed as part of the efforts of the EDB’s Center for Economic Studies to keep small and medium-sized businesses, entrepreneurs and investors informed and also to support decision-making,” said EDB […]
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Liberty Puerto Rico unveils business continuity, disaster recovery plan for ’21 hurricane season
May 31, 2021
Liberty Puerto Rico announced that its business continuity and disaster recovery plan is ready to face the upcoming 2021 hurricane season, as it has been “updated, tested, and exercised regularly” in collaboration with its parent company, Liberty Latin America. “We’re in a stronger shape to face natural disasters as we have gained experience after recent […]
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VPNet, Microsoft announce $1M joint effort to deliver broadband to rural communities
May 27, 2021
Puerto Rican company VPNet Inc., with support from Microsoft’s Airband Initiative, announced an agreement to make high-speed broadband internet available in rural areas of Puerto Rico, whose communities, organizations, and businesses have faced great challenges, particularly during the COVID-19 Pandemic. The initiative entails a $1 million investment, officials confirmed. The agreement will allow approximately 480,000 […]
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CNE reviews Puerto Rico’s reconstruction and recovery process ahead of hurricane season
May 27, 2021
The Center for a New Economy (CNE) published a policy brief on the resources assigned to Puerto Rico by the federal government for reconstruction and recovery after Hurricane María, up to March 31, 2021 and called for a wider discussion of how these funds will be used. “Obligating and spending the federal funding assigned for […]
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