Liberty Puerto Rico is still reporting positive results from its acquisition of AT&T Puerto Rico’s assets, which nearly tripled its revenues to $359 million during the third quarter ended Sept. 30, when compared to the $114.4 million for the same year-ago period. The report shows that Liberty Puerto Rico’s revenue grew by 214% and 2% […]
The Center for a New Economy’s (CNE) Blueprint initiative presented a digital platform that helps identify and monitor the extent to which Puerto Rican families and households have been able to overcome the damages to their homes after Hurricanes Irma and María. Official government reports indicate that about a third of the housing units in […]
The Vieques Sustainable Economic Development Council — created earlier this year to move the economy of the island municipality forward — presented to Gov. Pedro Pierluisi a multi-strategy plan to develop tourism, jobs, improve transportation, health, infrastructure, energy, security, education, and special projects. One of the steps taken by the Council is to recommend that […]
The third edition of Puerto Rico Coctail week, planned for Nov. 14-20 at the La Concha Resort hotel in Condado will feature a dozen educational workshops for hospitality industry professionals and cocktails lovers, as well as social activities to present new products on the market and highlight popular cocktails, organizers said. The activities will feature […]
The Puerto Rico Ports Authority announced the start of what will be a $4 million to $5 million investment in a full upgrade of the fire suppression system in the Puerto Nuevo loading docks in San Juan. Ports Executive Director Joel Pizá confirmed that the first phase of the project is already underway, with the […]
Travel search engine KAYAK is bringing to Puerto Rico its online tools to help travelers experience the world, now in Spanish. KAYAK in Spanish was launched in July 2017 to serve the Hispanic audience in the United States, as well as 13 other countries and territories in Central and South America, making the full range […]
Web-users must be wary of how events play out in the virtual reality of cyberspace. Besides it not being a real world, there is also the danger of postings with manipulated facts and images. We will examine a few recent samples of how false images and data can easily sidetrack a web surfer who is […]
Low-fare carrier Frontier Airlines has officially launched nonstop flights from Jacksonville International Airport (JAX) to the Luis Muñoz Marín International Airport (LMM), after announcing it would bridge the destinations in August, as News is my Business reported. The new connection is expected to generate $13.1 million for the island during a year of operations, local […]
The US Small Business Administration backed 411 7(a) working capital loans for $89.3 million in Fiscal ’21, exceeding by 68% the $53.3 million on record for Fiscal ’20 for Puerto Rico, the agency confirmed. The agency also confirmed it saw an increased amount of 7(a) working capital loans in Fiscal ’21 — by count and […]
Colmena66 — a program of the Puerto Rico Science, Technology & Research Trust — is putting out an open call to register for the third annual Boricua Entrepreneur Fest (BE Fest), an entrepreneurship education event that “builds, connects and celebrates the island’s business ecosystem.” The BE Fest is an annual event designed for small and […]
Seven years since its last visit, the MS The World residential cruise ship will arrive today at Pier 4 in Old San Juan for a three-day transit stop, following a port agreement between the line, the Health Department, the Port Authority as required by the Centers for Disease Control and Prevention, Ports Executive Director Joel […]
The USDA Rural Development has awarded the Municipality of Juncos $23.7 million in grant funding to repair its landfill facilities that were damaged by Hurricane María in 2017, Luis R. García, acting state director for Puerto Rico, announced. The Juncos Municipal Solid Waste Landfill receives approximately 35,105 tons of non-hazardous solid waste every year. Hurricane […]
El Conquistador hotel in Fajardo announced the reopening of Ballyhoo’s restaurant, located at the property’s marina, following a $1 million renovation. The private investment includes a full kitchen remodel, expanding capacity for diners to accommodate 104 people, purchasing new furniture and raising the original ceiling. About 10 direct and 30 indirect jobs are created with […]
The Puerto Rico Treasury Department confirmed the seizure of 136 investment accounts in local and US brokerages held by delinquent taxpayers, amounting to more than $3 million. Agency Secretary Francisco Parés said the figure includes interest, surcharges, penalties, and garnishment costs. “This action coordinated by the agency’s Revenue Bureau stemmed from the failure of taxpayers […]
Private nonprofit health care provider HealthproMed announced a $1.5 million investment to open a primary care clinic on the island municipality of Vieques, which has a population of 9,000 and has been lacking medical facilities. The clinic located in the Isabel II sector will be staffed by a total of 25 health professionals, including clinical […]
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