US Small Business Administration Associate Administrator Bibi Hidalgo, head of the federal agency’s Office of Government Contracting & Business Development, is visiting Puerto Rico early this week, the agency announced. Her visit is part of a national tour highlighting the United States’ economic recovery focused on boosting manufacturing, engaging socially and economically disadvantaged businesses on […]
Plaza Las Américas and Macy’s Backstage announced the upcoming opening of the first Macy’s Backstage store in Puerto Rico, on Nov. 20, in time for the busy holiday shopping season. Macy’s on-mall, off-price pop-up store will be located on the second level of the space previously occupied by Borders and will have approximately 14,000 square […]
The Puerto Rico Aqueduct and Sewer Authority (PRASA) will open bids for 11 infrastructure projects in December, whose total investment approaches $176 million, government officials said. The list of projects includes improvements to the raw water intake located in the Río Grande de Añasco, the completion of the rehabilitation of the Cidra dam, the design […]
The Internet Corporation for Assigned Names and Numbers (ICANN) announced that it will no longer hold its in-person ICANN73 convention in Puerto Rico on Mar. 5-10, 2022, going virtual instead, citing “continuing impacts of the COVID-19 pandemic.” The ICANN Board of Directors — which first announced plans to come to the island in 2019 — […]
Healthcare services company Triple-S Management Corp. announced net income of $8.2 million, or $0.35 per diluted share, for the third quarter ended Sept. 30, compared with $23.6 million, or $1.02 per diluted share, in the prior year period. Adjusted net income stood at $9.6 million, or $0.41 per diluted share, during the most current quarter, versus $14.2 million, or $0.61 per diluted share, in the period in […]
Puerto Rican boxer Félix “Tito” Trinidad-García and his father, Juan Félix Trinidad-Rodríguez, are suing Popular Inc. — parent company of Banco Popular de Puerto Rico — for no less than $175 million in damages. In the lawsuit filed in the US District Court for the District of Puerto Rico, the Trinidads are “seeking fair and […]
Discover Puerto Rico, the island’s Destination Marketing Organization (DMO), will use $50 million in American Rescue Plan Act funds (ARPA) during 2022 and 2023 to expand the marketing campaign throughout the US mainland and boost promotions beyond the already developed international markets. Discover Puerto Rico Chief Marketing Officer Leah Chandler confirmed the information during a […]
Viva Air, Colombia’s low-cost carrier that is part of Grupo Viva, has received the go-ahead from the country’s aviation authority to begin flying from Bogotá and Medellín to the Luis Muñoz Marín International Airport (LMM) in Carolina. As News is my Business first reported late last month, the two direct routes were part of a […]
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 […]
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