Pharmacy chain Walgreens announced it will increase the starting hourly wage for all employees to $15 an hour, taking effect in phases beginning in October, expecting to fully implement it by Nov. 1, 2022. The pay raise will apply to Puerto Rico employees across Walgreens’ 106 stores, Eileen Ortega, director of operations for Walgreens Puerto […]
The Puerto Rico Ports Authority announced the opening of the Bravo taxiway at the José Aponte de la Torre de Ceiba Regional Airport, following an investment of more than $3.7 million in local and federal funds. The Bravo taxiway is one of the main access points for aircraft from and to the runway during take-off […]
Small and medium sized enterprises (SME) are often called the “backbone” of Puerto Rico’s economy. They account for 95% of the business on the island and almost half of all the jobs in the private industry, and they are key for stimulating entrepreneurship and developing a strong economy. That’s why we support SMEs. From special […]
PRoduce has received a $1.8 million capital injection led by the Semillero Partners fund to improve the consumer’s shopping and food experience, while increasing support for local entrepreneurs including farmers, fishermen, coffee collectors, and artisanal producers. The company selected Semillero Partners to lead the funding round because it is a local investment fund and because […]
Puerto Rican software engineering firm INVID, founded in 2003, has upheld its growth curve for the past three years with services offered to local and nearshore companies — in the US mainland — in need of custom software to solve business challenges. Alberto Lugo, president of INVID, said while 2020 was a “very challenging year, […]
Any commerce page on the web must sell well. It has no other use. Convert visitors into customers. Ensuring this functionality requires basic design strategies, superb content, and certain artistic magic, like that of top showcase decorators in real stores. BROWSE — The first approach is to ensure navigability. The word “browse” is used in […]
Walmart Puerto Rico has begun to quietly test its curbside pickup service for online purchases at its Supercenter in Plaza Cayey, to potentially introduce that new alternative to the Puerto Rico market, News is my Business learned. The store appears as the only one listed on Walmart’s website for Puerto Rico as a location where […]
As part of the initiatives to promote resilience in the island’s communities, the Foundation for Puerto Rico, through its Bottom Up Destination Recovery Initiative (Bottom Up) program, has delivered more than $200,000 in telecommunications equipment to more than 100 local nonprofit organizations and municipal agencies. The entities are in the regions that the Bottom Up […]
What is the Birling Capital Puerto Rico Stock Index? The Birling Capital Puerto Rico Stock Index is a market value-weighted index composed of five (5) companies with headquarters and/or primary domicile in Puerto Rico. All companies are listed on the national NYSE, AMEX, or NASDAQ exchanges. Birling Capital Puerto Rico Stock Index has a yield […]
The Federal Communications Commission (FCC) has awarded some $1.8 million in funding to two Puerto Rico-based healthcare service providers to jumpstart their telehealth initiatives, the federal agency announced. The Med Centro Healthcare System in Ponce was awarded $909,391 to finance network improvements and buy connected devices, such as laptops and tablets, to implement a telehealth […]
For the fourth consecutive year, Boston Scientific Dorado and The Growth Coach are joining forces in a collaborative partnership to continue their commitment to local entrepreneurs, through the Strategic Business Owner Program. The initiative is exclusively for business owners and will provide participants with the necessary structure and tools to develop their strengths and opportunities […]
The Central Office for Recovery, Reconstruction and Resilience (COR3) carried out a series of orientation sessions on the management of funds under sections 428 and 406 of the Federal Emergency Management Agency (FEMA) Public Assistance program. “We’re at an important moment in which agencies, municipalities and nonprofit organizations are developing new reconstruction projects, and there […]
In its ongoing bid to attract capital investment to the island Invest Puerto Rico, announced the launch of Impeller, an online hub for investment opportunities on the island. The proprietary tool provides a growing list of business opportunities for issuers and companies looking to access on- and off-island investment deals, InvestPR CEO Rodrick Miller said. […]
The Department of Labor and Human Resources announced the end of the benefits of temporary assistance programs such as the Pandemic Unemployment Assistance (PUA) and the Pandemic Emergency Unemployment Compensation after disbursing $9.6 billion in Puerto Rico in 18 months. “Today, some 130,000 unemployment and PUA claimants were notified, via email, about the imminent end […]
The Puerto Rico Ports Authority completed rehabilitating the waterproofing system in the passenger terminal of the Mercedita International Airport in Ponce, at a cost of $1.4 million, which was paid for with Federal Emergency Management Agency (FEMA) funds and the agency’s own money. During the passage of Hurricane María in September 2017, the Mercedita Airport […]
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