EDITOR’S NOTE: This post is a collaboration from Grupo Guayacán, as part of its 25 Days of Giving campaign. It’s hard to resist a hot, frothy, fragrant cup of coffee served at the perfect time. Coffee lovers will understand. Therefore, we may think that the business of serving coffee has assured success. But this is […]
The US Economic Development Administration is awarding a $16 million grant to Ecoexploratorio, Inc., San Juan, Puerto Rico, to construct a disaster preparedness, recovery education, and training center and ensure continuity of operations during natural disasters. The EDA grant will be matched with $4 million in local investment, said US Secretary of Commerce Gina M. […]
The Puerto Rico Tourism Company announced the certification of eight new Puerto Rican companies in its Agrotourism Program, for which they also received an incentive of $3,000 and participated in two workshops on Agrotourism in the Digital Era. The eight certified companies are: Hacienda Chocolat in Fajardo; Hacienda Verde Tahiti in Cabo Rojo; La Finca […]
Employers of specific private sector industries can now access the link in their SURI accounts to request the payment of additional compensation, or Premium Pay, for employees who meet the eligibility requirements, Treasury Department Interim Secretary Ángel Pantoja-Rodríguez said. The $2,000 Premium Pay payment comes from a $200 million fund allocated by Gov. Pedro R. […]
Puerto Rico’s short term economic performance is “overshadowed by a large cloud of uncertainty,” as the island’s government concurrently addresses the impacts of three systemic shocks: the COVID-19 pandemic; Hurricane María; and the central government’s bankruptcy, said Sergio Marxuach, Center for a New Economy’s Policy Director and Editor of the think tank’s publication: The CNE […]
The Puerto Rico Ports Authority and LMA Aviation signed a 10-year lease for the use of facilities at the José Aponte de la Torre de Ceiba regional airport, it was announced. LMA Aviation is a Fixed Base Operator (FBO) that offers complete fuel services at that eastern-region airport, as well as ground handling services and […]
With an investment of $1.4 million and applying the “most advanced technology and infrastructure,” Puerto Rican global transportation and logistics services company, Prime Air Corp. began the construction of its second temperature-controlled warehouse in the cargo area of the Luis Muñoz Marín International Airport. The facility seeks to supply the growing demand from pharmaceutical companies […]
As part of the activities to mark “Manufacturing Week 2021” locally and in the US mainland, Puerto Rico Manufacturing Extension Inc. (PRiMEX), held a round table with business leaders, who discussed the opportunities and how the manufacturing of the future will be built. Leaders agreed that Puerto Rico needs to maintain the existing manufacturing industry, […]
The Puerto Rico Science, Technology and Research Trust in agreement with the Information Systems Audit and Control Association (ISACA) announced it will offer for the first time a professional certificate in emerging technologies. The session provides training, practice, and examination in emerging sectors such as cloud, IoT technology, blockchain and artificial intelligence. This certificate is […]
The Mennonite Health System unveiled its new Specialized Rehabilitation Unit at its Caguas hospital, which will soon begin to offer services to manage the recovery of patients whose functionality has been affected by a health condition. The hospital system also announced that a new and remodeled Intensive Care Unit is already in operation. Both projects […]
U.S. Small Business Administration Administrator Isabella Guzman announced the launch of two Women’s Business Centers (WBC) in Puerto Rico, at the Ana G. Méndez University in Gurabo and Friends of Puerto Rico. Guzman — who kicked off National Small Business Week, which runs Sept. 13-15, during her first visit to Puerto Rico — confirmed the […]
Puerto Rico has all of the attributes needed to compete with the most popular tourist destinations in the world, but it needs to make significant investments to attractions islandwide and its capital city of San Juan, tourism executives agreed during a panel discussion at the San Juan Economic Forum. “Tourism is based on experiences and […]
Puerto Rico has a “significant need” to retain its existing human talent and to find ways to lure back those who have left, to guarantee its place among the world’s ideal innovation and technological destinations, several private-sector representatives who are either entrepreneurs or help those who are up-and-coming, agreed. During a panel discussion on the […]
Three years after the much-touted $70 million Puerto Rico Film District project in Miramar was announced in 2018, the pre-development agreement between the government and British businessman Keith St. Clair has been terminated, meaning the end of the venture, News is my Business has learned. Puerto Rico Convention District Authority Executive Director Mariela Vallines confirmed […]
HOKALI — an application that helps schedule classes with sports teachers — one of startup accelerator parallel18’s successful projects, will expand services to the island by mid-December with its surfing lessons to beach areas like Rincón and downtown San Juan. The app currently is dedicated to surfing, but the expectation is to add kite surfing, […]
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