Out-of-stock, higher pricing, empty shelves, longer shipping times, rising shipping costs, and labor shortages, and now the Christmas season is adding the Black Friday specials. All these issues act in tandem, impacting the once stable producer/consumer relationships into a twilight zone. The preferred response by most is that the Global Supply Chain is both weak […]
Miami-based Grand Havana Cafe announced it has entered negotiations with AM:PM City Market Corp. to acquire its business portfolio in Puerto Rico, which includes locations in Isla Verde and Hato Rey. After the closing — expected to happen during the first semester of 2022 — the shops will be converted into Grand Havana Cafes, company […]
The Center for a New Economy (CNE) is incorporating the topic of higher or post-secondary education in its work agenda, for which it has added an expert who in an analysis concluded, among other things, that higher learning in Puerto Rico cannot be tied to election cycles. In her first analysis for the think-tank, titled […]
The Federal Emergency Management Agency (FEMA) allocated more than $24.4 million during October and November to repair and reinforce several schools in Puerto Rico’s southern and western regions that experienced structural damage caused by the 2020 earthquakes. To date, more than $142 million has been obligated to the Puerto Rico Education Department for 115 permanent […]
Hotel room reservations for the week that covers the end of 2021 are 41% higher than those registered for that same time in 2019, according to data from TravelClick, cited by Discover Puerto Rico. This increase coincides with when Puerto Rico will host Dick Clark’s New Year’s Rockin’ Eve, an event that will expose the […]
While Puerto Rico’s entrepreneurs have faced an “atypical” 2021, it’s also been a “stabilizing time,” for which local trade organization Empresarios Por Puerto Rico will move ahead with a strategic plan to continue developing local companies for the upcoming year. “We’re a young organization, and we’re going to take every opportunity to solidify ourselves and […]
The world is slowly waking up from the long pandemic lockdown and travel is fast becoming once more a trendy habit. Sustainable tourism is the new norm. The World Tourism Organization defines sustainable travel as tourism that takes full account of its current and future economic, social, and environmental impacts on the environment. It is […]
The Puerto Rico Science, Technology, and Research Trust announced the launch of its new initiative, Fase1, a free virtual program that offers educational modules with short courses on entrepreneurship. The program, which is also part of the Puerto Rico Housing Department’s Small Business Incubators and Accelerators Program, under the CDBG-DR funding program, will be divided into two parts. The […]
Puerto Rico-born reggeatón pioneer and multiple award-winner Daddy Yankee — who has built a worldwide community of followers — is inviting his fans to see his home that inspired his success, and where he’s simply known as Ramón Ayala. This fall, while he’s on the road, Daddy Yankee is becoming an Airbnb host and inviting […]
WAPA TV is joining Evertec’s “ATH Móvil for Puerto Rico” initiative to promote the growth of nonprofit organizations on the island. To mark the recent re-launch of the ATH and ATH Móvil brands, the companies came together to launch the “ATH Móvil for Puerto Rico Week” with a contest in which nonprofits registered to receive […]
“Aquí Nos Cuidamos,” a community engagement project run by nonprofit organization Ciencia Puerto Rico (CienciaPR), was named “Breakthrough of the Year 2021” in the category of Science Engagement at the Falling Walls Science Summit, held Nov. 7-9 in Berlin, Germany. This award honors the most outstanding project breaking the wall between science and society. In […]
Foundation for Puerto Rico (FPR) announced the development of the Destino 191: El Yunque del Caribe project, an initiative co-designed with community leaders which seek to develop and implement an innovative plan to revitalize and promote Route 191 in Cubuy, Naguabo as a “vibrant destination” that provides a second entrance to El Yunque National Forest. […]
At present, the number of Puerto Ricans in leading positions on e-commerce platforms is increasing. In the case of Amazon, there are outstanding executives, including three professionals from Puerto Rico whose leadership styles have made a great impact on the performance of the departments they lead and, thus, the entire company. It is well-known that […]
With an investment of $3.2 million, the municipality of San Juan will begin the reconstruction of more than 60 sports facilities and parks in 50 communities of the Capital City, San Juan Mayor Miguel Romero said. Romero said the project’s financing will be split between a $2.4 million allocation from the Federal Emergency Management Agency’s […]
San Juan-based High-Trend International (HTI), — a firm that develops smart city and public lighting infrastructure projects “to create smarter, safer, and more sustainable cities” — along with its Brazilian joint venture High Trend Brasil (HTB), announced the closing of $165.5 million of long-term financing to fund the completion of its Rio de Janeiro Smart […]
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