Tourism execs: Puerto Rico needs to pump millions into infrastructure to compete
September 14, 2021
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 […]
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Retaining, luring back talent ‘key’ to making Puerto Rico ideal tech destination
September 14, 2021
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 […]
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$70M Puerto Rico Film District project dead 3 yrs. after unveiling
September 13, 2021
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 […]
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Parallel 18 alum HOKALI to open operations in Puerto Rico by December
September 13, 2021
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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Going from an idea to a project, and what happens along the way: UnderstHand
September 13, 2021
EDITOR’S NOTE: This post is a collaboration from Grupo Guayacán, as part of its 25 Days of Giving campaign. “We assumed many things about what the deaf community needs,” said Alondra Toledo. “We had done interviews and market studies. We were looking for solutions to a problem.” In essence, what Alondra and Joel Josué Colón […]
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USDA investing $537K in 11 renewable energy projects in Puerto Rico
September 10, 2021
The US Department of Agriculture will invest $537,363 in 11 renewable energy infrastructure projects in Puerto Rico, through one loan and 10 grants, to help rural communities, agricultural producers and businesses lower energy costs. The allocation to Puerto Rico is part of a global $464 million funding round that the agency announced for operations in […]
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Grupo Guayacán starts celebrating anniversary with ‘25 Days of Giving’
September 10, 2021
To celebrate its 25 years of service to the community of entrepreneurs in Puerto Rico, Grupo Guayacán is launching an extensive anniversary program focused on the success stories of its participants and the organization’s contributions to Puerto Rico’s economic development. Throughout its history, Guayacán has assisted more than 2,000 people and more than 720 companies […]
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Puerto Rico to host 13 conventions thru ’22, with $51M impact
September 9, 2021
The Puerto Rico Convention Center is set to host 13 meetings from November 2021 through October 2022 that are expected to draw about 23,000 attendees who will generate more than 58,000 room nights, representing a $51 million injection for the local economy. Jorge Pérez, regional manager for ASM Global, which manages the venue, said 2022 […]
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Estudios Técnicos: ‘Drastic increase in freight rates should force rethinking’
September 9, 2021
The dramatic increase in international maritime freight rates, which was triggered by the COVID-19 pandemic, should force a rethinking of cabotage laws and the issue of food self-sufficiency in Puerto Rico. That is the assessment presented by Economist José Joaquín Villamil, CEO of Estudios Técnicos Inc., in the firm’s publication, “ETI Trends.” “Since the onset […]
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Passenger traffic up 14.8% at Luis Muñoz Marín Int.’l Airport last month, vs. Aug. ’19
September 8, 2021
Total passenger traffic using the Luis Muñoz Marín International Airport (LMM) facility in San Juan showed a 14.8% increase in August, versus the same month in 2019, prior to the negative effects that the COVID-19 pandemic had on air traffic. Grupo Aeroportuario del Sureste, parent company of Aerostar — which operates the LMM — reported […]
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Veterans Affairs, Health Gorilla alliance may benefit 150K vets in Puerto Rico/USVI
September 8, 2021
Health Gorilla, a provider of health data in the United States, and the US Department of Veteran Affairs announced a public-private partnership that will supply all eligible veterans and their physicians access to complete healthcare records, allowing all parties to make more informed and timely decisions. The Veteran Affairs Caribbean Healthcare System provides services to […]
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Practical Techie: Chatbots, voice helpers to make a quick sale
September 8, 2021
A slick way of attracting traffic to an e-commerce website is to create small virtual social adventures for the visitor. Describe a product in your social pages in the most entertaining way possible and create a challenge. It’s all about a little communicational creativity and a small dose of digital magic. One available high-tech tool […]
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Amazon Web Services bets on cloud tech for Puerto Rico’s digital transformation
September 7, 2021
Amazon’s cloud computing company, Amazon Web Services (AWS), plans to continue applying data analytics and cloud computing to develop the economy and create education and natural disasters response programs in Puerto Rico, officials told News is my Business. Abby Daniell, public sector program manager AWS in Latin America, Canada, and the Caribbean, said in an […]
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Puerto Rico Public Health Trust launches Telehealth program for elderly adults
September 7, 2021
The Puerto Rico Public Health Trust, a program of the Puerto Rico Science, Technology and Research Trust, announced the launch of the Telemedicine for Elderly Adults (TMEA) program. The initiative, which uses TytoCare technology, aims to develop and implement Telemedicine and Telehealth services in long-term care facilities, or homes for the elderly and nursing homes. […]
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Puerto Rico Economic Dev’t Bank wants to turn PUA recipients into entrepreneurs
September 7, 2021
The Puerto Rico Economic Development Bank is looking to convert those who benefitted from the Pandemic Unemployment Assistance program into “entrepreneurs instead of employees,” agency President Luis Alemañy said. The Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, passed in 2020 created the PUA program through which thousands of individuals in Puerto Rico […]
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