BetMGM expands sports betting to Puerto Rico at La Concha Resort
September 3, 2021
Casino del Mar at La Concha Resort andsports betting and iGaming company, BetMGM, announced a strategic partnership through which the latter will expand its retail and mobile sports betting offerings to Puerto Rico, marking its first market access agreement outside of the US mainland. “Paulson & Co. is always in search of innovation in services […]
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CienciaPR strikes multi-sectoral alliances to educate about COVID-19, vaccination
September 3, 2021
Recognizing the complexity of the response to the local COVID-19 epidemic in Puerto Rico, nonprofit organization Ciencia Puerto Rico has established more than a dozen multi-sectoral partnerships with other non-profits, community entities and government agencies. The goal is to strengthen the capacity of their responses, particularly around COVID-19 education, prevention, and vaccination promotion, using CienciaPR’s […]
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Marina Puerto Del Rey sold to Texas-based Safe Harbor Marinas
September 2, 2021
Marina Puerto del Rey, the largest marina in the Caribbean, has been sold to Texas-based Safe Harbor Marinas in a transaction that closed on Sept. 1, the buyer announced. The financial terms of the deal were undisclosed. “We are very excited to welcome Puerto Del Rey to Safe Harbor,” said Jason Hogg, chief investment officer […]
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Ponce gets $6.7M from FEMA to repair cultural facilities
September 2, 2021
The Enrique “Coco” Vicéns Recreational and Cultural Center, known as “La Guancha” in Ponce, received a $6.7 million allocation from the Federal Emergency Management Agency (FEMA), for permanent repairs, the agency announced. In addition to being a meeting place, the iconic complex in the island’s second-largest town is key for its economy. During regular operations, […]
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Op-Ed: Is the CDC openly discriminating against Puerto Rico, USA?
September 2, 2021
On Aug. 31, we were all surprised to see that the Centers for Disease Control, known as CDC, issued a warning against traveling to several worldwide destinations and two US territories Guam and Puerto due to an increase in coronavirus cases. The CDC raised Puerto Rico to what they refer to as “Level 4,” to […]
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Op-Ed: The beginning of the end of the Oversight Board begins with PRASA
September 2, 2021
In the government of Puerto Rico, we believe in coordination, rather than confrontation, with the Financial Oversight and Management Board (FOMB) to bring their mission to conclusion as soon as possible. In the case of the Puerto Rico Aqueduct and Sewer Authority (PRASA), the Administration of Gov. Pedro Pierluisi is convinced that PRASA’s successes should […]
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PRASA to deploy $46M in infrastructure upgrades
September 1, 2021
A trio of government agencies — the Puerto Rico Aqueduct and Sewer Authority, the Infrastructure Financing Authority (AFI, in Spanish), and the Health Department — announced the signing of an agreement to carry out $46 million in improvements to the water utility’s infrastructure. During a news conference, officials from all agencies confirmed that the money […]
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Walgreens will increase starting pay to $15/hr for all employees
September 1, 2021
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 […]
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Ports opens $3.7M Bravo runway at Ceiba regional airport
September 1, 2021
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 […]
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Oriental Bank supports SMEs
September 1, 2021
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 […]
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PRoduce raises $1.8M in capital to boost support of small farmers
August 31, 2021
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 […]
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Software engineering firm INVID’s 3-yr. growth centers on local, nearshore services
August 31, 2021
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, […]
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Practical Techie: Set up a virtual showroom for your wares
August 31, 2021
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 […]
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Walmart Puerto Rico testing curbside pickup service at Plaza Cayey store
August 30, 2021
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 […]
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Foundation for Puerto Rico donates $200K in telecom equipment to nonprofits
August 30, 2021
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 […]
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