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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Op-Ed: Birling Puerto Rico Stock Index beating Dow Jones, S&P 500 and Nasdaq
August 30, 2021
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 […]
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FCC grants $1.8M in telehealth program awards to 2 Puerto Rico providers
August 27, 2021
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 […]
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Boston Scientific to host free program to support entrepreneurs
August 27, 2021
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 […]
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COR3 leads sessions on how to maximize use of reconstruction funds
August 27, 2021
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 […]
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InvestPR launches ‘Impeller’ online tool to list business opportunities in Puerto Rico
August 26, 2021
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. […]
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Pandemic unemployment aid ends Sept. 4 after disbursing $9.6B in Puerto Rico
August 26, 2021
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 […]
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Ports completes $1.4M waterproofing project at Ponce’s Mercedita Airport
August 26, 2021
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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Triple-S Management to go private if sale to FL-based Guidewell closes
August 25, 2021
The $900 million acquisition of Triple-S Management Corp. by Florida-based Guidewell Mutual Holding Corp. will take the Puerto Rican insurer from a publicly traded to a private company, if the transaction is consummated in 2022. During a news conference with reporters a few hours after announcing the all-cash deal, Triple-S Management CEO Roberto García-Rodríguez said […]
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Pharma co. Romark waiting on FDA approval of COVID-19 treatment
August 25, 2021
Research-based pharmaceutical company Romark Global Pharma has completed a clinical trial that showed that a tablet it is manufacturing at its Manatí plant can prevent about 80% of hospitalizations caused by COVID-19 in high-risk patients, company CEO Marc Ayers confirmed. “We submitted data to the Food and Drug Administration in April and we’re now waiting […]
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Practical Techie: The reasons for good artificial intelligence
August 25, 2021
Cyber technology runs on the formidable sap of artificial intelligence (AI). This information revolution stems from an early 20th-century scientific premise that machines can think almost the same as humans, provided they are designed with proper artificial neurons. That is, ultrafast microchips that decode machine language. Recently, AI migrated to web marketing to give greater […]
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Triple-S Management to be sold to GuideWell in all-cash deal worth $900M
August 24, 2021
GuideWell Mutual Holding Corporation, a health solutions company and parent of Blue Cross and Blue Shield of Florida Inc., and Triple-S Management Corp. a health care services company in Puerto Rico, announced they will combine to transform the health care experience for their members in Florida and Puerto Rico. Under the terms of the definitive […]
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