San Juan Superior Court strikes down adult gaming machine regulations
July 16, 2021
The San Juan Superior Court has struck down several regulations related to the operation of adult gaming machines outside government-approved hotel casinos, as a resolution to a lawsuit filed by Electronic Games Inc. against the government of Puerto Rico last year. In her decision dated July 14, 2021, Superior Court Judge Glorianne M. Lotti-Rodríguez declared […]
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Florida Bakery marks 1st year in Central FL with plans to open new location in ’22.
July 16, 2021
Orlando, FL — Puerto Rican couple Rafael Román and Kiara Delgado, owners of Florida Bakery & Restaurant are determined to bring their delicious ‘pan sobao’ and menu to one of the fastest growing areas in Central Florida, known as Lake Nona. On July 15, 2020, they opened their first store in Kissimmee, in the heart […]
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CDC downgrades COVID-19 risk in Puerto Rico to ‘moderate’
July 16, 2021
The U.S. Centers for Disease Control and Prevention (CDC) has downgraded the risk of contracting COVID-19 in Puerto Rico to Level 2, or “moderate.” This means that individuals who are fully vaccinated may travel to the island without restrictions, Discover Puerto Rico confirmed. “The news bodes well for Puerto Rico’s tourism industry, which is already […]
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Amazon launches Natural Disaster Resilience Project for Central America, Caribbean
July 16, 2021
Amazon Web Services Inc., a business of Amazon.com Inc., announced Project Resilience for Central America and the Caribbean. As part of the AWS Disaster Response Program, Project Resilience supports organizations that may be affected by natural disasters and whose business continuity is critical to community resilience. In preparation for the hurricane season, AWS will offer […]
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GP Strategies sues 4 Puerto Rico towns to collect nearly $3.7M in unpaid fees
July 15, 2021
GP Strategies, a firm dedicated to providing solutions to improve organizational effectiveness, is suing four Puerto Rico municipal governments for non-payment of some $3.7 million, News is my Business learned. In separate lawsuits filed at the Superior Courts in San Juan, Caguas, Carolina and Mayagüez, GP Strategies basically exposes the same cause for going after […]
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Puerto Rico’s Economic Activity Index shows Y-o-Y increase of 7.9% in May
July 15, 2021
Puerto Rico’s Economic Activity Index (EDB-EAI) for May 2021 reached a maximum level of 119.4 points representing a year-over-year increase of 7.9%. When compared to the previous month, the index rose by 0.2%, Luis Alemañy, president of the Puerto Rico Economic Development Bank, which produces the report, confirmed. The EDB-EAI contracted 5% in 2020, reaching […]
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Marvel International Inc. backs local basketball league with 1st-time sponsorship
July 15, 2021
Marvel International Inc., a subsidiary of B. Fernández Holdings Inc., announced the production of a special collectible box of its familiar hamburgers El Gordito as part of its sponsorship agreement with Puerto Rico’s basketball league. The company employs 50 people at its production plant in Guaynabo who produce over 150,000 pounds of meat, soups, stir […]
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Tru by Hilton opening 2 hotels in Puerto Rico by ’23
July 14, 2021
Tru by Hilton, the hotel chain’s midscale brand will make its Puerto Rico debut in 2023, when it will fly its flag on two hotel properties set to be built in San Juan and Arecibo, the company confirmed. Both properties will be independently owned and operated, but the names of the developers were not disclosed, […]
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Co-owners of Fairmont El San Juan Hotel buy Palmas del Mar resort
July 14, 2021
A partnership co-owned and managed by LionGrove has acquired the Wyndham Candelero Beach Resort from Palmas Hill Partners, LLC. The property is being rebranded as the Wyndham Palmas Beach and Golf Resort. An affiliate of LionGrove will manage the resort. The financial terms of the deal were undisclosed. LionGrove is the co-owner of the Fairmont […]
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11 firms interested in developing ‘spaceport’ at Ceiba airport
July 14, 2021
The Puerto Rico Ports Authority announced it has stirred interest from 11 aerospace firms interested in becoming a master developer of services to establish a “spaceport” at the José Aponte de la Torre regional airport in Ceiba. Ports Authority Executive Director Joel A. Pizá-Batiz said the Request for Information (RFI) began in March, and 27 […]
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Puerto Rico public schools to serve locally harvested products
July 13, 2021
The Puerto Rico Agriculture Department and the Education Department have reached an agreement through which public school lunchrooms will serve locally harvested products when students return to the classrooms in August, the agencies announced. The contract represents some $30 million in annual purchases that will benefit some 300 farmers, News is my Business confirmed. Funding […]
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RB’s Puerto Rico opens 1st local Arby’s restaurant in Cayey
July 13, 2021
Local franchisee RB’s Puerto Rico officially opened the first Arby’s— a US-based drive-thru sandwich chain — on the island, in the mountain town of Cayey, where it is generating 40 new jobs. Company officials refrained from revealing the investment made in the new 2,600 square-foot restaurant that will feature Arby’s iconic sandwiches, wraps, sides, and […]
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Pierluisi designates Marrero to Secretary of State post
July 13, 2021
Gov. Pedro Pierluisi announced the designation of Omar Marrero as Secretary of State, who if confirmed, would steer two government offices. Marrero, who is currently the executive director of the Fiscal Agency and Financial Advisory Authority (AAFAF, in Spanish), working directly with the Financial Oversight and Management Board for Puerto Rico to finish the restructuring […]
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Practical Techie: Virgin Galactic ushers in private space flight
July 13, 2021
On Sunday, July 11, 2021, Virgin Galactic made aerospace history when it launched Unity 22 into the skies over southern New Mexico with five crew mates aboard, including company founder Sir Richard Branson. The British empresario became the first billionaire to launch into space. The 70-year-old Branson is now the second oldest person in space, […]
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State Insurance Fund Corp. exceeds operational savings required by OBoard
July 12, 2021
The State Insurance Fund Corp. (State Insurance Fund Corp., in Spanish) confirmed it exceeded by $1.2 million the savings that the Financial Oversight and Management Board for Puerto Rico required for its operating budget for Fiscal 2021. So said CFSE Administrator Jesús M. Rodríguez-Rosa, confirming that the Oversight Board required the corporation to achieve spending […]
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