The Mennonite Health System announced it has connected and started the exchange of data with the Health Department’s Puerto Rico Health Information Exchange (PRHIE) system, which pursues the interoperability of clinical systems in real time for public health purposes and continuity of patient care, as needed. “The Mennonite Health System continues to direct its operation […]
Four months after announcing it had entered into an agreement to acquire Puerto Rico-based MMM Holdings, LLC and its Medicare Advantage (MA) plan MMM Healthcare, LLC., Indianapolis-based Anthem Inc. confirmed the deal has closed. “We’re pleased to complete the acquisition of MMM and work with our new colleagues to serve Medicare and Medicaid-eligible individuals and […]
ORLANDO, FL — The new and unique restaurant Pigzza in this Central Florida city is a combination of energy, passion, and international food of two adventurous friends and owners of Pig Floyd’s Urban Barbakoa and Stasio’s Italian Deli & Market. They expect to open it next September or October, they confirmed. The restaurant will be […]
Web players are fast becoming footloose as the 2020 pandemic slowly loses its grip on humanity. At least 70 countries are fully open to travelers and tourists this summer. The rollout of vaccines and resulting herd immunity is the game-changer. Many travelers now hopefully can resume canceled plans or even map out a whole new […]
Five years after the approval of the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA), the objectives, achievements and successes attained fall short, the Center for a New Economy concluded in the latest edition of its “CNE Review.” In it, the CNE examines PROMESA since its enactment in June 2016, makes an inventory of […]
The Census Information Center at the University of Puerto Rico’s Cayey campus recently published an analysis of net emigration estimates between Puerto Rico and the United States from 2011 to 2020, which put that number at 550,421 people. The estimates are based on surveys that the US Census Bureau conducts in the United States and […]
The Federal Emergency Management Agency (FEMA) announced it has approved some $25.6 billion in federal funds for more than 8,000 recovery projects associated with the damages Hurricane María caused in Puerto Rico in 2017. The total projects with funds allocated so far includes debris removal and emergency protection measures granted at the beginning of the […]
The Department of Economic Development and Commerce’s (DDEC, in Spanish) Film Industry Development Program has already assigned the full $38 million in tax credits available for Fiscal 22 to just four productions, before the start of the year on July 1, News is my Business confirmed. The situation has surprised local industry executives and drawn the attention of […]
Urban Edge Properties announced it has signed leases with Walgreens, Global Mattress and Arby’s for a new parcel currently under development at The Outlets at Montehiedra in San Juan. This development, adjacent to K-mart, will feature a 10,305 square-foot Walgreens, a 3,695 square-foot Global Mattress in a single building and on the same parcel. Arby’s […]
Puerto Rico’s retail sales exceeded $3 billion in March 2021, reflecting a 49.6% year-over-year increase, the Department of Economic Development and Commerce (DDEC, in Spanish) confirmed. The agency’s most recent retail sales report shows this is the 10th consecutive sales increase recorded at an annual rate. Sales for March 2020 were recorded at a little […]
The Puerto Rico Ports Authority broke ground on the reconstruction of the Benjamín Rivera Noriega airport in Culebra and unveiled the recently completed improvements to the island municipality’s cargo dock. The projects represent a combined investment of $21.8 million. Ports Authority Executive Director Joel Pizá said the $7.4 million bid process for the airport project, […]
A survey of some 400 entrepreneurs conducted by nonprofit Colmena66 revealed that 21% of participants confirmed they are self-employed due to financial need, 28% work a full-time job while promoting their business, 33% stressed the lack of available financing, and 67% are not exporting, so they have lower income than those who are. Colmena66 — […]
The College of Engineers and Surveyors’ Institute of Civil announced its upcoming summit, the Mega Viernes Civil 2021 (MVC 2021), which returns to its in-person format on July 16, at the Puerto Rico Convention Center in Miramar. Under the slogan of “Ruta al Futuro,” the event will present a sweeping academic, highly technical lineup featuring […]
Orlando Bravo, founder and managing partner of private equity firm Thoma Bravo, today announced a $250,000 donation from his Foundation, the Bravo Family Foundation, to the Support Surfside fund. The Bravo Family Foundation’s donation will support temporary housing for displaced families before insurance arrives, and therapy for those victims. This donation is in addition to […]
The jobs and economic impact anticipated by the Puerto Rico government never materialized. From being an instrument to attract millionaires and foreign investment, Act 22 went on to become a haven for cryptocurrency fans, YouTube personalities and consultants. By Luis J. Valentín Ortiz, Joel Cintrón Arbasetti and Dalila M. Olmo LópezCenter for Investigative Journalism A […]
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