Nonprofit organization Youth Development Institute is urging the Puerto Rico Department of the Family to urge the federal government to disburse some $30 million a month in funding approved in March, which have yet to be disbursed, to aid the island’s poor kids. The nonprofit blamed the federal government’s bureaucracy for the delay in funding […]
Looking to accelerate economic development on the grounds of the former Roosevelt Roads Naval Base in Ceiba, and launch new projects and strengthen the electrical infrastructure, the Department of Economic Development and Commerce (DDEC, in Spanish) announced it has chosen IBD Energy to develop and run a multi-user renewable energy microgrid for the area. Economic […]
ASM Global, operator of the Puerto Rico Convention Center, has partnered with privately-held wireless infrastructure firm Mobilitie to install 5G broadband connectivity to the venue in San Juan that hosts an average of 350 events and over 600,000 visitors per year. “Network connectivity plays a crucial role within the Convention Center and has been a […]
Puerto Rico Fast Ferries LLC, a company that has been providing supplemental services to the government’s Maritime Transportation Authority (MTA) for ferry connections between Puerto Rico, Vieques and Culebra, has filed a legal challenge against the recent 23-year public-private partnership concession granted to HMS Ferries Inc. to take over the operation. In a 56-page legal […]
Puerto Rico’s retail sales reached $3 billion in August, representing a 11.5% year-over-year increase, which government officials attributed to the economic reopening in the midst of the COVID-19 pandemic. This represents the third increase reported in retail sales so far in 2020, said Department of Economic Development and Commerce Secretary Manuel Laboy, citing the agency’s […]
[EDITOR’S NOTE: This post is an advertorial sponsored by Banco Popular de Puerto Rico.] In recent months, many companies and businesses have had to adapt their ways of working and sometimes reinvent themselves. Aware of the impact left by the COVID-19 pandemic, Popular continues its efforts to make life easier for business customers through the […]
Rumors and conspiracy theories constantly fly about like bats in the night through the powerful social media grapevine. The recent buzz is that our mobile phones are secretly spying on us. Hmmm. Wish we all were that important! The speculation was let loose when many smartphone users began to notice different colored dots appearing on […]
Donations to nonprofit organizations in Puerto Rico through Evertec’s “Donate” feature included in its ATH Móvil application have doubled to $3 million so far in 2020 and have brought the 1.5 million users closer to the sector, company officials said. Registrations of nonprofits in the ATH Móvil donation service and the amount of donations through […]
Having the world’s longest holiday season will work in favor of Puerto Rico-based retailers as they face a 13% drop in shopping intention this year compared with 2019, according to results from “Santa’s List 2020,” the fifth edition of the annual holiday consumer survey done by advertising agency Arteaga & Arteaga. The last big drop […]
Flanked by government officials, the owners of the future Kontel Adventure Hotel, a $720,000 eco-friendly property catering to kite surfers, broke ground on the property to be located on the beach in Santa Isabel. The brainchild of entrepreneurs Sandrysabel Ortiz and Miguel Vázquez will generate eight jobs during the construction phase that will begin in […]
Triple-S Vida announced its entry into the Florida and Texas markets to offer its cancer and life insurance products and “position itself as an affordable and reliable option for consumers seeking economic protection against life’s events.” “These two markets offer us access to broad Hispanic populations, as well as an introduction to other consumers. We’re […]
The Centers for Disease Control issued a warning over the weekend, telling people to avoid all travel to Puerto Rico, “as it may increase your chance of getting and spreading COVID-19.” The agency placed Puerto Rico on the highest level of threat of contagion — level four — where the incidence rate is more than 100 cases […]
CheckAlt, an independent provider of item and payment processing services in the U.S., and Banco Popular Puerto Rico, have extended and expanded their partnership to better serve the bank’s ATM users and create operational efficiencies with ATM reconciliation services. “We’re delighted to deepen our great relationship with BPPR and provide additional value for processing and […]
Under the theme “Makers Entrepreneurs,” the Centro Criollo de Ciencia y Tecnología del Caribe (C3Tec, in Spanish) announced the fourth edition of the Caguas Mini Maker Faire, which this year will be held virtually Dec. 4-5. Since 2006, the maker culture has held events around the world, where makers exhibit their works or projects, in […]
Forty-five new suppliers, including 12 women-led companies, will have the opportunity to sell their goods at Walmart Puerto Rico’s stores, after successfully participating in third edition of the “Open Call Puerto Rico” program, which seeks to support the growth of entrepreneurs who harvest or manufacture products locally. “We continue to strongly promote Puerto Rican companies […]
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