In a new initiative, Google Arts & Culture has teamed up with Lin-Manuel Miranda and Luis Miranda Jr. and a network of museums in Puerto Rico to bring the island’s artworks together online for the first time. More than 350 artworks have been posted online, with dozens captured in ultra-high resolution by Google Arts & […]
Wireless carrier T-Mobile announced plans to light up nationwide 5G on Dec. 6, covering more than 200 million Americans and more than 5,000 cities and towns across the country, including areas in Puerto Rico. In a press release, the carrier also unveiled a three-pronged strategy for customers to make the most of the next-generation network […]
Liberty Puerto Rico reported revenue and subscriber growth for the third quarter and nine-month period ending on Sept. 30, 2019 and announced upcoming plans to launch new services by year’s end. In its report, the company revealed it added 6,300 customers in the third quarter and 33,100 so far this year. This growth was mainly […]
Call centers operator Commsense is marking its fifth anniversary on the island with an aggressive job creation plan to continue developing its operations in Aguadilla, Johanna Stien, vice president of operations, confirmed. “We’ve been successful thanks to the quality of the talent that we managed to recruit in the area and to the clients who […]
Although Puerto Rico’s retail sales registered a 14% increase in 2018, it has seen a 4% drop so far this year, which is why the sector emphasized the importance of the government’s decision to pay the Christmas bonus to public employees. Gov. Wanda Vázquez confirmed this week that public employees will receive their stipend, which […]
TransformCo, parent company of Sears and Kmart announced an additional eight Sears and Kmart stores will be closing in Puerto Rico. The closure, which includes five Kmart and three Sears, responds to part of the restructuring and transformation process through which the store chain has been working for the past year. The stores closing include […]
After the gradual recovery it showed after Hurricane María’s destruction to the island in 2017, the tourism industry is already exhibiting its potential to become a main player in Puerto Rico’s economic upturn, a study commissioned by the Puerto Rico Hotel and Tourism Association confirmed. Hotel registrations increased to 1.58 million in August 2019, compared […]
The current phase of Puerto Rico’s post-disaster recovery will be defined primarily by the urgent need for housing, a panel of local and international experts convened by the Center for a New Economy to discuss housing policy in post-disaster contexts. Federal funding, such as the Community Development Block Grant-Disaster Recovery (CDBG-DR) funds, will be instrumental […]
Global competition is exceedingly moving companies that want to continue developing need to improve and diversify their product and service offerings. To achieve that, it makes sense to invest time and effort to stay current. Such were some of the conclusions of a roundtable headed by the Puerto Rico Science, Technology and Research Trust, the […]
Puerto Rico’s economy could “greatly benefit” at the structural level with the opportunities brought by technologies such as the cloud or artificial intelligence, which could boost its GDP to 3.8% in the next decade, according to a study presented by Microsoft Corp. “The impact of AI on the Puerto Rico labor market” is a study […]
Maritime transportation company Ferries del Caribe, which connects Puerto Rico and the Dominican Republic, confirmed its plants to build a new 50,000 square-foot terminal at Pier 15 in San Juan, owned by the Puerto Rico Ports Authority. The two parties signed a development agreement through which Ferries del Caribe will build out the $15 million […]
As part of its commitment to small- and medium-sized business, Oriental confirmed it has granted a $1.5 million loan Eventiu Corp. for the development of the SportLand Center multipurpose complex. SportLand Center will be the first and only indoor multi-purpose sports complex with air conditioning in Puerto Rico, company officials said. It will feature four […]
The Committee on Collaborative Economics met recently to discuss pressing issues that will give continuity to the work underway to create a procedural framework that enhances the development of this economic sector quickly, consistently and in a transparent manner, Economic Development and Commerce Secretary Manuel Laboy announced. “It is expected that by 2025 the collaborative […]
The Bravo Family Foundation — a philanthropic entity founded by Puerto Rican businessman Orlando Bravo — announced an open call for its Rising Entrepreneurs Program, one of the foundation’s key initiatives, that promotes entrepreneurship among Puerto Rican youth. Those interested in participating must fill the online application no later than Friday, Dec. 6, 2019. “This […]
The Rafael Hernández Airport in Aguadilla registered a record number of passengers through. October, beating the total number of arrivals during the 12 months of 2018, Puerto Rico Tourism Company Executive Director Carla Campos said. So far, 617,000 passengers have arrived at this northwest airport, exceeding the 608,000 reached during the full year 2018, without […]
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA