The development plans for the former government-owned Sears property in Hato Rey, sold for $11.6 million last year, call for establishing a five-building residential complex, this media outlet confirmed. According to the proposed plans submitted by the property’s owner, Puerta de San Juan LLC. to the government’s Permits Management Office, the housing complex will comprise […]
Following the devastating passage of Hurricane Dorian through the Bahamas, Popular and MasterCard unveiled separate effort to aid the island nation’s recovery efforts. Popular announced the start of the “Puerto Rico Abraza Bahamas” campaign to raise funds through a bank account (030142822) or through ATH Móvil, by selecting the option Donate to/FundacionBPPRBahamas. “The destruction caused […]
Although Puerto Rico’s image among travel advisors is weaker than that of the perception among consumers, there is a “tremendous amount of interest from travel advisors in learning more about the new Puerto Rico, thus presenting a major opportunity for the Island.” So said American Society of Travel Advisors CEO Zane Kerby, in Puerto Rico […]
The Puerto Rico Institute of Statistics is actively reorganizing its internal operations and on Tuesday opened the call for a new executive director who should be in place by November, Board Chair Arnaldo Cruz said. During a news conference at the agency, Cruz said the restructuring began when former Executive Director Mario Marazzi stepped down […]
The Puerto Rico Convention Center, operated by AEG Facilities, said Fiscal 2019, which ended June 30, was the “most successful year in its 14-year history,” with an increase in total attendance of 26% year-over-year. In all 644,000 visitors came through the Convention Center’s doors last year, representing the highest volume in comparison to the previous […]
Startup accelerator parallel18 has amplified its resources network by joining Google Developers Launchpad’s select group of regional partners, it announced. The collaboration not only grants access to Google’s global network but also encourages sharing insights and best practices between startup ecosystem catalyzers from around the world, parallel18 officials said. Google Developers Launchpad is a branch […]
A number of private companies announced the steps they will take to help the Bahamas, where a number of its islands were ravaged by Hurricane Dorian, leaving a trail of death and destruction. Evertec Inc. will donate $100,000 for hurricane relief efforts, said CEO Mac Schuessler. “Hurricane Dorian is a devastating natural disaster in the […]
A Puerto Rican will lead the team that will manage the operations of El Distrito, the main entertainment complex in Puerto Rico, currently under construction in the Convention Center District in Miramar, project developer CEO Federico Stubbe, Jr., said. The head of PRISA Group, one of the partners developing the $125 million complex along with […]
The Guaynabo municipal government is finalizing the details of what will be the new Guaynabo Development Enterprise Corp. to oversee the development of more than $100 million in projects. Guaynabo Mayor Ángel Pérez confirmed that the ordinance creating the entity should be approved this week, after being discussed in public hearings. When it comes online, […]
Airbnb has activated its Open Homes program to help displaced residents and relief workers deployed to the regions impacted by Hurricane Dorian. The Open Homes Program recruits hosts who are willing and able to provide their homes for free to displaced residents and disaster relief workers in the activation area including Puerto Rico and the […]
With the goal of reducing the number of injuries, illnesses and prevent deaths in the workplace, the State Insurance Fund, the Department of Labor and Human Resources and the Puerto Rico Occupational Safety and Health Administration signed an agreement that, among other things, will help industries with a high incidence of injured employees and/or occupational […]
The Maritime Transportation Authority will extend for another year its contract with Puerto Rico Fast Ferries to provide service between Puerto Rico and its island municipalities of Vieques and Culebra. However, the contract will be modified, as the government will commission the private operator for three vessels, rather than the current four, for $10 million, […]
The Federal Maritime Commission has approved an agreement allowing Luis A. Ayala Colón and Puerto Rico Terminals (PRT), an affiliate of Tote Maritime, to form Puerto Nuevo Terminals (PNT) to operate a marine terminal and provide container stevedoring, terminal and related services in the Port of San Juan. “This agreement will allow the parties to […]
Puerto Rico millennials — people between the ages of 23 and 38 — have the 5th highest average auto loan debt among all U.S. jurisdictions at $22,205, according to a new study by Experian. “While millennials’ auto debt is the fastest-growing of any generation, they still owe less on their auto loans than the national […]
Faced with the changes the world is experiencing given the advances in technology, the traditional education model must be transformed to one of lifelong learning so that individuals are always prepared and ready to effectively adapt to changes in their work and community environment. Singapore, recently named the most competitive country in the world by […]
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