MCS executives will join industry experts in the 2019 Puerto Rico Health Insurance Conference on April 5 to discuss from the private sector’s perspective some of the most controversial challenges impacting the industry, and how they can be addressed, organizers announced. In response to the many challenges stemming from current federal underfunding policies, the healthcare […]
Two years since its conceptualization, the Health Industry Information Platform mobile app has been launched in Puerto Rico to gather sector information and put it in the hands of physicians with private practices. Salvador Rovira, who heads the initiative, said the information will also benefit hospitals. About $150,000 in private investment was made to establish […]
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“Season of the Witches,” a psychological thriller produced and directed by an all-women team of film industry professionals, will be rolled entirely in Puerto Rico this summer, this media outlet confirmed. The project has a “micro budget” of less than $3 million, which will go toward hiring a local crew of producers and actors, and […]
The Central Office of Recovery, Reconstruction and Resiliency, known as COR3, announced the disbursement of more than $237 million to several municipalities and government agencies, representing the first transaction after assuming the duties from the Federal Emergency Management Agency. COR3 Executive Director Omar Marrero said the disbursements were achieved in compliance with federal policies and procedures […]
The Tax Affairs committee of the Puerto Rico Chapter of the Association of General Contractors of America (AGC-PR) asked the Treasury Department and offered its help to establish clear and uniform rules for the application in the construction industry of certain adopted changes under the Tax Reform of 2019. This request was made at the […]
The Puerto Rico Science, Technology and Research Trust announced the creation of the Puerto Rico Public Health Trust to work in partnership with multiple sectors including governmental agencies, communities, the health care delivery system, businesses, media and academia. The Science Trust was designated by the Puerto Rico Legislature as the Puerto Rico Public Health Institute […]
Puerto Rico Gov. Ricardo Rosselló introduced legislation to regulate sports gambling on the island, which is expected to attract visitors and improve the economy, he said during a news conference. The legislation includes a reorganization with a new public policy in favor of gambling. In anticipation of unveiling the bill, the government referred to two […]
Aurora Angel Network, a group of angel investors created in January 2019, announced its first investment of $210,000 in Zomio Inc., a Puerto Rico-based security company that develops smart technology. Aurora is comprised by a group of executives and entrepreneurs whose mission is to invest in the growth of innovative and scalable start-ups to create […]
JetBlue launched its annual “GreenUp” campaign which highlights the airline’s commitment to local environments. In celebration of Earth Month, JetBlue seeks to help its customers to educate themselves, and join the airline in donating and volunteering with non-profits working to preserve natural spaces. In San Juan, JetBlue crewmembers will participate in a variety of events, […]
This is the time of the year in which individuals receive financial information to prepare their individual income tax return. Understanding what changes were enacted through new legislation, and how each affects each particular situation, is not an easy task. Therefore, be aware of relevant changes applicable to tax years beginning after Dec. 31, 2018, […]
T-Mobile CEO John Legere confirmed he will be in San Juan today to meet with employees during its “Winners Circle Puerto Rico” event, which will take place all week. This is the first time T-Mobile celebrates the companywide affair in Puerto Rico, which will bring some 1,500 employees to the island, including other high-ranking company […]
Starbucks Puerto Rico unveiled its new “Starbucks Express,” mobile coffee shop concept — the first of its kind in Latin America and one of the few in the world, company executives said. Starbucks Express joins the 26 stores that the company has on the island. Weighing in at 16,000 pounds and measuring 32 feet long […]
Last month, the Puerto Rico Electric Power Authority filed its long-anticipated integrated resource plan – a 20-year plan for the transformation of the island’s power generation system – with its regulator, the Puerto Rico Energy Bureau. In the plan, PREPA details various scenarios for the build-out of generation infrastructure and a five-year action plan of […]
New York Fed President John Williams urged Puerto Rico to leverage its natural, cultural and human resources to create a sustainable, strong, vibrant and prosperous economy for future generations. During his two-day visit to Puerto Rico and the U.S. Virgin Islands — which fall under his agency’s jurisdiction — Williams participated in a conversation with […]
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