The U.S. Small Business Administration and its Atlantic Regional Office announced the launch of the 2019 “Emerging Leaders Initiative” for executives of small businesses poised for growth in emerging markets. Local area recruitment for the 2019 training cycle is currently ongoing in Region II’s New York, Syracuse, New Jersey and Puerto Rico District Offices, which […]
The Startup With Purpose Foundation, a nonprofit based in Palo Alto, California, that provides entrepreneurial mindsets and opportunities to youth in underserved regions, announced the start of a new program: Startup With Purpose, Puerto Rico. The foundation has partnered with Saint John’s School in Condado to host the program on the school’s campus from June […]
With the ubiquitous discussion as to the fate of the colossal federal funding currently being disbursed by the Federal Emergency Management Agency and the $8 billion-plus CDBG-DR funds by U.S. Housing and Urban Development, the court of public opinion has already placed warnings on the recipient, the government of Puerto Rico. But in all fairness, […]
By Joel Cintrón Arbasetti | Center for Investigative Journalism Gov. Ricardo Rosselló’s administration is managing a Community Summit that will take place on March 9 at the Convention Center. “I am aware that the Summit is going to take place, but they have not invited me,” Orlando Serrano, community worker from the Salud neighborhood in […]
The Base Muñiz Air National Guard Base in Carolina is close to completing the $5.5 million reconstruction of its medical and dining facilities, the military body announced. “One of our priorities with for the Puerto Rico Air National Guard is to ensure Airmen have the best facilities and working environments,” said Adjutant General of Puerto […]
Economic vitality means tomorrow will be better than today. Small business owners across the Atlantic Region of New York, New Jersey, Puerto Rico and the U.S. Virgin Islands are currently witnessing record-setting growth; it’s a boon to the backbone of the American economy. With more than 97 percent of businesses in the United States being […]
Employer-sponsored medical plan expenses could increase almost 8 percent worldwide this year, far exceeding the average general inflation of almost 3 percent, according to the “Global Medical Trends Rate Report 2019” released by professional services company Aon. It is estimated that the average increase in medical and pharmaceutical expenses for health plans during 2019, offered […]
Marnie Ferrer, a seasoned sales and marketing executive, is joining the News is my Business team as digital advertising advisor, bringing with her more than 25 years of experience in the field. Ferrer’s professional track record includes working in sales and marketing for media outlets as well as the private sector. Her experience includes positions […]
With support from the Economic Development Administration, the Puerto Rico Manufacturing Extension nonprofit launched the Business Resilience and Continuity program through which 350 manufacturing companies on the island will benefit from creating and having a business continuity plan. The project was achieved through an allocation of funds that PRiMEX requested and obtained from the EDA, […]
Part of the success of any business is to be able to count on capital that supports their growth and keeps the operations solid. In response to that Popular announced its 7th call for funding, business coaching and networking program, StartUp Popular. The application deadline is April 30, 2019. Since its inception, more than 85 […]
In a recent issue of News Is My Business (NIMB) an Op-Ed piece summarized a new study on the impact of the cabotage law on Puerto Rico. It is better than all previous ones, according to the co-author of the study, who modestly attributes this to the fact that they interviewed importers and not because […]
Autopistas Metropolitanas de Puerto Rico (metropistas) announced the closing of a $181 million bond issuance to partially refinance a portion of its short-term debt, in what constitutes one of the first bond issuances in the Puerto Rican infrastructure industry since the beginning of the economic recession and the devastation that left hurricane María. The bond […]
Destination Marketing Organization Discover Puerto Rico launched the island’s revamped tourism website, featuring a user-friendly layout and dynamic content designed to engage and persuade visitors to select the Island as a place to vacation or develop business events and conventions, executives said. This is an “important step” in the DMO’s brand repositioning process that will […]
Foundation for Puerto Rico has begun heading the meetings of focus sectors with members of the Whole Community Resilience Program, to define the databases and indicators needed to assess vulnerability in the communities, the nonprofit announced. These collaborative sessions will help examine the needs of all communities in Puerto Rico, with a comprehensive perspective of […]
In referring to the unfortunate ferry debacle last weekend resulting in the resignation of Director Juan Maldonado, Vieques Mayor Victor Emeric, was right — the problem is not the misuse of an idle cargo ferry, it’s the 50 years of criminal Maritime Transportation Authority (ATM, for its initials in Spanish) mismanagement that has plagued the […]
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA