Point Blank Protective Apparel & Uniforms, LLC in the southwestern town of Guánica, will invest more than $25 million over the next two years to expand its operations, the company announced. The company’s expansion and investment also entails creating 550 permanent jobs and retaining 550 workers for a total of 1,110 jobs, over a three-year […]
The oversight agency affirms that consumers can turn to it to claim their rights and orders the Texan corporation to establish a protocol to disclose complete information about its services. It also allows customers to object invoices. Meanwhile, Puerto Rican company Maximo Solar Industries sues and accuses the Texan company of establishing a monopoly. By […]
Pennsylvania-based Duck Donuts has partnered with local entrepreneurs Juan Carlos Piñero and Jorge Ramos to open three locations in Puerto Rico in as many years, the company announced. The Puerto Rico stores will join a chain of about 80 franchise locations of the made-to-order donut shops already operating across 24 states. The chain got its […]
Educating for a generation that will have 10 to 15 jobs or careers in their lives and who in five years will have access to jobs that do not exist today is a challenge that universities currently face, Rafael Bras, a noted scholar who currently serves as provost and vice president of Academic Affairs at […]
Puerto Rico Fiscal Agency and Financial Advisory Authority (AAFAF) Executive Director, Christian Sobrino has opened a call to private-sector groups to visit the agency’s website to learn about the financing options for certain projects through the Puerto Rico Industrial, Tourist, Educational, Medical & Environmental Control Facilities Financing Authority. AFICA, as the Authority is known by […]
As part of the of human trafficking awareness month, Medtronic Puerto Rico and the Ricky Martin Foundation have joined forces to promote the education about human trafficking on the island. Human trafficking is the second most lucrative crime in the world. About 45.8 million people are victims of human trafficking. This crime generates more than […]
Nonprofit organization Espacios Abiertos recently evaluated the government’s transparency portal prepared by contractor CGI Technologies, and concluded it falls short of complying with more than half of criteria set forth by Transparency International to avoid corruption in post-disaster recovery processes. Specifically, Espacios Abiertos draws attention to: the need to provide details for subdivisions within municipalities; […]
U.S. Housing and Urban Development Secretary Ben Carson awarded $125,567 to four public housing authorities in Puerto Rico to continue helping public housing residents participating in the Housing Choice Voucher Program and/or reside in public housing to increase their earned income and reduce their dependency on public assistance and rental subsidies. The funds will be […]
The U.S. Small Business Administration announced the launch of the 2019 Emerging Leaders program in Puerto Rico for executives of small businesses poised for growth. The Small Business Administration’s Emerging Leaders program is free of charge. Local recruitment for the 2019 training cycle is currently underway in San Juan and — for the first time […]
Ponce, PR — Destilería Serrallés, a century-old manufacturer of premium rums, unveiled a new $22 million addition to its complex in this southern town to expand its participation in export markets through more of its current lineup of spirits and new products. The new investment includes a new $4 million bottling line and a significant […]
The impact of Airbnb in Puerto Rico is such that it already exceeds 10,000 properties on the Island, according to an analytical report by Estudios Técnicos Inc. In tourist zones like Culebra and Old San Juan, a quarter of all homes are listed through the digital renting platform, which demonstrates its very high penetration in […]
T-Mobile announced its financial reports for the final quarter and full year 2018, along with its performance on a local operational level for the past year, which resulted in a 15 percent year-over-year growth of its customer base. Jorge Martel, general manager for T-Mobile Puerto Rico, said the carrier’s growth sharply contrasts the performance of […]
A recent study commissioned by the Puerto Rico Restaurants Association revealed that more than 90 percent of Puerto Rico residents have access to smart and connected devices either to make their reservation, order or pick-up food, or to pay. Consequently, the industry “must invest in more technological resources to strengthen its quality of service, beyond […]
U.S. Customs and Border Protection San Juan Field Operations announced the seizure of counterfeit products imported into Puerto Rico via international mail or courier before and after the holidays. The estimated manufacturer suggested retail price of all the counterfeit products seized to date is an estimated $15 million. The actual price of the purchased merchandise is […]
Grupo Guayacán Inc. announced the start of its annual call for applications for the Guayacán Venture Accelerator, an entrepreneurial education and development program for companies established in Puerto Rico seeking new growth opportunities. Companies, which are selected through a competitive process, must be in operations for at least three years and demonstrate organizational capacity and […]
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