P.R. Treasury reports $717.9M in revenue to the General Fund in Jan.
April 16, 2019
The Puerto Rico Treasury Department released net revenue collections for January, which totaled $717.9 million. In a statement, Treasury Secretary Raúl Maldonado said when compared to January 2018, the current total shows a net increase of $133.3 million. “January 2019 revenues were $188.3 million above the June 29, 2018 Certified Fiscal Plan projections and $23.5 […]
chat_bubble0 Comment
visibility1618 Views
Today is ‘last call’ for applications for pre18’s generation-2 cycle
April 15, 2019
The window to apply for a spot at pre18’s second generation is closing tonight at 11:59 p.m., organizers said. The initiative is a pre-acceleration program for innovative Puerto Rican companies, launched by parallel18 (P18) the global startup accelerator that operates since 2015 as part of the Puerto Rico Science, Technology and Research Trust. The pre-accelerator […]
chat_bubble0 Comment
visibility1260 Views
Codetrotters, Rock Solid create scholarship program for high schoolers
April 15, 2019
Codetrotters Academy, the first coding bootcamp in Puerto Rico and the Caribbean, and Rock Solid Technologies, a software development company, announced today the creation of a strategic alliance to award scholarships for programming courses to high potential students. The students will go through an online application process, followed by an interview at Rock Solid Technologies […]
chat_bubble0 Comment
visibility1603 Views
New Public Energy Policy Law draws praise from sector, Oversight Board
April 12, 2019
Governor Ricardo Rosselló signed the law that will establish Puerto Rico’s public energy policy moving forward, which requires the progressive elimination of the use of fossil fuels as a source of power generation. To this end, the Public Energy Policy Law establishes a new timeline for the implementation of renewable energy on the island: the elimination of 20 percent of […]
chat_bubble0 Comment
visibility1382 Views
Open Spaces: Proposed changes to P.R.’s tax incentive code must be transparent
April 12, 2019
Nonprofit organization Open Spaces, in a public hearing before the Puerto Rico Senate Finance Committee, said the two tax bills under consideration — the Tax Incentive Code (Senate Bill 1013) and the System of Integrated Tax Credits (House Bill 1880) — lack basic elements of transparency, accountability and citizen participation. In testimony about the measures, […]
chat_bubble0 Comment
visibility1330 Views
Clinical Research Summit returns May 9-10
April 12, 2019
The Puerto Rico Clinical Research Consortium will join the Clinical and Translational Research Week with the celebration of its Clinical Research Summit 2019, to be held May 9-10 at the Sheraton Puerto Rico Hotel, organizers announced. The event is a collaborative effort that includes the University of Puerto Rico, the Caribbean University, the U.S. Food […]
chat_bubble0 Comment
visibility1338 Views
Triple-S focusing on causes that impact health in P.R.
April 12, 2019
As it marks its 60th anniversay, Triple-S announced its support for two causes that influence social factors that have a significant impact on health in Puerto Rico. “Social determinants of health include a wide range of issues. To be more effective, we have chosen to focus on access to healthy food and emotional wellbeing,” said Triple-S […]
chat_bubble0 Comment
visibility1501 Views
[PODCAST] Benefits of opening an IRA account as tax deadline looms
April 11, 2019
CPA Rubén Rodríguez, a member of the Puerto Rico Society of CPAs, and expert on the topic of Individual Retirement Accounts (IRAs), discusses their benefits to taxpayers in Puerto Rico in our latest podcast episode.
chat_bubble0 Comment
visibility6271 Views
Sheraton Puerto Rico Hotel & Casino to undergo $10M renovation
April 11, 2019
The Sheraton Puerto Rico Hotel & Casino will embark on a $10 million top-to-bottom makeover, starting with its 503 guest rooms, the lobby and bar areas, this media outlet confirmed. The work will begin in July and should be completed by November, said Jeannette Avilés, director of sales and marketing for the property that opened […]
chat_bubble0 Comment
visibility1819 Views
Walmart begins $7M renovations in 2 Supercenters, 2 Amigo stores
April 11, 2019
Walmart Puerto Rico announced plans to remodel its Supercenter stores in Canóvanas and Barceloneta, as well as Amigo Supermarkets in Guaynabo and Guayama, with an investment of more than $7 million. With these new projects, Walmart has invested more than the $30 million in Puerto Rico in the past 18 months, after the onslaught of […]
chat_bubble0 Comment
visibility2321 Views
Grupo Guayacán, MCS Foundation launch call for fellowship program applications
April 11, 2019
MCS Foundation and Grupo Guayacán, Inc. (GGI) announced the call for applications for the second annual MCS Foundation Health Innovation Fellowship which will sponsor the participation of one company within the healthcare industry to the 2019 Guayacán Venture Accelerator (GVA). The GVA is an executive education and development program for companies established in Puerto Rico […]
chat_bubble0 Comment
visibility1767 Views
Colmena66 brings 200 organizations, programs into its network in 2 years
April 11, 2019
Colmena66, the specialized business support network that operates under the direction of the Puerto Rico Science, Technology and Research Trust has more than 200 organizations and programs in its network dedicated to building and strengthening the business community on the island. The organization affiliated with SourceLink, an organization established with the support of the Kauffman […]
chat_bubble0 Comment
visibility1337 Views
PREPA’s situation ‘complex,’ result of ‘perfect storm’
April 10, 2019
The Puerto Rico Electric Power Authority’s transformation will require a strong energy policy as well as an implementation strategy that considers the island’s “complex situation.” Such was the opinion of Tomás J. Torres, executive director of the Puerto Rico Institute for a Competitive and Sustainable Economy, in testimony presented before the U.S. House of Representatives Committee […]
chat_bubble2 Comments
visibility2368 Views
Op-Ed: The small business boom rolls on
April 10, 2019
As Tax Day 2019 swiftly approaches, numerous entrepreneurs are seeing new benefits from the Tax Cuts & Jobs Act, enabling them to grow their ventures and hire additional staff. I recently co-hosted the White House Manufacturing Roundtable at which about 20 small business owners discussed the resurgence of manufacturing in the chemical, construction, consumer goods, […]
chat_bubble0 Comment
visibility1386 Views
Gov’t unveils online ticketing service for Vieques/Culebra ferry service
April 9, 2019
Gov. Ricardo Rosselló announced the creation of a digital platform that will allow users of the ferries traveling between Vieques, Culebra and Ceiba to purchase tickets online, access route maps and find answers to frequently asked questions. Through www.porferry.com users will have access to a detailed itinerary of routes with boarding and departure times, estimated times of […]
chat_bubble3 Comments
visibility3180 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA