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 […]
By Jeniffer Wiscovitch-PadillaCenter for Investigative Journalism The U.S. Department of Housing and Urban Development’s Office of the Inspector General (HUD’s OIG) confirmed it is auditing the Community Development Block Grant–Disaster Recovery (CDBG–DR) Program funds granted to Puerto Rico after Hurricanes Irma and María. HUD Spokesman Darryl Madden told the Center for Investigative Journalism (CPI, for […]
Vaquería Tres Monjitas inaugurated a new distribution center in Mayagüez, in which it invested $1.8 million to expand its operation in the western area and supply the regions’ market quicker and more efficiently, company officials said. The new 20,000 square-foot facility, including 8,000 square feet of refrigerated space, has the capacity to store 500 tons […]
Walmart Puerto Rico announced the launch of Rumgria “The Best of Both Worlds,” its private label sangria manufactured by local company R ‘Brothers, LLC, creator of the Sangría artisanal Los Hermanos. In making the announcement, Viviana Mercado, senior manager of corporate affairs at Walmart Puerto Rico, said with Rumgría, “the company continues to expand the […]
The Puerto Rico Builders Association (PRBA) and Grupo Guayacán Inc. (GGI) announced the call for applications for the third annual PRBA-Guayacán Fellowship which will sponsor the participation of up to two PRBA members in the 2019 Guayacán Venture Accelerator (GVA). The GVA is an executive education and development program for companies established in Puerto Rico seeking […]
Businesses “must plan and always be prepared” for emergencies and strategize to guarantee the continuity of operations in the wake of a natural disaster. Ernesto Morales, responsible for the National Weather Service Emergency Notifications, Economist Carlos Colón de Armas, Benjamin Nieves, expert in public safety and emergency management, and WorldNet Telecommunications Commercial Director Javier Santos, […]
Looking to promote domestic tourism and motivate residents to vacation on the island, the Puerto Rico Tourism Co. unveiled its newest promotional campaign, entitled “Voy Turisteando.” Tourism Co. Executive Director Carla Campos presented “Postales,” the first internal tourism ad campaign under the “Voy Turisteando” brand. “During 2018, a total of 505,740 residents stayed in traditional […]
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