Estudios Técnicos Inc.’s post-Hurricane María study to be featured in Canada
May 10, 2019
The methodology developed by Estudios Técnicos Inc. and the Kaiser Family Foundation for a study on the socioeconomic impact of Hurricane María in Puerto Rico will be featured in a panel during the convention of the American Association for Public Opinion Research, one of the most important research associations in the United States and Canada. […]
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Laboy: Gov’t permitting process should improve with new streamlined system
May 9, 2019
Puerto Rico’s Economic Development and Commerce Secretary Manuel Laboy is betting on a handful of new online products to be launched in the next four to six weeks to speed up and streamline the government’s permitting process. During an interview with the “En Una Hora” program on 11Q 1140 AM, in which News is my […]
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Romark Global Pharma opens $80M manufacturing plant in Manatí
May 9, 2019
Romark Global Pharma, a global biopharmaceutical dedicated to the discovery and development of new drugs to treat infectious diseases and cancer, officially opened its new $80 million manufacturing plant in Manatí. Flanked by Gov. Rosselló administration officials, Romark CEO Marc Ayers said, “with this expansion Romark will manufacture its products Alinia and NT-300, a new […]
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Discover P.R. exec: ‘We want to see growth in visitor’s economy, but it takes time’
May 9, 2019
Since its inception less than a year ago, Discover Puerto Rico — the island’s Destination Marketing Organization — has been taking “key steps” to reposition Puerto Rico’s brand, Jennifer Rosa, the nonprofit’s communications vice president, said. During an interview with the “En Una Hora” program on 11Q 1140 AM, in which News is my Business […]
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U.S. Dept. of Labor conducting wage survey of P.R., USVI construction projects
May 9, 2019
The U. S. Department of Labor’s Wage and Hour Division (WHD) is conducting a survey of all building, highway, residential, and heavy construction projects active in the U.S. Virgin Islands and Puerto Rico that occurred between July 1, 2017, and Dec. 31, 2018, it announced. The purpose to establish prevailing wage rates as required under […]
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Experts in branding, economy say DMO is failing in its goals to promote P.R.
May 8, 2019
Puerto Rico’s culture is “in the best historical moment,” but the powers that be have failed in promoting its riches to attract more tourism, particularly the Destination Marketing Organization. During an interview on the “En Una Hora,” analysis program on the 1140 AM station, a panel composed by Daphne Barbeito, president of Cruceros To Go, […]
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Hera Printing Corp. acquires Oles Envelopes & Forms for undisclosed amount
May 8, 2019
Hera Printing Corp. announced the acquisition of Oles Envelopes & Forms, for an undisclosed amount. The combined company will be known as Hera Envelopes & Forms and will keep its facilities in Bayamón. Oles Envelopes & Forms has more than 40 years established in Puerto Rico and specializes in converting envelopes and continuous forms, becoming […]
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Alivia Health closes acquisition of several subsidiaries, consolidating its network
May 8, 2019
Puerto Rican company Alivia Health announced the completion of the acquisition processes of its subsidiaries Specialty Pharmacy, Compounding Pharmacy and Pharmaceutical Services, becoming the island’s largest local drugstore network, company executives said. The consolidated network now has a new brand image, said Alivia Health President Hari Sabnani. “Our passion and business vision is to put […]
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American Red Cross confirms 77 P.R. schools being outfitted with micro solar networks
May 8, 2019
As part of today’s celebration of “World Red Cross Day,” the organization announced that 77 schools throughout Puerto Rico that serve as emergency shelters are already being outfitted with micro solar networks that will provide energy when the power goes out. So far, of the 77 schools that are in process, 35 already have the […]
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P.R. gov’t releases financial statement for Fiscal ’16 showing $70.3B deficit
May 7, 2019
The government of Puerto Rico released its audited financial statement for Fiscal 2016, as required by the Fiscal Oversight and Management Board, revealing a deficit of $70.3 billion, primarily as a result of debt accrued by public servants’ retirement programs. The programs had a combined debt of $42 billion, at the time, which is the […]
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CIO & IT Leadership Conference ’19 to focus on industry trends, challenges
May 7, 2019
The Puerto Rico Information Technology Cluster will celebrate it 6th consecutive CIO & IT Leadership Conference May 17, when industry experts will study trends and challenges facing the region. The event slated to take place at the Sheraton Hotel and Casino in San Juan, will feature keynote speeches and concurrent workshops from 7:30 a.m. to […]
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150+ travel industry professionals to visit P.R. to encourage sustainable tourism
May 7, 2019
The Tourism Cares organization will gather more than 150 travel industry professionals when it holds the “Tourism Cares for Puerto Rico” event next week. The three-day event has the support of the Puerto Rico Tourism Co., agency officials said. Under the “Travel with Purpose” slogan, members of the travel industry, community-based projects, government officials, agricultural […]
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Inventor of 1st email software system Ayyadurai to speak at Clinical Research Summit
May 6, 2019
Scientist, motivational speaker and the inventor of the first email software system, Shiva Ayyadurai, will be on the island this week to participate in the 2nd Clinical Research Summit hosted by the Puerto Rico Consortium for Clinical Investigation. In an exclusive interview with this media outlet, Ayyadurai — who holds four degrees from the Massachusetts […]
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Economic development scarce for P.R.’s micro and small entrepreneurs
May 6, 2019
By Jeniffer Wiscovitch PadillaCenter for Investigative Journalism “To avoid a headache,” Wilfredo Cubero hired a professional authorized by the Permit Management Office to get the Use Permit for his business Piu Bello Gelato, located in Plaza del Sol mall in Bayamón. His biggest setback at the moment is that he does not yet have the […]
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Op-Ed: End of an ERA, reflections of an economist
May 6, 2019
Puerto Rico Gov. Rafael Hernández-Colón died May 2, 2019 after a long battle against leukemia and surrounded by his loving family. He was 82, same age as that of Gov. Luis Muñoz-Marin when he died several decades ago. Guess they will have a lot to chat about now. Well-deserved honors by the people of Puerto […]
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