Census: Puerto Rico loses 177K residents in 4 years
January 29, 2015
Puerto Rico has lost 177,392 residents either to migration or death in the last four years, putting pressure on the economy, as well as specific sectors, — such as retail — that will need to readjust their business models to provide for future consumer behavior.
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Freelancers band together to offer range of services
January 26, 2015
More than 500 independent professionals have joined a network that aims to generate and identify work opportunities in Puerto Rico, with the idea of navigating the current economic conditions.
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Science Trust announces availability of $1.4M in grants
January 22, 2015
The Puerto Rico Science, Technology and Research Trust will be putting up to $1.4 million in grants to help scientists complete federal grant funding applications and to attract new talent to local universities, Interim Executive Director Iván Ríos-Mena said Wednesday.
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Index: Puerto Rico one of region’s least corrupt islands
December 29, 2014
Despite Puerto Rico’s ongoing fiscal crisis and allegations of corruption by enemies of Gov. Alejandro García-Padilla, business executives and foreign investors still perceive the Commonwealth as relatively clean by Caribbean standards.
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Clark Realty Capital chosen to develop Roosy Roads
December 23, 2014
Nearly two years after launching its strategy to promote the establishment of projects and the development of nearly 3,000 acres that make up the former Navy Base in Ceiba, the Roosevelt Roads Redevelopment Authority announced Monday the selection of Virginia-based Clark Realty Capital as the property’s Master Developer.
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Cuba opening poses challenge, prospects for Puerto Rico
December 18, 2014
The White House’s announcement Wednesday of charting a “new course” in its relations with Cuba drew immediate response from decision- and opinion-makers in Puerto Rico, which agreed for the most part that pulling the neighboring island country out of its isolated state will present challenges and opportunities in years to come.
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Puerto Rico gets $1.9M to develop health care plan
December 17, 2014
Puerto Rico will receive up to $1,944,740 to design health care payment and service delivery models that will improve health care quality and lower costs, Secretary of Health and Human Services Sylvia M. Burwell announced Tuesday.
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JWT global ad agency looks to future as it turns 150
December 10, 2014
With innovation at the core of its 150th anniversary of JWT, the local team of JWT San Juan is getting ready to renew its commitment to the pioneering spirit that has distinguished the global agency since its founding by ad man J. Walter Thompson.
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UBS Puerto Rico slashes 40 jobs in restructuring
December 9, 2014
UBS Puerto Rico is cutting 40 out of 100 positions as part of a restructuring announced earlier this year that could also entail closing at least two of its five local offices. The layoffs are effective immediately.
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Panama’s U.S. ambassador offers upbeat outlook for ’15
December 9, 2014
WASHINGTON — Panama, host of the VII Summit of the Americas next April, will see its economy grow faster in 2015 than anywhere else in the Western Hemisphere.
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Collaborative space in Santurce gets broadband hookup
December 5, 2014
The Foundation for Puerto Rico and Columbus Business Solutions announced Thursday an agreement whereby the latter will outfit the nonprofit’s “Colaboratorio” space in Santurce, enabling grassroots organizations sharing the space to have access to high-speed broadband technology.
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San Juan among ‘100 Resilient Cities Challenge’ winners
December 4, 2014
Puerto Rico’s capital, San Juan, is one of this year’s 35 winners of this year’s “100 Resilient Cities Challenge,” joining a network created by The Rockefeller Foundation last year, organizers announced Wednesday during a summit in Singapore.
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Business leaders discuss challenges affecting operations
December 1, 2014
More than 25 business leaders gathered to share their strategies in the face of the economic challenges Puerto Rico is experiencing, pointing out four specific issues that jump out under current conditions.
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Guayacán lands grant to launch I-Corps Puerto Rico
November 5, 2014
The U.S. Economic Development Administration has awarded Grupo Guayacán Inc. a $62,000 technical assistance grant to launch I-Corps Puerto Rico, a customer discovery boot camp for entrepreneurs looking to build and develop scalable business models, the nonprofit announced Tuesday.
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NIMB gaining international exposure via Dow Jones
October 27, 2014
News is my Business, now approaching its fourth anniversary, has gained a significant international following in the last quarter, since its integration into the New York-based Dow Jones News Service.
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