Amazon Web Services Inc., a business of Amazon.com Inc., announced Project Resilience for Central America and the Caribbean. As part of the AWS Disaster Response Program, Project Resilience supports organizations that may be affected by natural disasters and whose business continuity is critical to community resilience. In preparation for the hurricane season, AWS will offer […]
GP Strategies, a firm dedicated to providing solutions to improve organizational effectiveness, is suing four Puerto Rico municipal governments for non-payment of some $3.7 million, News is my Business learned. In separate lawsuits filed at the Superior Courts in San Juan, Caguas, Carolina and Mayagüez, GP Strategies basically exposes the same cause for going after […]
Puerto Rico’s Economic Activity Index (EDB-EAI) for May 2021 reached a maximum level of 119.4 points representing a year-over-year increase of 7.9%. When compared to the previous month, the index rose by 0.2%, Luis Alemañy, president of the Puerto Rico Economic Development Bank, which produces the report, confirmed. The EDB-EAI contracted 5% in 2020, reaching […]
Marvel International Inc., a subsidiary of B. Fernández Holdings Inc., announced the production of a special collectible box of its familiar hamburgers El Gordito as part of its sponsorship agreement with Puerto Rico’s basketball league. The company employs 50 people at its production plant in Guaynabo who produce over 150,000 pounds of meat, soups, stir […]
Olive Garden continues to expand its footprint in Puerto Rico with the opening of its eighth restaurant, located at The Marketplace shopping center, adjacent to the Outlets at Montehiedra shopping center. With an investment of $2.8 million, the restaurant seats 200 people in several dining areas. With the opening of the restaurant, 120 new direct […]
Liberty Business, Liberty Puerto Rico’s commercial division, continues to strengthen its roster of products and services for all business segments as the company’s integration of the wireless and wireline operations it acquired in Puerto Rico and the USVI last October, continues to progress. Antonio Llona, vice president of Liberty Business, said the division can now […]
Uber Eats’ new General Manager for the Uber Eats Andean and Caribbean region, Mauro González, announced that among his first commitments on the job are to “reactivate and grow” the island’s economy. As part of the announcement of his appointment, González confirmed that Uber Eats will be available soon in town of Mayagüez. The upcoming […]
Tru by Hilton, the hotel chain’s midscale brand will make its Puerto Rico debut in 2023, when it will fly its flag on two hotel properties set to be built in San Juan and Arecibo, the company confirmed. Both properties will be independently owned and operated, but the names of the developers were not disclosed, […]
A partnership co-owned and managed by LionGrove has acquired the Wyndham Candelero Beach Resort from Palmas Hill Partners, LLC. The property is being rebranded as the Wyndham Palmas Beach and Golf Resort. An affiliate of LionGrove will manage the resort. The financial terms of the deal were undisclosed. LionGrove is the co-owner of the Fairmont […]
The Puerto Rico Ports Authority announced it has stirred interest from 11 aerospace firms interested in becoming a master developer of services to establish a “spaceport” at the José Aponte de la Torre regional airport in Ceiba. Ports Authority Executive Director Joel A. Pizá-Batiz said the Request for Information (RFI) began in March, and 27 […]
A lot has been said about the post-pandemic “new normal” we’re fast approaching — from, all standpoints — individually, collectively, and organizations. As we move toward the expected herd immunity, we must accept that the pandemic changed the way we live and work forever. When it comes to business operations, all survey results support the basic […]
Financial institution Oriental distributed $95,000 in scholarships to college students, marking the initiative’s 7th consecutive year. These scholarships are awarded through an in-house program for children of employees. The majors selected for recognition are in the areas of science, technology, engineering, math, and business administration. “It’s very important for us to help young Puerto Ricans […]
Looking to address the widespread effects of the COVID-19 pandemic the island’s mental health, the MCS Foundation has teamed up with the Mental Health and Anti-Addiction Services Administration (ASSMCA) and mental healthcare provider FHC de Puerto Rico to launch the “Escondida” public service campaign discussing hidden problems resulting from the health crisis. This effort is […]
World Central Kitchen, a nonprofit that uses the power of food to nourish communities and strengthen economies in times of crisis and beyond, will hold a panel discussion entitled “Creating Resilient Food Systems in the Caribbean,” on July 19 at 3 p.m. The virtual event will be free to attend and will feature leaders in […]
The Puerto Rico Agriculture Department and the Education Department have reached an agreement through which public school lunchrooms will serve locally harvested products when students return to the classrooms in August, the agencies announced. The contract represents some $30 million in annual purchases that will benefit some 300 farmers, News is my Business confirmed. Funding […]
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