MCS Advantage Inc., a subsidiary of MCS under the Medicare Advantage business line, announced that it recently received accreditation for an additional three years from the Association for the Accreditation of Ambulatory Health Care (AAAHC). MCS Advantage Inc. first obtained the accreditation in 2018, and since then, the company and its MCS Classicare (HMO) products […]
Retail Value Inc., the owner of nine shopping centers in Puerto Rico, has agreed to sell its remaining properties in Puerto Rico to Kildare Acquisitions for $550 million in cash. This is the third time in the last six months that the independent publicly traded company has announced the sale of a local property. In […]
The San Juan Superior Court has struck down several regulations related to the operation of adult gaming machines outside government-approved hotel casinos, as a resolution to a lawsuit filed by Electronic Games Inc. against the government of Puerto Rico last year. In her decision dated July 14, 2021, Superior Court Judge Glorianne M. Lotti-Rodríguez declared […]
Orlando, FL — Puerto Rican couple Rafael Román and Kiara Delgado, owners of Florida Bakery & Restaurant are determined to bring their delicious ‘pan sobao’ and menu to one of the fastest growing areas in Central Florida, known as Lake Nona. On July 15, 2020, they opened their first store in Kissimmee, in the heart […]
The U.S. Centers for Disease Control and Prevention (CDC) has downgraded the risk of contracting COVID-19 in Puerto Rico to Level 2, or “moderate.” This means that individuals who are fully vaccinated may travel to the island without restrictions, Discover Puerto Rico confirmed. “The news bodes well for Puerto Rico’s tourism industry, which is already […]
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 […]
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