Grupo Guayacán opens EnterPRize 2021 Judging Session to the public
October 27, 2021
The 16th edition of the EnterPRize business competition is in its homestretch, and for the first time, the public will be able to witness the companies’ final presentations and vote for their favorite team for the special award “Sembrando el Futuro.” This award is one of many prizes that will be granted on Dec. […]
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First BanCorp. reports $75.7M in 3Q21 net income
October 26, 2021
First BanCorp., FirstBank Puerto Rico’s parent company, reported net income of $75.7 million, or $0.36 per diluted share, for the third quarter of 2021, compared to $70.6 million, or $0.33 per diluted share, for the second quarter of 2021, and $28.6 million, or $0.13 per diluted share, for the third quarter of 2020. Financial results […]
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Online platform Seed, which caters to Latin music industry, to launch new program
October 26, 2021
As part of its mission to help the new generation of independent artists, producers, and music entrepreneurs, the Seed online platform announced the launch of R3, an educational program where users will learn to register their music and collect their royalties internationally in three steps. The program will go live Oct. 28, platform officials said. […]
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Practical Techie: Funnels, a new name pops up to channel sales on the web
October 26, 2021
The web is a constant tsunami of high-tech names difficult to keep up with. When a cybernaut finally learns the meaning of this or that technology, five new pop-up to describe it, or with a new name. This is due to the plethora of developers across so many cultures, continents, and cybernetics schools, each with […]
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WestJet to return to Puerto Rico after COVID-19 hiatus
October 26, 2021
Canadian airline WestJet announced it will be returning to Puerto Rico during the upcoming winter season, with a once-weekly flight between the Luis Muñoz Marín International Airport (LMM) and the city of Toronto. Service is slated to begin Dec. 18, the company confirmed. Puerto Rico is one of 95 destinations that the carrier will fly […]
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SBA, Western Puerto Rico Chamber of Commerce to benefit businesses
October 26, 2021
The US Small Business Administration Puerto Rico & US Virgin Islands District Office entered a formal partnership with Western Puerto Rico Chamber of Commerce Inc. to foster an economic climate favorable to the development of small businesses and entrepreneurs. By signing a Strategic Alliance Memorandum, the SBA and the Western PR Chamber will present information and […]
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Puerto Rico’s small businesses to get boost into new markets through agreement
October 26, 2021
An agreement between the United Retailers Association (CUD in Spanish) and the Puerto Rico Economic Development Bank (EDB, in Spanish) seeks to boost growth among the island’s small- and medium-sized businesses into new markets. The collaboration between the public agency and the trade group will provide, among other benefits, public workspaces to CUD members. The […]
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US Travel Assoc.: Puerto Rico leads way in travel recovery
October 25, 2021
The US Travel Association’s Recovery Dashboard with data from Tourism Economics confirmed that Puerto Rico is leading in recovery, with travel spending exceeding stateside averages. When comparing monthly spending, on average, the US was approximately 11% below the same time two years ago in September. But travel spending in Puerto Rico was more than 23% […]
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Cortelco to unveil new multi-service communications platform
October 25, 2021
Technology consulting company Cortelco Systems Puerto Rico Inc. is developing a service called “Lost Calls,” a communication platform for businesses and their clients that works as a messaging and calls system that converts text-to-speech into data. The company also announced a new cash dividend for its stockholders of $0.15 per share payable on Dec. 15, […]
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Small Inn Assoc. backs Dorado’s move to regulate short-term rentals
October 25, 2021
The Puerto Rico Association of Small Inn Owners and Tourism confirmed its support of a Municipal Ordinance passed in the Municipality of Dorado to regulate the more than 1,000 independent short-term rental accommodations operating in the town. Last week, local media outlets reported that the beachfront town is requiring a permit from short-term rental operators to […]
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NASA commits $1M for Puerto Rico EPSCoR chapter
October 25, 2021
The Puerto Rico chapter of the Established Program to Stimulate Competitive Research (EPSCoR) will be receiving $1 million over the next five years from the National Aeronautics and Space Administration (NASA). EPSCoR is a part of NASA’s Office of Stem Engagement and based out of the agency’s Kennedy Space Center in Florida, which supports science […]
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Liberty Puerto Rico donates $1M to support socio-economic initiatives
October 22, 2021
Liberty Puerto Rico announced it has made a special $1 million donation to invest in high-impact initiatives that contribute to the socio-economic development of Puerto Rico and the US Virgin Islands. As part of the celebration as the “New Liberty,” the donation was made through the Liberty Foundation as a “gesture of gratitude for the […]
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Puerto Rico residents have bleak outlook on current situation, future
October 22, 2021
A study commissioned by the Puerto Rico Sales and Marketing Executives Association (SME, in Spanish) revealed that 78% of Puerto Rico residents believe that quality of life on the island is worse now than it was five years ago. Of that group, 84% are women mostly between 55 and 64 years of age, as well […]
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Sprung Instant Structures Inc. to establish $1M operation in Ponce
October 22, 2021
Sprung Instant Structures Inc. — a company specialized in the design and manufacture of prefabricated structures resistant to natural disasters — announced its arrival on the island, where it will invest about $1 million to establish operations in Ponce over the next two years. They are currently participating in several projects with Community Development Block […]
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Op-Ed: Looking back at public relations lessons learned during CaPeCo fire, explosion
October 22, 2021
It was the case that changed my public relations career. A loud thump woke me up from deep sleep that Thursday night. I was beyond exhausted when I put my preschoolers to bed that day. Our annual Halloween bash was only three days away and I had taken two days off from work to turn […]
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