During the most recent Porsche NEXT: Digital Innovation Forum, panelists concluded that Puerto Rico is “on the right track” to becoming a smart island that integrates renewable energy, sustainable architecture, electric vehicles, and environmentally friendly infrastructure. To fully achieve this objective, Puerto Rico must have a smart electrification network, have greater access to internet with […]
Public discussion and social movements like Black Lives Matter might suggest there has been great progress in terms of diversity and inclusion in corporate America’s boardrooms. Let’s take a look at what a recent study shows. According to the 6th edition of the “Missing Pieces Report,” conducted by the Alliance of Board Diversity (ABD) in […]
Liberty Puerto Rico announced it is relaunching its Liberty Go application, which is now available at major app stores for its television customers and at no extra cost. The redesigned app, which had been previously available in a Beta version, has now been upgraded to fix some bugs and add extra enhancements. It replaces the […]
The island’s construction industy continues to face challenges that could affect reconstruction efforts and the government’s ability to maximize the potential of federal funds available for repairs related to the 2017 hurricanes and 2020 earthquakes. Umberto Donato, president of the Puerto Rico Chapter of the Associated General Contractors of America (AGCPR), said during the group’s […]
Financial institution Oriental recently launched its new institutional advertising effort, using the “Sí puedo” (“Yes I can”) slogan, which seeks to celebrate the accomplishments of its clients, who testify to the impact the bank has had on their lives. The campaign carries an investment of some $800,000 and includes 30-second spots for TV, as well […]
The Financial Stability Index of commercial banks in Puerto Rico, prepared by Estudios Técnicos Inc., shows a strengthening in the banking industry this year, mainly due to an improvement in its liquidity and increases of $16 billion in deposits in the first quarter of 2021. “The index increased from 0.52 in the first quarter of […]
The Department of Economic Development and Commerce (DDEC, in Spanish), through its Labor Development Program, will be holding a job recruitment fair to fill 4,000 restaurant jobs, the agency announced. The event — organized in collaboration with the Puerto Rico Restaurants Association (ASORE, in Spanish) and the Department of Labor and Human Resources— will take […]
The Puerto Rico Aqueduct and Sewer Authority confirmed that the $4 million in upgrades underway at the Quebrada filtration plant in the northern town of Camuy will be completed in about a year. PRASA President Doriel Pagán said the project calls for optimizing the water treatment process, providing an increase in clarification, filtration and disinfection […]
As we returned to post-pandemic daily life, the ability of the workplace to adapt to a digital world became more important. Adapting to new work styles, such as remote work, real-time collaboration between diverse locations, and different use of mobile devices for business continuity was critical for organizations in recent months. Ricoh Puerto Rico, with […]
The U.S. Small Business Administration confirmed it has awarded $625,639 in Shuttered Venue Operators Grant program funding to five businesses in Puerto Rico. This grant provides emergency assistance for eligible venues affected by COVID-19. Eligible applicants may qualify for grants equal to 45% of their gross earned revenue, with the maximum amount available for a […]
US Customs and Border Protection is recruiting for the positions of officer, border patrol agent and air interdiction and maritime interdiction agents in select localities throughout the continental United States, the agency announced. To answer questions and inquiries, CBP will have an orientation table at Plaza Las Americas from June 24-26. Register for this event via this link. Applying […]
The US Department of Housing and Urban Development (HUD) published a Federal Register notice governing the use of $2 billion in Community Development Block Grant Disaster Recovery (CDBG-DR) funds for electric power system enhancements and improvements for Puerto Rico and the US Virgin Islands. The publication of this notice is the latest in a series […]
The summer solstice has arrived in 2021 and it reflects amply on the World Wide Web with plenty of data and details about the astronomical phenomena. Solstice is “solstitium” in Latin and it means: “the sun is stopping.” The ancients described it as such because it seemed to them the point where the sun appears […]
More than two weeks into its management of Puerto Rico’s electrical system, private contractor LUMA Energy is not off to a good start. Frequent power outages and service delays have tested the patience of an already over-burdened customer base since LUMA Energy took control of the island’s electric system in a privatization switchover on June […]
One Alliance Insurance Corp. has earned a Financial Stability Rating (FSR) of A-Exceptional from Demotech Inc., a financial analysis firm specializing in evaluating the financial stability of independent, regional, and specialty insurers, the company announced. This level of FSR is assigned to insurers that have an exceptional financial stability related to maintaining positive surplus as […]
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