As Discover Puerto Rico continues to work closely with partners on and off-Island to accelerate the economic recovery that is underway, it is citing positive trends pointing toward what it called “the great recovery of travel and tourism.” “Consumers want to travel, and while some are determined to travel regardless of the health outlook, others […]
The pandemic has served to advance patient-centered care, while further exposing barriers to more technological innovations that could benefit patients. One of the more obvious advances was the rapid growth of all telehealth solutions by both providers and patients, particularly during the stringent lockdown period that we experienced in 2020. As we have slowly returned […]
Rideshare company Uber, which arrived in Puerto Rico in July 2016, keeps tabs on what users leave behind after getting a ride, with phones and wallets among the most forgotten items by users in the United States and Puerto Rico, as well as objects such as clothing, keys, glasses, and personal identification. In addition, app […]
As travel begins to pick up once again, and travelers opt to stay in entire homes, considered to be the safer way to travel according to the CDC, short-term rental company Airbnb is rolling out a number of initiatives to promote safety. “We’ve learned that July 4 is being pegged, by some, as the ‘reopening’ […]
Manufacturing activity has advanced steadily over the past 10 months and, for the first time since the COVID-19 outbreak, has exceeded the pre-pandemic level, according to the Manufacturing Coincident Indicators Index (IICM, in Spansih) for February 2021. Industrial activity in February increased 0.6% (seasonally adjusted) and registered a value of 104.1 points when compared to […]
The fear of an inflationary wave in the United States has implications for Puerto Rico, precisely because the island’s prices are largely determined by what happens stateside. Puerto Rico’s inflation rate has been rebounding since October 2020, although during the first quarter of 2021, the Consumer Price Index (CPI) remained at a rate slightly below […]
In just a few years there will be almost five billion people connected to the global Web. Objects and humans will share countless types of microelectronic connections. Let’s fast forward a bit to 2026. Beyond its too risky to surmise with precision. Shortly, even wine bottles will have track and temperature sensors. So will do […]
The General Services Administration has a variety of materials, products and equipment, classified as surplus by the federal government, available for donation to governmental entities and eligible nonprofit organizations, agency Administrator Karla G. Mercado-Rivera announced. The eligible entities could have access to an inventory that includes vehicles, computers, office equipment, articles and products of all […]
As part of the efforts to promote sustainable energy and give continuity to the projects carried out under the Porsche E-Performance concept, the Puerto Rico operation is joining the international Porsche Destination Charging program, which provides charging infrastructures to benefit drivers of the Taycan electric sports car, as well as the German brand’s hybrid models. […]
The Caribbean will host the first virtual Women Economic Forum focused on the region with leaders from the business, political and social spheres to promote the seal for gender equality between academia, business and the state, organizers announced. Leadership and female empowerment will be the central axis of this virtual meeting that will take place […]
Puerto Rico’s retail activity was bustling in February, when they grew by 13% in comparison to the same month in 2020. The Department of Economic Development and Commerce’s (DDEC, in Spanish) Retail Sales Report showed sales reached $2.6 billion. This is the ninth recorded increase in sales at an annual rate, all consecutively and the […]
The US Department of Agriculture (USDA) announced that it has implemented a series of actions to make it easier for very small rural businesses to get access to capital. The changes will strengthen businesses in Puerto Rico’s rural communities. In prior years, Pathstone Corporation has been the only entity to apply for funding, local agency […]
In its pursuit of contributing to the development of an exceedingly technological society with the need for young professionals who can perform competitively in the new job market, Evertec announced the launch of the 7th edition of its scholarship program aimed at university students from Puerto Rico and Latin America who are focused on the […]
The 2021 edition of the Puerto Rico Sales and Marketing Executives Association’s (SME, in Spanish) Digital Trends Study confirmed that nearly 1.4 million people in Puerto Rico are doing their shopping online, a movement that has grown as a result of the COVID-19 pandemic. The study, commissioned to economic analysis firm Estudios Técnicos, showed that […]
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