Puerto Rico Energy Bureau OKs $1.2B in electrical infrastructure projects
June 10, 2021
The Puerto Rico Energy Bureau has approved $1.2 billion to be used for all electrical infrastructure projects included in the Puerto Rico Electric Power Authority’s (PREPA) 10-year infrastructure plan. “These projects are an important step in the implementation of Puerto Rico’s energy policy. As the entity in charge of directing and implementing this public policy, […]
chat_bubble0 Comment
visibility2183 Views
Gov’t readies to launch tech platform to interconnect agencies
June 10, 2021
The Puerto Rico Innovation and Technology Services office (PRITS) is getting ready to launch an interoperability platform that will allow the synchronization of citizen data for accessibility of documents, in an attempt to reduce government bureaucracy. “The Government of Puerto Rico is the custodian of citizen data; therefore, it’s the citizen who must know all […]
chat_bubble0 Comment
visibility1918 Views
Virgin Voyages’ Resilient Lady to use San Juan as homeport in ’22
June 10, 2021
United Kingdom’s cruise line Virgin Voyages has chosen San Juan as the homeport for the Resilient Lady ship, which will offer trips in the Caribbean starting in November 2022. Puerto Rico Ports Authority Executive Director Joel Pizá-Batiz confirmed published reports, saying “we’re very happy that new cruise lines have considered the unique attributes of the […]
chat_bubble0 Comment
visibility2976 Views
Tourism Business Council advises investing in Puerto Rico’s key visitor zones
June 10, 2021
The Tourism Business Council recommended promoting areas of tourist interest in Puerto Rico through the investment of federal money, to promote self-sufficiency and sustainable economic development. “It’s imperative that a portion of the federal funds that the island has received are invested in a long-term economic development plan in which tourism is the spearhead,” said […]
chat_bubble0 Comment
visibility1922 Views
InvestPR looks to position Puerto Rico as ‘next global BioSciences Manufacturing destination’
June 10, 2021
Invest Puerto Rico (InvestPR), the Island’s economic development organization, is moving ahead with its strategy to reshore BioScience activities back to the US, through the “Accelerate Success” campaign with the underlying theme that the future of BioScience is in Puerto Rico The campaign, which highlights Puerto Rico’s assets and value proposition for life science manufacturing and R&D, is part of InvestPR’s overall strategy to elevate Puerto […]
chat_bubble0 Comment
visibility2041 Views
Walmart, P&G, Coca-Cola join forces to support Puerto Rico Olympic Committee, delegation
June 10, 2021
In less than two months, Puerto Rico’s Olympic delegation, comprising more than 80 people including athletes, trainers, and technical staff, will start heading to the Olympic Games Tokyo 2020 to represent the island. The Puerto Rico Olympic Committee (COPUR for its Spanish acronym) and the athletes need support, so Walmart has teamed up with […]
chat_bubble0 Comment
visibility1784 Views
P.R. bankruptcy cases down 18.3% through May vs. same 5-month period in ’20
June 9, 2021
The U.S. Bankruptcy Court for the District of Puerto Rico received 1,718 petitions from January to May, when filings were down 18.3% in comparison to the same five-month period in 2020, according to information provided by local research firm Boletín de Puerto Rico. When broken down into categories, about 711 of those petitions were under […]
chat_bubble0 Comment
visibility1471 Views
Head of Puerto Rico’s economic dev’t travels to D.C. for meetings
June 9, 2021
Department of Economic Development and Commerce (DDEC, in Spanish) Secretary Manuel Cidre is heading to Washington D.C. this week to attend to “matters of high interest in favor of Puerto Rico’s economic development,” the agency announced. “It’s a loaded agenda, with key people who can be our allies when it comes to advancing our economic […]
chat_bubble0 Comment
visibility1795 Views
USDA Forest Service supports economic dev’t, forest conservation project
June 9, 2021
Recognizing the economic development opportunity represented by the sustainable recovery of timber in a region increasingly prone to hurricanes, the US Department of Agriculture (USDA) Forest Service (USFS) awarded a grant to the GreenWood organization to provide training opportunities and market access to Puerto Rican workers. William Gould, director of theUSDA Caribbean Climate Hub, said the Wood Innovations […]
chat_bubble0 Comment
visibility1670 Views
Puerto Rico Cocktail Week Isla heads West
June 9, 2021
Puerto Rico Cocktail Week (PRCW) is heading out west as part of the PRCW Isla initiative, a local cocktail trip to different municipalities, bars and restaurants, where it will offer free educational workshops for bartenders and industry workers, organizers said. PRCW Isla, jointly with the participating bars, will be offering tastings and events to continue […]
chat_bubble0 Comment
visibility1501 Views
66K Puerto Rico households have signed up for FCC broadband subsidy program
June 8, 2021
The Federal Communications Commission (FCC) confirmed that 65,868 households in Puerto Rico have enrolled in the Emergency Broadband Benefit subsidy program initiated by Congress earlier this year. Since mid-May, more than 2.3 million households in all 50 states, Washington, D.C., Puerto Rico, US Virgin Islands and American Samoa were approved to receive a discount on […]
chat_bubble0 Comment
visibility2473 Views
MN Investments gets $5M financing from Parliament Capital to grow in Puerto Rico
June 8, 2021
MN Investments, LLC, a real estate company dedicated to the acquisition, renovation and management of multifamily properties, announced that it closed a $5 million financing facility with Parliament Capital Management, LLC that will allow the acceleration of its growth and expansion in the market. Currently, the company has a portfolio of 220 apartment units throughout […]
chat_bubble0 Comment
visibility3679 Views
Passenger traffic at LMM airport exceeds pre-pandemic levels for May
June 8, 2021
Passenger traffic at Puerto Rico’s main air hub, the Luis Muñoz Marín International Airport (LMM), bounced back in May, when it exceeded pre-pandemic results for the same month in 2019. In its most recent monthly report, Grupo Aeroportuario del Sureste (ASUR), the parent company of Aerostar — which operates the LMM — disclosed that the […]
chat_bubble0 Comment
visibility1923 Views
[Practical Techie] Doomsday: UFO reports bring usual doom omen
June 8, 2021
As it happens, endings are always beginnings. I say this amid the highly anticipated intelligence report by the Pentagon on UFO sightings or strange encounters by the US military. This report is scheduled to be released by June 25. But, according to senior administration officials briefed on the report’s findings, the inexplicable may remain the […]
chat_bubble0 Comment
visibility1919 Views
Wovenware lands federal patent for synthetic data generation method
June 8, 2021
Wovenware, a nearshore provider of Artificial Intelligence (AI) and digital transformation solutions, announced that the US Patent and Trademark Office has issued it Patent No. 11,024,032 B1. The patent addresses the company’s system and method for generating synthetic overhead imagery based on cluster sampling and spatial aggregation factors of existing data-sets. Wovenware uses the patented […]
chat_bubble0 Comment
visibility1750 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA