The Mashantucket Pequot Tribal Nation, operators of the famed Foxwoods Casino in Mashantucket, CT, has landed a concession agreement to reopen the casino at the iconic Fairmont El San Juan hotel, this media outlet learned. The announcement is scheduled to take place next week, according to a media notice released Wednesday night. Gov. Pedro Pierluisi […]
The Puerto Rico Electric Power Authority announced the start of its Electric Grid Revitalization Program, using a $10.7 billion allocation from the Federal Emergency Management Agency (FEMA). Details of the 10-year infrastructure modernization plan, delivered and approved by FEMA in December to rebuild and bring the electrical system on the island up to standards and […]
This academic semester the Pontifical Catholic University of Puerto Rico in Ponce will be distributing more than $6.3 million in supplementary aid to its students so that they can face the expenses related to the COVID-19 pandemic, it announced. “All students with active enrollment as of Feb. 21 will receive this aid. It’s not necessary […]
This edition of Climbing the Corporate Ladder covers new executive appointments in a broad swath of industries in Puerto Rico, from auto to legal. Jaguar Land Rover names new service managerJaguar Land Rover San Juan dealers appointed Carlos Piñeyrúa as the new service manager for both brands. Piñeyrúa, who already has previous experience in the […]
Innova Management Solutions, human resources consulting firm specialized in compensation, benefits and internal communications, announced the opening of its 2021 “Total Rewards Survey.” This survey will collect and analyze information about cash compensation (salaries, bonuses, incentives, special payments), benefits, HR policies, programs and practices in place in most industries operating in the island. The survey […]
Puerto Rico Manufacturing Extension Inc. (PRiMEX), announced the start of two academies, specialized in export areas, as well as the management and development of talents on the island, also known as “Smart Talent.” Both academies are aimed at Puerto Rico’s small and medium manufacturing business sector. “For the second year in a row, we will celebrate […]
Toyota de Puerto Rico reported year-end sales of 26,537 units of its Toyota and Lexus non-fleet vehicles, which company President George Christoff said exceeded 2020 expectations. Toyota kept its title of “#1 brand in the automotive industry in Puerto Rico” with a 30.1% market share. The best-selling cars were in the Yaris and Corolla family, […]
The island’s Economic Activity Index reached 115.1 points in November, representing a 6.8% contraction when compared to November 2019, and the ninth reduction after 20 year-over-year consecutive increments, the Puerto Rico Economic Development Bank revealed. The EDB-EAI decreased by 0.4% when compared to the previous month. EDB President Pablo G. Muñiz-Reyes said the crisis created […]
Sacred Heart University in Santurce was one of seven colleges to receive funding through the Online News “2020 Challenge Fund for Innovation in Journalism Education,” to experiment with local news collaboration. Each university will partner with local news organizations to explore news ways of teaching journalism and delivering information to their local communities. Sacred Heart […]
Rep. Eladio ‘Layito’ Cardona-Quiles, who represents District 16, announced the upcoming reopening of the Plaza Agropecuaria in San Sebastián to promote family markets and economic activity in the region he represents. The plaza will reopen Feb. 5. The reopening comes after talks with Agriculture Secretary-designate Ramón González, who confirmed the availability of $2 million in […]
RSM Puerto Rico, a local audit, tax and consulting firm focused on the middle market, reported a revenue growth of 7.1% at closing of fiscal 2020, which it described as “an extremely challenging year for the business community both locally and globally.” Business consulting and tax advisory services grew 9.2% and 10.1%, respectively, attributed to […]
With COVID-19 vaccine distribution taking hold across the US, consumers are feeling the end of the pandemic is near, according to recent research shared by Discover Puerto Rico. According to new research from online travel marketplace KOALA, after analyzing the Google data, Puerto Rico was revealed as number one in the list of places that […]
The owners of the Pokébar Hawaiian Kitchen are marking the success of their small chain that got its start in 2019 in the Condado sector of San Juan, with the recent opening of a second restaurant in Hato Rey. This modern concept arose from an idea by Emmanuel Márquez and his brother Cristian Marquez. They […]
During the pandemic years of 2020-21, working remotely from home, virtual classrooms and ongoing livestream conferencing are still a constant. Cybercitizens must stay connected to the web constantly as never before. Productivity is a must, but weak WiFi signals can reduce efficiency. Navigating with a weak web connection becomes a nuisance when there is a […]
Secretary of State, Larry N. Seilhamer announced Administrative Order 2021-01, which grants an amnesty eliminating fines or penalties imposed on active entities for not filing annual reports or paying their annual fees prior to 2020 on time. The amnesty period begins today and ends Feb.17, 2021 and applies only to active entities. The fine waiver […]
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA