Puerto Rico Fast Ferries LLC, a company that has been providing supplemental services to the government’s Maritime Transportation Authority (MTA) for ferry connections between Puerto Rico, Vieques and Culebra, has filed a legal challenge against the recent 23-year public-private partnership concession granted to HMS Ferries Inc. to take over the operation. In a 56-page legal […]
Puerto Rico’s retail sales reached $3 billion in August, representing a 11.5% year-over-year increase, which government officials attributed to the economic reopening in the midst of the COVID-19 pandemic. This represents the third increase reported in retail sales so far in 2020, said Department of Economic Development and Commerce Secretary Manuel Laboy, citing the agency’s […]
[EDITOR’S NOTE: This post is an advertorial sponsored by Banco Popular de Puerto Rico.] In recent months, many companies and businesses have had to adapt their ways of working and sometimes reinvent themselves. Aware of the impact left by the COVID-19 pandemic, Popular continues its efforts to make life easier for business customers through the […]
Rumors and conspiracy theories constantly fly about like bats in the night through the powerful social media grapevine. The recent buzz is that our mobile phones are secretly spying on us. Hmmm. Wish we all were that important! The speculation was let loose when many smartphone users began to notice different colored dots appearing on […]
This year, as COVID-19 rages on, Thanksgiving weekend online holiday shopping is expecting 35% growth compared to 2019. The trend is positive for Puerto Rico’s technology-based companies that will offer discounts to ignite the start of the holiday season. In addition to the savings they represent, these special sales are an opportunity to try new products […]
The Plaza Las Américas shopping center announced the opening of new stores just in time for the start of the holiday season. Boronea, Euromoda Sport, Resveralife and Roma opened their doors over the past three months, shopping center executives said. “We’re very excited to be able to offer our visitors new shopping experiences by reinforcing […]
Sacred Heart University, in partnership with health services company TeleMedik, launched an educational campaign promoting a safe celebration of the 2020 Christmas festivities. “Celebra de corazón #NoInvitesAlCOVID19” [“Celebrate from your heart #DoNotInviteCOVID19”] seeks to provide tips and ideas to celebrate without spreading the virus. “The longest Christmas season in the world is about to start […]
Foundation for Puerto Rico President Annie Mayol recently received the Clinton Global Citizen Award, an honor bestowed to “outstanding individuals for their commendable leadership and work toward positive and lasting social change,” the organization founded by former President Bill Clinton said. Mayol’s path at Foundation for Puerto Rico began in 2018, shortly after the devastation that Hurricane María caused on […]
Donations to nonprofit organizations in Puerto Rico through Evertec’s “Donate” feature included in its ATH Móvil application have doubled to $3 million so far in 2020 and have brought the 1.5 million users closer to the sector, company officials said. Registrations of nonprofits in the ATH Móvil donation service and the amount of donations through […]
Having the world’s longest holiday season will work in favor of Puerto Rico-based retailers as they face a 13% drop in shopping intention this year compared with 2019, according to results from “Santa’s List 2020,” the fifth edition of the annual holiday consumer survey done by advertising agency Arteaga & Arteaga. The last big drop […]
Flanked by government officials, the owners of the future Kontel Adventure Hotel, a $720,000 eco-friendly property catering to kite surfers, broke ground on the property to be located on the beach in Santa Isabel. The brainchild of entrepreneurs Sandrysabel Ortiz and Miguel Vázquez will generate eight jobs during the construction phase that will begin in […]
Triple-S Vida announced its entry into the Florida and Texas markets to offer its cancer and life insurance products and “position itself as an affordable and reliable option for consumers seeking economic protection against life’s events.” “These two markets offer us access to broad Hispanic populations, as well as an introduction to other consumers. We’re […]
High-speed business internet service provider AeroNet announces a $7 million acquisition of 2.5 GHz mid-band spectrum from the Ana G. Méndez University System. “The 2.5 GHz band is currently one of the most valuable spectrum bands for 5G and is paramount for the next-generation wireless networks,” AeroNet officials said. This spectrum acquisition is a “crucial […]
In the wake of a non-traditional Black Friday, eBay announced discounts of up to 60% on items in several categories that will benefit Puerto Rican buyers who choose to make their purchases online on the official opening day of the holiday sales season. Discounts apply to high-demand, recognized brands items in different categories, including electronics, […]
As part of the efforts to aid communities as a result of the COVID-19 emergency, FirstBank donated $113,000 to 15 nonprofit organizations throughout Puerto Rico the island. The community organizations that received the donations were: Acueducto Rural Palmarito; Asesores Financieros; Food Bank Puerto Rico; Boys & Girls Club; Centro Comunitario Reverenda Inés J. Figueroa; Concilio […]
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