Oriental grants $1.5M loan for new multi-use complex
November 4, 2019
As part of its commitment to small- and medium-sized business, Oriental confirmed it has granted a $1.5 million loan Eventiu Corp. for the development of the SportLand Center multipurpose complex. SportLand Center will be the first and only indoor multi-purpose sports complex with air conditioning in Puerto Rico, company officials said. It will feature four […]
chat_bubble0 Comment
visibility2084 Views
Committee on Collaborative Economics meets for 1st time to discuss sector issues
November 4, 2019
The Committee on Collaborative Economics met recently to discuss pressing issues that will give continuity to the work underway to create a procedural framework that enhances the development of this economic sector quickly, consistently and in a transparent manner, Economic Development and Commerce Secretary Manuel Laboy announced. “It is expected that by 2025 the collaborative […]
chat_bubble0 Comment
visibility1044 Views
Op-Ed: Rooftop solar, batteries can lead the way to building a resilient P.R.
November 4, 2019
Two years after Hurricanes Irma and María changed all of our lives, we are just starting to turn the corner. Puerto Rico adopted legislation earlier this year that enshrines a 100% renewable energy future for the island and provides a strong foundation for building a new, more resilient and just economy for all. It is […]
chat_bubble0 Comment
visibility1435 Views
P.R. manufacturing index drops to 43.8 in Sept., suggesting sector contraction
November 4, 2019
The Purchasing Managers Index for Puerto Rico’s manufacturing sector decreased to 43.8 in September but remained below the threshold level for the sixth consecutive month. A Puerto Rico Manufacturing-Purchasing Managers Index (PRM-PMI) reading below the threshold level suggests a contraction in the manufacturing sector with respect to the previous month. The New Orders and Employment […]
chat_bubble0 Comment
visibility1505 Views
McDonald’s supports employees through “Starting Point” initiative with INprende
November 4, 2019
McDonald’s Puerto Rico recently held the first year of “Starting Point” program that encourages personal and professional growth its restaurant employees. Through educational workshops facilitated by entrepreneurial entity INprende, employees from several parts of the island were able to access tools to develop their ideas or personal and professional projects. As a second phase of […]
chat_bubble0 Comment
visibility1912 Views
Bravo Family Foundation opens call for Rising Entrepreneurs Program
November 1, 2019
The Bravo Family Foundation — a philanthropic entity founded by Puerto Rican businessman Orlando Bravo — announced an open call for its Rising Entrepreneurs Program, one of the foundation’s key initiatives, that promotes entrepreneurship among Puerto Rican youth. Those interested in participating must fill the online application no later than Friday, Dec. 6, 2019. “This […]
chat_bubble1 Comment
visibility2147 Views
Passenger traffic at Aguadilla airport moving at brisk pace
November 1, 2019
The Rafael Hernández Airport in Aguadilla registered a record number of passengers through. October, beating the total number of arrivals during the 12 months of 2018, Puerto Rico Tourism Company Executive Director Carla Campos said. So far, 617,000 passengers have arrived at this northwest airport, exceeding the 608,000 reached during the full year 2018, without […]
chat_bubble0 Comment
visibility2152 Views
Op-Ed: The magic wand
November 1, 2019
I love the fanciful premise of the iconic film “Dave” in which a president who really is not, and who has no long-term aspirations, decides to adopt revolutionary, yet logical measures that any reasonable president would if they did not have their hands tied weighing on political considerations that help re-election. I recently realized that […]
chat_bubble1 Comment
visibility2287 Views
Air Canada, WestJet launch seasonal air routes from Canada to San Juan
October 31, 2019
Two of Canada’s main airlines — Air Canada and WestJet — have launched seasonal service between that country and Puerto Rico, this media outlet confirmed. Canada’s largest airline, Air Canada, began seasonal operations to Puerto Rico Sunday, Oct. 27, with two weekly flights (Saturdays/Sundays) from Toronto. Starting Feb. 17, 2019, the carrier will increase the frequency […]
chat_bubble0 Comment
visibility2360 Views
Evertec reports 6% year-over-year revenue growth $118.8M in 3Q19
October 31, 2019
Evertec Inc. announced results for the third quarter ended Sept. 30, which showed that revenue grew 6% to $118.8 million compared with $112.0 million in the prior year. Revenue increase in the quarter reflected growth across all segments and included benefits from value added solutions, new managed services and other pricing actions. Additionally, increased revenue […]
chat_bubble0 Comment
visibility1245 Views
EPA grants PathStone Corp. $200K in environmental workforce, job training grants
October 31, 2019
The U.S. Environmental Protection Agency announced the selection of 26 organizations to receive a total of $5.1 million in grants for environmental job training programs across the country. Funded through the agency’s successful Environmental Workforce Development and Job Training Program, these grants help to create a skilled workforce in communities where EPA brownfields assessment and […]
chat_bubble0 Comment
visibility1926 Views
Open Spaces urges Congress to push for greater transparency from OBoard
October 31, 2019
Nonprofit organization Open Spaces posed to several members of U.S. Congress that if the Financial Oversight and Management Board for Puerto Rico is not eliminated, transparency regulations must be imposed on its executives and its contractors, a firmer code of ethics, and a re-routing of the failed fiscal policies the body has implemented. In a […]
chat_bubble0 Comment
visibility1471 Views
FirstBank trains 125 business owners in partnership with INprende
October 31, 2019
Looking to strengthening the operations of 125 local small business owners and to help improve Puerto Rico’s financial activity, FirstBank presented for its second year in a row its “1Éxito” (“One Success”) program, in partnership with INprende, through which FirstBank offered free business optimization workshops. The “1Éxito” training program began in 2018 as part of […]
chat_bubble0 Comment
visibility1238 Views
Claro launches on-the-go ‘TV Everywhere’ service for Claro TV customers
October 31, 2019
Telecommunications company Claro announced the launch of TV Everywhere, for its Claro TV IPTV customers, through which they may access their programming by streaming the channels they are subscribed to via the carrier’s application. Customers may access content through their mobile phone, tablet or computer, wherever they are, 24 hours a day. “With Claro TV […]
chat_bubble0 Comment
visibility2227 Views
Top Eliminator Dragster opens at The Outlet 66 Mall in Canóvanas
October 31, 2019
Thrill seekers in Puerto Rico have the chance to feel the ultimate in automotive acceleration with the majestic backdrop of El Yunque Rainforest at Top Eliminator Dragster Puerto Rico, located in the back parking lot of The Outlet 66 Mall. Race car enthusiasts visiting The Outlet 66 Mall can get a double shot of high-octane […]
chat_bubble0 Comment
visibility2994 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA