Dept. of Homeland Security actively scouting for IT providers, interns in P.R.
May 22, 2019
If there has ever been a time for Puerto Rico’s small businesses to take their shot at becoming a provider of goods and services to the U.S. Department of Homeland Security, that time is now. In an exclusive interview with News is my Business, Soraya Correa, chief procurement officer of the mammoth agency — and […]
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Construction of $107M Dorado Beach Health hospital underway for ’21 opening
May 21, 2019
The developers of the future Dorado Beach Health, a $107 million hospital facility that will raise the standard of care on the island and increase its potential to become the center of medical tourism in the region, announced the start of the construction. The property should open its doors in 2021 and will feature a […]
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AON’s P.R. Benefits Outlook ’19 edition features new virtual platform
May 21, 2019
Professional services company Aon plc announced the start of the 2019 edition of the “Puerto Rico Benefits Outlook,” a comprehensive benefits survey carried out on the island on strategies, innovative benefits programs and changes in the traditional schemes of companies. The 2019 edition of Puerto Rico Benefits Outlook will address relevant issues such as: strategies […]
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DMO Discover Puerto Rico forecasts growth for rest of ’19
May 20, 2019
While there has been a shift in visitors from hotels to independent rentals, Discover Puerto Rico forecasts for hotel occupancy in the third and fourth quarters of 2019 show a 16% increase in demand from the prior year, the Destination Marketing Organization’s CEO Brad Dean said. According to Discover Puerto Rico’s numbers, there were some […]
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Microsoft Security Intelligence Report sheds light on cybersecurity risk in the Americas
May 20, 2019
Following the release of Microsoft’s 24th edition Microsoft Intelligence Security Report (SIR), the company dives into regional insights revealing Puerto Rico security risk is lower than global averages. This year’s edition of the report includes an overview of the security landscape, lessons learned from the field, and cyber security best practices to better protect consumers, partners and customers. The recently […]
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Coco’s-at-the-Yacht Club celebrates Palmas del Mar community’s comeback
May 20, 2019
By Christine RussoSpecial to News is my Business While Puerto Rico continues to deal with the aftermath of Hurricane María, a pair of entrepreneurs are determined to bring together community through their commitment to making people happy. Palmas Del Mar had been hit particularly hard by María as it is located in Humacao – where […]
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Op-Ed: How new social media trends can boost your business
May 20, 2019
No one can argue that living in the technology era has made life much easier. Sometimes all our problems are solved simply by opening an app and clicking on a button. Although our relationship with technology is becoming closer and closer, we also see consumers´ desire to establish trust relationships with brands, especially those that […]
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FirstBank grants $2M in CAPLine financing to Kandor Manufacturing
May 20, 2019
In the next few months, Kandor Manufacturing will increase its staff with 225 new jobs based in Arecibo, after receiving a $2 million line of credit from FirstBank. Kandor, a Puerto Rican company specializing in the manufacture of uniforms and military supplies, recently received the third line of credit issued on the island under the […]
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Causa Local brings access to capital closer to startups
May 20, 2019
Nonprofit organization Causa Local Founder Ana María Cintrón talks about the mission to provide alternative access to capital for small and medium businesses in Puerto Rico. Through crowdfunding and loans, local operations like Molcajete Foods are able to get their businesses off the ground, says Roberto Rivera, one of the three founding brothers of the […]
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Welcome to your Calendar of Events, brought to you by News is my Business!
May 19, 2019
After many, MANY years of juggling conflicting events — press conferences, roundtables, ribbon-cuttings all on the same day, at the same time! — News is my Business has created a public Calendar of Events to help our readers organize their activities, for everybody to see! This public calendar seeks to help you, our readers — […]
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SME study reveals that 1M+ people shop online in and outside P.R.
May 17, 2019
One million people in Puerto Rico shop online, from establishments on and off Puerto Rico, according to the 2019 Digital & Mobile Behavioral Study by the Puerto Rico Sales and Marketing Executives Association. “Conservatively, the estimated amount of spending on online purchases already amounts to $220 million annually and it is important to note that […]
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Bravo commits $100M to Bravo Family Foundation to continue helping P.R.
May 17, 2019
Orlando Bravo, managing partner of private equity firm Thoma Bravo and founder of the Bravo Family Foundation, announced he will personally contribute $100 million to his foundation to promote entrepreneurship and economic development in Puerto Rico, where Bravo was raised, and his family still lives. Bravo will leverage his financial resources and professional relationships — […]
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CAMBIO, IEEFA sue to get PREPA to release public documents and data
May 17, 2019
The Institute for Energy Economics and Financial Analysis and CAMBIO, a Puerto Rico-based environmental nonprofit organization, filed a mandamus action in San Juan Superior Court to obtain information about the Puerto Rico Electric Power Authority’s system and ongoing privatization process. “Very little information has been provided about the underlying studies or plans related to the […]
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USDA to assign $5.4M to 5 rural projects in P.R.
May 17, 2019
The U.S. Department of Agriculture is investing $68 million to build or improve community facilities and essential services for nearly 715,000 rural residents in 13 states and Puerto Rico. On the island, five proposals were selected for a total investment of $5.4 million, said USDA Rural Development State Director for Puerto Rico, Josué E. Rivera. […]
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CPI heads group that sues U.S. Treasury for info on Oversight Board members
May 16, 2019
A lawsuit was filed in the New York District Court to demand information about the files related to the process of appointing the members of the Oversight Board, specifically the documents related to ethical conflicts and the financial disclosures that were required, the Center for Investigative Journalism (CPI) announced. The lawsuit — which also seeks […]
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