Univ. signs collaborative agreements to create jobs
February 20, 2014
The Center for Empowerment and Free Enterprise at the Universidad del Este in Carolina signed several collaborative agreements with private-sector organizations, the government and communities, to spur job creation in Puerto Rico, college officials announced Wednesday.
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Flamers, Bora Bora busted for not paying $1.2M in IVU
February 19, 2014
Two executives who own the Bora Bora and Flamers retail establishments are facing 36 counts of tax evasion and illegal appropriation of public funds for failing to remit more than $1.2 million in sales and use tax money collected between 2009 and 2012, according to the findings of a joint investigation by the Puerto Rico Justice and Treasury Departments.
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‘Code for America’ fellows to develop gov’t solutions
February 7, 2014
A group of Code for America (CfA) programmers will be helping the Puerto Rican government develop tools to address the island’s civic needs, CIO Giancarlo González and Science, Technology and Research Trust Executive Director Iván Ríos-Mena announced Thursday.
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Puerto Rico gov. vows to submit balanced budget for FY ’15
February 3, 2014
Ingrid Vila Biaggi, chief of staff to Puerto Rico Governor Alejandro García-Padilla, announced today that a balanced budget for the 2014-2015 fiscal year will be introduced in the coming weeks.
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Puerto Rico P3 Authority appoints project advisors
December 30, 2013
The Puerto Rico Public Private Partnership Authority recently announced the appointment of several advisory firms for key projects in the pipeline, namely, the commuter train from Caguas to San Juan, a new women’s correctional facility, a new men’s correctional facility, and the conversion to natural gas of the Puerto Rico Electric Power Authority plants.
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Op-Ed: Puerto Rico needs to jump on developing C&IT
December 30, 2013
I was glad to see the story on H. Calero’s views on the IT industry. The communications and information technology (C&IT) industry has been the focus of attention in a number of studies at least going back to the 1999-2000 A.D. Little/Estudios Técnicos Inc. study on S&T based economic development strategies.
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Seaborne Airlines relocating HQs to Puerto Rico
December 19, 2013
Seaborne Airlines announced Wednesday it has reached agreement with the Commonwealth of Puerto Rico to relocate its corporate headquarters from St. Croix in the U.S. Virgin Islands to San Juan as part of a multi-faceted arrangement that calls for a $16 million investment from the government, officials announced Wednesday.
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Progreso Económico: Gov’t payroll shrinks by 55K posts
December 13, 2013
Puerto Rico’s declining population, rapidly aging workforce, significant fiscal pressures and subsequent policy measures have combined to prompt a reduction in the government’s workforce over the past five years by as many as 55,000 jobs, or almost 20 percent of the public sector’s workforce.
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Puerto Rico CIO hosting 1st UX/UI Bootcamp event
December 3, 2013
The Puerto Rico Office of the CIO, in conjunction with the Science, Technology and Research Trust, will host the first UX/UI Bootcamp Empirical Design Marathon to develop a style guide that defines best practices for design, flow, navigation and structure of the government’s information systems.
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Puerto Rican farmers to sell lettuce to McDonald’s
November 22, 2013
The government of Puerto Rico announced Thursday the signing of a collaborative agreement with Arcos Dorados, the franchisee of the McDonald’s fast food chain, to enable the production of iceberg lettuce for the restaurant by local farmers.
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Puerto Rico’s 1st official Human Dev. Report underway
November 18, 2013
Puerto Rico government officials announced the start of the process to prepare the island’s first official Human Development Report, to be based on the methodology that the United Nations Program for Development has been using since 1992.
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Study: Nearly ½ of Puerto Rico residents live in poverty
October 23, 2013
Puerto Rico projects the image of a society that has achieved material progress but behind the curtain lies a stark reality: 45.6 percent of its people live in poverty compared with 15.9 percent in the U.S., according to a report released by the Pontifical Catholic University of Puerto Rico (PUCPR).
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Puerto Rico gov’t projects 17% revenue growth in FY ’14
October 16, 2013
Puerto Rico government officials told investors Tuesday that the Commonwealth's Fiscal 2014 General Fund budget revenue will grow by $1.7 billion, or 17 percent, largely due to new tax measures, amendments to Law 154 and an expansion of the Sales and Use Tax (IVU, as it is known in Spanish) base.
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Government shutdown affects Puerto Rico tourism spots
October 3, 2013
The Puerto Rico Tourism Co. announced Wednesday it has activated its contingency plan to address the closing of a number of federal offices and facilities frequented by tourist, including the El San Felipe del Morro fort in Old San Juan and the El Yunque National Rainforest.
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CNE: Puerto Rico’s fiscal base has, will continue to erode
September 18, 2013
Puerto Rico's socioeconomic fiscal base has eroded and continues to erode significantly, while the central government and some public corporations are basically insolvent.
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