13K+ Puerto Ricans sign up to Eats Pass discount service
November 5, 2021
Six months after its launch, more than 13,000 Puerto Ricans have joined Uber’s discount and benefits membership, Eats Pass, for which all together they have saved more than $900,000 on their purchases, the company announced. From getting around the city with the Uber app, sending items through Uber Flash, and ordering from restaurants, shops, pharmacies, […]
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Liberty Puerto Rico reports $359M in 3Q21 revenue
November 4, 2021
Liberty Puerto Rico is still reporting positive results from its acquisition of AT&T Puerto Rico’s assets, which nearly tripled its revenues to $359 million during the third quarter ended Sept. 30, when compared to the $114.4 million for the same year-ago period. The report shows that Liberty Puerto Rico’s revenue grew by 214% and 2% […]
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CNE estimates damage to unrepaired homes in Puerto Rico post-hurricanes at $11.8B
November 4, 2021
The Center for a New Economy’s (CNE) Blueprint initiative presented a digital platform that helps identify and monitor the extent to which Puerto Rican families and households have been able to overcome the damages to their homes after Hurricanes Irma and María. Official government reports indicate that about a third of the housing units in […]
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Vieques Sustainable Economic Dev’t Council presents multi-action plan
November 4, 2021
The Vieques Sustainable Economic Development Council — created earlier this year to move the economy of the island municipality forward — presented to Gov. Pedro Pierluisi a multi-strategy plan to develop tourism, jobs, improve transportation, health, infrastructure, energy, security, education, and special projects. One of the steps taken by the Council is to recommend that […]
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Puerto Rico Cocktail Week features agenda for cocktail lovers
November 4, 2021
The third edition of Puerto Rico Coctail week, planned for Nov. 14-20 at the La Concha Resort hotel in Condado will feature a dozen educational workshops for hospitality industry professionals and cocktails lovers, as well as social activities to present new products on the market and highlight popular cocktails, organizers said. The activities will feature […]
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General Services Admin. unveils new registry platform for gov’t providers
November 4, 2021
The General Services Administration (ASG, in Spanish) announced the launch of its new digital platform, called “Registros,” designed to combine the registration of suppliers of goods and government service providers in the same registry. The installation of “Registros”represents a saving of $55,000 in operational expenses for ASG and facilitates the work of the agency in […]
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KAYAK unveils Spanish-language travel planning tools
November 3, 2021
Travel search engine KAYAK is bringing to Puerto Rico its online tools to help travelers experience the world, now in Spanish. KAYAK in Spanish was launched in July 2017 to serve the Hispanic audience in the United States, as well as 13 other countries and territories in Central and South America, making the full range […]
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Carbono3 opens call for applications for C3 Impact Lab Venture Building program
November 3, 2021
Carbono3 announces the 1st cohort of its C3 Impact Lab Venture Building program. Up to a total of 15 teams will be selected to receive the 12-month venture building support. An early submission application deadline will be available until Nov. 22, 2021. This early submission deadline will increase the chances of participation in the program […]
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Puerto Rican e-commerce platform Giftfully transforms gifting and rewarding
November 3, 2021
In time for the upcoming holiday season, e-commerce platform Giftfully — founded by two Puerto Rican women entrepreneurs — is offering an alternative in gift-giving with more than 100 local experiences available to present as gifts, incentives, or rewards. Nelia Villanueva and Marta Rivera, who made an initial investment of $50,000, head the operation that […]
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Frontier Airlines’ new JAX/LMM route to net $13M/yr. for Puerto Rico
November 2, 2021
Low-fare carrier Frontier Airlines has officially launched nonstop flights from Jacksonville International Airport (JAX) to the Luis Muñoz Marín International Airport (LMM), after announcing it would bridge the destinations in August, as News is my Business reported. The new connection is expected to generate $13.1 million for the island during a year of operations, local […]
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SBA-backed working capital loans to Puerto Rico up 68% in Fiscal ’21
November 2, 2021
The US Small Business Administration backed 411 7(a) working capital loans for $89.3 million in Fiscal ’21, exceeding by 68% the $53.3 million on record for Fiscal ’20 for Puerto Rico, the agency confirmed. The agency also confirmed it saw an increased amount of 7(a) working capital loans in Fiscal ’21 — by count and […]
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Colmena66 to host virtual Boricua Emprende Entrepreneur Fest
November 2, 2021
Colmena66 — a program of the Puerto Rico Science, Technology & Research Trust — is putting out an open call to register for the third annual Boricua Entrepreneur Fest (BE Fest), an entrepreneurship education event that “builds, connects and celebrates the island’s business ecosystem.” The BE Fest is an annual event designed for small and […]
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EDB’s Economic Activity Index shows 3.3% YoY growth in August
November 2, 2021
The Puerto Rico Economic Development Bank’s Economic Activity Index reflected a year-on-year increase of 3.3% for last August, which represents the sixth increase after 12 consecutive reductions, the agency confirmed. Compared to July, the same indicator reflected a slight improvement, an increase of 0.2%. “While it’s true that these are positive indicators, we’re also monitoring […]
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IGT PlaySports partners with The Stadium LLC to expand in Puerto Rico
November 2, 2021
International Game Technology PLC announced it has expanded its sports betting market footprint in Puerto Rico via a multi-year technology and services agreement with The Stadium LLC. The Stadium LLC owns and operates WinIn, a Puerto-Rico based entertainment company that has partnerships with eSports companies and the Liga de Béisbol Profesional Roberto Clemente baseball league that plans […]
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DNER transfers oversight of public beaches, recreational areas to 4 towns
November 2, 2021
The Department of Natural and Environmental Resources (DNER, in Spanish) has signed collaboration agreements with the municipalities of Humacao, Manatí, Toa Baja and Vieques so that each of the mayors can manage and improve the government-run public beaches and recreational areas. Most of the agreements are on an initial four-to-five-year term, renewable for up to […]
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