Op-Ed: Puerto Rico’s Plan of Adjustment in peril, we all face unknown journey
October 27, 2021
On July 1, 2016, Puerto Rico decided to default on its General Obligations bonds, a credit protected by our constitution and debt which should have NEVER defaulted. Most of us realize the Financial Oversight and Management Board for Puerto Rico (FOMB) exists because our politicians could not avoid the financial crisis that led us to […]
chat_bubble0 Comment
visibility1745 Views
Puerto Rico telecom official named to FirstNet Authority board
October 27, 2021
Alexandra Fernández-Navarro, current commissioner of the Puerto Rico Public Service Regulatory Board, has been named by the US Secretary of Commerce to serve on the Board of the First Responder Network Authority. The FirstNet Authority has 12 non-permanent members selected by the Department of Commerce and three permanent seats occupied by the US Attorney General, the […]
chat_bubble0 Comment
visibility1697 Views
PRITS announces creation of new Digital Accessibility Committee
October 27, 2021
The Puerto Rico Innovation and Technology Services (PRITS) office announced the creation of the Digital Accessibility Committee, as part of their initiatives to give priority to the needs of the community of people with visual and hearing disabilities. The committee is made up of community members with disabilities, as well as staff from the Ombudsman […]
chat_bubble0 Comment
visibility1893 Views
Grupo Guayacán opens EnterPRize 2021 Judging Session to the public
October 27, 2021
The 16th edition of the EnterPRize business competition is in its homestretch, and for the first time, the public will be able to witness the companies’ final presentations and vote for their favorite team for the special award “Sembrando el Futuro.” This award is one of many prizes that will be granted on Dec. […]
chat_bubble0 Comment
visibility2221 Views
First BanCorp. reports $75.7M in 3Q21 net income
October 26, 2021
First BanCorp., FirstBank Puerto Rico’s parent company, reported net income of $75.7 million, or $0.36 per diluted share, for the third quarter of 2021, compared to $70.6 million, or $0.33 per diluted share, for the second quarter of 2021, and $28.6 million, or $0.13 per diluted share, for the third quarter of 2020. Financial results […]
chat_bubble0 Comment
visibility2415 Views
Online platform Seed, which caters to Latin music industry, to launch new program
October 26, 2021
As part of its mission to help the new generation of independent artists, producers, and music entrepreneurs, the Seed online platform announced the launch of R3, an educational program where users will learn to register their music and collect their royalties internationally in three steps. The program will go live Oct. 28, platform officials said. […]
chat_bubble2 Comments
visibility2676 Views
WestJet to return to Puerto Rico after COVID-19 hiatus
October 26, 2021
Canadian airline WestJet announced it will be returning to Puerto Rico during the upcoming winter season, with a once-weekly flight between the Luis Muñoz Marín International Airport (LMM) and the city of Toronto. Service is slated to begin Dec. 18, the company confirmed. Puerto Rico is one of 95 destinations that the carrier will fly […]
chat_bubble0 Comment
visibility1272 Views
SBA, Western Puerto Rico Chamber of Commerce to benefit businesses
October 26, 2021
The US Small Business Administration Puerto Rico & US Virgin Islands District Office entered a formal partnership with Western Puerto Rico Chamber of Commerce Inc. to foster an economic climate favorable to the development of small businesses and entrepreneurs. By signing a Strategic Alliance Memorandum, the SBA and the Western PR Chamber will present information and […]
chat_bubble0 Comment
visibility1319 Views
Puerto Rico’s small businesses to get boost into new markets through agreement
October 26, 2021
An agreement between the United Retailers Association (CUD in Spanish) and the Puerto Rico Economic Development Bank (EDB, in Spanish) seeks to boost growth among the island’s small- and medium-sized businesses into new markets. The collaboration between the public agency and the trade group will provide, among other benefits, public workspaces to CUD members. The […]
chat_bubble0 Comment
visibility1426 Views
US Travel Assoc.: Puerto Rico leads way in travel recovery
October 25, 2021
The US Travel Association’s Recovery Dashboard with data from Tourism Economics confirmed that Puerto Rico is leading in recovery, with travel spending exceeding stateside averages. When comparing monthly spending, on average, the US was approximately 11% below the same time two years ago in September. But travel spending in Puerto Rico was more than 23% […]
chat_bubble0 Comment
visibility1624 Views
Cortelco to unveil new multi-service communications platform
October 25, 2021
Technology consulting company Cortelco Systems Puerto Rico Inc. is developing a service called “Lost Calls,” a communication platform for businesses and their clients that works as a messaging and calls system that converts text-to-speech into data. The company also announced a new cash dividend for its stockholders of $0.15 per share payable on Dec. 15, […]
chat_bubble0 Comment
visibility1990 Views
Small Inn Assoc. backs Dorado’s move to regulate short-term rentals
October 25, 2021
The Puerto Rico Association of Small Inn Owners and Tourism confirmed its support of a Municipal Ordinance passed in the Municipality of Dorado to regulate the more than 1,000 independent short-term rental accommodations operating in the town. Last week, local media outlets reported that the beachfront town is requiring a permit from short-term rental operators to […]
chat_bubble0 Comment
visibility4940 Views
NASA commits $1M for Puerto Rico EPSCoR chapter
October 25, 2021
The Puerto Rico chapter of the Established Program to Stimulate Competitive Research (EPSCoR) will be receiving $1 million over the next five years from the National Aeronautics and Space Administration (NASA). EPSCoR is a part of NASA’s Office of Stem Engagement and based out of the agency’s Kennedy Space Center in Florida, which supports science […]
chat_bubble0 Comment
visibility1625 Views
Liberty Puerto Rico donates $1M to support socio-economic initiatives
October 22, 2021
Liberty Puerto Rico announced it has made a special $1 million donation to invest in high-impact initiatives that contribute to the socio-economic development of Puerto Rico and the US Virgin Islands. As part of the celebration as the “New Liberty,” the donation was made through the Liberty Foundation as a “gesture of gratitude for the […]
chat_bubble0 Comment
visibility1794 Views
Puerto Rico residents have bleak outlook on current situation, future
October 22, 2021
A study commissioned by the Puerto Rico Sales and Marketing Executives Association (SME, in Spanish) revealed that 78% of Puerto Rico residents believe that quality of life on the island is worse now than it was five years ago. Of that group, 84% are women mostly between 55 and 64 years of age, as well […]
chat_bubble0 Comment
visibility1584 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA