Iberia to launch 3 weekly San Juan/Madrid flights starting July 2
May 19, 2021
Spain’s flagship airline, Iberia, will resume its San Juan/Madrid direct connections starting July 2, with three weekly flights out of the Luis Muñoz Marín International Airport (LMM). The traffic will represent $8.5 million in economic benefit for Puerto Rico over a year. Iberia will be operating the Madrid-San Juan route on Tuesdays, Fridays, and Sundays […]
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Discover Puerto Rico remains ‘optimistic’ for tourism sector recovery
May 19, 2021
As Discover Puerto Rico continues to work closely with partners on and off-Island to accelerate the economic recovery that is underway, it is citing positive trends pointing toward what it called “the great recovery of travel and tourism.” “Consumers want to travel, and while some are determined to travel regardless of the health outlook, others […]
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Op-Ed: Pandemic highlights advances and barriers to patient-centered care in Puerto Rico
May 19, 2021
The pandemic has served to advance patient-centered care, while further exposing barriers to more technological innovations that could benefit patients. One of the more obvious advances was the rapid growth of all telehealth solutions by both providers and patients, particularly during the stringent lockdown period that we experienced in 2020. As we have slowly returned […]
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Uber: Phones, wallets are most forgotten items during rides through app
May 19, 2021
Rideshare company Uber, which arrived in Puerto Rico in July 2016, keeps tabs on what users leave behind after getting a ride, with phones and wallets among the most forgotten items by users in the United States and Puerto Rico, as well as objects such as clothing, keys, glasses, and personal identification. In addition, app […]
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Airbnb rolls out initiatives to promote responsible summer travel in Puerto Rico
May 19, 2021
As travel begins to pick up once again, and travelers opt to stay in entire homes, considered to be the safer way to travel according to the CDC, short-term rental company Airbnb is rolling out a number of initiatives to promote safety. “We’ve learned that July 4 is being pegged, by some, as the ‘reopening’ […]
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Puerto Rico’s manufacturing sector advances, exceeds pre-COVID-19 levels
May 18, 2021
Manufacturing activity has advanced steadily over the past 10 months and, for the first time since the COVID-19 outbreak, has exceeded the pre-pandemic level, according to the Manufacturing Coincident Indicators Index (IICM, in Spansih) for February 2021. Industrial activity in February increased 0.6% (seasonally adjusted) and registered a value of 104.1 points when compared to […]
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Estudios Técnicos: Keeping track of the risk of inflation in Puerto Rico
May 18, 2021
The fear of an inflationary wave in the United States has implications for Puerto Rico, precisely because the island’s prices are largely determined by what happens stateside. Puerto Rico’s inflation rate has been rebounding since October 2020, although during the first quarter of 2021, the Consumer Price Index (CPI) remained at a rate slightly below […]
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General Services Administration to donate excess gov’t property to nonprofits, other entities
May 18, 2021
The General Services Administration has a variety of materials, products and equipment, classified as surplus by the federal government, available for donation to governmental entities and eligible nonprofit organizations, agency Administrator Karla G. Mercado-Rivera announced. The eligible entities could have access to an inventory that includes vehicles, computers, office equipment, articles and products of all […]
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Caribbean to host 1st version of virtual Women Economic Forum Aug. 24-27
May 17, 2021
The Caribbean will host the first virtual Women Economic Forum focused on the region with leaders from the business, political and social spheres to promote the seal for gender equality between academia, business and the state, organizers announced. Leadership and female empowerment will be the central axis of this virtual meeting that will take place […]
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Puerto Rico retail sales up 13% YoY to $2.6B in Feb. ’21
May 17, 2021
Puerto Rico’s retail activity was bustling in February, when they grew by 13% in comparison to the same month in 2020. The Department of Economic Development and Commerce’s (DDEC, in Spanish) Retail Sales Report showed sales reached $2.6 billion. This is the ninth recorded increase in sales at an annual rate, all consecutively and the […]
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USDA expands access to capital for very small rural businesses
May 17, 2021
The US Department of Agriculture (USDA) announced that it has implemented a series of actions to make it easier for very small rural businesses to get access to capital. The changes will strengthen businesses in Puerto Rico’s rural communities. In prior years, Pathstone Corporation has been the only entity to apply for funding, local agency […]
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Evertec launches 7th edition of scholarship program, focused on STEM
May 17, 2021
In its pursuit of contributing to the development of an exceedingly technological society with the need for young professionals who can perform competitively in the new job market, Evertec announced the launch of the 7th edition of its scholarship program aimed at university students from Puerto Rico and Latin America who are focused on the […]
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SME’s Digital Trends Study pegs Puerto Rico’s online sales at $458M
May 14, 2021
The 2021 edition of the Puerto Rico Sales and Marketing Executives Association’s (SME, in Spanish) Digital Trends Study confirmed that nearly 1.4 million people in Puerto Rico are doing their shopping online, a movement that has grown as a result of the COVID-19 pandemic. The study, commissioned to economic analysis firm Estudios Técnicos, showed that […]
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SBA’s PPP program runs out of funds before official deadline
May 14, 2021
The US Small Business Administration’s Paycheck Protection Program (PPP) has ended, as funding has run out more than two weeks before the program’s official May 31 deadline, sources have confirmed to News is my Business. Sources not authorized to speak publicly have confirmed the information that was first reported by The New York Times. According […]
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UPR’s virtual learning curriculum gets Middle States accreditation
May 14, 2021
The Middle States Commission on Higher Education has accredited all of the University of Puerto Rico’s campuses to offer its virtual learning curriculum as part of its efforts to expand its reach and learning experience for students in and outside Puerto Rico. UPR President Jorge Haddock said as a result of the COVID-19 pandemic, Puerto […]
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