Puerto Rican businesses in Orlando on a growth curve
April 7, 2021
Orlando, FL — The growing Puerto Rican and Hispanic population is reflected in the growth of businesses in Orlando. Interest had remained steady during the pandemic, as many businesses opened their doors, while the City of Orlando offers a series of incentives and workshops in Spanish focusing on business development that led to more opportunities […]
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Puerto Rico’s internet speeds zip past 121 countries, including US
April 7, 2021
In a recent study by FairInternet Report about the global industry, Puerto Rico ranked 21 among 142 jurisdictions with the highest average internet speeds in 2020. The report, which homogeneously compares the services offered worldwide to provide information to consumers, reflects that during the past year in Puerto Rico the internet speed was 34.44 mbps, […]
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Treasury Dept.: Jan. collections at $817M, beating forecast by $62.3M
April 6, 2021
Net income to the government’s General Fund during January — the seventh month of Fiscal 2021 — totaled $817 million, while accumulated collections from July to January, reached $6 million, compared to the $5.9 billion on record for the same period of Fiscal 2020. January collections beat the agency’s fiscal forecast by $36.3 million or […]
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Gov’t offers up to $10K in incentives to co.’s on export track
April 6, 2021
The Department of Economic Development and Commerce announced two calls with more than $425,000 available to encourage local companies to export their products and services. The initiative includes an Export Accelerator to train participants and financial incentives to pay for export initiatives of up to $10,000, said agency Secretary Manuel Cidre. “In Puerto Rico there […]
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Parallel18 open calls for 9th cohort for int’l accelerator program
April 6, 2021
Parallel18, a Puerto Rico Science, Technology, and Research Trust program, is now accepting applications for the ninth cohort of its international acceleration curriculum, P18. The San Juan-based accelerator is “actively looking for innovative companies with a global vision and with enough traction to scale operations.” Businesses that fit that profile will have until May 10th at midnight […]
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Spanish Broadcasting System, Katz Radio Group announce multi-year partnership
April 6, 2021
Spanish Broadcasting System Inc. announced it has teamed up with Katz Radio Group, which will now serve as SBS’s national sales representative under a multi-year agreement. Under the new partnership, Katz divisions — Christal Radio and Katz Radio — will manage SBS’ national spot business along with the creation of multicultural audio marketing campaigns across […]
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Sol Puerto Rico launches Shell SmartPay pay-at-the-pump option
April 5, 2021
Sol Puerto Rico Limited, distributor of Shell fuels and Pennzoil lubricants in Puerto Rico, announced the launch of Shell SmartPay, a new application that gives local customers a contactless pay-at-the-pump option at more than 45 stations participating in the program. “Shell SmartPay offers the easiest, fastest and safest way to pay for your gas at […]
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Coro Global Inc. unveils app in Puerto Rico that allows transacting in gold
April 5, 2021
Florida-based fintech firm Coro Global Inc. announced that its subsidiary Coro Corp., has been granted a US Money Transmitter license in Puerto Rico, allowing it to launch its CORO mobile payment app to the island, allowing users to exchange, send and save gold and dollars. Coro Global is “on a mission to support people in […]
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Dept. of Econ. Dev’t grants $2.6M to Abbott for job creation, retention
April 5, 2021
The Department of Economic Development and Commerce (DDEC, in Spanish) announced the the allocation of $2.6 million in incentives from the Special Fund for Economic Development to Abbott’s Puerto Rico facility to create and retain jobs and acquire machinery and equipment to expand operations. “The Department of Economic Development and Commerce granted this incentive to […]
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Op-Ed: 10 reasons why you need a project manager
April 5, 2021
Any effort toward something new, strategic or challenging in an organization, usually becomes a project, which involves project management. This requires carrying out many tasks that an operational team often does not have the time to perform, as its main goal is to stay focused on hitting the milestones. Consequently, organizations need to appoint a […]
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Our “Dollars & Sense” podcast series is BACK!
April 1, 2021
Check out our newest episode in which we chat with Luis Muñoz Marin International Airport CEO Jorge Hernández about the impact of COVID-19 on travel over the past year, and the road to recovery ahead. Find us on:🔊 Anchor: https://bit.ly/3cGzwA0🔊 Google Podcasts: https://bit.ly/2PfVbXd🔊 Apple Podcasts: https://apple.co/3rHAUXz🔊 Spotify: https://spoti.fi/3dmZ8Bp🔊 TuneIn: https://bit.ly/3cCblmy LISTEN! SHARE!
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Puerto Rico Tourism Co. sues World Travel and Tourism Council for $1.5M
April 1, 2021
The Puerto Rico Tourism Co. has filed a lawsuit against the World Travel and Tourism Council (WTTC) seeking a refund of $1.5 million it paid as part of an agreement — that was broken — to co-host the event, according to the claim filed at the San Juan Superior Court. In September 2019, local event […]
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Puerto Rico Ports Authority starts $1.2M fender replacement job at Puerto Nuevo docks
April 1, 2021
The Puerto Rico Ports Authority announced the start of a $1.2 million project to replace some 78 fenders at the Puerto Nuevo ports zone, at the C and H cargo loading docks, agency Executive Director Joel Pizá-Batiz said. The fenders “must be replaced as soon as possible, because, due to their state of deterioration, they […]
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UPR Mayagüez launches online master’s degree on Agricultural Economics
April 1, 2021
The University of Puerto Rico’s Mayagüez Campus (RUM, in Spanish) announced the availability of its first online master’s degree in Agricultural Economics, under the College of Agricultural Sciences. The degree received the approval of the Puerto Rico State Department’s Board of Postsecondary Institutions and the UPR’s Governing Board. The milestone positions the RUM “as the […]
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’21 SME Digital Awards competition submission deadline is April 9
April 1, 2021
The Puerto Rico Sales and Marketing Executives Association (SME, in Spanish) announced that advertising and digital design agencies, brands, media and startups have until April 9 to nominate their best digital campaigns and initiatives for this year’s edition of the SME Digital Awards. Because the 2020 competition was postponed due to the COVID-19 pandemic, this […]
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