Aware that this hurricane season creates a new challenge for small businesses, which are also struggling with a global pandemic, the Puerto Rico Small Business and Technology Development Center is calling on small businesses to prepare their contingency plan for business continuity. Ricardo Martínez, executive director of the nonprofit based at the InterAmerican University of […]
Federal regulators have asked the operator of a scandal-plagued Puerto Rico energy project to explain why they didn’t seek permission to build and operate a liquid natural gas terminal (LNG) adjacent to the island’s first major power project since a 2017 hurricane devastated the island’s electrical grid. The Federal Energy Regulatory Commission (FERC) last week […]
The Financial Oversight and Management Board for Puerto Rico announced that it certified the government of Puerto Rico’s updated Fiscal Plan for the Puerto Rico Sales Tax Financing Corporation (known as COFINA, in Spanish). The 2020 Fiscal Plan for COFINA is “based on the macroeconomic projections outlined in the Certified Fiscal Plan for the Commonwealth […]
The San Juan Marriott Resort & Stellaris Casino recently received the Health & Safety Certification from the Puerto Rico Tourism Co. for its “high standards of disinfection and preparedness against COVID-19.” The certification is awarded to businesses that “effectively implement and execute the safety measures and protocols to avoid the spread and transmission of COVID-19,” […]
A trio of high-ranking executives were appointed recently to positions on- and off-the island in the public and private sectors. Energy commissioner appointed to national task forceThe president of the National Association of Regulatory Agency Commissioners (NARUC), Brandon Presley, appointed Puerto Rico Energy Bureau (NEPR, in Spanish) Associate Commissioner Lillian Mateo-Santos, to occupy a chair […]
Puerto Rico dairy farmers are marking the 20th edition of “fresh milk month” in June, in honor of an industry that pumps $200 million into the island’s economy and generates 16,000 jobs. Some 255 farms produce all the milk necessary to meet the needs of Puerto Rican consumers in all its varieties and derivatives, such […]
In a virtual celebration, Ponce Health Sciences University held its 40th graduation ceremony, which this year included 262 students, the biggest class in its history, the college confirmed. Of the total graduates, 103 received honors. The degrees awarded were PhD in Medicine, Master of Medical Sciences, PhD of Biomedical Sciences, PhD of Public Health, Master […]
Popular Inc. has sold a 180,000-square-foot building, known as Caparra Center, to Triple-S Management Corporation through a private deal that keeps the price tag under seal. “We’re viewing this transaction as a private one. However, the acquisition of this 180,000-square-foot building will allow us to have the additional space to respond to our growth in […]
Yees! a company dedicated to business education, has developed a summer program for youth interested in developing an online business, “building on the opportunities that the COVID-19 pandemic has opened.” “We could conclude that COVID-19 has accelerated the adoption of digital technology in the exchange of goods and services,” Yees! officials said in a statement. […]
DDB Latina Puerto Rico presented a comprehensive diagnostic about the effects of the pandemic and the road to recovery, during a second virtual event. Les Binet, a global expert on marketing effectiveness, offered his recommendations and predictions, and provided a framework for brands to follow. “The pandemic represents a before and after for the world […]
As Puerto Rico enters its third phase of economic reopening in the face of the COVID-19 pandemic, Red Lobster restaurants on the island will open their doors again, allocating $200,000 to procure local products for its eateries in Bayamón and Plaza Las Américas. The restaurants, run by franchisee Grupo Colón Gerena, will also launch a […]
Sam’s Club Puerto Rico has launched a new service through which its members, including Business members, can order through the Sam’s Club mobile application or its website, and pick it up at the selected club store. Through the service, members can choose the products that are identified as “Pickup in Club” and place them in […]
Puerto Rico’s economy has gradually begun to re-open, so it is crucial to emphasize renal patients the importance to continue adherence to their dialysis treatments to avoid complications with coronavirus infection, said Atlantis Health Care Group President Rubette Harford. “Stopping and or shortening dialysis treatments can lead to greater medical complications, hospitalizations, and premature death,” […]
Now that technology is becoming more relevant and becoming a key ally for individuals and companies, Cooperativa de Seguros Múltiples has become the first and only insurer in Puerto Rico to be available through Amazon’s virtual assistant Alexa, the company confirmed. “At Seguros Múltiples we believe in technology as an ally to facilitate processes and […]
Several municipalities on the island will benefit from some $17 million for permanent work projects with funds approved by the Federal Emergency Management Agency and the Puerto Rico Central Office for Recovery, Reconstruction and Resilience, or COR3. The allocations made June 5-11 will fund 75 recovery and reconstruction projects in Puerto Rico to address damage […]
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