‘Caguas Compite’ free business training program accepting applicants
January 28, 2020
The “Caguas Compite 2020” is accepting applications from participants looking to learn how to establish a business and succeed in entrepreneurial projects. Caguas Mayor William Miranda-Torres said enrollment is now open for the session that begins Feb. 20. This project, led by the Caguas Department of Economic Development, consists of 20 free business training workshops […]
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Sports streaming platform Fanatiz now available in P.R.
January 28, 2020
The Fanatiz sports streaming platform, announced its availability in Puerto Rico, “bringing popular soccer leagues closer to its fans.” The announcement means that soccer fans throughout the island can now have an economical option to access to soccer league matches from South America and Europe, the company said. “The sport of soccer and its popularity […]
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Víctor Parés Montessori School outfitted with renewable energy system
January 28, 2020
The Víctor Parés Montessori School in San Juan received a $183,000 solar panel and battery system this year that will allow it to resume classes promptly and be more resilient following a major climate event like Hurricane María, which kept the campus without electricity for months, and recent earthquakes in Puerto Rico. This is possible […]
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InterContinental San Juan reopens after $80M resort transformation
January 27, 2020
Seven months after shutting down for a top-to-bottom renovation, the InterContinental San Juan reopened for business today, owners IHG announced. The iconic beachfront property in Isla Verde began its transformation in June 2019, as this media outlet reported. At the time, the estimated investment was $80 million. “Outfitted with the latest in design, technology and […]
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FDIC offers guidance to P.R. banks to ease earthquake recovery efforts
January 27, 2020
The FDIC announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Puerto Rico affected by earthquakes. In a release, the regulatory body stated the measures would apply to all FDIC-supervised financial institutions with total assets under $1 billion. The FDIC is encouraging banks to “work […]
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Use of digital food delivery platforms on the rise in P.R.
January 27, 2020
When ordering food delivery services, Puerto Ricans are showing a preference for the convenience and flexibility offered by mobile digital platforms, Uber officials said. Anchored in state-of-the-art technology that is easy to use, these platforms have transformed the prepared food industry, helping to develop the business ecosystem and empowering consumers with more options to match […]
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Oncology Analytics partners with Humana P.R. to manage cancer treatment
January 27, 2020
Humana Health Plans of Puerto Rico recently selected Oncology Analytics to implement a patient-first approach to cancer treatment. Through this partnership, Humana will ensure that its 44,600 Medicare Advantage, as well as their 74,300 members enrolled in a commercial fully insured Medicare Supplement plan in Puerto Rico “will receive the most effective, safe, and affordable […]
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Student researchers in Luquillo get $30K grant
January 27, 2020
Puerto Rico’s Luquillo Critical Zone Observatory, home to the Forward Research organization, was selected to be a part of the Battelle NEON STEM Grant Program, a national $100,000 initiative that enables five student research projects to leverage the open data generated by the National Ecological Observatory Network. Forward Research’s project — known as the “Puerto […]
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JetBlue to temporarily reduce seat capacity in P.R. post-earthquakes
January 24, 2020
In the wake of the earthquakes that have rattled Puerto Rico since late December, JetBlue will be “temporarily reducing capacity” to protect its revenue base at least through the first quarter, COO Joanna Geraghty said during a call with analysts to discuss the carrier’s fourth quarter 2019 results. “We remain committed to the island, but […]
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Sojitz de P.R. building $4M dealership in Plaza Las Américas to launch Genesis
January 24, 2020
Sojitz de Puerto Rico, parent company in charge of its distribution in Puerto Rico, announced the launch of its luxury car brand Genesis. The introduction to the local market is coupled with the construction of a $4 million dealership and sales office at the Plaza Las Américas shopping center, in the former Borders location. The […]
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Science Trust creates co-working space in Ponce
January 24, 2020
The Puerto Rico Science, Technology and Research Trust has created a collaborative space in its Ponce office so that entrepreneurs affected by earthquakes can continue operations. The space, located in the annex of the Department of Labor and Human Resources in Ponce, will be available Monday through Friday from 9 a.m. to 4 p.m. while […]
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Treasury Dept. makes optional contribution option available for self-employed
January 24, 2020
Puerto Rico Treasury Secretary Francisco Parés-Alicea issued a call to self-employed individuals and services companies to review the “Optional Contribution” as an alternative when filing this year’s tax return. “This is one of the major changes approved in the 2018 Tax Reform and an alternative that could facilitate compliance with tax obligations in a simpler […]
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Isla Grande airport terminal getting $640K upgrade
January 24, 2020
As part of its capital improvement program, the Puerto Rico Ports Authority will oversee some $640,000 in repairs to the passenger terminal of the Fernando Luis Ribas Dominicci airport in Isla Grande, the agency’s interim Executive Director Joel A. Pizá-Batiz announced. The improvements include the removal and replacement of the terminal’s metal roof, as well […]
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Spanish airline Iberia to boost traffic to P.R. by 55% in ’20
January 24, 2020
Spanish airline Iberia announced plans to increase its flights to Puerto Rico by 55% this year vs. 2019, adding more than 128,000 seats in 2020, representing an additional injection of some $7 million in passenger spending on the island. During the FITUR 2020 International Tourism Fair in Madrid, Puerto Rico Tourism Co. Executive Director Carla […]
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Vive La Van PR to offer unique camping experience on wheels
January 23, 2020
Vive La Van PR, a new option for camping aficionados, is about to make its debut in Puerto Rico, where it will offer local residents and tourists the opportunity to experience the island differently. On Feb. 1, the startup will roll out its 22-foot luxury van, which has been customized entirely to offer the “camping […]
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