As the Puerto Rico Tourism Co. supports recovery efforts in the southern region, it also welcomed in San Juan some 15,000 visitors who arrived Wednesday aboard three cruise ships of the Carnival Cruise Line and Royal Caribbean lines, agency Executive Director Carla Campos said. The Carnival Breeze, Anthem of the Seas and the Oasis of […]
Seeking to promote investment in Puerto Rico and boost the island’s rebuilding efforts and economic recovery, local firm Colectivo 360 has organized Puerto Rico ICON, an investors conference that will take place Feb. 25-26 at La Concha Resort. Ricardo Santana, managing partner of Colectivo 360, believes Puerto Rico ICON is “an opportunity to bring together […]
WorldNet Telecommunications announced it has spaces available in its “Espacio 201” for companies that do not have electricity, internet or telephone services and need to continue operating and serving their customers. Saying Hurricane María “was a great lesson for everyone, but especially for businesses,” which showed the importance of having an alternate office to work […]
The Puerto Rico Food Bank, a nonprofit that distributes supplies to more than 140 organizations dedicated to fighting hunger in Puerto Rico, has launched a food collection campaign to deliver aid to the communities most affected by this week’s earthquakes. “The need is great and to continue with our mission to fight hunger in every […]
Entertainment and dining venue owner Dave & Buster’s Entertainment Inc. will open its second location in Puerto Rico, at the Plaza Las Américas shopping center in Hato Rey, during the third quarter of this year, this media outlet confirmed. The planned 39,000 square-foot complex will be located on the mall’s third level, spanning from the […]
Gov. Wanda Vázquez confirmed late Tuesday that President Donald Trump signed the Commonwealth’s request for an Emergency Declaration for Puerto Rico following a string of earthquakes that caused significant damage and at least one casualty. This opens the doors for federal agencies, especially the Federal Emergency Management Agency, to provide direct assistance to the island. […]
Marriott International has appointed Miami-based alma as its social media agency of record for the Caribbean and Latin American region following a competitive pitch, the agency announced. “alma will lead the company’s multilingual and multicultural social media strategy in the region. The award-winning agency, which is part of DDB Latina, will manage, create, and execute social […]
Less than three months after announcing plans to build a $250 million state-of-the-art headquarters in Dania Beach, Florida, Spirit Airlines confirmed it has closed the acquisition of nine acres from Kimco Realty Corp. The new corporate campus will support more than 1,000 employees in up to 500,000 square feet of space. Spirit has also executed […]
Puerto Rico’s largest air carrier, JetBlue, announced it will offset carbon dioxide emissions from jet fuel for all domestic JetBlue flights beginning in July 2020, as it makes steps toward reducing its contribution to global warming. As part of the airline’s plan to prepare for a changing climate, the commitments underscore JetBlue’s long-term strategy to […]
Rhode Island-based CVS Pharmacy is closing three of its 25 stores in Puerto Rico, two in Ponce and one in Carolina, on Jan. 10, this media outlet confirmed. Amy Thibault, senior manager of corporate communications for CVS, said the closings respond to the results of a review of the financial performance of all of its […]
Puerto Rico’s Purchasing Managers Index for the island’s manufacturing sector decreased to 43.2 in November and remained below the threshold level for the eighth consecutive month. A reading below the threshold level suggests a contraction in the manufacturing sector with respect to the previous month. The report shows that four out of five of the […]
The creators of the Pizza & Beer Fest annual event announced the debut of the “Burger Festival,” a gathering of more than 25 local restaurants that will present their best creations on Feb. 15. The food fest will take place at the Eco’s Sports Park from 3 p.m. to 10 p.m., and with the purchase […]
The lack of progress in getting Puerto Rico’s economy back on track does not bode well for what should happen in 2020, according to an analysis by H. Calero Consulting Group Inc. “The economy needs to grow soon, or the assumptions made in negotiating with bondholders may have to be revisited. Something everyone will want […]
Global professional services firm Aon plc announced it has entered into a definitive agreement to acquire CoverWallet, a digital insurance platform for small and medium-sized businesses. The acquisition provides Aon with additional access to the fast-growing, $200+ billion premium digital insurance market for small and medium-sized businesses, as well as the opportunity to leverage CoverWallet’s […]
Puerto Rico’s population increased by 340 people (0.0%) between 2018 and 2019 after several years of annual population decline, according to the U.S. Census Bureau’s national and state population estimates. The most recent annual population estimates for Puerto Rico confirmed the number of local residents at 3,193,694 as of July 1, 2019. This slight increase […]
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