With an investment of $3.9 million and the creation of 85 new direct jobs, Pueblo Supermarket will open its 22nd store on Wednesday in the Cupey sector of San Juan, the retailer announced. The store, located in the Cupey Professional Mall, will open from 6 a.m. to 10 p.m. Monday to Saturday and Sundays from 7 […]
Mastercard announced it has closed a partnership with Giesecke+Devrient (G+D) Mobile Security, a smart card manufacturing, personalization and payment solutions provider, to advance easier, faster and safer payments in the region. With this agreement, G+D will offer preferential pricing to Mastercard issuers focused on advancing their conversion to contactless cards, the companies said. “Contactless is […]
Customers who visit restaurants of all types expressed a split decision as to whether technology facilitates or complicates their experience, a study by the Puerto Rico Restaurants Association showed. The EAT study, commissioned by the professional group to The Research Office, “found a very marked contradiction in the use of technology in restaurants,” said José […]
Individual Retirement Accounts (IRA) are one of the few instruments allowed by the Puerto Rico Internal Revenue Code that provide a tax benefit to individuals. In addition, it is an excellent vehicle to create a retirement fund. What is the taxable benefit? The benefit is to take a deduction in the income tax return for every […]
Liberty Puerto Rico President Naji Khoury says NBCUniversal is holding customers hostage, while no new negotiations are scheduled to solve the matter to get Telemundo, NBC and 13 other channels back on the air. In the meantime, the carrier is offering discounted services and vows to give credit. Listen to the full interview HERE!
In the framework of the World Travel Tourism Council World Forum that is currently taking place in Seville, Spanish carrier Iberia announced it will expand its operation on the Island to offer direct flights between Madrid and San Juan throughout the year. The airline will offer three weekly flights between Madrid and San Juan during […]
SG Blocks Inc., a designer, fabricator and innovator of container-based structures, is teaming up with two companies to build out 55 homes in Guayama that will be ready before year’s end. The $4 million housing project will be developed jointly with Capital Plus Financial, a certified Community Development Financial Institution and certified B Corporation, and […]
NBCUniversal Media, a U.S.-based mass media conglomerate, has blocked access to Telemundo and NBC Puerto Rico because Liberty Puerto Rico did not accept a rate increase that would see retransmission for these channels more than double over two years, the television provider said. At 6 p.m., NBCUniversal also removed 13 other channels from Liberty’s lineup […]
Puerto Rico will host the World Travel and Tourism Council (WTTC) 2020 Global Summit from April 21-23 next year at the Puerto Rico Convention Center in San Juan, Gov. Ricardo Rosselló announced while in Spain — this year’s host. The Puerto Rico Tourism Company and Discover Puerto Rico will host the summit, regarded as the most […]
The U.S. Small Business Administration announced it will launch a 16-stop road tour connecting entrepreneurs working on advanced technology to the largest source of early stage funding – the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. The SBIR Road Tour will stop in Puerto Rico Nov. 15, the agency announced. […]
The Puerto Rico Community Foundation will testify before the U.S. Natural Resources Committee during a hearing focusing on “Rebuilding and Privatization of the Puerto Rico Electric Power Authority,” the nonprofit announced. Foundation President Nelson Colón-Tarrats will present his comments on April 9, at 10 a.m. On March 16, a delegation from the Committee of Natural […]
Total Petroleum Puerto Rico, Corp., invested $50 million in the expansion of its Guaynabo Bulk facility to double its storage capacity to the equivalent of six weeks of sales. “This significant investment carried out over the past two years signals Total’s commitment to Puerto Rico. It allows Total, as a responsible energy major, to strengthen […]
MCS executives will join industry experts in the 2019 Puerto Rico Health Insurance Conference on April 5 to discuss from the private sector’s perspective some of the most controversial challenges impacting the industry, and how they can be addressed, organizers announced. In response to the many challenges stemming from current federal underfunding policies, the healthcare […]
Two years since its conceptualization, the Health Industry Information Platform mobile app has been launched in Puerto Rico to gather sector information and put it in the hands of physicians with private practices. Salvador Rovira, who heads the initiative, said the information will also benefit hospitals. About $150,000 in private investment was made to establish […]
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