Colmena66 brings 200 organizations, programs into its network in 2 years
April 11, 2019
Colmena66, the specialized business support network that operates under the direction of the Puerto Rico Science, Technology and Research Trust has more than 200 organizations and programs in its network dedicated to building and strengthening the business community on the island. The organization affiliated with SourceLink, an organization established with the support of the Kauffman […]
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Op-Ed: The small business boom rolls on
April 10, 2019
As Tax Day 2019 swiftly approaches, numerous entrepreneurs are seeing new benefits from the Tax Cuts & Jobs Act, enabling them to grow their ventures and hire additional staff. I recently co-hosted the White House Manufacturing Roundtable at which about 20 small business owners discussed the resurgence of manufacturing in the chemical, construction, consumer goods, […]
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PathStone Enterprise Center receives $1.5M Wells Fargo grant
April 10, 2019
PathStone Enterprise Center Inc. (PECI) received a $1.5 million grant from Wells Fargo to provide capital and technical assistance to business owners on the island, the company announced. The investment, which is part of the Wells Fargo Works for Small Business: Diverse Community Capital (DCC) program, will help small businesses that are still in the process […]
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Gov’t unveils online ticketing service for Vieques/Culebra ferry service
April 9, 2019
Gov. Ricardo Rosselló announced the creation of a digital platform that will allow users of the ferries traveling between Vieques, Culebra and Ceiba to purchase tickets online, access route maps and find answers to frequently asked questions. Through www.porferry.com users will have access to a detailed itinerary of routes with boarding and departure times, estimated times of […]
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3rd co-branded Dippin’ Dots/Doc Popcorn store to open in P.R.
April 9, 2019
Doc Popcorn, a franchise featuring fresh-popped, kettle-cooked popcorn, will open its third co-branded location in Puerto Rico to also serve Dippin’ Dots flash-frozen ice cream at the Route 66 Outlets in Canóvanas on April 13, the retailer announced. The new co-branded Dippin Dots/Doc Popcorn store — as well as the ones in Bayamón and Hatillo […]
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Nonprofits present Poverty Inc. documentary to find alternatives to erase poverty
April 9, 2019
Given that 43.5% of Puerto Rico residents are below the poverty level, according to the Federal Census Bureau, five nonprofits got together recently to present the Poverty Inc. documentary, in an effort to understand the causes of poverty and redefine strategies to eradicate it. MCS Foundation joined Fundación Banco Popular, the Centro para Renovación Económica, Crecimiento […]
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Pueblo Supermarket chain opening 22th location in Cupey
April 9, 2019
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 […]
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Mastercard, G+D Mobile Security partner to offer ‘contactless cards’
April 9, 2019
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 […]
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Consumers on the fence about using technology at restaurants, study shows
April 8, 2019
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 […]
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Op-Ed: IRA Accounts — Are they taxable?
April 8, 2019
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 […]
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Liberty P.R. offers update on NBCUniversal channel blackout
April 6, 2019
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!
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Iberia confirms year-round flight schedule between San Juan, Madrid
April 5, 2019
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 […]
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$4M project to build 55 container-based homes planned for Guayama
April 5, 2019
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 […]
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Telemundo, NBC, other NBC channels off air on Liberty’s lineup over rate dispute
April 5, 2019
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 […]
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P.R. to host World Travel and Tourism Council 2020 Global Summit
April 5, 2019
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 […]
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