Parallel 18 to host ‘El Boricua se las Inventa,’ 5th Demo Day
June 22, 2018
Start-up generator Parallel 18 will host its 5th Demo Day, under the slogan “El Boricua se las Inventa,” on June 26 at the Puerto Rico Convention Center in San Juan, when participants will showcase their ideas.
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Gov’t announces $1.5B in P3 projects to rebuild P.R.’s infrastructure, economy
June 22, 2018
This week, government officials confirmed six public-private partnership projects in the pipeline representing a combined $1.5 billion in investments in Puerto Rico’s infrastructure.
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P.R.’s fishing industry gets $11.4M federal funding allocation
June 21, 2018
Puerto Rico’s fishing industry will receive $11.4 million in federal funding to restore activities interrupted by last year’s hurricanes, Gov. Ricardo Rosselló confirmed.
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NY Fed working closely with philanthropic community in P.R./USVI
June 21, 2018
The Federal Reserve Bank of New York vowed to continue to work closely with financial institutions to help take full advantage of the Community Reinvestment Act.
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Nonprofits seek to rebuild P.R. as a ‘more resilient and equitable island’
June 21, 2018
The Resilient Puerto Rico Advisory Commission (RPRAC) released “ReImagina Puerto Rico,” an ambitious and pragmatic strategy to rebuild Puerto Rico as a more resilient and equitable island in the wake of Hurricane María.
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MCS Foundation joins forces with Pathstone to rebuild P.R.
June 21, 2018
MCS Foundation has taken an active role in the reconstruction of Puerto Rico by joining forces with PathStone.
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Air Century inaugurates new routes to the Caribbean
June 21, 2018
Dominican airline Air Century opened its operations to new Caribbean destinations Aruba, Curaçao and St. Maarten, with flight Y2-161, departing from Santo Domingo to Princess Juliana Airport in St. Maarten.
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8 P.R. co.’s get ‘golden tickets’ to sell to Walmart in the U.S. mainland
June 20, 2018
Eight local companies will start exporting their products to Walmart stores in the U.S. mainland, representing at least $9 million in revenue and new job creation, representatives from the companies and the mega-retailer confirmed.
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PR Wireless to replace Open Mobile brand with Boost Mobile
June 20, 2018
Open Mobile stores in Puerto Rico have begun their re-branding as Boost Mobile, in response to the new business model adopted by parent company PR Wireless.
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Op-Ed: FEMA still here to help Puerto Rico’s hurricane survivors
June 20, 2018
The Federal Emergency Management Agency is still in Puerto Rico to help hurricane survivors even though the deadline for registering for disaster assistance has passed. It will take many years for Puerto Rico to fully recover, a process that will remain in motion on many fronts. FEMA along with its federal and government of Puerto […]
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P.R. Dept. of Agriculture, Starbucks Foundation to import coffee beans
June 20, 2018
Puerto Rico Agriculture Secretary Carlos Flores Ortega confirmed that during a recent meeting with representatives of the Starbucks Foundation, an agenda and timetable were set to soon begin importing coffee beans to the island.
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Oriental Bank slashes wait times by half at its branches
June 20, 2018
OFG Bancorp’s Oriental has significantly reduced wait times in its bank branches and increased the speed of customer service over the last year with the help of BookingBug, a platform that offers appointment scheduling, queuing and event capabilities.
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BRIO Tuscan Grille restaurant closes at The Mall of San Juan
June 19, 2018
The BRIO Tuscan Grille restaurant at The Mall of San Juan has shut down permanently, less than a month after Spice Private Equity closed the deal to acquire its parent company.
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2 P.R. co’s to participate in U.S. Customs’ P3s program
June 19, 2018
U.S. Customs and Border Protection announced 20 tentative selections for new reimbursable services agreements to promote economic growth in cross-border trade and travel across the country.
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Liberty Puerto Rico relaunches video on-demand platform
June 18, 2018
Liberty Puerto Rico has relaunched its video on-demand service with a new user-friendly platform, features and high-definition content.
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