Tuesday, August 16, 2022

Latest News

  • Act 41 Legal Challenge Warned

    FOMB Seeks to Halt Labor Changes; Governor Refuses As Puerto Rico Gov. Pedro Pierluisi held steadfast last week in refusing to stop the implementation of Act 41 of 2022, which repealed portions of Act 4 of 2017,...

    • Posted August 11, 2022
  • Global Matress Invest Millions In larger Facilities

    Move to New Ponce Factory and Store Constructions Underway Global Mattress—a wholly Puerto Rican company that in September celebrates its 35-year anniversary developing innovative products—continues its steady expansion in Puerto Rico with the construction of a factory...

    • Posted August 10, 2022
  • Startups Get a Makeover

    Venture Capital Seen as an Alternative for Emerging Fintechs While banks in Puerto Rico are awash in cash, this has not necessarily translated into available financing for startups, especially those seeking to sell new technology. The challenge...

    • Posted August 10, 2022
  • Paradores and Small Inns Encouraged by Airbnb Growth

    Study: Airbnb Contributes to the Creation of 24,000 Jobs Locally Following a recent study by Oxford Economics on the economic impact of properties in Puerto Rico that offer Airbnb’s short-term lodging service, the Puerto Rican Parador and...

    • Posted August 10, 2022
  • Civil Society and Gov’t Present Tools to Empower Citizens

    New Online Platforms Address Social Issues, Provide Jobs Puerto Rico possibly stands at one of its most historic crossroads regarding how the socioeconomic makeup of the island unfolds amid an entrenched pandemic, among many other—even global—driving factors;...

    • Posted August 9, 2022
  • INTERNATIONAL EVENT HELD ON THE ISLAND

    “The AIESEC Alumni Leadership Summit will offer a great opportunity to expand knowledge of leadership, education, third sector and business” Press Release August 4, 2022, San Juan, Puerto Rico – The international network of professionals, leaders and...

    • Posted August 8, 2022
  • HUB Advanced Networks, LLC has the first building in Puerto Rico to obtain TIER III certification by Uptime Institute

    Press Release (August 5, 2022- San Juan, PR) – The HUB Advanced Networks, LLC data center, better known as HUB787, received the UI TIER-III certification that positions it as the only building in Puerto Rico to obtain...

    • Posted August 5, 2022
  • THINK STRATEGICALLY:

    Private Sector Pays for Public Employee Salary Hikes Government Employees: Happiness is Living on the Island of the Public Sector Early last week, on July 18 to be precise, 246 Institute of Forensic Sciences employees staged a...

    • Posted August 4, 2022
  • Draining the Tax Swamp

    When Puerto Rico’s Treasury secretary, Francisco Parés, and Justice secretary, Domingo Emanuelli, announced they had landed several of the biggest fish in the tax fraud swamp, the tandem had reason to feel they were changing a culture...

    • Posted August 3, 2022
  • The Fight Against Tax Evasion Ramps Up

    Treasury and Justice Team Up to Tackle Complex Cases Puerto Rico Treasury Secretary Francisco Parés Alicea said his agency is working more closely with the commonwealth Justice Department as well as the U.S. government to crack down...

    • Posted August 3, 2022
  • EDB and PRMA Reach Agreement to Help Businesses

    Offering Capital for Manufacturers to Expand and Foster Exports The Economic Development Bank (EDB) and the Puerto Rico Manufacturer’s Association (PRMA) recently signed a collaborative agreement, dubbed “Alliance for the Economic Development of Puerto Rican Industry and...

    • Posted August 2, 2022
  • Science Jobs Being Created in Aguadilla

    OcyonBio’s Goal: Help Patients Access High-Cost Medications With the goal of making certain high-cost medications accessible to patients, OcyonBio CEO Robert Salcedo said that the company’s mission is to provide affordable medicine by “helping companiesdeliver the final...

    • Posted August 2, 2022
  • The Impact of Fraud, Waste and Abuse in the Health Care Industry and How to Eradicate It

    Fraud, waste and abuse (FWA) have significantly plagued the healthcare sector and continue evolving quickly in a rapidly changing healthcare landscape. As a remedy, state and federal governments are implementing vigorous measures against FWA in the health...

    • Posted July 22, 2022
  • de La Cruz & Associates Employs Innovation to Get the Message Across

    Local advertising firm de La Cruz & Associates’ wins at this year’s Cannes Lions International Festival of Creativity, the industry’s most important competition, was right on time for the agency to celebrate 37 years of creative output...

    • Posted July 22, 2022