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Michael Sinensky is an entrepreneur who has founded businesses in a cross-section of sectors. He has been a long-time lover of Puerto Rico and recently moved his family to start a new life on the island. While he is an Act 20 beneficiary, he's branching out into areas outside the benefits of the statute, starting with a new restaurant venture, Sush…
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Puerto Rico Chamber of Commerce (CofC) President Ramón Pérez-Blanco joins us to share his impressions of 2023 and to address what’s ahead, while making a call to action to the private sector to take active leadership roles in 2024, a pivotal election year in Puerto Rico and the U.S. mainland.
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The challenges of Puerto Rico’s real estate industry, includingthe possible elimination of licensing requirements and the need for new conditions to create more affordable housing on the island were some of the issues we discussed in this episode of Dollars & Sense with Melissa Montero, president of the Puerto Rico Association of Realtors.…
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In an exclusive interview with News is my Business, attorneys from Littler Mendelson, a global legal firm specializing on workplace solutions related to labor and employment laws, and its local partners at Schuster LLC discussed how the new labor trends are affecting not just companies across the US mainland, but also in Puerto Rico.…
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President Joe Biden visited Puerto Rico on Monday, Oct. 3 to get first-hand insight on the devastation caused by Hurricane Fiona and the federal government's plans to help in recovery efforts, specifically regarding the island's energy grid and other infrastructure.
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During a recent visit, the US Department of Labor's Deputy Secretary, Julie Su, sat down exclusively with Dollars & Sense to offer her take on what needs to happen in Puerto Rico's job market, calling for an alignment among academia, the government and the private sector to make progress.
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The Transportation Security Administration is implementing new logistics at the Luis Muñoz Marín Int'l airport to expedite passenger movement while keeping a close watch on safety. What are the implications and benefits for travelers during this busy summer season? Check out the interview, then LIKE and SHARE!…
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In this episode, Matt Miller, president of HMS Puerto Rico and Rick Newman, president of Puerto Rico Fast Ferries, provide their views on the status of the ferry service connecting Puerto Rico with Vieques and Culebra, and expectations for coming months. The Maritime Transportation Authority, the government entity responsible for the service, did n…
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In this episode, attorneys Vito Gagliardi, Bill Hughes and Luis Rivera-Marín discuss plans for the Porzio, Bromberg & Newman law firm, which recently opened a practice in Puerto Rico, where it plans to expand its reach and that of its Porzio Life Sciences subsidiary. The firm seeks to provide legal, business and commercial compliance solutions in t…
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We sat down with Jorge Pérez, regional manager of ASM Global, the company that manages four important entertainment venues in Puerto Rico — the Puerto Rico Coliseum (known as the "Choliseo"), the Convention Center, the majestic Antiguo Casino, and the soon-to-open Coca Cola Music Hall — about expectations of the restart of events as COVID-19 pandem…
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It has been a little more than a month since the Puerto Rico Public-Private Partnership Authority announced that LUMA Energy had been chosen to operate, maintain and modernize the Puerto Rico Electric Power Authority’s electricity transmission and distribution system for the next 15 years. Since then, there has been much talk from different sectors…
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Ten days after Hurricane María slammed into Puerto Rico in September 2017, Paseo Caribe resumed operation of its oceanfront mixed-use complex. And despite challenges such as the exit of tenants from El Mercado food court and its retail areas, operator CPG Island Servicing continues to bet on the local market and is working again to establish a conn…
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Aurelio Alemán, CEO of First BanCorp., the parent company of FirstBank, explained what the acquisition of Banco Santander’s assets in Puerto Rico will represent for the market and the financial institution he heads. He also went over aspects of the bank’s third quarter results, released a day after the deal was made public.…
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The U.S. Department of Commerce's Bureau of Economic Analysis is working on establishing a clear picture of Puerto Rico's economy, and laying down a uniform methodology in line with U.S. mainland states and territories, countries across the world. In this episode of "Dollars & Sense," Kristy Howell, economist with the BEA, provides more insight on …
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The Federal Communications Commission today approved $950 million in funding to improve, expand, and harden communications networks in Puerto Rico and the U.S. Virgin Islands. Chairman Ajit Pai, who has been front and center of the telecom recovery efforts for Puerto Rico and the USVI since day one after Hurricanes Irma and María hit in September 2…
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Today’s special episode features interviews with representatives from Puerto Rico’s private sector to discuss the events of the last week, when six people with ties to Gov. Ricardo Rosselló’s administration were arrested on corruption charges, as well as the contents of nearly 900 pages of a chat on Telegram involving the governor and a group of hi…
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In this special “Throwback Thursday” edition of our podcast series, we re-visit our exclusive interview with Sir Richard Branson, who took shelter in Puerto Rico — with most of his family and staff — after Hurricane Irma ravaged the British Virgin Islands and his property on Necker Island in September 2017. This is the first time News is my Busines…
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Soraya Correa, chief procurement officer of the U.S. Department of Homeland Security and Antonio Sosa-Pascual, co-chair of the Puerto Rico Technology Cluster talk about the opportunities for small companies in Puerto Rico to do business with the large federal agency. They spoke about the importance of promoting innovation and entrepreneurial vision…
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Nonprofit organization Causa Local Founder Ana María Cintrón talks about the mission to provide alternative access to capital for small and medium businesses in Puerto Rico. Through crowdfunding and loans, local operations like Molcajete Foods are able to get their businesses off the ground, says Roberto Rivera, one of the three founding brothers o…
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Puerto Rico Information Technology Cluster co-Chairman, Antonio Sosa-Pascual and Board member José Huyke discuss the agenda for the upcoming conference that will feature local and international IT industry leaders talking about Artificial Intelligence, Health Technology, Cyber ​​Security, Innovation and Business Vision, IT as Economic Development, …
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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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In this episode of Dollar$ and $ense, we share with you information provided during a news conference in San Juan about the agreement reached between the Central Office of Recovery, Reconstruction and Resiliency (known as COR3) and FEMA for the review and reimbursement approval of federal recovery funds. Heading the news conference were Omar Marrer…
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U.S. Small Business Administration Regional Administrator Steven Bulger is visiting the island this week as a curtain raiser to the start of this year's Emerging Leaders program, which so far has graduated more than 90 local companies, said SBA District Director for Puerto Rico and the U.S. Virgin Islands, Yvette T. Collazo.…
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The philanthropic response to Puerto Rico’s devastation after Hurricanes Irma and María in September 2017 generated an incalculable amount of private aid and the “coming together” of new and existing nonprofits to help in the island’s ongoing recovery. The subject is discussed in detail in the “Philanthropy and Puerto Rico after Hurricane María: Ho…
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Popular Inc.’s fourth quarter 2018 earnings report, Liberty Puerto Rico announces new plans and rates for 2019, the Puerto Rico Treasury Department announced a moratorium through March on payment plans extended to federal government employees affected by the shutdown.
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