Local News

Top Local News Headlines

These are the top local news stories from News is my Business for Sunday, May 19, 2013.

Study: Puerto Rico Internet users growing, more ‘mobile’

Published 17 May 2013, 5:02 am

Internet engagement continues growing in "leaps and bounds" in Puerto Rico, reaching 57 percent of use among island residents 12 and older, representing a little more than 1.8 million users, according to the results of the 2013 “SME Digital & Mobile Behavioral Study,” commissioned and revealed by the Sales and Marketing Executives Association Thursday. Read More →

Puerto Rico’s jobless rate down to 13.7% in April as workforce shrinks

Published 17 May 2013, 5:01 am

Puerto Rico’s unemployment rate dropped to 13.7 percent in April, reaching the lowest level since 2008. However, Labor Department data released Thursday also shows that the island’s labor force decreased by 10,000 to 1.1 million last month, when compared to the prior month and by 31,000 year-over-year. Read More →

Puerto Rico Trade opens office to serve eastern region

Published 17 May 2013, 5:00 am

Puerto Rico Trade Executive Director Francisco Chévere and Fajardo Mayor Aníbal Meléndez officially opened the new facilities of the Eastern Region Business Development Center with the goal of offering support to the area’s small and mid-sized businesses. Read More →

Covidien, Coopervision to create 550 new jobs

Published 16 May 2013, 5:04 am

Medical device manufacturers Covidien in Ponce and CooperVision in Juana Díaz confirmed Wednesday separate expansions that will create a combined 550 jobs in Puerto Rico’s southern region. Read More →

Moody’s: Puerto Rico’s pension reform, IVU changes ‘credit positive’

Published 16 May 2013, 5:03 am

Credit ratings agency Moody’s Investor Service issued a report Wednesday saying that Commonwealth employee retirement system (ERS, for short) reform and the projected changes to the sales and use tax system are both positives for the island’s credit, despite the ongoing fiscal indebtedness. Read More →

Y&R launches ‘Labstore’ division to track shopper trends

Published 16 May 2013, 5:02 am

Young & Rubicam unveiled Wednesday its new shopper marketing division, known as Labstore, through which it will develop strategies that “positively engage shoppers at the point of sale.” Read More →

Former tourism chief appointed to PRCB helm

Published 16 May 2013, 5:01 am

The Board of Directors of the Puerto Rico Convention Bureau announced Wednesday the appointment of Milton Segarra-Pancorbo as president and CEO of the nonprofit organization dedicated to driving meetings and conventions to the island. He will begin his tenure in early June. Read More →

Agriculture brews plan to boost Puerto Rico coffee sector

Published 16 May 2013, 5:00 am

Looking to rescue Puerto Rico’s dwindling coffee industry and increase production of the aromatic brew, Agriculture Secretary Myrna Comas-Pagán signed Wednesday several contracts to prompt the availability of 16 million coffee trees in the near future. Read More →

$400M Caguas/SJ Novotrén project attracting takers

Published 15 May 2013, 5:05 am

Interest in the Novotrén commuter train connecting Caguas to San Juan is apparently strong enough that more than half a dozen firms are waiting in the wings to participate in the bidding process for the project whose cost is estimated at $400 million. Read More →

Mexican low-cost carrier Interjet ‘warming up’ SJU route

Published 15 May 2013, 5:04 am

Mexico’s second largest air carrier, Interjet, made its debut in the Puerto Rico last night, with the arrival of its first chartered flight from Mexico City, carrying 150 passengers. Read More →

Gov. signs 3 orders promoting renewable energy

Published 15 May 2013, 5:03 am

With the intention of promoting the development of alternative renewable energy sources, Gov. Alejandro García-Padilla signed three executive orders Tuesday that establish an orderly plan that will gradually replace Puerto Rico’s high dependence on fossil fuel energy sources and set the rules for the use of new energy alternatives for the island. Read More →

$40M Bahía Urbana entertainment complex inaugurated

Published 15 May 2013, 5:02 am

Gov. Alejandro García-Padilla, flanked by members of the current and previous administration, inaugurated Tuesday the second phase of the Bahía Urbana redevelopment project in Old San Juan, between Piers 7 and 8, at a cost of $40 million. The new facilities will create 100 direct and indirect jobs. Read More →

Puerto Rico natural products chain Vita Natura expanding

Published 15 May 2013, 5:01 am

Puerto Rican natural product company Vita Natura announced Tuesday an expansion plan that includes opening three new stores in Puerto Rico and two in stateside later this year. Read More →

AT&T’s ‘It can Wait’ anti texting-while-driving campaign gets boost

Published 15 May 2013, 5:00 am

AT&T’s “It Can Wait” campaign to end texting and driving was significantly bolstered Tuesday by the commitment of several carriers, including Sprint and T-Mobile, as well as more than 200 other organizations to join the movement. Read More →

Agriculture Secretary: Agency lacks employees, statistics

Published 14 May 2013, 5:03 am

Puerto Rico Agriculture Secretary Myrna Comas told lawmakers during budget hearings Monday that upon arriving to the agency in January, she uncovered an entity “in a precarious situation, with the lowest budget in its history, only 337 employees, no updated agricultural statistics, and no field level progress reports to evaluate and track work." Read More →

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