Issues

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Brian Stuard Leads Puerto Rico Open

AP Brian Stuard birdied seven his first 12 holes in windy conditions Thursday to take the first-round lead in the Puerto Rico Open. Stuard finished with a 6-under 66, dropping a stroke on the par-4 seventh hole — his 16th of the day — in wind gusting to 20 mph at Trump International Golf Club-Puerto

Online meetings

Why all the fuss over exports? This is why…

PRBT: Ignore this at your own peril. Heard of globalization? Well you ain’t heard nothing yet! It’s not just a growing trend. According to this important McKinsey analysis, it will soon be THE way we do business, and more so for small economies like Puerto Rico. That is, if you’re a small business that is

Supply chain

Toward a greener, better supply chain

PRBT: Supply chain management is mostly thought of as that back-end stuff that senior managers look at when they’re in search of efficiencies or when a disaster strikes. Unless you’re in supply chain management, of course. One way to converge efficiency optimization and disaster prevention is by integrating both in a visionary sustainability platform. That’s

Solar

Green energy dealmaking event coming to Puerto Rico

PRBT: The event, to be held at the El Conquistador Waldorf Astoria Resort in Fajardo on November 20-21, promises to insert Puerto Rico into the vibrant renewable-energy marketplace that has taken root elsewhere in the Caribbean and Latin America. Puerto Rico is taking the first steps toward becoming an important green-economy hub in the region

Intrapreneurship

The intrapreneurship imperative

PRBT: Here’s an insight that has become one of the most important site-selection factors in the world today: finding a place with a strong tradition and culture of intrapreneurship. A place like Puerto Rico, for example. There have been many calls here over the years to promote entrepreneurship, and the going on that front has

Sci City compo

Puerto Rico Science City begins its climb to the top

By Alex Díaz, PRBT Editor. May 18, 2014. The Puerto Rico Science City is back in business. After spending several years in search of its soul, the island’s Science & Technology Trust (STT), the agency charged with developing the 80-acre Science City in the heart of the capital city of San Juan, has hit stride

Services

HATO REY CENTER BUILDING

New York investment firm to acquire building on Golden Mile

By : DENNIS COSTA dennisc@caribbeanbusiness.pr; cbprdigital@gmail.com Edition: July 10, 2014 | Volume: 42 | No: 26 Hato Rey Center office complex slated for renovations to position building as Class-A property Hato Rey Center, a 206,000-square-foot office building in the Golden Mile area of San Juan’s Hato Rey sector, will be sold to an investment firm

3D2

From 3D printing to 3D building

PRBT: We’re always focused on bringing you the very latest, and the expanding universe of 3D printing is certainly among the very latest. This article presents the very latest from one California company on how architects and engineers are using this disruptive technology to create stunning new models (maquetas) of just about anything that can be built, from

Halo

Ready to play, as gaming grows

PRBT: This article points to an impressive 9% annual hike in gaming growth. Other articles say it will likelier be double-digit right through the end of the decade, for the same reasons — mainly the rapid expansion of smartphone gaming, advances in gaming technology, and the relentless growth of purchasing power in China and other

Cayman

Want to avoid the perils of offshore finance?

PRBT: The annual Offshore Alert Conference began Sunday in Miami, and when it ends this Tuesday the 6th, participants will once again get an earful of news and warnings about the pitfalls of offshore banking, in this case in the Caribbean. With all the country rules and varying trade and tax laws, U.S. regulators have

OXYGEN Volume 8

The Disruptive Island

PRBT: One glance at the Kodaks, Borders and Blackberrys of the world is all that suffices to realize how quickly and thunderously the biggest Goliaths can fall in the hands of the nimblest and most disruptive Davids. In this small piece, one expert tells us the trend will only accelerate. And he only covers one

HATO REY CENTER BUILDING

New York investment firm to acquire building on Golden Mile

By : DENNIS COSTA dennisc@caribbeanbusiness.pr; cbprdigital@gmail.com Edition: July 10, 2014 | Volume: 42 | No: 26 Hato Rey Center office complex slated for renovations to position building as Class-A property Hato Rey Center, a 206,000-square-foot office building in the Golden Mile area of San Juan’s Hato Rey sector, will be sold to an investment firm

Bronx retail

Look where developers have built a retail mecca

PRBT: If retail can make it in the Bronx, it can make it anywhere. Right? See if you can duplicate this performance in your turf. Here in Puerto Rico, developers like New York’s Taubman and Venezuela’s Sambil are certainly going for it, targeting the island’s thriving tourist traffic as much as or more than local

Ventana Utuado

Window of (tourism) opportunity

PRBT: Puerto Rico receives fewer than two million tourists per year and only counts about 14,500 hotel rooms to receive them, compared to more robust numbers in other Caribbean countries. Yet, the island continues to collect raving accolades from the international tourism press and travel experts from around the world, like the two featured below.

Manufacturing

Wing

Air show showcases latest in aerospace

PRBT: Air shows continue to take flight around the world, showcasing the very latest coming out of the aerospace industry’s labs and tests. One of the latest shows was the Farnborough in England held this past week. Among those paying close attention to the products, planes and trends was the group of officials in charge

Wing

Air show showcases latest in aerospace

PRBT: Air shows continue to take flight around the world, showcasing the very latest coming out of the aerospace industry’s labs and tests. One of the latest shows was the Farnborough in England held this past week. Among those paying close attention to the products, planes and trends was the group of officials in charge

Mango

Let’s feed the world

PRBT: Here’s a refreshing take on the potential for the food industry around the world, from one of the world’s leaders. Each agriculture-rich country has its strengths. In the case of Puerto Rico, the focus is on tropical fruits, coffee, niche products and the fast-growing field of agbio, or the use of leading-edge biotech in

corn bio

Biotech looks to sustain sizzling 2013 pace

PRBT: A recent overview by the Boston Globe of the hottest pharma and life sciences segment in the world today. Puerto Rico is not just paying close attention; it’s one of the spotlight markets, given the island’s role as one of the leading biotech sites in NorAm-LatAm. Here’s the rundown. From Boston.com. By Robert Weisman. January 14,

20110926-rum-barrells

Puerto Rico rum distillery to increase production

April 1, 2014 3:30 PM SAN JUAN, Puerto Rico (AP) — Puerto Rico’s largest distillery says it plans to roughly triple its production of rum within a few years. Alejandro Garcia Padilla said Tuesday that Destileria Serralles Inc. had signed several deals with private investors. He said the increase in production will start this month.

top-electronics

The U.S. challenges Asia in electronics

PRBT: Fascinating debate in this recent and still highly relevant article on current trends in electronics manufacturing in the U.S. Not included is a review of which geographic areas in the country ARE competitive with Asia. One of them, in fact, is Puerto Rico, where manufacturers find the deep supply chain and high-tech talent the

Med device

Medical devices blazing new nebular trails

PRBT: Don’t let the tone or length of this short editorial throw you off. It’s on purpose. Sometimes much can be said in a few words, particularly when the story is told with an attitude! The important thing is to capture the core message, which in this case is the out-of-this-world direction medical device manufacturing

merck_logo

Puerto Rico reaffirms Merck’s position in Puerto Rico

San Juan, PR – The Puerto Rico Industrial Development Company (PRIDCO) reaffirms its strategic vision to protect and retain the industrial base after Merck’s announcement that it will redesign its Puerto Rico manufacturing capabilities to focus on new product development and new product launches. Over the past years, Merck has invested more than $100 million

Expansion Lifestyle

Growing operation for Lifestyle Footwear in Puerto Rico

Growing operation for Lifestyle Footwear in Puerto Rico Federal contract with the Department of Defense creates 182 jobs with a $2.1 million investment Moca, PR – The Puerto Rico Industrial Development Company (PRIDCO) joined Governor Alejandro García Padilla for the announcement of Lifestyle Footwear’s growing operations in Puerto Rico, with an investment of $2.1 million

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