Survey: Temp jobs providing ‘crucial safety net’ in COVID economy
November 30, 2020
PeopleReady, a company specializing in providing on-demand labor across the 50 states, Puerto Rico and Canada, recently conducted a survey which confirmed that as the full-time permanent job market struggles to recover in the COVID-19 economy, temporary jobs are proving to be a safety net for many people. The PeopleReady survey found that 51% of […]
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University of Puerto Rico gets $1M grant from Bank of America
November 30, 2020
The University of Puerto Rico recently received a $1 million grant from Bank of America, as part of its commitment “to help students of color successfully complete the education and training necessary to be successful in today’s workforce.” The bank recently unveiled a $1 billion, four-year commitment to advance racial equality and economic opportunity offered […]
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FEMA awards $1.5M to Puerto Rico Conservatory of Music
November 27, 2020
The Federal Emergency Management Agency announced it has awarded nearly $1.5 million to repair the Puerto Rico Conservatory of Music for damages caused by Hurricane María. Beyond being a specialized public university, the Conservatory is a symbol of Puerto Rico’s heritage and musical traditions, the agency said. To help preserve the unique qualities of this […]
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CBP reminds consumers to ‘beware’ of counterfeit goods when shopping
November 27, 2020
With Black Friday and Cyber Monday already here, U.S. Customs and Border Protection (CBP) is reminding consumers to be on the lookout for counterfeit and pirated goods, particularly when shopping online. Every year, CBP seizes millions of counterfeit goods from countries around the world as part of its mission to protect U.S. businesses and consumers. These […]
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Tasty Smart maker pursuing international certification to export its products
November 27, 2020
Betting on the quality of its gluten-free and vegan cookie products, the manufacturer of Tasty Smart cookies, Gfree Foods, has passed the first phase toward obtaining the FSSC22000 Food Safety Certification, so that it can begin exporting, company officials announced. The FSSC 22000 Food Safety Certification System is a globally recognized program by the Global […]
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STK San Juan reopens at the Condado Vanderbilt Hotel after pandemic ‘hiatus’
November 27, 2020
The STK San Juan restaurant, located in the Condado Vanderbilt Hotel in the Condado area, has reopened its doors after a hiatus due to the COVID-19 pandemic, “following the strictest health and safety protocols,” said Ben Tutt, the hotel’s general manager. STK San Juan has a current capacity for some 80 patrons and is available […]
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Study: Consumers now ‘cautious’ with personal finances, more digital than ever
November 26, 2020
A survey conducted by Mastercard and Americas Market Intelligence (AMI) in 13 countries across the Latin America and Caribbean region recently showed how consumer habits have changed, how the demand for financial services has increased, and how companies will have to adapt to the novel digital ecosystem generated by the pandemic. The results of the […]
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Youth Development Institute: Federal gov’t is withholding aid for poor kids
November 26, 2020
Nonprofit organization Youth Development Institute is urging the Puerto Rico Department of the Family to urge the federal government to disburse some $30 million a month in funding approved in March, which have yet to be disbursed, to aid the island’s poor kids. The nonprofit blamed the federal government’s bureaucracy for the delay in funding […]
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Gov’t picks IBD Energy to develop $20M Roosey Roads renewable energy network
November 26, 2020
Looking to accelerate economic development on the grounds of the former Roosevelt Roads Naval Base in Ceiba, and launch new projects and strengthen the electrical infrastructure, the Department of Economic Development and Commerce (DDEC, in Spanish) announced it has chosen IBD Energy to develop and run a multi-user renewable energy microgrid for the area. Economic […]
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Puerto Rico Convention Center signs up Mobilitie for broadband connectivity
November 26, 2020
ASM Global, operator of the Puerto Rico Convention Center, has partnered with privately-held wireless infrastructure firm Mobilitie to install 5G broadband connectivity to the venue in San Juan that hosts an average of 350 events and over 600,000 visitors per year. “Network connectivity plays a crucial role within the Convention Center and has been a […]
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GSRX Industries Inc. sells Green Spirit dispensaries in Puerto Rico
November 26, 2020
Two years after entering the local market, GSRX Industries Inc. — which operates Green Spirit dispensaries in Puerto Rico through its wholly-owned subsidiary Project 1493, LLC — has sold all of its cannabis assets, and transferred all related liabilities, licenses and permits, to Puerto Rico Industrial Commercial Holdings Biotech Corp., for $4.6 million. The sum […]
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Local exec. named advisor to int’l organizations that supports municipal gov’ts
November 26, 2020
The International City and County Management Association (ICMA) announced the appointment of local executive Mickey Espada as its advisor in Puerto Rico. The organization aims to expand its membership on the island and support local government leaders with tools needed to address the challenges of day-to-day municipal governance operations in Puerto Rico. As ICMA’s local […]
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Puerto Rico Fast Ferries challenges maritime transportation P3 contract
November 25, 2020
Puerto Rico Fast Ferries LLC, a company that has been providing supplemental services to the government’s Maritime Transportation Authority (MTA) for ferry connections between Puerto Rico, Vieques and Culebra, has filed a legal challenge against the recent 23-year public-private partnership concession granted to HMS Ferries Inc. to take over the operation. In a 56-page legal […]
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Puerto Rico’s retail sales maintain brisk pace in August, up 11.5%
November 25, 2020
Puerto Rico’s retail sales reached $3 billion in August, representing a 11.5% year-over-year increase, which government officials attributed to the economic reopening in the midst of the COVID-19 pandemic. This represents the third increase reported in retail sales so far in 2020, said Department of Economic Development and Commerce Secretary Manuel Laboy, citing the agency’s […]
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Popular focused on providing tools and solutions to its business clients
November 25, 2020
[EDITOR’S NOTE: This post is an advertorial sponsored by Banco Popular de Puerto Rico.] In recent months, many companies and businesses have had to adapt their ways of working and sometimes reinvent themselves. Aware of the impact left by the COVID-19 pandemic, Popular continues its efforts to make life easier for business customers through the […]
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