Puerto Rico Supreme Court defines ‘good faith’ in compulsory foreclosure mediation cases
October 19, 2020
Puerto Rico Legal Services (SLPR, in Spanish) celebrated the opinion issued by the Puerto Rico Supreme Court in a mortgage foreclosure case that conclusively defines the concept of “good faith” in compulsory mediation processes that are mandatory in these cases. “Undoubtedly, the decision in this case will be a game changer for everyone facing foreclosure […]
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Pierluisi looks to insert Puerto Rico fully into U.S. economy
October 19, 2020
Pedro Pierluisi, the 61-year-old gubernatorial candidate for the New Progressive Party, believes that Puerto Rico should serve as a bridge for the U.S. mainland to gain “better access to the Americas,” according to his economic development proposals posted on his campaign website. Pierluisi strongly believes in: carrying out a realistic and transformative reengineering of how […]
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USDA-NRCS awards $8.5M in conservation assistance to Caribbean farmers in ’20
October 19, 2020
The U.S. Department of Agriculture’s Natural Resources Conservation Service (NRCS) approved 364 new Environmental Quality Incentives Program (EQIP) contracts worth about $8.5 million in Fiscal 2020, the agency said. It worked in partnership with farmers, ranchers, and forest landowners in the Caribbean Area (Puerto Rico and the U.S. Virgin Islands), to develop conservation plans for […]
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Op-Ed: What is workplace harassment, or mobbing?
October 19, 2020
On August 7, 2020, Act No. 90, a law prohibiting workplace harassment or mobbing, went into effect. Puerto Rico is the first U.S. jurisdiction in approving such law. Under the new law, employees in the public and private sector have a cause of action for conduct the law classifies as workplace harassment. Aggrieved employees would […]
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Grupo Guayacán collects $82K in donations via virtual fundraiser
October 19, 2020
Small donations of $1, $10 and $50 added up to help Grupo Guayacán surpass its fundraising goal for the 2020 Guayacán Giving Day, which closed with $82,768 in donations, the nonprofit announced. The campaign is the organization’s most important effort geared at raising individual donations to support its entrepreneurial development and training programs, which are […]
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Foundation for Puerto Rico launches ‘For Good’ fundraising campaign
October 19, 2020
Responding to the back-to-back crises that have affected Puerto Rico since 2017 — Hurricane María, the January 2020 earthquake and the COVID-19 pandemic — Foundation for Puerto Rico has launched the “For Good” initiative to continue its philanthropic work throughout Puerto Rico. The nonprofit’s virtual fundraising campaign offers people three ways to help: “Raffle for […]
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Swiss firm NEWS expands footprint to Puerto Rico
October 19, 2020
In the midst of the crisis caused by the pandemic for Puerto Rico’s business and economic sectors, Switzerland-based NEWS (Navigating in Times of Change) is expanding its operations to Puerto Rico, it announced. The company that seeks to “impart a unique and specific methodology enable organizations and companies overcome challenges in uncertain times” is adding […]
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Discover Puerto Rico: 56.4% of consumers ‘ready to travel’
October 16, 2020
Discover Puerto Rico, Puerto Rico’s destination marketing organization, shared results of a recent market study that showed that 56.4% of consumers are “ready to travel,” with more than 40% expecting their next trip will take place before the end of the year. Citing the data gathered by its research partner Destination Analysts, Discover Puerto Rico […]
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Evertec awards 160+ scholarships to college students in PR, LatAm
October 16, 2020
Evertec Inc. announced the results of its 6th edition of its Scholarship Program, granting more than 160 scholarships to university students in Puerto Rico and throughout Latin America for an investment exceeding $185,000. The company also revealed that a year after developing an alliance with leaders in the technology ecosystem to encourage women concentrating in […]
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Puerto Rico Tourism Co. restarts campaign to encourage residents to explore the island
October 16, 2020
The Puerto Rico Tourism Co. relaunched its “Check Into Your Island” campaign to convey the message on the health and safety measures to be considered to do internal tourism and take advantage of offers currently available only for Puerto Rico residents. The goal is to retrigger the tourism sector’s economic activity after more than six […]
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Guayanilla exec. gets SBA ‘Woman Entrepreneur of the Year’ award
October 16, 2020
As part of National Small Business Administration (SBA) Week, Nydia Padilla, president of South Puerto Rico Towing & Boat Services Inc., nominated by FirstBank, received the “Woman Entrepreneur of the Year” Award for Puerto Rico and the U.S. Virgin Islands. In 2004, Padilla took over the reins of the company, leading a 60-person team in […]
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Oriental offers COVID-19 tests to employees in partnership with CorePlus
October 16, 2020
For the second straight year, financial institution Oriental is sponsoring its “Your Health on the Road” program, in which, together with its health providers, it offers preventive clinics to employees. This year, Oriental entered into a partnership with its client CorePlus Clinical and Pathological Services, a laboratory specialized in the management of COVID-19 tests, to […]
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Puerto Rico schools and libraries to get $5.3M to expand broadband
October 15, 2020
Several hundred Puerto Rico-based schools, municipalities and nonprofits will receive more than $5.5 million from the Federal Communications Commission’s E-Rate funding program to boost broadband services. The program is part of the Universal Service Fund, which has opened two funding windows so far this year. During the first round, the agency received 361 funding requests […]
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Becton Dickinson pumps $23M into Juncos complex expansion
October 15, 2020
Medical technology manufacturer Becton, Dickinson and Company (BD) announced a new expansion to its complex in Juncos, through a $23 million shared investment with the Department of Economic Development and Commerce (DDEC). BD has been operating in Puerto Rico since 1957 and will expand its operations and infrastructure to increase production capacity, DDEC Secretary Manuel […]
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Puerto Rico new car sales up 11.7% Y-O-Y in September
October 15, 2020
Despite challenges posed by measures implemented to curb the spread of COVID-19, Puerto Rico’s new car sales reflected an 11.7% year-over-year growth in September, with 8,427 units sold vs. the 7,546 sold in the same year-ago month. The United Automobile Importers Group said, however, that sales from January to September are 20.7% below the same […]
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