Puerto Rico new car sales take 69.9% dive in May
June 11, 2020
The month of May closed with the sale of 2,666 new cars sold, reflecting a 69.9% drop in comparison to the 8,862 units sold during the same month last year, the United Automobile Importers Group confirmed. With these results, the sector has seen a contraction of 48.9% so far in 2020, the trade association said. […]
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Starbucks to close 400 stores in North America; Puerto Rico market spared
June 11, 2020
Seattle-based Starbucks announced it will be closing of up to 400 company-operated stores over the next 18 months throughout its North American footprint. Puerto Rico’s 28 coffee shops are spared from that decision, as they are operated under a franchise license granted to Baristas del Caribe, LLC, this media outlet confirmed. In addition to the […]
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Puerto Rico Hurricane Hub unveils preparedness initiatives for cyclonic season
June 11, 2020
Faced with the challenges of the 2020 Hurricane Season, along with the earthquakes and the COVID-19 pandemic, the the Puerto Rico Public Health Trust’s Hurricane Hub program unveiled several initiatives for prevention, preparedness and response in what is predicted to be an active cyclonic season. Part of these initiatives includes the launch of the Virtual […]
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Marina Puerto del Rey offers tips for boaters navigating into hurricane season
June 11, 2020
As Puerto Rico heads into this year’s hurricane season, which weather experts have predicted will be an active one, Marina Puerto del Rey in Fajardo unveiled tips to prepare and secure boats in the coming months. The season runs June 1 through Nov. 30, and navigating it requires planning, the owners of the marina located […]
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FEMA earmarks $30M+ for 71 recovery projects in Puerto Rico
June 10, 2020
The Federal Emergency Management Agency and the Central Office for Recovery, Reconstruction and Resilience, or COR3, announced the allocation of more than $30.4 million in funds for 71 projects related to the recovery and reconstruction of Puerto Rico due to Hurricane María. These funds were obligated between May 29 and June 4, the federal and […]
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EPA urges preparedness in Puerto Rico as hurricane season begins
June 10, 2020
As the U.S. Environmental Protection Agency continues dedicated efforts to help Puerto Rico and the U.S. Virgin Islands recover from 2017 Hurricanes Irma and María, the new Atlantic hurricane season kicked off on June 1. The EPA is now reminding people, businesses and state and local governments where they can find the best information on […]
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InterAmerican University students, professors making protective face shield frames
June 10, 2020
A group comprising students and professors from the InterAmerican University of Puerto Rico’s School of Engineering in Bayamón is working with a team of doctors and health professionals to manufacture face shield frames, the university announced. The group, called Facing Up Covid-19, provides the equipment to personnel who are working on the front line against […]
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Op-Ed: Investing in startup Puerto Rico
June 10, 2020
I was happy to read about Parallel 18’s latest group of startups and listen to each company pitch during their recent virtual kickoff event. Generation 8 is the accelerator’s first all Puerto Rican cohort and it surfaces as a hopeful sign amidst a sea of small businesses that have shut down due to the COVID-19 […]
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USDA Rural Devt. invests $382M to support homeownership in Puerto Rico
June 10, 2020
The U.S. Department of Agriculture’s Rural Development program has invested nearly $382 million during Fiscal Year 2020 to help 3,382 families in Puerto Rico buy their first home. The announcement comes as the agency celebrates “National Homeownership Month” during June, as established by a presidential order. The money invested locally is broken down into $377.7 […]
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Puerto Rico tourism officials unveil strategies to jump-start sector
June 9, 2020
Discover Puerto Rico and the Puerto Rico Tourism Co. on Monday unveiled separate but similar promotional strategies to jump-start tourist activity, which has declined significantly over the past several months since COVID-19 arrived at the island. While the Tourism Co.’s effort seeks to mobilize some 410,000 residents to vacation on the island during the summer […]
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Puerto Rico shopping center execs ask governor to extend operating hours
June 9, 2020
The Puerto Rico Association of Shopping Centers said following a “successful” first week of reopening after a nearly three-month shutdown, they are “ready for the next phase,” and asked Gov. Wanda Vázquez to allow them to return to regular operating hours. “We’re proud of the result of the reopening, since it was carried out in […]
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New $2.6M Olive Garden restaurant opens in Santa Isabel
June 9, 2020
Grupo Colón-Gerena, parent company of the Olive Garden franchise in Puerto Rico, announced the opening of its sixth location on the island, following an investment of $2.6 million. The 6,000 square-foot restaurant is the first in the southern region, located in Santa Isabel. It is generating 92 jobs in the midst of the COVID-19 pandemic. […]
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Puerto Rico Telecom Alliance pushes for public hearings for Senate Bill 1333
June 9, 2020
The head of the Puerto Rico Telecommunications Alliance, Felipe Hernández, called on lawmakers to hold public hearings on House Bill 1333, which the group claims would increase the internet and cellular service bills for local consumers and could bankrupt nearly 100 Puerto Rican small businesses that serve more than 300,000 subscribers. Hernández demanded that House […]
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Op-Ed: Puerto Rico’s never-ending recovery
June 9, 2020
Arguably since 2006, Puerto Rico has endured a plethora of natural and man-made incidents and disasters. After much travail, it seems that Puerto Rico agonizes under a never-ending recovery. And this fact is evident if we understand what recovery should be. In the dictionary, recovery is defined as “the process of becoming successful or normal again after problems,” or […]
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CBP San Juan seizes fake watches, jewelry worth $265K
June 9, 2020
U.S. Customs and Border Protection’s San Juan Field Operations announced the seizure of counterfeit watches and designer jewelry imported into Puerto Rico via international mail and courier. The estimated manufacturer suggested retail price (MSRP) of all the counterfeit products seized is approximately $265K, had the goods been genuine, the agency said. “Consumers sponsor certain brand products […]
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