‘Encouraging panorama’ to develop Puerto Rico’s medical tourism industry
June 9, 2020
The medical tourism industry in Puerto Rico has an opportunity for growth on the island, due to the worldwide spread of COVID-19, said Department of Economic Development and Commerce Secretary Manuel Laboy. “The emergency due to the spread of COVID-19 in the United States allows Puerto Rico to be an option for the practice of […]
chat_bubble0 Comment
visibility2282 Views
Telecom services under Lifeline program subject to new reviews starting June 23
June 8, 2020
Starting on June 23, Puerto Rico consumers applying for subsidized telecommunications services will have to go through the National Lifeline Eligibility Verifier to validate that they qualify for services. On that date, telecommunications carriers that participate in the subsidy program must cease using older eligibility processes to complete enrollments, the Federal Communications Commission’s Wireline Competition […]
chat_bubble1 Comment
visibility2295 Views
Entrepreneur Challenge to pick 10 participants to develop business ideas
June 8, 2020
The Entrepreneur Challenge — an initiative headed by the Department of Economic Development and Commerce’s Youth Development Program — has entered its second phase, during which it will select 10 participants to present their business proposals, the agency confirmed. “After launching the challenge for the second consecutive year in February, 280 young people stepped forward […]
chat_bubble0 Comment
visibility2016 Views
Kimberly-Clark’s Puerto Rico employees to continue working remotely
June 8, 2020
While the island has entered the second phase of reopening stores and has launched a staggered return to work, Kimberly-Clark announced it will keep its sales and administrative staff in Puerto Rico working from home. The company explained that since the start of the global crisis generated by COVID-19, it decided to have all of […]
chat_bubble0 Comment
visibility2403 Views
Jones Act turns 100 amid renewed controversy
June 5, 2020
By Larry LuxnerSpecial to News is my Business Sen. Mike Lee, a Utah Republican viewed as one of the most conservative members of Congress, said lighting “a Dumpster full of manure on fire” would be an appropriate way to mark today’s 100th anniversary of the Jones Act. The controversial legislation, approved by Congress on June […]
chat_bubble1 Comment
visibility4051 Views
Triple-S Vida acquires USIC Life portfolio of insurance policies
June 5, 2020
Triple-S Vida, a subsidiary of the Triple-S Group, announced its acquisition of United Surety & Indemnity Co.’s (USIC) portfolio of cancer, life and Temporary Non-Occupational Disability Insurance (Sinot, in Spanish) policies to expand its offer in Puerto Rico’s life insurance market. “We saw the opportunity to grow our portfolio with this acquisition that includes more […]
chat_bubble0 Comment
visibility3298 Views
6 Puerto Rico nonprofits chosen for 1st Leadership Development Initiative cohort
June 5, 2020
The Puerto Rico Nonprofit Capacity Building Network, a collaboration among Enterprise Community Partners, NeighborWorks America and the Puerto Rico Community Foundation announced the six Puerto Rico nonprofits selected for the inaugural cohort of the Puerto Rico Leadership Development Initiative. The six nonprofits, representing all major regions across the island, will each receive a $35,000 grant, […]
chat_bubble0 Comment
visibility1922 Views
FEMA works with public, academia to build emergency operations center in Loíza
June 5, 2020
Through a collaborative effort for the benefit of the community, the Federal Emergency Management Agency has joined the Polytechnic University of Puerto Rico with the municipality of Loíza to begin the initial phase of building a new Emergency Operations Center. The academic institution will donate the plans for the design of the structure located in […]
chat_bubble0 Comment
visibility1720 Views
Puerto Rico Treasury Dept. opens application process for small business incentives
June 5, 2020
Effective today, the Puerto Rico Treasury Department will open a link through the Unified Internal Revenue System (SURI, in Spanish), so that eligible small and medium businesses can apply for the second round of financial aid approved under the CARES Act. Treasury Secretary Francisco Parés said the approved incentives for small and medium-sized businesses will […]
chat_bubble1 Comment
visibility1933 Views
Puerto Rico Public Health Trust grants $40K to 4 institutions
June 5, 2020
The Puerto Rico Public Health Trust announced the four proposals selected for specific public health research that include projects on contact tracing, telemedicine, health access and food safety for adults with diabetes and the intermittent social distance to control the COVID-19 pandemic on the island. “Our interest is to support our researchers so that with […]
chat_bubble0 Comment
visibility1781 Views
11th edition of Oriental’s Summer Internship Program kicks off
June 5, 2020
The 11th edition of Oriental’s Summer Internship Program for college students has been announced, this time remotely, bank officials said. The program seeks to expose students and recent graduates to a “broad and integrated work experience.” The nine-week program will have six participants this year. “This year we face different challenges, we’re experiencing a health […]
chat_bubble0 Comment
visibility1171 Views
NUC University Ponce campus recognized by Medical Reserve Corps program
June 5, 2020
The Medical Reserve Corps (MRC) program recently recognized NUC University, Ponce Campus among several universities nominated to compete in the category of “Outstanding MRC Collaborating Institution.” This as a result of a joint collaboration given the emergency that arose at the beginning of the year due to earthquakes and earthquakes in the southern area. University […]
chat_bubble0 Comment
visibility2943 Views
Pediatric Hospital Foundation provides PPE, other resources in response to pandemic
June 5, 2020
When Puerto Rico began to face the coronavirus emergency earlier this year, the Pediatric Hospital Foundation established the COVID-19 Extraordinary Fund to buy the necessary resources to protect frontline health professionals. As part of the effort, the nonprofit received $240,000 in donations from private companies, organizations and citizens. It also received in-kind donations of more […]
chat_bubble0 Comment
visibility1351 Views
Haemonetics to sell Fajardo manufacturing operations to GVS, S.p.A
June 4, 2020
Medical technology company Haemonetics Corp. announced that it has entered into a definitive agreement to sell its Fajardo manufacturing operations to GVS, S.p.A, a provider of advanced filtration solutions for critical applications. Under the terms of the agreement, upon closing, Haemonetics will retain all intellectual property rights to its proprietary blood filters currently manufactured at […]
chat_bubble0 Comment
visibility3220 Views
Habitat for Humanity opens call for homeownership in Santurce
June 4, 2020
Nonprofit organization Habitat for Humanity announced the opening of its call to receive applications from low and medium income families and individuals interested in buying a property in its new multifamily housing project — a four story building with 12 units located on Avenida Ponce de León 1257 in Santurce. The project, which includes the […]
chat_bubble4 Comments
visibility3407 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA