ConPRmetidos launches initiative to attract world-class professionals to Puerto Rico
December 7, 2020
Puerto Rico-based nonprofit ConPRmetidos recently unveiled the program ElComebackPR.org, a platform aimed at bringing back Puerto Rican professionals living and working in the diaspora, and non-Puerto Rican entrepreneurs/workers back to the island. The program seeks to connect professionals and anyone who wants to contribute to the Puerto Rico’s economy with employment opportunities on the island. […]
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Power Sports unveils new $3M expanded retail concept
December 7, 2020
Local retailer Power Sports announced the opening this week of its new home appliance and power generation equipment outlet store, just in time for the start of the holiday season. The opening of the 26,000 square-foot store is part of an expansion project driven by an investment of more than $3 million. The new retail […]
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Walgreens rolls out curbside pickup service in 106 stores across Puerto Rico
December 4, 2020
As part of the reinvention of its customer loyalty program, Walgreens recently rolled out a fully-redesigned mobile app through which Puerto Rico customers can now buy and pick up their purchases at the store, curbside, or at the drive-thru window in as little as 30 minutes. Curbside pick-up at Walgreens is new to Puerto Rico, […]
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Puerto Rico Treasury Dept. confirms Medicare cash benefit is not income
December 4, 2020
The Puerto Rico Treasury Department has ruled that the cash benefit available in certain products to Medicare Advantage plan members is not considered income and, therefore, does not affect the member’s eligibility for other programs and services based on income. “We’re very pleased that the Treasury Department expressed and confirmed through a ruling that the […]
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Demographic Registry expands online services for Puerto Rico residents
December 4, 2020
Puerto Rico residents will be able to request eight different types of services from the Demographic Registry’s website with the creation of a digital citizen profile, said Glorimar Ripoll-Balet, Executive Director of the government’s Puerto Rico Innovation and Technology Service (PRITS) office. Puerto Rico residents may apply for a birth certificate, marriage certificate, death certificate […]
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$350K Marocha restaurant brings its ‘free spirit’ local cuisine to Miramar
December 4, 2020
At an investment of $350,000, Chef Owner Eileen Sánchez unveiled her new culinary offering in Miramar, called Marocha. The opening of the eatery was scheduled for March 2020, when the pandemic challenged her plans, but not her entrepreneurial spirit. “Without a doubt, the pandemic has been a blow to us and to the restaurant industry […]
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Homebuilders Association bestows ‘Banker of the Year’ award to FirstBank exec
December 4, 2020
The Puerto Rico Homebuilders Association bestowed its “Banker of the Year” award to Alexis Aguiar, first vicepresident of FirstBank’s corporate banking division, the bank announced. The Association assigns the award for excellence in the person’s performance and their contribution in the construction industry, in the community and in Puerto Rico’s economic development. The award ceremony […]
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Construction of new $12.3M Allmost Homes Hotel underway in Condado
December 3, 2020
The Allmost Homes Hotel, a new $12.3 million hotel under construction on Ashford Ave. in the Condado sector of San Juan, will convert a former building into suites, marking the arrival of a new type of lodging concept to Puerto Rico’s tourism industry. The property is slated to open in October 2021. “The concept seeks […]
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Grupo Guayacán awards 3 business ideas focused on sustainability and resilience
December 3, 2020
Grupo Guayacán, sponsors of the I-Corps Puerto Rico entrepreneurial bootcamp, announced the three winners of its 11th cohort, which drew 22 participating teams. Seed capital prizes totaling $8,500 were awarded with the support of the Massachusetts United for Puerto Rico (MUPR) fund at the Boston Foundation. The team from Mujerona was awarded the first prize […]
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Retailers: A partial lockdown would be ‘catastrophic’ for economy
December 3, 2020
Reactions from representatives of Puerto Rico’s retail sector were quickly offered Wednesday in response to the possibility of a partial lockdown to fight the raging spread of the COVID-19 virus. In a nutshell, they agreed cutting back hours would be “catastrophic” for the island’s economy. In separate statements, the Puerto Rican Association of Shopping Centers, […]
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Entrepreneur opens 2nd Migas restaurant in Mayagüez
December 3, 2020
Franky Suárez-Caro, a 30-year-old entrepreneur announced the opening of a second location of its Migas restaurant on Route 2 in Mayagüez, for which he invested $100,000. The opening, he said, responds to “the constant and ongoing support from coffee lovers and diners from the southwest and across the island.” The new 1,300 square-foot casual dining […]
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Corporate Ladder: Top executives named across sectors of Puerto Rico’s economy
December 3, 2020
This edition of Climbing the Corporate Ladder — this media outlet’s section dedicated to featuring executive appointments in Puerto Rico — highlights newcomers named to lead businesses across multiple economic sectors. Amgen names 1st Puerto Rican woman VP of operationsAmgen Manufacturing Limited (AML) appointed industrial engineer Brenda Torres-Rivera as the new vice president of operations of the […]
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U.S. Postal Service closed Christmas Day and New Year’s Day
December 3, 2020
U.S. Post Office locations nationwide will be closed on Christmas Day and New Year’s Day, but will reopen after the holidays, and regular mail delivery will resume Dec. 26 and Jan. 2, the agency announced. Some Post Office locations may have extended hours leading up to the holidays, while others may have limited hours on Christmas Eve. Although there are no […]
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AFAR travelers rank Puerto Rico as top Caribbean island
December 3, 2020
AFAR, a travel media brand that inspires and guides travelers to “have deeper, richer, and more meaningful experiences,” revealed the winners of its fifth-annual AFAR Travelers’ Awards, in which Puerto Rico was chosen as the #1 Caribbean island. “After the tourism industry has been so heavily impacted by the current pandemic, being chosen for this […]
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Vitrina Solidaria launches virtual training for 15 Loíza-based entrepreneurs
December 3, 2020
Fifteen entrepreneurs from the northern town of Loíza began a virtual training program comprising more than 40 hours of training, practical sessions and mentoring through nonprofit organization’s Vitrina Solidaria’s Loíza Glocal Bootcamp, Executive Director Raquel Skerrett-Escalera said. The businesses of the entrepreneurs picked for the free training represent the agriculture, food and arts and crafts […]
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