The Proyecto Agroecológico el Josco Bravo will train 150 new farmers through the ninth edition of its “Productores y Promotores” course starting next month, in seven locations throughout Puerto Rico, the nonprofit announced. The course has a network of more than 60 farms that serve as mentors and where students must complete 50 hours of […]
The Puerto Rico Orthopedic Center of the University of Puerto Rico’s Dr. Federico Trilla Hospital in Carolina this week began performing the first knee replacement operation with Mako SmartRobotics robotic technology. The robot — which the hospital said is unique to Puerto Rico, the Caribbean, and the Central America region — is used to perform […]
Community-based nonprofit organization Boys & Girls Clubs of Puerto Rico launched the “Now it’s your turn! Join Us,” recruitment campaign, that seeks to hire more than 80 professionals, to expand its local workforce. The effort appeals to trained talent who wants to be part of Puerto Rico’s transformation through the programs and services offered by […]
After more than five years, the US District Court for the District of Puerto Rico approved a Plan of Adjustment that reduces the commonwealth’s debt by 80% and saves Puerto Rico more than $50 billion in debt service payments. Among other matters, the plan orders modifying some $33 billion in central government obligations. In a […]
In mid-2021, McKenzie & Associates surveyed hundreds of C-suite level Puerto Rican business leaders for its “2022 Puerto Rico Market Sentiment Report,” confirming mostly optimism for their operations this year. A sample of 135 leaders grouped into nine industry classifications provided responses to the survey. Of those 123, or 91%, believe their sales will grow […]
It was not exactly music to their ears for many show business entrepreneurs at the end of the last century. The initial attack that collapsed the traditional song distribution industry came from Netscape in 1999. Then it was Apple’s iTunes, followed by Spotify, and now its cryptocurrency creeping into the $65 billion music business worldwide. […]
Agriculture Department officials stepped in to help farmers in Barranquitas market their yam harvests, after one of the agronomists went public on social media about the possible loss of a large starchy root vegetable crop he was unable to sell. Agriculture Secretary Ramón González met with farmers in the mountainous town, connecting them with retailers […]
Through its NBCU Academy program, the NBCU News Group awarded the Sacred Heart University’s Ferré Rangel School of Communication (ECFR, in Spanish) a donation as part of a new partnership to support the education of communicators who contribute to the values of diversity, equity, and inclusion in society. Sacred Heart University is one of 13 […]
Puerto Rico-based FV Bank announced it has invested in DIRO, an online platform that provides financial institutions, payment providers, crypto companies, and other enterprises with the ability to verify a person or document on a global scale. FV Bank is integrating DIRO’s solution into its account opening protocols to facilitate compliant automation of its “Know Your Customer” […]
The Puerto Rico Economic Development Bank doubled the number of loans approved for small and mid-sized businesses in 2021, when compared to 2019, agency President Luis Alemañy said, adding that in doing so, “the public corporation has become one of the main sources of aid and financing” for that segment known as SMEs. Offering a […]
PathStone Enterprise Center (PECI) and the Puerto Rico Technoeconomic Corridor signed an alliance that will promote the development, maintenance and expansion of micro, small and medium businesses in the southwestern region of the island. Through a grant obtained by PECI, both organizations will work collaboratively with the entrepreneurial sector of the municipalities of the Southwest […]
The Puerto Rico Department of Education announced a $75 million initiative to provide wireless broadband access to public school students and teachers through June 30. In a release, the agency confirmed the funding will come from the federal Emergency Connectivity Fund. The three companies participating in the initiative are Liberty Puerto Rico, Claro Puerto Rico […]
The Airbnb short-term rental platform confirmed that 23.5% of hosts in Puerto Rico said they started sharing their space to earn extra spending money, while 32.7% said they did it to make ends meet. Meanwhile, 25.5% of the hosts surveyed confirmed they want to earn money to grow as an Airbnb host, while 5.9% participate […]
Aware of the large number of projects that must be implemented in the coming years as part of the efforts and funds allocated to Puerto Rico’s recovery and reconstruction, the Puerto Rico Manufacturers Association, in collaboration with OKA Project Management & Strategic Leadership, launched the Project Management Academy PM4PRR3 (Project Management for Puerto Rico’s Recovery, […]
New car sales in Puerto Rico hit a record figure last year, when 129,145 vehicles were sold, representing a 36% jump when compared to 2020, and the highest growth since 2005, when 140,400 units were sold, the United Automobile Importers Group (GUIA, in Spanish) announced. Last year’s industry growth happened despite the effects of the […]
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