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 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, […]
The Puerto Rico Ports Authority announced it has received $8 million from the Federal Aviation Administration, which it will earmark to cover capital improvement projects in the island’s airport system. In a release, agency Executive Director Joel Pizá said the specific projects will be: The expansion project of the passenger terminal and installation of jet […]
A delegation from Discover Puerto Rico will arrive in Spain next Monday to participate in the new edition of the International Tourism Fair (FITUR) that will take place in Madrid Jan. 19-23. The group will take all possible precautions to avoid COVID-19 infections during the event that brings together thousands of people in one of […]
The US Department of Agriculture announced a $9 million investment in new Cooperative Extension and USDA Climate Hubs partnerships to bolster climate research and connect and share climate-smart solutions directly with the agricultural community. The USDA Caribbean Climate Hub, which will receive $1.5 million, is partnering with minority-serving universities, including the University of Puerto Rico […]
As the COVID-19 virus rages and has reached its highest peak of infections in Puerto Rico, the Puerto Rican Association of Shopping Centers confirmed that more than 313,312 doses of the vaccine against this disease have been administered in their malls. The malls that currently have vaccination centers are Aguadilla Mall in Aguadilla, Céntrico in […]
More than 304,000 families could benefit this year from the Child Tax Credit (CTC) and 466,000 families from the Work Credit benefit, which together will benefit their pockets and inject up to $2.6 billion into the Puerto Rican economy, according to for Youth Development Institute of the nonprofit Espacios Abiertos (EA). Economist María Enchautegui, the […]
OncoHealth, a digital health company dedicated to navigating the physical, mental, and financial complexities of cancer care, has announced a multi-year partnership with Triple-S Salud. OncoHealth and Triple-S have been partners for more than two years and now they have expanded their partnership to include cancer treatment reviews for all lines of business, including 450,000 […]
As part of its “Navidades Nivel Boricua” campaign, McDonald’s Puerto Rico marked the holiday season by donating toys and food to three children’s homes on the island. The campaign benefited the Hogar Albergue de Niños, Portal de Amor Inc. in San Germán, Hogar de Niños Forjadores de Esperanza Inc. in Bayamón, and Hogar Infantil Santa […]
In 2021, USDA’s Natural Resources Conservation Service (NRCS) provided more than $19.5 million across its different programs to farmers, ranchers, and forest landowners in Puerto Rico and the US Virgin Islands, the agency announced. “Our data shows that we and our partners brought a healthier resource base and were able to impact farmers and communities […]
The US Department of Treasury approved Puerto Rico’s plan to use some $75.6 million for the Homeowner Assistance Program to help homeowners who have faced difficulties paying the mortgage on their primary residence, and other housing-related expenses, due to the COVID-19 pandemic. “This program is aimed at preventing mortgage defaults, home foreclosures and the loss […]
The U.S. Department of Agriculture (USDA) is investing $50 million in 118 partnerships to expand access to conservation assistance for climate-smart agriculture and forestry. Three of those partnerships — with Pecan Street Inc., Rural Advancement Foundation International‐USA, and the Rural Coalition — will benefit Puerto Rico communities, according to the agency. The Equity Conservation Cooperative […]
The TOTE Group’s maritime companies have partnered with Global Citizen USA to ensure hundreds of families in Alaska and Puerto Rico received toys in time for the holidays. TOTE worked with logistics partners Carlile, Ryder Systems, Tropical Shipping, DM Transport and OM Transport to provide transportation and warehousing services to deliver 23,400 toys to more […]
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