Puerto Rico’s small businesses to get boost into new markets through agreement
October 26, 2021
An agreement between the United Retailers Association (CUD in Spanish) and the Puerto Rico Economic Development Bank (EDB, in Spanish) seeks to boost growth among the island’s small- and medium-sized businesses into new markets. The collaboration between the public agency and the trade group will provide, among other benefits, public workspaces to CUD members. The […]
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US Travel Assoc.: Puerto Rico leads way in travel recovery
October 25, 2021
The US Travel Association’s Recovery Dashboard with data from Tourism Economics confirmed that Puerto Rico is leading in recovery, with travel spending exceeding stateside averages. When comparing monthly spending, on average, the US was approximately 11% below the same time two years ago in September. But travel spending in Puerto Rico was more than 23% […]
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Small Inn Assoc. backs Dorado’s move to regulate short-term rentals
October 25, 2021
The Puerto Rico Association of Small Inn Owners and Tourism confirmed its support of a Municipal Ordinance passed in the Municipality of Dorado to regulate the more than 1,000 independent short-term rental accommodations operating in the town. Last week, local media outlets reported that the beachfront town is requiring a permit from short-term rental operators to […]
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NASA commits $1M for Puerto Rico EPSCoR chapter
October 25, 2021
The Puerto Rico chapter of the Established Program to Stimulate Competitive Research (EPSCoR) will be receiving $1 million over the next five years from the National Aeronautics and Space Administration (NASA). EPSCoR is a part of NASA’s Office of Stem Engagement and based out of the agency’s Kennedy Space Center in Florida, which supports science […]
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Liberty Puerto Rico donates $1M to support socio-economic initiatives
October 22, 2021
Liberty Puerto Rico announced it has made a special $1 million donation to invest in high-impact initiatives that contribute to the socio-economic development of Puerto Rico and the US Virgin Islands. As part of the celebration as the “New Liberty,” the donation was made through the Liberty Foundation as a “gesture of gratitude for the […]
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Op-Ed: Looking back at public relations lessons learned during CaPeCo fire, explosion
October 22, 2021
It was the case that changed my public relations career. A loud thump woke me up from deep sleep that Thursday night. I was beyond exhausted when I put my preschoolers to bed that day. Our annual Halloween bash was only three days away and I had taken two days off from work to turn […]
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CNE: ‘Romantizing’ the old PREPA would be a mistake
October 21, 2021
The recent malfunctioning of the Puerto Rico Electric Power Authority’s (PREPA) system — which have prompted ongoing rolling blackouts — is the result of decades of mismanagement of the public corporation, so “romantizing” it now would be a mistake, says an analysis released by the Center for a New Economy (CNE). But while blaming PREPA […]
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ParkMobile expands to Puerto Rico with contactless parking at Distrito T-Mobile
October 21, 2021
Smart parking and mobility solutions provider, ParkMobile, announced its expansion to Puerto Rico through a partnership with the Distrito T-Mobile entertainment venue in San Juan. Visitors are now able to pay for parking on their mobile devices in close to 3,000 spaces within three off-street gated facilities on the property. The integration of ParkMobile’s contactless […]
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Puerto Rico Treasury: General Fund net income for July, Aug. exceed projections by $177M
October 20, 2021
Net income that flowed into the Commonwealth’s General Fund for July and August reached $801.1 million and $675 million, respectively, for a total of about $1.5 billion, which exceeded collections projections by $176.9 million, Puerto Rico Treasury Secretary Francisco Parés said. Income tax collections for individuals and corporations exceeded the projection by $51.2 million or […]
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EDB: ‘US inflation outlook consistent with prices increase perceived by local consumers’
October 20, 2021
The Puerto Rico Economic Development Bank’s (EDB, in Spanish) Center for Economic Studies confirmed in a report that the inflationary outlook in the US mainland is consistent with the increase in prices perceived by local consumers. During a news conference, EDB President Luis Alemañy said from the lowest point recorded in June last year (-1.7%), […]
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US Dept. of Labor recovers $106K in overtime wages for 136 security guards in Puerto Rico
October 20, 2021
A US Department of Labor Wage and Hour Division investigation found that a Puerto Rico-based security services company misclassified 136 of its employees as independent contractors, denying them about $106,000 in overtime pay required under the federal Fair Labor Standards Act. Division investigators determined that Advance Investigation Group Inc. of Bayamón misclassified security guards as […]
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GSK Consumer Healthcare to reduce plastic in Advil bottles by 20%
October 20, 2021
GSK Consumer Healthcare, maker of Advil, announced it will reduce the amount of plastic used in the production of more than 80 million of its bottles by 20% for eco-friendly packaging allowing a decrease of almost 500,000 pounds of plastic, preventing it from getting into the environment. Advil’s packaging, which is made with a new […]
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‘Sounds like Puerto Rico’ series nominated for 5 Emmy Awards
October 20, 2021
The series “Sounds like Puerto Rico” produced by Discover Puerto Rico has been nominated in five categories in the 45th Annual Suncoast Regional Emmy Awards, the island’s Destination Marketing Organization announce. This series was created to educate potential visitors about the island in an entertaining way, sparking inspiration and trip ideas for future visits, the […]
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Endeavor Puerto Rico catalyst fund raises $1M from local investors
October 19, 2021
Three years since its establishment on the island, Endeavor Puerto Rico has raised $1 million for its Endeavor Catalyst Fund, from local investors who seek to support the nonprofit’s goal “to help more entrepreneurs innovate, grow and create a mark on the global stage.” The nonprofit presented a result report that summarizes the most important […]
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University of Puerto Rico gets $750K to open research facility
October 19, 2021
The University of Puerto Rico’s Department of Chemistry at its Río Piedras campus has received a $750,000 grant to establish a Center for the Advancement of Hybrid Research Experiences for Underrepresented Students. The funding comes from the US Department of Education, under the Minority Science and Engineering Improvement Program (MSEIP) and will extend for three […]
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