As part of its commitment to the health and well-being of the communities on the island, Walmart Puerto Rico announced that the annual flu shots for the 2021-2022 season, which is about to begin, are now available in its local pharmacies. “Our customers can take advantage of getting vaccinated against influenza when they visit our […]
El Yunque National Forest and a coalition of five nonprofit organizations signed a Memorandum of Understanding (MOU) to collaborate on several projects that facilitate community empowerment, shared stewardship, conservation, and co-management of natural resources, as well as promotion of tourism and economic activity in the northeast region. El Yunque National Forest Supervisor, Keenan Adams, explained […]
On the western side of Puerto Rico, an innovative agribusiness company with ample growth projections aims to bring about the island’s food sovereignty and security by becoming a reliable source of fresh, nutritious food and eliminating the reliance on sub-par food imports. Fusion Farms, Puerto Rico’s first and only hurricane-protected vertical indoor aquaponic farm developer […]
Grupo Guayacán is looking for new teams of entrepreneurs for the 13th edition of its idea validation program, known as I-Corps Puerto Rico (I-Corps PR). This program seeks to identify 25 teams interested in conceptualizing and validating the market potential of their business ideas. The teams may be formed by students, professors, researchers, and entrepreneurs […]
Puerto Rico’s short-term rental property owners and operators have come together under the Viva Puerto Rico alliance to unite and represent the segment, organizers said. VPR seeks to “give a voice to its diverse membership by providing formal representation, education, and resources for these types of accommodations — seeking to provide quality hospitality to guests, […]
The Fiscal Agency and Financial Advisory Authority (AAFAF, in Spanish) has opened a Request for Qualifications cycle looking for firms that can firms that can assist the government meet the requirements of getting and maintaining insurance coverage for some public assets, following the parameters established by the Federal Emergency Management Agency (FEMA). AAFAF Executive Director […]
Seeking to promote the strengthening of existing small businesses, FirstBank, together with INprende, are launching the third edition of the 1Éxito program, to offer training and strategic business strategies to 100 local entrepreneurs for free. Those interested in participating in the program must complete the application on or before Sept. 3rd. “[The year] 2020 was […]
The Municipality of Caguas announced the integration of the town’s small and medium-sized businesses into the Google My Business platform to guarantee greater visibility for them in the digital universe, in addition to boosting the city’s economy. Mayor William Miranda-Torres said the initiative’s goal is to increase sales for municipal businesses by 1%, which would […]
Gov. Pedro Pierluisi unveiled the concept and timeline for what will be a new full-service hospital on the island municipality of Vieques. The cost of the project that will break ground by year’s end has an associated investment of $56 million. The facilities will be constructed in phases starting in 2022 and finishing in 2024, […]
The Puerto Rico Ports Authority has initiated a Request For Interest (RFI) process for the lease, development, operation, administration and improvements of the M, N, and O docks in the Puerto Nuevo Port Zone, agency Executive Director Joel A. Pizá announced. He explained that after a negotiation process, the Ports Authority recovered these piers late last […]
When will the bitcoin speculative bubble burst? Like all speculative investment euphoria bubbles, there is a time when a herd of investors enamored with huge returns will begin to invest or consider investing in asset classes they don’t fully understand or comprehend. Such is the case with bitcoin, which is the name of the most […]
Puerto Rico’s Economic Activity Index (EDB-EAI) reached a maximum level of 118.9 points, a number that represents a year-over-year increase of 8%, Economic Development Bank President Luis Alemañy confirmed. “This is the fourth year-over-year increase after 12 consecutive decreases. If compared to the previous month, the EDB-EAI growth rate decreased 0.5%. The interannual results reflect […]
Technology services company 7 Eagle Group Caribe ViPR-SOC (7EGC) will be the first “Quantum-Resistant” cybersecurity operation in the United States and Puerto Rico and will be established in the island starting in the first quarter of 2022. As part of its upstart, the firm received $6.6 million in incentives which will be directed toward construction, […]
The pace at which Puerto Rico’s tourism sector has been recovering since the start of the pandemic has been “astounding,” exceeding the Caribbean and US averages, said Discover Puerto Rico CEO Brad Dean during the organization’s monthly industry update. Citing its internal data, the DMO confirmed that June and July’s lodging demand pushed the year-to-date […]
At a virtual event on Aug. 17, ESPN and partners officially opened a newly transformed multifunctional sports space dedicated to the local community and its residents. The site is the 10th in the global “Built to Play” project series, led by ESPN. Partners on the project include the local community, with love.fútbol, Coaches Across Continents, […]
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