The island municipality of Culebra is one of 13 communities selected to participate in “Local Foods, Local Places” (LFLP), a federal partnership program that supports community-led efforts to reinvest in existing neighborhoods, protects the environment, and improves residents’ health and quality of life through the development of the local food economy. The US Environmental Protection […]
The Financial Oversight and Management Board for Puerto Rico has spent five years cutting essential services, while staying away from the “deep pocket” of tax incentives that represent 67.7% of the total expenses related to the commonwealth’s General Fund, even though whether they produce some economic or social benefit is unknown, according to an analysis […]
This edition of Climbing the Corporate Ladder rounds up appointments of executives in the legal, academic and tourism sectors. Carrasquillo Law Group expands Puerto Rico practice groupCarrasquillo Law Group, PC, a boutique law firm headquartered in New York, which brings clients an international perspective with a local understanding, is expanding its Puerto Rico operations with […]
MMM Foundation recently donated $100,000 to be split among five nonprofit organizations that offer, at no cost, myriad services in healthcare, food, therapies, and virtual workshops in Puerto Rico. The selection process was by a committee that evaluated over 50 proposals. After selecting 16 finalists that met the requirements, five organizations were selected as recipients […]
The US Government Accountability Office released a report in which it concluded that the Federal Communications Commission (FCC) did its part in the restoration work after Hurricane María hit Puerto Rico in 2017, but it must clearly define its disaster response role moving forward. The FCC’s part included gathering network outage information and creating a […]
The US Department of Agriculture kicked off National Homeownership Month — which is part of the agency’s efforts to provide access to affordable housing — by offering payment moratoriums and modified application procedures. To assist homeowners facing current hardships, the USDA Rural Development is also working with new borrowers and their lenders to make special […]
Wireless carrier T-Mobile unveiled new services designed to help fuel a resurgence by small businesses in the post-pandemic digital world, with new plans to extend unlimited 5G Access included and an incentive to advertise on Facebook built into the package. “In Puerto Rico, small businesses make up 40% of the workforce in the private sector […]
Grupo Guayacán announced the official selection of 29 emerging businesses from Puerto Rico that will compete in the 16th edition of the EnterPRize business competition. As part of their selection, all companies will receive an initial incentive of $1,500 and the opportunity to compete for more than $220,000 in seed capital, among other prizes, the […]
The Department of Economic Development and Commerce (DDEC, in Spanish) announced that starting June 3, its Rums of Puerto Rico program, jointly with the brands it represents, will distribute $2.5 million in incentives to members of the alcoholic beverages sales and service industry. The funds will go to bar owners, alcoholic beverage retailers and mixologists/bartenders, […]
Editor’s Note: This post is sponsored by AON Puerto Rico. Studies have shown that healthy, happy and motivated employees deliver higher performance and remain more loyal toward their employers over time. A recent health survey held by Aon showed that 95% of employers recognize the link between wellbeing and productivity. Therefore, investing in the health […]
LUMA, the private consortium that will begin operating the Puerto Rico Electric Power Authority’s (PREPA) transmission and distribution system, offered details about its customer service options for clients. As of today, LUMA will have multiple channels for customers to communicate with the company. The toll-free customer service hotline is 1.844.888.5862 (LUMA). Calls made to PREPA’s […]
Air carrier Avianca announced it will resume operations between San Juan and Bogotá, Colombia on June 2, with direct flights that are expected to generate $1.5 million in economic benefits for Puerto Rico, island tourism officials said. Initially, the route will have two weekly flights, a number that is projected to increase during the summer […]
Puerto Rico’s most recent Consumer Price Index report showed a 1.4% year-over-year increase in April, the Puerto Rico Economic Development Bank confirmed. “This report is revealed as part of the efforts of the EDB’s Center for Economic Studies to keep small and medium-sized businesses, entrepreneurs and investors informed and also to support decision-making,” said EDB […]
Liberty Puerto Rico announced that its business continuity and disaster recovery plan is ready to face the upcoming 2021 hurricane season, as it has been “updated, tested, and exercised regularly” in collaboration with its parent company, Liberty Latin America. “We’re in a stronger shape to face natural disasters as we have gained experience after recent […]
The government, the private sector, philanthropy, nonprofits and community leaders must work more closely to mitigate the negative effects on mental health caused by the COVID-19 pandemic in the Caribbean region, said Bárbara Rivera-Batista, executive director of Vimenti by Boys & Girls Clubs of Puerto Rico During her participation in the virtual mental health forum […]
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