Grijalva urges President-elect Biden to ‘implement Puerto Rico priorities quickly’
December 11, 2020
Congressman Raúl M. Grijalva (D-Ariz.) sent a letter to President-elect Joe Biden and Vice President-elect Kamala Harris urging the rapid implementation of the “Biden-Harris Plan for Recovery, Renewal and Respect for Puerto Rico.” He also encouraged the incoming administration to create a federal working group to offer analysis and expertise to the White House and […]
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Puerto Rico to become ‘central axis’ of Caribbean blue economy plan
December 10, 2020
Looking to promote the development of the so-called “blue economy” in Puerto Rico and the U.S. Caribbean, nonprofit organization, Bluetide Puerto Rico (BTPR) recently signed a contract to design a strategic plan that will make Puerto Rico the central axis on this matter in the Caribbean. “Blue economy” is a term in economics relating to the exploitation and […]
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Ford Environmental Grants program assigns $40K to 4 projects in Puerto Rico
December 10, 2020
In a special 2020 edition, the Ford Environmental Grants program assigned $40,000 among four winning projects in Puerto Rico, as part of its goal of empowering communities toward a more sustainable future by encouraging the proliferation of collective efforts to achieve a better planet. Due to the COVID-19 pandemic, this year the program opened a […]
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Op-Ed: Puerto Rico’s new gov’t must focus on transforming energy sector
December 10, 2020
In recent years, we have witnessed how legislation seeks to transform the electricity sector in Puerto Rico. In 2014, the Energy Transformation and RELIEF Act was approved, which for the first time created an independent regulatory entity capable of overseeing and enforcing Puerto Rico’s energy policy. Five years later, in 2019, the Public Energy Policy […]
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MCS launches health coverage plan for Puerto Rico’s self-employed
December 10, 2020
MCS Life Insurance Co. announced the launch of a health coverage plan for Puerto Rico’s self-employed and small- and medium-sized businesses. Starting at $2.35 a day, MCS Personal medical coverage includes essential health benefits, such as emergency services, hospitalization, maternity, drugs, mental health care, laboratory, and preventive services, as well as chronic disease management, and […]
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US House passes 1st amendment to PROMESA mandating more disclosure
December 9, 2020
The US House of Representatives passed H.R. 683 — the Puerto Rico Recovery Accuracy in Disclosures Act of 2019 (PRRADA) — the first amendment approved by either chamber of Congress to the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA). The legislation, introduced by Rep. Nydia M. Velázquez (D-N.Y.), mandates financial disclosures by professionals […]
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Liberty Foundation awards $500K to 23 nonprofits through virtual golf tourney
December 9, 2020
The Liberty Foundation rounded up $500,000 in donations during the virtual edition of its 23rd Liberty Foundation Golf Invitational — A new reality tournament, which it split among 23 nonprofits in Puerto Rico and the U.S. Virgin Islands. The donation was presented right before the game, which took place Dec. 4 at a virtual golf […]
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Uber Eats ends year with 2nd expansion of its delivery service to Ponce
December 9, 2020
The Uber Eats app announced it has expanded its delivery service to the southern town of Ponce, where users can order from their favorite restaurants with the touch of a button. Meanwhile, restaurants can expand their customer base, while Ponce residents can use the app to earn extra earnings as drivers if they decide to […]
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Op-Ed: The proposed aluminum recycling law, another ‘dead letter’ act
December 9, 2020
They say that the road to hell is paved with good intentions. Senate Bill 1683 to create a law to “Encourage the collection of scrap from aluminum extrusions and promote a new recycling industry to transform scrap into raw material” is being considered at the extraordinary session that was just convened at the Legislature. The […]
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Parallel18 launches digital tool to spark global investment, business opportunities
December 8, 2020
As a direct response to the COVID-19 pandemic, parallel18, the international startup program based in Puerto Rico, launched a digital tool that connects its participant and graduate companies with investors and corporate partners from all over the world. The Startup Directory is an initiative through which the Puerto Rico Science, Technology and Research Trust’s program aims to […]
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New $6.8M Tryp by Wyndham Hotel breaks ground in Mayagüez
December 8, 2020
Puerto Rican development firm EJ Global Investment announced the start of construction of what will be the TRYP by Wyndham hotel in the town of Mayagüez, at a cost of $6.8 million. The new 50-room hotel will generate about 40 new jobs and is slated to open in November 2021, company executives Eric Ruiz-Colón and […]
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Triple-S Management Corp. CFO Román-Jiménez to retire
December 8, 2020
Triple-S Management Corporation announced that its Chief Financial Officer Juan José Román-Jiménez will retire at the end of a planned transition, capping a three-decade career as a finance executive that included serving as CFO for two public companies. Román-Jiménez will remain in his role until his successor is chosen and will help ensure a smooth […]
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Brad Dean appointed vice chair of US Travel and Tourism Advisory Board
December 8, 2020
Discover Puerto Rico’s CEO Brad Dean has been appointed vice chair of the US Travel and Tourism Advisory Board (TTAB), for a two-year term. This Board advises the Secretary of Commerce on matters relating to the US travel and tourism industry. This Board advises on government policies and programs that affect the US travel and […]
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Popular Auto’s Starting Connection Program aims to help establish credit
December 8, 2020
Looking to help consumers establish a credit history, and under the motto, “Now you can have what you dreamed of,” Popular Auto announced the availability of the “Starting Connection Program.” This program makes it easier for people who do not have credit experience, or it is limited, to buy their first car through a qualified […]
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USDA-NRCS to hold state technical committee meetings for Puerto Rico/USVI
December 8, 2020
The U.S. Department of Agriculture’ Natural Resources Conservation Service will host virtual meetings this week, to discuss 2018 Farm Bill updates, storm recovery efforts under the Emergency Watershed Protection Program (EWPP), and updates from NRCS Caribbean Divisions and federal and territorial partners. NRCS Caribbean Area Director Luis Cruz-Arroyo said agency partners, clients and potential clients […]
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