Bankruptcy judge OK’s LUMA Energy contract to manage PREPA’s T&D system
October 20, 2020
U.S. District Court Judge Laura Taylor Swain approved the contract between the Puerto Rico Electric Power Authority and LUMA Energy, determining it can be considered as an administrative expense for the power utility. The decision followed section 503 of the U.S. Bankruptcy Code, under which PREPA is covered. LUMA will charge PREPA some $60 million […]
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Bluetide invests $200K in ocean related technologies, specialized vessels
October 20, 2020
Bluetide Puerto Rico Inc., in charge of developing a whole-island approach to coastal resource management for disaster mitigation and resilience, workforce development and the Blue Economy in the Caribbean, has purchased two custom vessels to advance oceanographic and scientific research and technology development in the region, it announced. The investment of more than $200,000 was […]
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’20 Puerto del Rey Billfish tournament cancelled
October 20, 2020
The 2020 Puerto del Rey Billfish Tournament, planned for Oct. 22-24 at Puerto Del Rey Marina in Fajardo, has been cancelled due to the global COVID-19 pandemic and emergency, organizers said. “Unfortunately, the circumstances that we’re going through will not allow us to continue our traditional tournament for the entire Puerto del Rey family,” said […]
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Puerto Rico Demographic Registry launches online appointment service
October 20, 2020
The Puerto Rico Demographic Registry, an agency under the Puerto Rico Health Department, has launched an online service to enable people to request appointments and process necessary documents. By connecting to RegistroDemograficoCitas.com, users are able to see the services for which appointments are offered: Death certifications; marriage registrations; birth registration or marriage License. Once the service […]
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Puerto Rico Supreme Court defines ‘good faith’ in compulsory foreclosure mediation cases
October 19, 2020
Puerto Rico Legal Services (SLPR, in Spanish) celebrated the opinion issued by the Puerto Rico Supreme Court in a mortgage foreclosure case that conclusively defines the concept of “good faith” in compulsory mediation processes that are mandatory in these cases. “Undoubtedly, the decision in this case will be a game changer for everyone facing foreclosure […]
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USDA-NRCS awards $8.5M in conservation assistance to Caribbean farmers in ’20
October 19, 2020
The U.S. Department of Agriculture’s Natural Resources Conservation Service (NRCS) approved 364 new Environmental Quality Incentives Program (EQIP) contracts worth about $8.5 million in Fiscal 2020, the agency said. It worked in partnership with farmers, ranchers, and forest landowners in the Caribbean Area (Puerto Rico and the U.S. Virgin Islands), to develop conservation plans for […]
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Grupo Guayacán collects $82K in donations via virtual fundraiser
October 19, 2020
Small donations of $1, $10 and $50 added up to help Grupo Guayacán surpass its fundraising goal for the 2020 Guayacán Giving Day, which closed with $82,768 in donations, the nonprofit announced. The campaign is the organization’s most important effort geared at raising individual donations to support its entrepreneurial development and training programs, which are […]
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Foundation for Puerto Rico launches ‘For Good’ fundraising campaign
October 19, 2020
Responding to the back-to-back crises that have affected Puerto Rico since 2017 — Hurricane María, the January 2020 earthquake and the COVID-19 pandemic — Foundation for Puerto Rico has launched the “For Good” initiative to continue its philanthropic work throughout Puerto Rico. The nonprofit’s virtual fundraising campaign offers people three ways to help: “Raffle for […]
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Swiss firm NEWS expands footprint to Puerto Rico
October 19, 2020
In the midst of the crisis caused by the pandemic for Puerto Rico’s business and economic sectors, Switzerland-based NEWS (Navigating in Times of Change) is expanding its operations to Puerto Rico, it announced. The company that seeks to “impart a unique and specific methodology enable organizations and companies overcome challenges in uncertain times” is adding […]
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Discover Puerto Rico: 56.4% of consumers ‘ready to travel’
October 16, 2020
Discover Puerto Rico, Puerto Rico’s destination marketing organization, shared results of a recent market study that showed that 56.4% of consumers are “ready to travel,” with more than 40% expecting their next trip will take place before the end of the year. Citing the data gathered by its research partner Destination Analysts, Discover Puerto Rico […]
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Evertec awards 160+ scholarships to college students in PR, LatAm
October 16, 2020
Evertec Inc. announced the results of its 6th edition of its Scholarship Program, granting more than 160 scholarships to university students in Puerto Rico and throughout Latin America for an investment exceeding $185,000. The company also revealed that a year after developing an alliance with leaders in the technology ecosystem to encourage women concentrating in […]
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Puerto Rico Tourism Co. restarts campaign to encourage residents to explore the island
October 16, 2020
The Puerto Rico Tourism Co. relaunched its “Check Into Your Island” campaign to convey the message on the health and safety measures to be considered to do internal tourism and take advantage of offers currently available only for Puerto Rico residents. The goal is to retrigger the tourism sector’s economic activity after more than six […]
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Guayanilla exec. gets SBA ‘Woman Entrepreneur of the Year’ award
October 16, 2020
As part of National Small Business Administration (SBA) Week, Nydia Padilla, president of South Puerto Rico Towing & Boat Services Inc., nominated by FirstBank, received the “Woman Entrepreneur of the Year” Award for Puerto Rico and the U.S. Virgin Islands. In 2004, Padilla took over the reins of the company, leading a 60-person team in […]
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Oriental offers COVID-19 tests to employees in partnership with CorePlus
October 16, 2020
For the second straight year, financial institution Oriental is sponsoring its “Your Health on the Road” program, in which, together with its health providers, it offers preventive clinics to employees. This year, Oriental entered into a partnership with its client CorePlus Clinical and Pathological Services, a laboratory specialized in the management of COVID-19 tests, to […]
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Becton Dickinson pumps $23M into Juncos complex expansion
October 15, 2020
Medical technology manufacturer Becton, Dickinson and Company (BD) announced a new expansion to its complex in Juncos, through a $23 million shared investment with the Department of Economic Development and Commerce (DDEC). BD has been operating in Puerto Rico since 1957 and will expand its operations and infrastructure to increase production capacity, DDEC Secretary Manuel […]
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