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 […]
Despite challenges posed by measures implemented to curb the spread of COVID-19, Puerto Rico’s new car sales reflected an 11.7% year-over-year growth in September, with 8,427 units sold vs. the 7,546 sold in the same year-ago month. The United Automobile Importers Group said, however, that sales from January to September are 20.7% below the same […]
L’Oréal Caribe and Gustazos announced a partnership to create an e-commerce platform, Gustazos Beauty, where for the first time, beauty enthusiasts in Puerto Rico have a one-stop shop access the beauty company’s brands, including cosmetics, skin care, hair care, hair color, and fragrance. “L’Oréal Caribe’s mission with Gustazos Beauty is to provide consumers a unique […]
Puerto Rican entrepreneur Paul González-Mangual, founder of gastronomic tourism agency FOODIEcations, has been selected among the finalists of this year’s 2nd edition of the World Tourism Organization UNWTO Gastronomy Tourism Startup competition. The event is co-sponsored by the Basque Culinary Center — an academic institution that aims at higher education, research, innovation, and promotion of […]
The Federal Emergency Management Agency recently obligated more than $238 million to the Puerto Rico Electric Power Authority (PREPA) for costs related to 28 peaking generator units that provide power to critical facilities until the Costa Sur units in Peñuelas are back in service. The units, which typically only run when there is high demand for […]
The U.S. Department of Energy’s Weatherization Assistance Program has opened an application round for Puerto Rico homeowners looking to qualify for lower energy bills by installing efficient equipment. The program is overseen locally by the Department of Economic Development and Commerce’s Energy Public Policy Program. “We urge citizens who meet the established requirements to request […]
Wireless carrier AT&T announced the availability of next-generation 5G technology across all of Puerto Rico, including Vieques and Culebra, as well as the U.S. Virgin Islands. AT&T began the deployment of the 5G network in June, starting with 58 municipalities, as this media outlet reported. The carrier also announced the availability of the new Apple […]
Oriental is announcing the launch of a unique new service for their commercial banking customers in Puerto Rico and the U.S. mainland – Fast Cash Multi Account. With this service, made possible through a partnership with Loomis, Oriental customers may make cash deposits from their premises to any Oriental Bank account without having to visit […]
Starting this week, food producers in the U.S. Virgin Islands and The Bahamas will have the opportunity to take free business workshops through World Central Kitchen’s Food Business Bootcamp, the nonprofit announced. The trainings will take place online once a week for food-related small businesses, such as farmers, fishers, and other food business. They are […]
The World Travel and Tourism Council (WTTC) granted its Safe Travels Stamp to the Puerto Rico Tourism Company (PRTC), making the island the first U.S. destination to be included in the international organization’s certification program. Tourism Co. Executive Director said the recognition “promotes the island’s image as an attractive, forward-thinking destination and, most importantly, as a place […]
Centro CRECE, a nonprofit organization that cultivates solutions to promote self-management and growth, announced the launching of the “Competitiveness Toolkit” for Puerto Rico. This analysis, developed in collaboration with the firm Inteligencia Económica evaluates Puerto Rico’s competitiveness in a global market and presents necessary reforms to improve the environment of doing business, fostering entrepreneurship, and […]
Nonprofit organization Ciencia Puerto Rico (CienciaPR) received a $230,000 grant from Science Sandbox, an initiative of the Simons Foundation, to create a collection of public engagement resources to help Puerto Ricans prevent COVID-19. The collection will include multimedia content (audio, videos, infographics), educational materials, and messages that are relevant to the Puerto Rican reality and culture, […]
Triple-S Advantage, Dynamics Payments, and Mastercard have joined forces to introduce an all-in-one card in Puerto Rico that combines the traditional health plan ID with a prepaid card. It also simplifies the payment of OTC (over-the-counter) medications, as well as goods and services, to meet the needs of the Medicare Advantage population, the health insurer […]
The Plaza Las Américas and Plaza Del Caribe shopping centers announced the opening of new stores and establishments ahead of the upcoming holiday shopping season. For Eyes, Casa Febus Navidad and Gef France opened their doors in Plaza Las Américas, while Plaza Del Caribe received new tenants For Eyes and PenFed Credit Union, who moved […]
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