Customs seizes $552K in fake designer cellphone covers, jewelry, luxury watches
October 5, 2020
U.S. Customs and Border Protection (CBP) San Juan Field Operations announced it seized various courier packages containing counterfeit designer cellphone cases, jewelry and luxury watches sent from Hong Kong. If genuine, the confiscated merchandise would have had an estimated manufacturer’s suggested retail price (MSRP) of $552,157, the agency said. CBP officers discovered the counterfeit goods […]
chat_bubble0 Comment
visibility2025 Views
MCS invests $60M to improve chronic conditions for 121K+ members in Puerto Rico
October 2, 2020
Medical Card System Inc. announced it has invested some $60 million through Oct. 1 to help improve the social determinants that affect the chronic conditions of more than 121,000 of its members. The investment includes $16 million for its “MCS Classicare Te Paga Card-The Original” initiative. The benefits of the card, which is approved by […]
chat_bubble0 Comment
visibility1517 Views
80% of Puerto Ricans looking for ‘staycations,’ Airbnb says
October 2, 2020
An analysis of the Airbnb travel platform showed that 80% of the searches that Puerto Rico residents carried out in August and September were to travel within the island. The trips will be domestic with the possibility of working from the accommodation and with a family profile, the travel platform said. Locations are chosen based […]
chat_bubble0 Comment
visibility1685 Views
Puerto Rico credit unions grow 9.5% from March to June
October 2, 2020
Puerto Rico’s credit union reported a 9.5% growth in assets between March and June, at the peak of the COVID-19 pandemic, drawing 10,000 new members and retaining some 3,000 employees, Eddie Alicea-Sáez, president of the Credit Union Executives Association confirmed. The association known as ASEC in Spanish stated that participating credit unions accrued an additional […]
chat_bubble0 Comment
visibility1177 Views
PRCCI, Northwell Health host COVID-19 symposium for healthcare professionals
October 2, 2020
The Puerto Rico Consortium for Clinical Investigation (PRCCI), a subsidiary of the Puerto Rico Science, Technology and Research Trust and Northwell Health/Center for Global Health held a virtual symposium in which 320 healthcare professionals discussed issues related to clinical research and the medical management of COVID-19. The “COVID 19: Current Concepts and Lessons Learned from the Northwell […]
chat_bubble0 Comment
visibility1346 Views
El Convento Hotel reopens in Old San Juan
October 2, 2020
The historic El Convento Hotel has reopened for business in Old San Juan, unveiling offers and a “variety of gastronomic experiences,” while complying with the strictest safety and protection protocols, the property’s General Manager, Alfredo Arroyo, said. The El Convento Hotel is affiliated with Small Luxury Hotel, it is the oldest member of Historic Hotels […]
chat_bubble0 Comment
visibility1887 Views
Puerto Rico joins #GivingTuesday initiative to support nonprofits
October 2, 2020
After helping collect more than $500,000 to benefit more than 80 nonprofit organizations on the island in 2019, Puerto Rico will join, for the fourth consecutive year, the #GivingTuesday global movement on Dec. 1 under the slogan: “Unprecedented times require unprecedented generosity.” #GivingTuesday is a global initiative that seeks to multiply generosity and solidarity as […]
chat_bubble0 Comment
visibility1445 Views
PREPA spent $192M on unused lands, unfinished projects, Comptroller’s audit says
October 1, 2020
The Puerto Rico Electric Power Authority spent $192 million to buy land or to develop projects that were not built or completed, according to an audit by the Puerto Rico Office of the Comptroller. The report reveals that PREPA spent $62.2 million in the cancellation of the Gasoducto del Sur natural gas pipeline project, disbursed […]
chat_bubble0 Comment
visibility1650 Views
OBoard flags $80M in payments from Education Dept. to ex-staffers
October 1, 2020
The Financial Oversight and Management Board for Puerto Rico announced that the Puerto Rico Education Department made at least $80 million in payments over 13 years to employees who had resigned, are retired, are deceased, on vacation, or otherwise not working because the agency “lacks an automated system that ensures only employees who are working […]
chat_bubble0 Comment
visibility1317 Views
Puerto Rico trade groups urge U.S. Congress to pass updated Heroes Act
October 1, 2020
The Coalition for Food Insecurity Puerto Rico, the Puerto Rico Retailers Association (ACDET, in Spanish), and the Chamber of Marketing, Industry and Food Distribution (MIDA, in Spanish) applauded U.S. House Speaker Nancy Pelosi and the House Democratic caucus on including key nutrition provisions addressing food insecurity in Puerto Rico in the newly updated HEROES ACT. […]
chat_bubble0 Comment
visibility2003 Views
FEMA assigns $9.5M to repair Roberto Clemente Municipal Sports Complex
October 1, 2020
The Roberto Clemente Municipal Sports Complex in Carolina will be rebuilt with help of an obligation of nearly $9.5 million from the Federal Emergency Management Agency. The facility consists of several structures built between 1988 and 2009. These include a playground for children with access and functional needs, the Guillermo Angulo Coliseum and a Sports Hall of […]
chat_bubble0 Comment
visibility2443 Views
Businessman Bravo keynote speaker at public relations execs annual convention
October 1, 2020
The Puerto Rico Public Relations Association announced that its 33rd annual convention under the theme “#REBOOT2020: Communications Perspectives in the Face of a New Model,” will feature Puerto Rican businessman Orlando Bravo as keynote speaker to deliver the event’s closing lecture on Oct. 17th at 12:30 p.m. via the ZOOM platform. Born in Mayagüez, Bravo, […]
chat_bubble1 Comment
visibility1450 Views
Espacios Abiertos unveils virtual lab to empower communities
October 1, 2020
As part of its mission to develop civic capacities, Puerto Rico-based nonprofit Espacios Abiertos created the Community Laboratory, an empowerment and leadership project aimed at helping communities strengthen their recovery and sustainability skills, through a virtual platform. Project Coordinator, Carla J. Alonso, said the online site gathers tools to support the communities developed since the […]
chat_bubble0 Comment
visibility1166 Views
Alliance seeks to elevate quality of Puerto Rico’s public administration
September 30, 2020
A group of business, professional, academic and nonprofits have come together under the “Talento Pro” citizen initiative, which seeks to clean up and elevate the selection and recruitment process of officials to occupy positions in the island’s main government agencies. The group called on the gubernatorial candidates for the upcoming November elections to discuss the […]
chat_bubble1 Comment
visibility1763 Views
Puerto Rico gets $3.2M reimbursement from U.S. Dept. of Transportation
September 30, 2020
The U.S. Department of Transportation announced it will reimburse Puerto Rico some $3.2 million under the Emergency Relief for Road and Bridge Repairs program. The money was used to repair roads and bridges damaged by by storms, floods, and other unexpected events. In Puerto Rico’s case, the federal agency allocated three funding assignments: $2.2 million […]
chat_bubble0 Comment
visibility1579 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA