The Mark E. Curry Family Foundation (MECFF) recently donated $105,000 to First Response Emergency Medical Services Inc. (FREMS) to support its efforts of providing rescue and first response services in the San Juan metropolitan area and neighboring towns in Puerto Rico. Since 1991, FREMS and its licensed volunteers have offered lifesaving services when medical emergencies occur in the […]
It is the public understanding that the Financial Oversight and Management Board for Puerto Rico (FOMB) is “tasked with working with the people and government of Puerto Rico to create the necessary foundation for economic growth and to restore opportunity to the people of Puerto Rico.” Furthermore, its express statutory mandate includes that “at any time submit […]
Newland Associates, a company that helps organizations adapt to changing business environments, unveiled the PowerMyCareer Online Solutions, a virtual outplacement service designed to help employees quickly find their next career opportunity in Puerto Rico. The program, available in Spanish, English, and French, provides career transition support to employees who are displaced by lay-offs, furloughs, or […]
Nonprofit organization Direct Relief has awarded $1.3 million in grants to five community health centers in Puerto Rico, also known as Federally Qualified Health Centers (FQHC) for the purchase of medical mobile units and off-road vehicles. With this funding, Direct Relief will have now equipped all 22 FQHC corporations and their 85 clinics throughout the […]
Puerto Rico’s new car sales totaled 8,695 units in August 2020, up 5.6% from the 8,236 vehicles sold during the same month last year, the United Automobile Importers Group confirmed. However, so far this year the industry maintains a cumulative sales drop of 24.3%, trade group officials said. The segments that showed slight increases in […]
Liberty Puerto Rico announced official the launch of its new video product, Hub TV, following several months of testing the next-generation service. Developed through a partnership between Liberty Latin America (LLA) and TiVo, the internet protocol television console uses the full cloud-based TiVo platform to give customers a hyper-personalized multimedia entertainment experience. This service is […]
Ponce Health Sciences University (PHSU) will soon break ground on a new academic building. With an investment of $72 million, this project will generate 485 direct and 1,090 indirect jobs in Puerto Rico. The new development is part of a larger-scale campus expansion that includes a parking garage and student housing and other projects; an […]
The Gurabo Campus of the Ana G. Méndez University received a grant of nearly $5 million from the U.S. Department of Energy’s National Nuclear Safety Administration to develop the “Consortium of Hybrid Resilient Energy Systems” project. The CHRES initiative is one of several consortiums of universities and national laboratories sponsored by the federal agency’s Minority […]
Visitor hours are now open, at least virtually, at Casa Bacardí Puerto Rico as the home of the iconic rum launches virtual mixology and team-building experiences. As one of the most popular destinations on the island, Casa Bacardí usually welcomes 200,000 guests each year but doors remain closed due to COVID-19. Recognizing that people are […]
Florida-based CR Insurance, an agency specialized in all health insurance plans, including programs such as Medicare Advantage Plan and Affordable Care Ac. E., has opened a branch in Puerto Rico, where it is recruiting employees. CR Insurance Group LLC, is dedicated, among other things, to serving and educating Medicare eligible and uninsured populations to understand […]
The Mennonite Health System unveiled plans to implement energy and oxygen production cogeneration systems (CoGen) in the Caguas Mennonite Hospital. These projects are part of the institution’s long-term plan to outfit its six hospitals with the same technologies, for which it will invest $36 million. The cogeneration system produces 1,748 kilowatts of electricity. The new […]
Fresenius Kabi Puerto Rico, a company focused on transfusion technology, blood collection and processing products, as well as cell therapy, announced plans to expand its manufacturing complex in San Germán, at a cost of $30 million. The expansion entails modernizing and automating the plant to increase its capacity and competitiveness, as well as establishing a […]
Puerto Rico Manufacturing Extension Inc. (PRiMEX), announced new programs that seek to support small and medium-sized manufacturing companies on the island in response to the recent earthquakes in the south west zone, the COVID 19 pandemic, as well as rural areas in the south central area of the island, with special attention to the agro-industrial […]
The Kinesis Foundation is reaffirming its commitment to students with academic excellence and financial needs, under the “Believe in tomorrow, Believe in me” campaign to promote fundraising through recurring contributions. The Kinesis Foundation is dedicated to providing the necessary resources for Puerto Rican students to achieve a highly competitive education. Since its inception, it has […]
The Cooperative Development and Investment Fund (FIDECOOP, in Spanish) announced the availability of $40.5 million in funds for the strategic financing of companies organized under the cooperative model, the entity confirmed. This fund is the product of the contributions by credit unions and a co-investment agreement with the government established since 2002. FIDECOOP also provides […]
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