PRiMEX celebrates virtual graduations in areas of export, talent management
June 30, 2020
Puerto Rico Manufacturing Extension Inc. (PRiMEX), recently held two virtual graduations in which more than 20 local manufacturing companies participated in the Export and Smart Talent-Talent Management and Development Academies, during which they expanded their knowledge to take their products and services to other markets, as well as to optimize the search for local talent. […]
chat_bubble0 Comment
visibility2213 Views
Puerto Rico curfew extended until July 22, as some businesses allowed to reopen
June 29, 2020
Puerto Rico Gov. Wanda Vázquez issued Executive Order 2020-048, which extends the 10 p.m. to 5 a.m. curfew until July 22, as certain government agencies and businesses are allowed to reopen. The governor reiterated the mandatory use of face masks at all times while out in public, maintaining a minimum distance of six feet between […]
chat_bubble0 Comment
visibility1475 Views
CBP to begin reopening Trusted Traveler Programs enrollment centers July 6
June 29, 2020
U.S. Customs and Border Protection announced plans to reopen Trusted Traveler Programs enrollment centers in early July, including the office at the Luis Muñoz Marín International Airport. The reopening plans were developed in consultation with CBP health and safety experts to include measures that minimize the risk of exposing travelers and CBP personnel to the […]
chat_bubble0 Comment
visibility2055 Views
Nonprofits seek to develop 2 solar microgrid prototypes in remote communities
June 29, 2020
Looking to build two prototypes of solar microgrids that “strengthen and transform the energy system of remote and vulnerable communities,” nonprofit organizations PathStone Corp., The Solar Foundation and the University of Puerto Rico, Mayagüez Campus, will present on June 30 and July 2, at 2 p.m., a series of webinars on the program. Microgrids are […]
chat_bubble1 Comment
visibility2915 Views
Rincón, Co-op Rincón partner to invest $8.7M in social interest housing
June 29, 2020
An alliance between the municipality of Rincón and Co-op Rincón will facilitate the financing of the development of affordable housing in that western town, via an investment that exceeds $8.7 million. The development of the Vista al Río urbanization, which will have 105 housing units, will have three construction phases, the first of which is […]
chat_bubble0 Comment
visibility1952 Views
Ericsson to transform Liberty LatinAm mobile core network across region
June 29, 2020
Ericsson is partnering with Liberty Latin America Ltd. in an upgrade of its mobile core network and to accelerate path toward new technologies in the Caribbean and Latin America, the companies said. Liberty has chosen Ericsson as its sole mobile core network vendor in a major network modernization drive. The three-year deal will see Ericsson […]
chat_bubble0 Comment
visibility1501 Views
Puerto Rico private hospitals start getting $108M in emergency aid funding
June 26, 2020
Gov. Wanda Vázquez confirmed the distribution of $108.9 million to Puerto Rico’s private hospitals to support COVID-19 emergency-related expenses through the CARES Act Private Hospitals Assistance Program. “This multi-million-dollar distribution of funds, which began during the first week of June 2020, represents an important step forward in the response to the emergency caused by COVID-19,” […]
chat_bubble0 Comment
visibility2052 Views
Puerto Rico Treasury Dept. pays out $26M in tax return refunds
June 26, 2020
The Puerto Rico Treasury Department disbursed additional $26 million in income tax return refunds for the 2019 tax year, pushing the total number of payments to more than $400 million, agency Secretary Francisco Parés said. “This week we’re sending refunds of $26,247,554 to some 35,116 taxpayers. Our commitment is to continue disbursing all the aid […]
chat_bubble0 Comment
visibility2390 Views
Puerto Rico’s 18-and younger population drops 36% in past decade
June 26, 2020
During the decade spanning 2010 to 2019, Puerto Rico’s population under 18 years of age reflected a drop of 324,293 residents, representing 36% decrease. As of July 1, 2010, this population was 897,024, nine years later in 2019 it is estimated at 572,731, according to the U.S. the Census Bureau’s most recent annual population estimates […]
chat_bubble0 Comment
visibility3738 Views
83 youth entrepreneurs launch 25 businesses through SEEDS program
June 26, 2020
Friends of Puerto Rico, a nonprofit that supports the economic development through entrepreneurship education, will host, the graduation of the first cohort of the SEEDS youth entrepreneurship program on July 30, representatives announced. SEEDS is an afterschool program that is done in partnership with Instituto Nueva Escuela. Together, both organizations will graduate 83 youth entrepreneurs […]
chat_bubble0 Comment
visibility1667 Views
Hyatt Place, Hyatt House hotels to reopen July 1
June 26, 2020
The Hyatt Place San Juan, Bayamón and Manatí hotels, as well as the Hyatt House in San Juan, will start to receive guests on July 1, implementing security measures against the spread of COVID-19 and offers for Puerto Rico residents, said Francisco Mariani, manager of Hyatt in Puerto Rico. “The safety of our guests and […]
chat_bubble0 Comment
visibility2191 Views
$4.5M Genesis Mall Experience in Plaza Las Americas to open in July
June 26, 2020
Luxury vehicle brand Genesis, distributed locally by Sojitz of Puerto Rico, will open its “Genesis Mall Experience,” a $4.5 million dealership located in Plaza Las Américas at the end of July. With a total of 20,000 square feet, the space at the former Borders bookstore is divided into two main areas — sales and service. […]
chat_bubble0 Comment
visibility3845 Views
FEMA assigns $9.5M to Puerto Rico Dept. of Transportation to replace signs
June 25, 2020
The Federal Emergency Management Agency announced an obligation of more than $9.5 million to the Puerto Rico Department of Transportation and Public Works to replace signs on 238 roads covering approximately 496 miles in the Aguadilla, Arecibo and San Juan regions. Some 890,000 residents comprising much of the northern and western region of the island […]
chat_bubble1 Comment
visibility2633 Views
Raytheon Technologies commits $5M to food banks, including Puerto Rico
June 25, 2020
Raytheon Technologies has committed $5 million to Feeding America to support local food banks, including the Food Bank of Puerto Rico, to help provide essential food and items to citizens in need during the COVID-19 pandemic. The need for food assistance in Puerto Rico has increased by 46% as a result of the health crisis, […]
chat_bubble0 Comment
visibility2457 Views
Puerto Rico’s 1st Duck Donuts store opens in Bayamón
June 25, 2020
Pennsylvania-based Duck Donuts announced the opening of its first Puerto Rico franchise store located in Plaza Río Hondo in Bayamón. This store is the first of three Duck Donuts franchise locations planned for Puerto Rico, in partnership with local entrepreneurs Jorge Ramos, Juan Carlos Piñero, and Delmarie Ayala over the next three years. This media […]
chat_bubble0 Comment
visibility4088 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA