pre18 in ‘final stretch’ of application period for 3rd cohort
June 25, 2020
The pre18 program, one of the entrepreneurship support initiatives of the Puerto Rico Science, Technology and Research Trust, announced its traditional Applicathon: individualized sessions to help businesses complete the pre18 application. The event will take place virtually on June 26-27 and July 3-4 from 9 a.m. to 3 p.m. Participants will have 30 minutes to […]
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Mall operators want to ‘return to normal’ on July 1
June 25, 2020
Three weeks after opening their doors following the COVID-19 lockdown, shopping centers say the industry is ready to resume regular operations starting July 1. In a statement, the Puerto Rico Shopping Centers Association said they want the governmentto allow them to go back to operating without limiting the customer traffic, open valet parking and the […]
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Pinky’s opens new store in Condado, more locations in pipeline
June 25, 2020
Pink’s restaurant has officially opened a new location on Ashford Ave. in the Condado sector of San Juan, at an investment of more than $150,000, company officials announced. This store joins another operating on Loíza Street and is one of several more locations planned in coming months, said Héctor Westerband, co-owner and operator of the […]
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CBP San Juan seizes $1.2M in fake designer pendants and jewelry
June 25, 2020
U.S. Customs and Border Protection (CBP) San Juan Field Operations announced the seizure of counterfeit designer pendants and jewelry imported into Puerto Rico from Hong Kong via air courier. The estimated manufacturer suggested retail price of all the counterfeit products seized is approximately $1.2 million, had the goods been genuine, the agency said. “Consumers […]
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Sam’s Club Puerto Rico unveils new delivery service with partner Pick My Stuff
June 25, 2020
Sam’s Club Puerto Rico this week launched a new delivery service to homes or businesses through an alliance with local company Pick My Stuff, expanding the options it offers its members to make their warehouse purchases. “Now our members don’t have to leave their homes or businesses to buy the products they need, since through […]
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iFullCircle marks 17-year milestone appointing Luis Otero as new GM
June 24, 2020
iFullCircle president and founder, Ada Torres-Toro announced the addition of social innovator Luis A. Otero as the firm’s general manager, as it marks its 17th anniversary. “The tools and methods that this industry, as a whole, uses to potentiate the real growth of clients are in need of an urgent update,” Torres-Toro said. “In the […]
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FEMA allocates $45M for 153 recovery projects in Puerto Rico
June 24, 2020
Several Puerto Rico towns will benefit from 131 permanent project allocations with funds approved by the Federal Emergency Management Agency and Puerto Rico’s Central Office for Recovery, Reconstruction and Resilience, or COR3. The allocations during the week of June 12-18 total more than $45 million in additional funding for 153 projects related to the recovery […]
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JetBlue launches Cash+Points redemption option to boost travel
June 24, 2020
JetBlue announced it is launching a Cash+Points redemption option for customers who are ready to book travel but do not have enough TrueBlue points to cover the full cost of their itinerary. Available when booking directly with JetBlue, TrueBlue members are now able to make up the difference by using a combination of cash and […]
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Ticketera integrates physical distancing in its event ticket sales platform
June 24, 2020
Event ticket sales platform, Ticketera, announced it has updated its service to comply with the physical distance regulations that will be required for the restart of mass events in Puerto Rico. In doing so, it becomes the first Puerto Rican company offering the technology that will place seats with the predetermined distance to address the […]
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FirstBank helps 11 nonprofits thru its ‘Corazones de Primera’ initiative
June 24, 2020
FirstBank announced the start of its “Corazones de Primera” initiative to support services provided by of 11 nonprofit organizations across the island, which have been able to continue operating and helping communities during the pandemic. Through the initiative, FirstBank will assist Asesores Financieros Comunitarios; Banco de Alimentos; Boys & Girls Clubs of Puerto Rico; American […]
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Bayer Puerto Rico, Sor Isolina Ferré Centers team up for donations
June 24, 2020
Bayer Puerto Rico joined the Sor Isolina Ferré Centers to support the nonprofit’s participation in the U.S. Department of Agriculture’s “Farmers to Families Food Box Program,” by donating 1,000 face masks and 1,861 over-the-counter medications. The items were distributed with the USDA food boxes in several communities in the town of Juana Díaz. The Food […]
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SBTDC calls on Puerto Rico’s small businesses to prepare for hurricane season
June 24, 2020
Aware that this hurricane season creates a new challenge for small businesses, which are also struggling with a global pandemic, the Puerto Rico Small Business and Technology Development Center is calling on small businesses to prepare their contingency plan for business continuity. Ricardo Martínez, executive director of the nonprofit based at the InterAmerican University of […]
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Energy regulator orders New Fortress Energy to explain lack of approval for San Juan LNG facility
June 23, 2020
Federal regulators have asked the operator of a scandal-plagued Puerto Rico energy project to explain why they didn’t seek permission to build and operate a liquid natural gas terminal (LNG) adjacent to the island’s first major power project since a 2017 hurricane devastated the island’s electrical grid. The Federal Energy Regulatory Commission (FERC) last week […]
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Puerto Rico Oversight Board certifies COFINA fiscal plan
June 23, 2020
The Financial Oversight and Management Board for Puerto Rico announced that it certified the government of Puerto Rico’s updated Fiscal Plan for the Puerto Rico Sales Tax Financing Corporation (known as COFINA, in Spanish). The 2020 Fiscal Plan for COFINA is “based on the macroeconomic projections outlined in the Certified Fiscal Plan for the Commonwealth […]
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SJ Marriott, St. Regis launch special offers for Puerto Rico residents
June 23, 2020
The San Juan Marriott Resort & Stellaris Casino recently received the Health & Safety Certification from the Puerto Rico Tourism Co. for its “high standards of disinfection and preparedness against COVID-19.” The certification is awarded to businesses that “effectively implement and execute the safety measures and protocols to avoid the spread and transmission of COVID-19,” […]
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