FEMA assigns $3.7M+ in additional grants to Coamo, Salinas
November 19, 2019
The Federal Emergency Management Agency has awarded more than $3.7 million in additional funds to the towns of Coamo and Salinas to cover costs related to Hurricane María. These awards bring the amount of funds obligated under FEMA’s Public Assistance program to nearly $6 billion, the agency said. The latest grants are as follows: $1.6 […]
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FirstBank’s ‘One with the Environment’ donates native trees to Ana G. Méndez University
November 19, 2019
With the purpose of reforesting green areas destroyed by Hurricane María and contribute to raising students’ environmental awareness, FirstBank, through its “One with the Environment program” recently donated bay-rum and guaiacwood trees to the Ana G. Méndez University’s Cupey campus. “FirstBank continues to support initiatives that return oxygen to our island through the trees that […]
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DDB Latina named Ibero-America’s most creative network of ’19
November 19, 2019
DDB Latina, which unites DDB Worldwide’s Latin markets across the world (U.S. multicultural, Latin America, and Spain) has been named “Network of the Year 2019” at El Ojo Festival. Thirteen offices won a total of 165 medals including, five Grand Prixs, 43 golds, 53 silvers, 64 bronze. Africa took home two Grand Prix, one in […]
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85% of MCS Classicare affiliates have qualified for new special supplemental benefits
November 18, 2019
Medical Card System Inc. confirmed that more than 85% of its existing Classicare Members have qualified for one or more special supplemental benefits available under their Medicare Advantage coverage for 2020 and have received letters notifying them of their eligibility. MCS is the only Medicare Advantage plan in Puerto Rico to receive approval from the […]
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USDA grants $13M to Dorado, Mayagüez for critical rural projects
November 15, 2019
The U.S. Department of Agriculture announced the approval of $13 million in loans to the towns of Dorado and Mayagüez, to improve critical community facilities. The town of Dorado will receive a little more than $3 million to rehabilitate deteriorated roads, sidewalks, curbs, gutters and drainage in rural sectors. Areas slated for repair include Higuillar, […]
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FCC issues $34K in fines against 2 local co.’s for interfering with doppler radar
November 15, 2019
The Federal Communications Commission issued two separate fines totaling some $34,000 against two local companies — WinPR Inc. and Caribbean Network Solutions Inc. — for operating systems that cause interference to the doppler weather radar in San Juan. In the notice informing WinPR’s $25,000 penalty, the FCC said it was for “willfully operating two Unlicensed […]
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P.R. Vocational Rehab Admin. invests $6M in case management technology
November 15, 2019
The Puerto Rico Vocational Rehabilitation Administration has made a nearly $6 million technology investment to comply with federal regulations and streamline processes, through a platform known as entellitrak, powered by Virginia-based Micropact. The platform will comply with the requirements of the federal Workforce Innovation and Opportunity Act and will streamline the handling of data and […]
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Op-Ed: Electricity consumers face minimum of $530M in fees to outside advisors
November 15, 2019
The debt restructuring agreement reached between the Puerto Rico Electric Power Authority (PREPA) and its creditors, which is currently pending before a bankruptcy judge, will force utility customers to pay “largely unspecified, apparently unlimited, and wholly unchecked professional fees and expenses.” That is the finding of an independent fee examiner hired by the bankruptcy court […]
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Sacred Heart University launches call for creative industries in Santurce
November 15, 2019
Sacred Heart University, through its “Nuestro Barrio: Distrito Cultural de Santurce” program, has launched the second call of La CEPA, a training and business development program for creative industries in Santurce, Javier De Jesús, director of the school’s Collaborative Innovation Center, announced. “We’re looking for companies that demonstrate commitment to Santurce, who want to launch […]
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Boehringer Ingelheim invests some $50M to expand plant in Barceloneta
November 14, 2019
Boehringer Ingelheim, a global provider of animal health products for pets and livestock, announced a nearly $50 million expansion of its manufacturing site in Barceloneta. The investment will create up to 105 full-time jobs in three to five years, bringing full-time employment at the site as high as 322. Everett Hoekstra, president of Boehringer Ingelheim […]
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X-Square Capital launches 1st mutual fund in P.R. registered with SEC
November 14, 2019
X-Square Capital announced the launch of its latest investment instrument, X-Square Balanced Fund, the first mutual fund in Puerto Rico registered with the Securities and Exchange Commission. The main objective of the X-Square Balanced Fund is to provide investors from Puerto Rico a long-term balanced investment alternative that seeks conservation of capital, current income and […]
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U.S. Census Bureau urges need for P.R. residents ‘to be accurately counted’
November 14, 2019
In preparation for the 2020 Census, the U.S. Census Bureau met key media outlets in Puerto Rico to emphasize the need for all people in Puerto Rico to be accurately counted and to discuss the Bureau’s public outreach efforts on the island. The officials spoke at the Puerto Rico Science, Technology and Research Trust, alongside […]
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Puerto Rico Live to host discussions by global influential leaders
November 14, 2019
Puerto Rico will soon host some of the most influential names in policy making, media, business, arts and technology as part of an effort to enhance the connection between Puerto Rico and the world. Puerto Rico Live is a new platform that will present these important moderated, on-stage discussions aimed to inform and entertain our […]
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Op-Ed: Understanding in-bond shipments to Puerto Rico
November 14, 2019
You started a small business selling auto parts based on your contacts and years in that industry. You were able to buy a container of automobile brakes from a manufacturer in that you know in Vietnam. As part of your due diligence, you found an international shipping company that can bring the container up to […]
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Silver Airways, Delta Air Lines announce codeshare partnership
November 14, 2019
Silver Airways and Delta Air Lines have expanded their commercial relationship by introducing a codeshare partnership, providing customers of both airlines connections between the carriers’ networks and enabling passengers to fly segments operated by both airlines under a single ticket. The codeshare offers customers of both airlines the ease and convenience of booking a single […]
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