Puerto Rico Manufacturing Extension Inc. graduated the first 12 local companies to complete the 1st Primex Export Academy, the organization announced. In addition, a panel of judges chose a group of the companies to participate in a trade mission sponsored by the organization. The companies that graduated and now have an export plan are; Environmental […]
A recent study on catastrophes published by Aon revealed that 2017 was the second costliest year on record for insured and uninsured losses, and will most likely become the record year for insured losses with further loss development from Hurricanes Harvey, Irma and María. In terms of economic losses due to weather-related disasters alone, 2017 […]
Ciencia Puerto Rico and the Puerto Rico Vector Control Unit (PRVCU) have teamed up to train scientists and teachers in the design of project-based learning lessons, the nonprofits announced. The collaboration is part of the second year of the “Ciencia al Servicio” program, CienciaPR’s flagship education project. “Ciencia al Servicio” brings together teachers and science, […]
The U.S. Small Business Administration announced that nonprofit organizations, state and local agencies, and institutions of higher learning are eligible to compete for funding of up to $150,000 to deliver entrepreneurship training to service-disabled veterans. Up to six awardees will use the $300,000 in total funding to participate in the Service-Disabled Veteran Entrepreneurship Training Program […]
Puerto Rico Agriculture Secretary Carlos Flores announced the availability of applications to obtain licenses for hemp research pilot projects through its website. “We’re in the execution and compliance period for several initiatives that have been routed from the start of the administration,” Flores said. “That said, we’re starting the process of research in science and […]
The Ana G. Méndez University in Carolina will launch a Global Business Master’s degree program in August to fill the need from companies to recruit staff able to understand the external factors that occur in different industries. Global businesses require a human resource capable of understanding the management of foreign investment and market structure that […]
A Key Biscayne, Florida, resident and the former CEO of a now-bankrupt multinational pharmaceutical company was sentenced to 30 years in prison followed by five years of supervised release yesterday for his role in a $100 million scheme to defraud Westernbank of Puerto Rico. The losses triggered a series of events leading to Westernbank’s insolvency […]
The Financial Oversight and Management Board for Puerto Rico has filed a lawsuit against the Gov. Ricardo Rosselló, and the Puerto Rico Fiscal Agency and Financial Advisory Authority in the U.S. District Court for Puerto Rico to prevent the government from enforcing Law 29 and to compel it to comply with the Puerto Rico Oversight, […]
With the commitment to inject agility to, and become a meeting point for businesses, the United Retailers Association announced its annual convention to be held July 19-21 at the Wyndham Grand Rio Mar hotel. The CUD, as the trade group is known for its initials in Spanish, will take the opportunity to reveal the results […]
The College of Engineers and Surveyors of Puerto Rico (CIAPR, for its initials in Spanish) and the InterAmerican University of Puerto Rico have reached a collaboration agreement to reinforce the professional skills of engineering program graduates and promote revalidation exams. “During our presidency we have focused on promoting the importance of the revalidation of engineering […]
The Federal Emergency Management Agency announced it has awarded approximately $12.6 million in additional funds to Puerto Rico to cover costs related to Hurricane María. These awards bring the amount of funds obligated under FEMA’s Public Assistance program to $5.8 billion and $28.2 million under the agency’s Hazard Mitigation Grant Program, the agency said. The […]
Gov. Ricardo Rosselló has signed Executive Order 2019-031 to create a Lobbyist Registry in which participants must register and disclose any lobbying efforts at a Puerto Rico government agency. Likewise, the executive order also establishes the creation of a so-called Transparency Code for all executive branch cabinet members. “In the past, the practice by some […]
The Puerto Rico Agriculture Department has allocated $1 million to create an incentive program that would help mitigate the effects the drought has had on livestock in 17 municipalities of the island. Agriculture Secretary Carlos Flores-Ortega signed an order authorizing the Agricultural Enterprises Development Administration (ADEA, for its initials in Spanish,) to create a mitigation […]
Buying a home is the goal of many Puerto Rican families who, in some cases, do not have the financial resources to do so. To make it possible for more families to buy their first primary residence, FirstMortgage announces that, starting this month and until the funds run out, individuals will be able to apply […]
The concept of the intelligent classroom that combines new teaching methods with advanced technologies, continues to revolutionize education with applications accessible to educational institutions in Puerto Rico, according to representatives from RICOH during a workshop offered in conjunction with the Chamber of Commerce of the South (CCSPR.) During the event, RICOH highlighted the role of […]
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