Town of Naranjito to receive $300K EPA Brownfields Assessment Grant
June 6, 2019
The U.S. Environmental Protection Agency selected 149 communities across the country including the Municipality of Naranjito to receive funding for brownfield site revitalization to help local governments redevelop vacant and unused properties, transforming communities and local economies. The mountain town will receive a $300,000 Brownfields Assessment Grant to assess sites for hazardous substances and petroleum […]
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Gasoline retailers to take battle against Costco gas station to P.R. Supreme Court
June 6, 2019
The years-long battle the local Gasoline Retailers Association has waged against the permit process allowing Costco Wholesale to build a station in Carolina took a new turn Wednesday, when the trade group said it will scale its complaint to the Puerto Rico Supreme Court. Costco first applied for a permit to build a gas station […]
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Op-Ed: Hurricane season is here. Are you ready?
June 6, 2019
The 2019 Atlantic hurricane season began June 1. With natural disasters and extreme weather on the rise, it’s critical to be prepared and ready to respond. That’s why Eli Lilly and Company and two disaster relief organizations — Healthcare Ready and Direct Relief — are working to help people prepare for disasters and ensure medicines […]
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SBA launches 5th annual ‘Growth Accelerator Fund’ competition
June 6, 2019
The U.S. Small Business Administration announced the fifth round of its “Growth Accelerator Fund” competition to recognize the nation’s most innovative accelerators, including incubators, co-working startup communities, or other similar models, to compete for cash prizes of $50,000 each for a total of $3 million. “Accelerators provide invaluable resources to small business startups, such as […]
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FirstBank giving away 2K fruit and native trees in islandwide campaign
June 6, 2019
Continuing with its commitment to reforest Puerto Rico, FirstBank and its program “Uno con el Ambiente” returns with its reforestation tour, “Crece Verde.” In this new edition, 2,000 fruit and native tress will be distributed in 10 branches throughout the island, the financial institution announced. Alexis Molinares, renowned ecologist and project consultant will provide guidance […]
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Guardian Insurance named ‘Caribbean Insurer of the Year’ 2019
June 6, 2019
Guardian Insurance Co. has nabbed the “Caribbean Insurer of the Year” award from Global insurance and reinsurance industry magazine, “Reactions,” which announced the winners of its 2019 Reactions Magazine Awards late last month in Miami. The local company was recognized by a panel composed of tier-one reinsurers, brokers and other market insiders, among hundreds of […]
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Ford recycles 1.2B plastic bottles a year for vehicle parts
June 6, 2019
When you recycle plastic bottles, do you ever stop and think about where that plastic ends up? One answer: Ford vehicles. Ford Motor Company is helping to promote environmentally friendly auto parts, and one way they’re doing that is by using recycled plastic bottles for underbody shields on all cars and SUVs, and wheel liners […]
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$120M Hyatt Regency Coco Beach Resort to open in the fall
June 5, 2019
The former Gran Meliá Puerto Rico Hotel has been acquired by a trio of companies that will reopen in the fall as the Hyatt Regency Coco Beach Resort, government and company officials announced. The hotel will operate as The Resort at Coco Beach, a Hyatt affiliated hotel, from July 2019 until the renovation is completed […]
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PREPA pushes back against court-agreed document turnover, defendants say
June 5, 2019
The Puerto Rico Electric Power Authority attempted to go back on the agreement it had reached with nonprofit organization CAMBIO and the Institute for Energy Economics and Financial Analysis (IEEFA) to deliver public documents related to utility’s, as well as electrical system data, by June 7, the nonprofits said. Six days after making this commitment, […]
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Op-Ed: An inclusive census
June 5, 2019
The Constitutions of the United States and Puerto Rico require a decennial census that serves to update the geographical design of the electoral districts that make up the legislative bodies, the so-called electoral apportionment or redistribution. This process aims to make each district represent a similar number of people, to avoid concentrating political power in […]
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Berklee in P.R. awards $1.52M in financial aid in its 25th edition
June 5, 2019
The Berklee in Puerto Rico educational program concluded its 25th edition with its graduation concert and ceremony, held at the Plaza at Popular Center in Hato Rey. This year, 23 program students were admitted and received a total of $1.52 million in financial aid, the nonprofit said. “This year’s edition was the largest in the […]
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ICSE promotes discussion of reconstruction of P.R.’s energy grid at annual meeting
June 5, 2019
The Puerto Rico Institute for a Competitive and Sustainable Economy (ICSE) participated for a third time in the Annual Meeting of the Center for Research and Regulated Industry (CRRI) of Rutgers University, held May 30-31. The CRRI was founded in 1977 at Rutgers University. It aims to further the study of regulation by researchers in […]
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CNE among ‘Top Think Tanks’ in the world for 6th consecutive year
June 5, 2019
For the sixth year in a row, Puerto Rico’s Center for a New Economy (CNE) has been included in the most recent edition of the 2018 Global Go To Think Tank Index Report published by the Think Tanks and Civil Societies Program (TTCSP) at the University of Pennsylvania’s Lauder Institute. CNE was recognized in the […]
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Gov’t, NYU School of Professional Studies announce collaboration
June 4, 2019
The government of Puerto Rico and the NYU School of Professional Studies will collaborate to train a group of students on the hospitality industry, Gov. Ricardo Rosselló announced during the 41st New York University International Hospitality Industry Investment Conference. NYU will receive a group of students in Puerto Rico for a two-week campus project, he said, […]
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Op-Ed: The giant of real estate is awakened in the Convention District
June 4, 2019
The Convention District is … a dynamic real estate development strategy aimed at, and specialized in, groups and conventions. Just six miles from the international airport and surrounded by the captivating magic of Old San Juan, Condado and Miramar, its location is perfect and makes of this compound, a jewel of real estate with exponential […]
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