Pact calls for restoration of telecom services 1-6 days after an emergency
June 11, 2019
The Puerto Rico Telecommunications Bureau and the Puerto Rico Electric Power Authority signed an agreement through which they will work with service providers to expedite the restoration of services in the wake of an emergency. The agreement establishes a mechanism that assigns priority levels to energizing critical telecommunications facilities divided into three timeframes — between […]
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Oriental grants $2.8M loan to Evinmotors
June 11, 2019
In keeping with its commitment to small businesses, Oriental granted a loan of some $2.8 million to Evinmotors, for the purchase of a commercial property that will become its new headquarters. The loan was granted under the Small Business Administration’s 504 program, jointly with the Marketing Small Business Finance Corp. Evinmotors is a company dedicated […]
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Ascend Hospice enters P.R. market through acquisition of Grace Hospice
June 11, 2019
Ascend Hospice, a hospice and palliative care provider with offices in seven states, is extending its services into and across Puerto Rico with the acquisition of Grace Hospice, based in San Juan. The financial terms of the agreement were not disclosed. “Ascend Hospice is dedicated to providing innovative, quality hospice and palliative care to the […]
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Lin-Manuel Miranda invites tourists to visit P.R in 8-episode video series
June 11, 2019
Actor, songwriter and lyricist Lin-Manuel Miranda, the Puerto Rico Tourism Co. and Discover Puerto Rico, released the complete series of short videos for the Internet entitled “Discover Puerto Rico with Lin-Manuel,” in which he invites people to visit the island. The eight-episode series focuses on Puerto Rico as a world-class artistic, cultural and gastronomic destination, […]
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The hidden reason for lack of insurance payments after Hurricane María
June 10, 2019
By Miguel Díaz-RománCenter for Investigative Journalism The ongoing nightmare of thousands of policyholders whose claims after Hurricane María have not been paid, or whose payment was not enough to cover the losses, could have been avoided if the island’s Catastrophic Reserve had not been reduced by amendments promoted by insurance companies with the consent of […]
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Access to data, security vital to remote workforce
June 10, 2019
From emails, videoconference calls to immediate access to data, remote work through multiple devices and mobile applications is part of the daily routine of today’s workforce. According to a recent report, the global mobile workforce will increase to 1.87 trillion people by 2022, which represents 42.5% of the global workforce. While the virtual digital office […]
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Fortiflex transfers production line to ALPLA plant in Guayama
June 10, 2019
Fortiflex Inc. announced it will move its entire production line to ALPLA Caribe’s plant in Guayama, after a strategic alliance reached after Hurricane María struck will now lead to a 10-year agreement, company officials said. Fortiflex Inc. was founded in 1976 and is known in the Caribbean and in Central America for a product portfolio […]
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Connect 2021 conference to gather 3,500 attendees in P.R.
June 10, 2019
Connect 2021 will be held in Puerto Rico, bringing together more than 3,500 planners, suppliers and other industry leaders for three days of networking, face-to-face meetings, education, receptions and more. Also, it is expected to generate approximately 10,000 room nights on the island, organizers said. “We’re thrilled to host Connect 2021 and have the opportunity […]
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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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