Crowley LNG P.R. offers seminar to first response officials about LNG as energy source
May 10, 2019
Puerto Rico’s energy system transitioning to one dependent solely on renewable sources — with much support on it being liquified natural gas (LNG) — has been topic of interest post-Hurricane María. As a response, Crowley LNG Puerto Rico recently held a seminar for emergency response officers to raise awareness about liquefied natural gas as a […]
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FirstMortgage offers seminar to members of Caguas Board of Realtors
May 10, 2019
FirstMortgage has recently joined the Caguas Board of Realtors to offer its members the “En ruta al conocimiento” (“Road to knowledge”) seminar, featuring an overview of the products and benefits of HUD properties, tips on how to avoid setbacks at the closings of these properties, and a discussion of new procedures in compliance with E-Sign. […]
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Romark Global Pharma opens $80M manufacturing plant in Manatí
May 9, 2019
Romark Global Pharma, a global biopharmaceutical dedicated to the discovery and development of new drugs to treat infectious diseases and cancer, officially opened its new $80 million manufacturing plant in Manatí. Flanked by Gov. Rosselló administration officials, Romark CEO Marc Ayers said, “with this expansion Romark will manufacture its products Alinia and NT-300, a new […]
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U.S. Dept. of Labor conducting wage survey of P.R., USVI construction projects
May 9, 2019
The U. S. Department of Labor’s Wage and Hour Division (WHD) is conducting a survey of all building, highway, residential, and heavy construction projects active in the U.S. Virgin Islands and Puerto Rico that occurred between July 1, 2017, and Dec. 31, 2018, it announced. The purpose to establish prevailing wage rates as required under […]
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FEMA OKs some $21M in additional post-María recovery grants to P.R.
May 9, 2019
The Federal Emergency Management Agency has awarded about $21 million in additional funds to Puerto Rico to cover costs related to Hurricane María, the agency announced. These awards bring the amount of funds obligated under FEMA’s Public Assistance program to $5.7 billion, it added. The latest grants approved are as follows: Nearly $17.8 million to […]
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Kitchen Gallery Bistro invests $200K to open 3rd location in Condado
May 9, 2019
Following a three-month, $200,000 investment, restaurant chain Kitchen Gallery Bistro, also known as KGB, has opened its third location the Condado area of San Juan. The eatery joins two others in the chain, located in Dorado and Caguas, which generate a combined 100 jobs, restaurant owners said Plans call for opening two new stores in […]
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Hunter College study reveals 44% drop in P.R.’s school-aged children
May 9, 2019
The Center for Puerto Rican Studies, at Hunter College of the City University of New York released a report confirming a steep decline in the enrollment of children of school age in schools in Puerto Rico. Enrollment between 2006 and 2018 declined 44 percent, from 544,138 students in 2006 to 306,652 students at the beginning […]
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Hera Printing Corp. acquires Oles Envelopes & Forms for undisclosed amount
May 8, 2019
Hera Printing Corp. announced the acquisition of Oles Envelopes & Forms, for an undisclosed amount. The combined company will be known as Hera Envelopes & Forms and will keep its facilities in Bayamón. Oles Envelopes & Forms has more than 40 years established in Puerto Rico and specializes in converting envelopes and continuous forms, becoming […]
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Alivia Health closes acquisition of several subsidiaries, consolidating its network
May 8, 2019
Puerto Rican company Alivia Health announced the completion of the acquisition processes of its subsidiaries Specialty Pharmacy, Compounding Pharmacy and Pharmaceutical Services, becoming the island’s largest local drugstore network, company executives said. The consolidated network now has a new brand image, said Alivia Health President Hari Sabnani. “Our passion and business vision is to put […]
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American Red Cross confirms 77 P.R. schools being outfitted with micro solar networks
May 8, 2019
As part of today’s celebration of “World Red Cross Day,” the organization announced that 77 schools throughout Puerto Rico that serve as emergency shelters are already being outfitted with micro solar networks that will provide energy when the power goes out. So far, of the 77 schools that are in process, 35 already have the […]
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Op-Ed: Small Business Week spotlights local entrepreneurs and small biz
May 8, 2019
During National Small Business Week, May 5-11, the U.S. Small Business Administration will shine a bright spotlight on our nation’s 30 million small businesses. Entrepreneurs will tell their individual stories of pursuing their dreams, embracing the American work ethic and achieving success. The process of entrepreneurship has never been easy; the SBA is privileged to […]
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Popular Auto Charity Golf Classic nets $371K for 30 nonprofits
May 8, 2019
Popular Auto recently celebrated the 20th anniversary of the Popular Auto Charity Golf Classic with a donation of $371,700 for 30 nonprofit organizations on the island. The event, which achieved a record number of players for a one-day tournament, was held at the Ocean Course and River Course, Wyndham Río Mar, and in the Coco […]
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Brands Of represents Caribbean in ‘World E-commerce Conference’ in Yiwu, China
May 8, 2019
Emerging e-commerce company Brands Of was invited for the second time last month to attend the “World E-commerce Conference” event organized by the government of Yiwu, China. The company held business meetings with organizations interested in importing Latin American products to the Chinese Asian market. In addition, Néstor Taveras, president of Brands Of, offered a […]
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P.R. gov’t releases financial statement for Fiscal ’16 showing $70.3B deficit
May 7, 2019
The government of Puerto Rico released its audited financial statement for Fiscal 2016, as required by the Fiscal Oversight and Management Board, revealing a deficit of $70.3 billion, primarily as a result of debt accrued by public servants’ retirement programs. The programs had a combined debt of $42 billion, at the time, which is the […]
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150+ travel industry professionals to visit P.R. to encourage sustainable tourism
May 7, 2019
The Tourism Cares organization will gather more than 150 travel industry professionals when it holds the “Tourism Cares for Puerto Rico” event next week. The three-day event has the support of the Puerto Rico Tourism Co., agency officials said. Under the “Travel with Purpose” slogan, members of the travel industry, community-based projects, government officials, agricultural […]
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