FirstBank grants $6.5M in financing to Air-Con Inc.
March 19, 2019
FirstBank recently granted $6.5 million in financing to Air-Con Inc., a distributor of air conditioners and commercial refrigeration, for working capital guaranteed by its inventory and accounts receivables. Air-Con Inc., which has offices in Puerto Rico and the Caribbean, pioneered in introducing energy saving inverter products to Puerto Rico. It also developed its own Air-Con […]
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P.R. to be featured in ‘United Stories’ initiative to promote tourism assets globally
March 19, 2019
As part of an initiative to highlight and support tourism, Discover Puerto Rico, Beautiful Destinations — a global tourism company — and Brand USA, the destination marketing organization for the United States included the island in its new campaign titled “United Stories.” This campaign will encompass an array of experiences that elevate, inspire and spur […]
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Op-Ed: SBA celebrates Women’s History Month by promoting female entrepreneurship
March 19, 2019
In celebration of Women’s History Month, the Small Business Administration salutes women entrepreneurs who have taken risks in pursuit of their passions and who view setbacks or challenges as just another step to achieve something greater. Our agency and regional office, as well as our district offices throughout New York, New Jersey, Puerto Rico and […]
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Bacardí Corp. in Cataño recognized for ‘Bat Conservation Awareness’ project
March 19, 2019
Bats are more than just an icon on a label for Bacardí. The company, synonymous with the world’s only flying mammal, stepped up its environmental stewardship efforts at the world’s largest premium rum distillery in Cataño to create a full-circle bat conservation campaign in 2018. The initiative was applauded during the annual WHC Conservation Conference […]
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UPR’s Dr. Federico Trilla Hospital running 5 parallel scientific projects
March 19, 2019
The Office of Clinical Research and Community Health of the University of Puerto Rico’s Dr. Federico Trilla Hospital in Carolina, is simultaneously running five scientific research projects, said Dr. Enid J. García Rivera, director of the UPR Medical Sciences Campus’ Dotal Center for Health Services Research (known as CDISS in Spanish.) “Our scientific activity needs […]
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Caribe Hilton to debut new $150M look when it reopens in May
March 18, 2019
The Caribe Hilton has begun taking reservations for stays beginning May 15th, when it will unveil a more than $150 million restoration — a major milestone as the property celebrates its 70th year of operation and as Hilton marks its 100th anniversary. The iconic beachfront property has been closed since Hurricane María struck Puerto Rico […]
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P.R. gov’t’s low post-María death toll pushed Harvard to continue study
March 18, 2019
By Jeniffer Wiscovitch-Padilla, Center for Investigative Journalism Four days before the results of the “Mortality in Puerto Rico” study were published after Hurricane María, Harvard University reported the findings to the government of Puerto Rico, but was not acknowledged. It was not until “The New York Times” contacted the government to talk about the results […]
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World Central Kitchen opens new round of Plow to Plate grants program in P.R.
March 18, 2019
World Central Kitchen has announced the opening of a new call to apply for financial grants and technical assistance from the organization’s Plow to Plate support platform launched in 2018. The application and submission cycle to request funds and technical training begins March 15 and closes April 15, 2019, the nonprofit said. The program will […]
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MCS Foundation co-sponsors solar system for battered children’s home
March 18, 2019
Children living at El Centro San Agustín del Coquí in Aguas Buenas will now benefit from a new solar energy system sponsored by the MCS Foundation and Empowered by Light of California to ensure the continuity of services, the nonprofits announced. The children residing at the home are victims of abuse and mistreatment and are […]
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Puerto del Rey to host Caribbean International Boat Show
March 18, 2019
For the eighth consecutive year, Marina Puerto del Rey will host the biggest boat show in the Caribbean, the Caribbean International Boat Show. The event, which will be held on March 22-24 at the marina in Fajardo, will feature more than 100 exhibitors. Attendees will be able to find new boats, yachts and nautical products, […]
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Oriental donates $60K to CAP Foundation
March 18, 2019
As part of its commitment to the community, Oriental made a donation of $60,590.65 to the CAP Foundation, during the “Uniendo Cabezas” event, a shave-a-thon in solidarity with pediatric cancer in Puerto Rico. “Following a survey we conducted among our 1,500 employees as part of our ‘Manos Oriental’ volunteer program, we decided to join the […]
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SBA announces National Small Business Week May 5-11
March 18, 2019
The head of the U.S. Small Business Administration Linda McMahon announced that this year’s National Small Business Week will be held from May 5-11, 2019. McMahon will start the week in Washington, D.C., where she will recognize and award outstanding small business owners and SBA Resource Partners from around the nation. She will continue the […]
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GAO report confirms FEMA’s slow response to P.R.’s recovery funding needs
March 15, 2019
A report released Thursday by the U.S. Government Accountability Office confirmed that of the $132 billion that Puerto Rico government officials estimated are needed to rebuild after the 2017 hurricanes, it has only received $4 billion. The Federal Emergency Management Agency —the lead federal agency responsible for assisting Puerto Rico as it recovers — has […]
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P.R.’s new car sales up 13.1% year-over-year in February
March 15, 2019
Puerto Rico’s new car sales reflected a 13.2 percent year-over-year increase in February, the United Automobile Importers Group revealed. The group known as GUIA for its initials in Spanish, represents Puerto Rico’s automotive industry and keeps track of new car sales. February ended with a total of 7,720 units sold in Puerto Rico in contrast […]
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Claro announces 1st fiber optic infrastructure deployment to homes in Guaynabo
March 15, 2019
Telecommunications service provider Claro, in conjunction with the Autonomous Municipality of Guaynabo, announced the availability of Claro’s new fiber optic network, which offers speeds of up to 1,000 megas of bandwidth. In this first stage, the cutting-edge network will benefit some 1,301 families in Guaynabo that will have access to “a stable and superior connection […]
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