Foundation for P.R. launches talks between nonprofits, gov’t agencies
March 1, 2019
Foundation for Puerto Rico has begun heading the meetings of focus sectors with members of the Whole Community Resilience Program, to define the databases and indicators needed to assess vulnerability in the communities, the nonprofit announced. These collaborative sessions will help examine the needs of all communities in Puerto Rico, with a comprehensive perspective of […]
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Op-Ed: The problem with Vieques/Culebra ferry is 50 yrs of ‘criminal mismanagement’
March 1, 2019
In referring to the unfortunate ferry debacle last weekend resulting in the resignation of Director Juan Maldonado, Vieques Mayor Victor Emeric, was right — the problem is not the misuse of an idle cargo ferry, it’s the 50 years of criminal Maritime Transportation Authority (ATM, for its initials in Spanish) mismanagement that has plagued the […]
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N.Y. Fed President Williams to visit P.R./USVI Mar. 28-29
March 1, 2019
Federal Reserve Bank of New York President John C. Williams will visit Puerto Rico and the U.S. Virgin Islands on Mar. 28-29 to meet with leaders in the local nonprofit, government, and business sectors, the agency announced. The trip will focus on understanding current economic conditions and the continuing recovery efforts in the aftermath of […]
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BADECO opens 2nd cycle of accessible capital program to stabilize, expand businesses
March 1, 2019
The Central-Eastern Development Bank, or BADECO for its initials in Spanish, opened the second cycle of the “Capital Accesible para Tu Negocio” financing program to support entrepreneurs in the areas they need it most to stabilize or expand a business in operation. “’Capital Accesible’ is not just a commercial finance program, but one that includes […]
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Coliseo de P.R. adds new $400K Lounge 118 open bar concept
March 1, 2019
Coliseo de Puerto Rico executives unveiled a new open bar concept at the venue, called Lounge 118, for which it invested $400,000. The new space on the main level is part of the infrastructure improvements underway at the coliseum, said General Manager Eduardo Cajina. The transformation of the 1,100 square-foot space, previously occupied by one […]
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PayPal, Total enable payments at P.R. gas stations through new mobile app
March 1, 2019
PayPal announced the launch of its partnership with Total Petroleum Puerto Rico, seeking to promote e-commerce in the island and to improve the supply of gasoline for Puerto Rican consumers and make it more efficient. This new service will allow consumers to pay with PayPal in more than 10 Total service stations islandwide, through the […]
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Op-Ed: The burden of the Jones Act
February 28, 2019
Our firm, Advantage Business Consulting, just concluded a study on the impact of the Jones Act on Puerto Rico that is much better than the two studies commissioned by the Jones Act Carriers (JACs) or even the one prepared by the General Accounting Office (GAO). It is not that we are geniuses at Advantage. It […]
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Cisco Systems to invest $130M to drive tech, network projects in P.R.
February 27, 2019
Information systems and internet company Cisco Systems announced at the Mobile World Congress 2019 held in Barcelona that Puerto Rico is among the three jurisdictions selected in the Americas to advance transformation and technological acceleration projects. Telecommunications Bureau President Sandra Torres and Chief of Staff Ricardo Llerandi were present during the announcement during the congress. […]
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González announces $95M in federal funds for child care, science, disaster recovery
February 27, 2019
Puerto Rico Resident Commissioner in Washington, Jenniffer González, announced the allocation of $95.3 million in federal funds from the Department of Health and Human Services for child care services and health services, and from the National Science Foundation for Research and the Agency Federal Emergency Management System for recovery expenses. The Office of Head Start of […]
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General Contractors of America, Ana G. Méndez University System partner to train construction workers
February 27, 2019
The Puerto Rico Chapter of the Association of General Contractors of América (AGC-PR) and the Ana G. Méndez University (UAGM) announced the signing of a collaboration agreement to develop academic programs to train and educate qualified construction workers to participate in the reconstruction and modernization of housing projects and infrastructure that are being carried out […]
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Revitalize P.R.: Island’s disproportionate Medicaid funding is unfair
February 26, 2019
Federal Medicaid funding has a critical role in providing affordable health care to the people of Puerto Rico, especially as the island works towards a sustainable recovery. But the vast difference in how Medicaid funding is calculated for Puerto Rico versus the 50 states is unfair, hurts more than a million American citizens, and prevents […]
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Nonprofits seek to give northeast P.R. residents business development opportunities
February 26, 2019
Citizens residing in the northeast area of Puerto Rico who wish to develop a business idea will have the opportunity to participate in a business incubation program free of charge, as part of an initiative driven by several local nonprofits. The program consists of three cycles — pre-incubation, incubation and certification — begins on Mar. […]
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Op-Ed: PREPA privatization plan overlooks unionized workers as best asset
February 26, 2019
Puerto Rico’s Senate and House of Representatives are finalizing an energy policy bill that amends the existing privatization plan for the Puerto Rico Electric Power Authority. One of the remaining issues is whether to require future private utility owners to honor existing PREPA collective bargaining agreements with labor unions. The legislature should protect these agreements. […]
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Mampostea’o named merit winner in HOW International Design Awards
February 26, 2019
“Chef Piñeiro – Cocina de Autor,” a project developed by Mampostea’o, was chosen as one of 226 award-winning designs in the most recent HOW International Design Awards, the company announced. This competition sponsored by HOW magazine recognizes excellence on a global scale — and every year honors entries from all over the world. Each year, […]
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González urges those affected by Hurricane María to seek current SBA grants
February 25, 2019
Puerto Rico Resident Commissioner Jenniffer González encouraged those affected by hurricane Maria who have not requested assistance yet from the Small Business Administration (SBA) to do so, as the agency continues accepting late applications under certain requirements. Individuals may apply for assistance by calling the SBA offices in Puerto Rico or the FEMA Community Resource […]
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