P.R.-made point-of-sale technology to be used in Super Bowl ’19
January 31, 2019
Integrated point of sale system, eMobilePOS, created by Puerto Rican company e-Nabler Corp., will be used in Super Bowl LIII, the company announced. eMobilePOS will be used in the stores located at the Mercedes-Benz Stadium in Atlanta, Georgia during the Super Bowl game in which merchandise from the New England Patriots and the Los Angeles […]
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First BanCorp. reports $201.6M in net income for ’18; $101.1M for 4Q18
January 30, 2019
First BanCorp., the bank holding company for FirstBank Puerto Rico, reported net income of $201.6 million, or $0.92 per diluted share, for the year ended Dec. 31, 2018, compared to $67 million, or $0.30 per diluted share, for the year ended Dec. 31, 2017. The financial institution also reported net income of $101.1 million, or […]
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Recognized brands open call for women interested in entrepreneurship
January 30, 2019
As part of the “When we support one another, we become more” initiative, six recognized brands in the local market announced an open call for women interested in participating in a training and coaching program to become entrepreneurs and establish their own businesses. Representatives for Special K, Lactovit, Carson Life, Colgate, U by Kotex and […]
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SBA extends deadline for ’19 National Small Business Week Awards nominations
January 30, 2019
Due to the federal government shutdown, the U.S. Small Business Administration has extended the deadline for the 2019 National Small Business Week Awards nominations to no later than 3 p.m. on Feb. 4, 2019. “Since 1963, National Small Business Week has recognized the outstanding achievements of small businesses, and the contributions they make to their […]
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Rossello submits bills to reorganize DTOP, projects $13M in savings in 1st year
January 29, 2019
Puerto Rico Gov. Ricardo Rosselló submitted legislative measures to reorganize the Department of Transportation and Public Works, which will generate $13 million in the first year and $142 million in five years, according to the Fiscal Plan. The DTOP, as the agency is known for its initials in Spanish, will be the umbrella agency for […]
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UPR Humacao campus students take top ‘Financial Awareness Video Contest’ wins
January 29, 2019
The Puerto Rico Bankers Association (PRBA) and the Federal Reserve Bank of New York (FRBNY) recognized the creativity and talent of college students who participated in the most recent edition of the “Financial Awareness Video Contest.” For 10 years, said competition has been well known for motivating college students to develop creative audiovisual pieces about […]
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Grupo Guayacán opens call for 8th I-Corps P.R. cohort
January 29, 2019
Grupo Guayacán Inc. (GGI) announced that it will offer the upcoming eighth cohort of its Customer Discovery Boot Camp, I-Corps Puerto Rico (I-Corps PR), at the Gurabo campus of Ana G. Méndez University (AGMU). This marks the first time that the idea validation program will be offered at this campus, and the second time it’s […]
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Clinton Foundation gets update on post-María recovery in Humacao
January 29, 2019
Foundation for Puerto Rico and P.E.C.E.S., as well as local small business owners, provided an update of its Bottom Up Destination Recovery Initiative to President Bill Clinton, Secretary Hillary Clinton, and members of the Clinton Foundation during their visit to Puerto Rico. Led by the Foundation, the Bottom Up Destination Recovery Initiative aims to support […]
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P.R. Community Foundation opens call for ‘mini-grants’ for Humacao region teachers
January 29, 2019
The Puerto Rico Community Foundation launched a call for mini-grants to support teachers from the Humacao Educational Region, and schools invited by the nonprofit organization, looking to develop creative and innovative educational strategies to improve learning in the classroom. The nonprofit’s “Mini-Grants Program for Teachers” will award a maximum of $500 to 100 educators, who […]
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P.R. Institute of Statistics seeks public comment on its services
January 29, 2019
As part of a strategic planning effort to be met after 11 years of operations, the Puerto Rico Institute of Statistics is inviting its website users and the general public to participate in a six-question survey through which it seeks to gather feedback about its strengths, weaknesses and opportunities “We invite all users of estadisticas.pr […]
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Celebrity Summit makes first arrival at Port of Ponce
January 29, 2019
The Celebrity Summit cruise ship made its first visit to the Port of Ponce, bringing 2,216 passengers and 984 crew to the southern town. Its stop pumped $158,000 to the port, and $438,000 to the island’s overall economy given its use of the San Juan pier as its homeport, Puerto Rico Gov. Ricardo Rosselló said. […]
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Forteza Caribbean Chocolate to boost cocoa harvests to produce fine chocolate in PR
January 28, 2019
Forteza Caribbean Chocolate announced the implementation of a plan to produce and distribute among local farmers some 12,000 high-performance cocoa trees through 2020, with the support of the Puerto Rico Agriculture Department and the U.S. Department of Agriculture. The company said the addition of the new trees should lead to the creation of 100 to […]
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American Airlines cargo exports from P.R. up 30% in ’18
January 28, 2019
American Airlines Cargo said 2018 was “an exceptional year” for the company, with the division exceeding multiple all-time records in performance, volume and revenue, finishing the year with more than $1 billion in revenue. “The airline moved record volumes of freight and mail across its system in 2018, with volume for the year ending at […]
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Community Foundation of the Virgin Islands awards $70K+ in AT&T grant funding
January 28, 2019
The Community Foundation of the Virgin Islands (CFVI) announced the recipients of the 2018-2019 AT&T STEM grants. The professionals working in schools across the territory were competitively selected to receive awards ranging from $1,250 to $8,500, for a total funding cycle of more than $70,000, the nonprofit said. Grant funds will be used to facilitate […]
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New $130M mixed-income housing complex breaks ground in Caguas
January 25, 2019
The Puerto Rico Department of Housing and affordable housing developer, McCormack Baron Salazar, Inc., announced the closing on the financing and start of construction of a $130 million mixed-income housing in Caguas. Located on vacant land that was previously a public housing site, the new community includes housing options that are affordable to families and […]
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