Five proposals from Puerto Rico requesting a combined $163,000 in funding have been selected to benefit from the U.S. Department of Agriculture’s Rural Energy for America Program, or REAP, to develop energy efficiency projects.
Gathered before a group of professionals, politicians and government officials, the founders OPEN Puerto Rico, a digital platform that seeks to serve as a repository for public information, discussed details of its first fundraising campaign.
The Gov. García-Padilla administration is looking to broaden the scope of possibilities regarding the establishment of public-private partnerships, or P3s, through legislation that would allow smaller scale projects, P3 Authority Executive Director Grace Santana said.
The Puerto Rico Telecommunications Regulatory Board this week became the newest public agency to join the government’s 3-1-1 central call center to provide orientation to Puerto Rico citizens on available services.
Puerto Rican oil recycling company, Olein Recovery Corp., announced Tuesday expansion plans that call for a $2 million modernization of its laboratory and production lines, which will add 50 new jobs.
OPEN Puerto Rico, a platform that strives to find and publish governmental data and public documents, is looking to raise $14,000 through crowdfunding platform AntRocket, to be able to further its pursuit of pushing for public sector transparency.
In recent weeks, new executives have moved into positions at Liberty International Underwriters and El Mesón Sandwiches, an insurance and retail operation, respectively.
Microfinanzas Puerto Rico and the three campuses that make up the Ana G. Méndez University System recently signed a collaboration agreement to develop and strengthen a business ecosystem that benefits the university students and the communities where the campuses are located, including low-income areas.
The University of Puerto Rico’s Mayagüez campus is celebrating the 20th anniversary of its Industrial Biotechnology Program, which has served as a platform to present innovative technological, research and cutting-edge aspects using the science as a change agent.
Cruise ship passengers arriving at the port of San Juan increased by 28 percent in July and August, in comparison to the same period in 2013, a growth the Puerto Rico Ports Authority attributed to the “Low Season Rates Program,” established in May of this year.
Looking to establish a link between students and potential employers, the University of Puerto Rico’s School of Business Administration in Río Piedras will host a Jobs and Internships Fair on Sept. 24, with the participation of companies looking to recruit students.
FirstBank recently inaugurated a new branch in Santurce, located at the Plazoleta del Condado, where the former Banco Popular location was until earlier this year.
Men’s Wearhouse, which last week officially marked its debut in the Puerto Rico retail market with the opening of its Plaza Carolina store is already developing a second location, this time at the San Patricio Plaza Mall in Guaynabo.
The Puerto Rico Treasury Department has spent the last seven months working with a team of local and international experts in tax, fiscal and economic matters to propose an overhaul to the island’s Internal Revenue Code that ultimately should eliminate the “uncertainty” associated with elements of the decades-old statute, agency Chief Melba Acosta told members of the media Thursday.
Puerto Rico’s General Fund net collections fell short of projected estimates by $27.4 million last month, when the government collected $440.6 million, hit mostly by a drop in payments from corporations under Law 154, motor vehicle sales and individual payments.
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