Two local companies have reached a significant agreement that will benefit 150 employees currently out-of-work because of the islandwide lockdown. In a statement, the management of local supermarket chain SuperMax and Grupo Colón-Gerena, operator of the Red Lobster and Sizzler in Puerto Rico have partnered to safeguard the restaurant employees by relocating them to supermarket […]
The Federal Emergency Management Agency announced it has assigned another $18.7 million in funds to continue recovery efforts throughout Puerto Rico, including $832,978 to make repairs at the governor’s mansion. La Fortaleza, as the historic structure is known, will get repairs to the roof, second floor, human resource and finance offices in the Yellow Palace/Real […]
In a prepared message and flanked by Financial Oversight and Management Board for Puerto Rico officials, Gov. Wanda Vázquez unveiled a sweeping incentives package to help individuals and small businesses handle the effects of the COVID-19 shutdown, now entering its second week. While 134,200 central government employees will continue to receive their paychecks, private-sector workers, […]
Causa Local, the local representative of the Kiva crowd-lending platforming, unveiled a new financial product offering loans of up to $15,000 at 0% interest for small and medium businesses and enterprising artists. The amount represents a $5,000 increase in funding available to applicants, in comparison to the $10,000 cap the program offered when it was […]
The Puerto Rico Institute of Statistics unveiled a new dashboard on its website called COVID-19, through which citizens will have access to official data on the local impact of the virus, based on data provided by the Health Department, agency Executive Director, Orville Disdier said. Among the data that users will be able to access […]
Yvette Collazo, who for the past seven years has headed the U.S. Small Business Administration’s Puerto Rico and U.S. Virgin Islands territories, will be stepping down from her post effective Mar. 27. She has accepted a position with the U.S. Environmental Protection Agency in Washington, DC, which she described as “a career dream come true.” […]
Shipping company FedEx confirmed it continues to make its deliveries, while “adhering to all regulations and guidelines from government authorities related to containment of COVID-19.” Rolando Medina, managing director of operations for the FedEx Express Latin America and Caribbean division, which serves Puerto Rico, “continues to operate inbound and outbound flights to and from impacted […]
Three Puerto Rico-based technology and telecommunications service providers have responded to the Federal Communications Commission’s call to assist consumers during the COVID-19 crisis. On March 13, FCC Chairman Ajit Pai called on broadband and telephone service providers to promote connectivity to people affected by the disruptions caused by the coronavirus COVID-19, to ensure they do […]
Given the crisis that Puerto Rico is experiencing due to the coronavirus (COVID-19) preventive lockdown, several major banks and financial institutions are taking special measures to attend to customers, mostly remotely. The Puerto Rico Bankers Association said among other measures, local banks have implemented recurring periods of hand washing for employees, a control of the […]
Destilería Serrallés Inc. announced that, in response to the emergency situation that Puerto Rico is experiencing due to the recent detection of the Coronavirus, or COVID-19, it has begun production of ethyl alcohol with a concentration of 70% that it will donate to hospitals and health clinics throughout Puerto Rico. This type of alcohol, which […]
“Good morning, People of Puerto Rico. On March 12, I decreed a State of Emergency due to the situation that Puerto Rico and the world are experiencing as a result of the coronavirus (COVID-19). Since then, I have urged citizens to maintain social distance to avoid contagion as a result of the first cases reported […]
Gov. Wanda Vázquez declared a state of emergency to activate the Puerto Rico National Guard, which, in conjunction with the Health Department, will screen passengers at the Luis Muñoz Marín Airport in San Juan, as well as the air facilities in Aguadilla, Ponce and Ceiba. She also cancelled events that draw massive crowds scheduled from […]
A steady string of event cancellations and postponements have been the order of the day in Puerto Rico, as concerns grow over the potential spread of the COVID-19 coronavirus. Although there have been no confirmed cases yet, there are at least a dozen patients showing possible symptoms of COVID-19 in Puerto Rico. As a result, […]
https://media.blubrry.com/dollarsandsensenewsismybusines/newsismybusiness.com/wp-content/uploads/2020/03/NIMB-Podcast-2020-Instituto-Estadisticas_mixdown.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSSNewly confirmed Puerto Rico Institute of Statistics Executive Director Orville Disdier sat down with Dollars and Sense to discuss the agency’s pipeline of projects for this year, including working alongside the U.S. Census for this year’s survey on the island, and working aggressively to shore […]
Two major events scheduled to take place in Puerto Rico in coming weeks have been canceled as a result of global travel concerns amid the spread of the COVID-19 virus. While there have been a number of suspected cases reported in Puerto Rico, none have yet been confirmed as coronavirus patients. However, Tales of the […]
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