Causa Local unveils new $15K, 0% interest loan for small entrepreneurs
March 18, 2020
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 […]
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Statistics Institute launches COVID-19 data dashboard; Researchers design contagion tracker
March 18, 2020
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 […]
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SBA district director for Puerto Rico/USVI Collazo stepping down Mar. 27
March 18, 2020
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.” […]
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FedEx continues to move shipments to Puerto Rico, USPS provides update on services
March 17, 2020
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 […]
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Puerto Rico telecom co.’s take FCC’s ‘Keep Americans Connected’ pledge
March 17, 2020
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 […]
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Puerto Rico banks, financial institutions inform special lockdown measures
March 16, 2020
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 […]
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Destilería Serrallés to produce, donate ethyl alcohol to Puerto Rico hospitals, health sector
March 16, 2020
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 […]
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Puerto Rico Gov. Vázquez’s full message on curfew, partial business closures
March 15, 2020
“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 […]
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Gov. Vázquez declares state of emergency in Puerto Rico due to COVID-19 alert
March 13, 2020
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 […]
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Public event cancellations steady as COVID-19 concerns grow
March 13, 2020
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, […]
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P.R. Institute of Statistics chief says project pipeline is ‘packed’ in 2020
March 13, 2020
Newly 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 up more funding from federal government and private sources to […]
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Events slated to take place in Puerto Rico nixed over COVID-19 concerns
March 11, 2020
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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Feeding America CEO visits to inaugurate new $3M Food Bank of Puerto Rico HQs
March 11, 2020
Claire Babineaux-Fontenot, CEO of Feeding America, traveled to Puerto Rico this week to inaugurate the new 30,600 square-foot facilities of the Food Bank of Puerto Rico in Carolina, at an investment of more than $3 million. Because Feeding America is the largest organization for the mitigation of hunger in the United States, her trip to […]
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PRMA: No. of P.R. co.’s with contingency plans to face potential COVID-19 outbreak ‘difficult to determine’
March 10, 2020
Knowing how many businesses in Puerto Rico have contingency plans in place to handle a possible outbreak of the COVID-19 virus is “difficult to determine,” the chairwoman of the Puerto Rico Manufacturers Association’s Occupational Health and Safety Committee, Tania Álvarez said. However, she confirmed most manufacturing plants have plans to protect their operations based on […]
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Restaurant chain owners will cover sales tax on selected menu options
March 9, 2020
Grupo Colón-Gerena, the franchisee of a combined 115 fast-food and casual dining restaurants in Puerto Rico, will pay for the sales tax applicable to certain menu options starting today, the company announced. Applebee’s, Longhorn, Olive Garden, Red Lobster, Sizzler and Wendy’s will include the sales tax as part of the price for the selected “premium” […]
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