Vitrina Solidaria launches campaign to help entrepreneurs reduce poverty traps
November 25, 2021
The Vitrina Solidaria nonprofit organization, together with 22 entrepreneurs, has launched a campaign based on six key values for a more solid and supportive economy that should break poverty traps faced by business people out of need, so they can reach new markets and benefit communities. These ventures usually come from people in communities of […]
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Economic Activity Index up 2.7% in Sept. despite pandemic-related crisis
November 24, 2021
Puerto Rico’s Economic Activity Index (EAI) for September 2021 reached a maximum level of 120.3 points, representing a year-on-year increase of 2.7%, according to the Puerto Rico Economic Development Bank’s Center for Economic Studies. “This is the seventh year-on-year increase after 12 consecutive reductions. If compared to the previous month, the EDB-EAI’s growth rate rose […]
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Seabourn Ovation’s debut in Puerto Rico to generate $100K for economy
November 22, 2021
Luxury cruise ship Seabourn Ovation will restart operations after the pandemic hiatus from Puerto Rico, which will generate $100,000 for the local economy in Fiscal 2022 and 2023, government officials confirmed. The ship, owned by Seabourn, joins Carnival, Norwegian, Viking, Crystal, Celebrity and Royal Caribbean as the seventh cruise line to restart operations in Puerto […]
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EDB will hold virtual orientation for unemployed, PUA beneficiaries
November 18, 2021
The Puerto Rico Economic Development Bank announced the first virtual orientation to new and existing entrepreneurs who received unemployment and Pandemic Unemployment Assistance benefits. The webinar is scheduled for Nov. 18 at 10 a.m. This after a few weeks ago, the EDB signed a collaborative agreement with the Department of Labor and Human Resources to […]
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Merck Puerto Rico inaugurates new offices in Metro Office Park
November 11, 2021
Medical research company Merck Puerto Rico announced the inauguration of its new offices in Metro Office Park in Guaynabo that “promote interaction, learning, experimentation, and empowerment among its employees as part of the transformation of its work culture to adjust to the times and face the future.” The new sustainable space was designed under the […]
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Gov’t agencies sign agreement to restore telecoms faster after catastrophic events
November 11, 2021
The Puerto Rico Telecommunications Bureau (NET, in Spanish) of the Public Service Regulatory Board, the Department of Public Safety (DSP, in Spanish) and the 9-1-1 Emergency Systems Bureau (NSE, in Spanish) signed an interagency collaboration agreement with the goal of identifying emergencies and promptly restoring the telecommunications infrastructure after a catastrophic or atmospheric event. The […]
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20 children inaugurate new pediatric vaccination center in The Mall of San Juan
November 10, 2021
The Puerto Rico College of Surgeons inaugurated a pediatric vaccination center, where 20 children from nearby communities were able to get vaccinated against COVID-19, in the Mall of San Juan. The center is set to operate from 10 a.m. to 7 p.m. and is expected to vaccinate thousands of 5 to 11 year-old children from […]
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13K+ Puerto Ricans sign up to Eats Pass discount service
November 5, 2021
Six months after its launch, more than 13,000 Puerto Ricans have joined Uber’s discount and benefits membership, Eats Pass, for which all together they have saved more than $900,000 on their purchases, the company announced. From getting around the city with the Uber app, sending items through Uber Flash, and ordering from restaurants, shops, pharmacies, […]
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DDEC opens Teodoro Moscoso Scholarship application cycle
November 3, 2021
The Department of Economic Development and Commerce (DDEC, in Spanish) announced the start of the application cycle for Youth Development Program’s Teodoro Moscoso Scholarship, aimed at students of technical, vocational, or hard-to-recruit careers, or who show economic need, who can win up to $40,000. The awards are divided into two categories — the first is […]
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EDB’s Economic Activity Index shows 3.3% YoY growth in August
November 2, 2021
The Puerto Rico Economic Development Bank’s Economic Activity Index reflected a year-on-year increase of 3.3% for last August, which represents the sixth increase after 12 consecutive reductions, the agency confirmed. Compared to July, the same indicator reflected a slight improvement, an increase of 0.2%. “While it’s true that these are positive indicators, we’re also monitoring […]
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DNER transfers oversight of public beaches, recreational areas to 4 towns
November 2, 2021
The Department of Natural and Environmental Resources (DNER, in Spanish) has signed collaboration agreements with the municipalities of Humacao, Manatí, Toa Baja and Vieques so that each of the mayors can manage and improve the government-run public beaches and recreational areas. Most of the agreements are on an initial four-to-five-year term, renewable for up to […]
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PHSU’s $1.1M grant equips 8 hospitals with telemedicine technology
October 28, 2021
As part of a $1.1 million grant from Cares Act funds awarded to the Ponce Research Institute at Ponce Health Sciences University (PHSU), eight hospitals across Puerto Rico have been outfitted with new technological equipment for telemedicine, the institution announced. The hospitals and entities to which PHSU delivered these telemedicine machines for residency programs are: […]
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PRITS announces creation of new Digital Accessibility Committee
October 27, 2021
The Puerto Rico Innovation and Technology Services (PRITS) office announced the creation of the Digital Accessibility Committee, as part of their initiatives to give priority to the needs of the community of people with visual and hearing disabilities. The committee is made up of community members with disabilities, as well as staff from the Ombudsman […]
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Cortelco to unveil new multi-service communications platform
October 25, 2021
Technology consulting company Cortelco Systems Puerto Rico Inc. is developing a service called “Lost Calls,” a communication platform for businesses and their clients that works as a messaging and calls system that converts text-to-speech into data. The company also announced a new cash dividend for its stockholders of $0.15 per share payable on Dec. 15, […]
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Sprung Instant Structures Inc. to establish $1M operation in Ponce
October 22, 2021
Sprung Instant Structures Inc. — a company specialized in the design and manufacture of prefabricated structures resistant to natural disasters — announced its arrival on the island, where it will invest about $1 million to establish operations in Ponce over the next two years. They are currently participating in several projects with Community Development Block […]
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