Gov’t opens RFP to design ‘hardened and resilient’ power, telecom systems
May 18, 2023
The deadline to submit proposals is June 2. #NewsismyBusiness #SmartIsland #telecom
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Puerto Rico development bank, CofC partner to support startups
May 18, 2023
New alliance aims to drive economic growth with funding and resources for emerging businesses. #NewsismyBusiness
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Puerto Rico/USVI get $300M from USDA to advance clean energy deployment
May 17, 2023
The funds will be available through two new programs under the Inflation Reduction Act. #NewsismyBusiness
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IEEFA: Prepa debt plan would create unsustainable burden
May 17, 2023
The bankruptcy of Prepa, with more than $9 billion in unpaid bond debt and other obligations, represents one of the largest municipal debt restructurings in the United States. #NewsismyBusiness
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GenEra files injunction against Genera PR in trademark dispute
May 17, 2023
Renewable energy L3C seeks economic damages, while Prepa's private partner maintains it is duly registered. #NewsismyBusiness
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‘Above average’ public transit spending fuels private vehicle use
May 16, 2023
The island outranked all other states and territories, followed by Wyoming and Alabama in the top bracket of places with the highest vehicle miles traveled, and therefore lowest transit ridership, as people favor using their personal vehicles. #NewsismyBusiness
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Puerto Rico gov’t ends paid COVID-19 leave
May 16, 2023
Employers are no longer required to offer special leave to employees with COVID-19. #NewsismyBusiness
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Anti-fraud initiative launched to educate Puerto Rico’s elderly
May 16, 2023
Key agencies form Alliance Against Fraud and launch the "Pause, Think and Protect Yourself" initiative to combat the financial exploitation of seniors. #NewsismyBusiness
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Study: STRs not to blame for Puerto Rico’s housing affordability challenges
May 15, 2023
In the study, Foundation for Puerto Rico covered the factors impacting housing and rent prices on the island, examining several causes. #NewsismyBusiness
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U.S. Dept. of Commerce sets Puerto Rico’s 1st Economic Development District
May 15, 2023
A variety of industries will be supported in their economic development efforts, including health care, hospitality and agriculture, the federal agency stated. #NewsismyBusiness
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Parguera Plaza Hotel reopens its doors after $3.5M revamp
May 15, 2023
Parguera Plaza Hotel is expected to become the first and only hotel with a microbrewery in the Caribbean. #NewsismyBusiness
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Justice Dept. launches PR/USVI Environmental Crimes Task Force
May 12, 2023
The creation of this task force builds upon the Justice Department’s environmental justice strategy and brings together federal law enforcement agencies in Puerto Rico and the U.S. Virgin Islands. #NewsismyBusiness
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Ponce museums receive $2.4M for repairs after Hurricane María, earthquakes
May 12, 2023
Federal funds allocated to restore structures that preserve Puerto Rican history and culture. #NewsismyBusiness
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Science Trust wins $1M NSF Engines development award
May 12, 2023
The award is expected to have a measurable impact on Puerto Rico’s economy, increase the number of jobs, and increase workforce training strategies in the biopharma sector. #NewsismyBusiness
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Congressional lawmakers submit legislation to modify rum cover-over
May 11, 2023
This legislation would amend Section 7652 of the Internal Revenue Code of 1986, making $13.25 per proof gallon the amount covered over by law, among other steps. #NewsismyBusiness
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