InvestPR: Private sector commits to 5K jobs, $350M in investments in FY22
December 14, 2022
Invest Puerto Rico, the island’s economic development organization, revealed in its Fiscal Year 2022 annual report that it locked down more than 6,000 business leads, 2,000 prospective opportunities, the establishment of more than 700 new businesses, commitments by companies of nearly 5,000 jobs, and more than $350 million in capital investment. During a roundtable with […]
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D’Royal Bride opens new location following $1.5M investment
December 14, 2022
D’Royal Bride currently has three locations in Puerto Rico.
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Once and for All Tires, LLC opens $17.4M tire recycling plant in Yabucoa
December 13, 2022
The operation expects to create 51 direct jobs, with an estimated payroll of $1.8 million.
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Interest rate hikes worsen access to affordable housing in Puerto Rico
December 13, 2022
The Index’ most recent result shows that a typical family has only 54% of the income needed to qualify for a home loan, assuming a down payment of 20%.
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Slipstream to lead $1.4M energy resilience plan for Lares’ Castañer sector
December 13, 2022
The award is part of the Renewables Advancing Community Energy Resilience funding program.
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Dept. of Consumer Affairs opens renewable energy office
December 13, 2022
The new office will be responsible for creating guidance between companies selling solar systems and consumers.
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Hydroponic farm in Ponce to produce strawberries commercially in ’23
December 12, 2022
Grupo Vesán also harvests different types of lettuce, such as kale, sala nova, romaine, tropicana and American.
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Caribe Tecno CRL chosen to design, build new $80M hospital in Vieques
December 12, 2022
The company was chosen after a process in which 23 bidders participated.
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Maricao’s urban center launches RFP for solar energy microgrid
December 12, 2022
The RFP requires the proponent to design, install and connect the solar energy system to the public electrical system.
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Real estate execs call on House Speaker to discuss Bill 1416
December 9, 2022
The group is against new requirements proposed in the piece of legislation.
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Puerto Rico to again host ‘Dick Clark’s New Year’s Rockin’ Eve’
December 9, 2022
Puerto Rico's countdown will take place at 11 p.m. EST/12 a.m. AST, as the first countdown location on the show's multi-destination broadcast.
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333 co’s in Puerto Rico exempted from paying Christmas bonus
December 8, 2022
Aome 13 requests submitted to not pay the bonus check were denied.
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Habitat for Humanity pursues boosting local homeownership
December 8, 2022
The nonprofit works with municipalities and other organizations to identify potential new homeowners.
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Uber Eats marks 4 yrs. in Puerto Rico confirming 11M orders
December 8, 2022
Uber Eats launched a new feature that allows the user to surprise someone with a gift.
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White House assigns $164M to further broadband access in Puerto Rico
December 7, 2022
Economic growth issues such as improving Puerto Rico’s power grid, boosting agriculture, and establishing inter-agency agreements between Puerto Rico and stateside counterparts were discussed.
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