San Juan Mayor Miguel Romero unveiled a lofty agenda to develop and revitalize the city’s infrastructure, investing $210 million over the next 36 months. The works will be developed through grants obtained from the Federal Transit Administration, the Federal Emergency Management Agency (FEMA), CDBG-DR funds under the City Revitalization program, as well as local funds, […]
The Puerto Rico Labor Department announced the transfer of 19 mobile kiosks to the same number of municipalities in Puerto Rico’s southern, eastern, and western flanks to boost self-employment and economic activity, agency Secretary Carlos Rivera confirmed. The “Pa’ mi Gente” program was created in 2010 and ran through December 2016 under the Labor Department. […]
The Puerto Rican banking industry has continued to strengthen over the past year, supported by an increase in liquidity and the strengthening of asset quality. The Financial Stability Index for Commercial Banks in Puerto Rico, prepared by Estudios Técnicos, Inc., increased to 0.60 in the third quarter of 2021, compared to 0.47 in the same […]
The video series “Sounds like Puerto Rico” received three nods during the 45th Annual Suncoast Regional Emmy Awards, held over the weekend. The videos produced by Discover Puerto Rico, the island’s Destination Marketing Organization (DMO), were distinguished as best magazine series, cinematography, and editing. “Sounds like Puerto Rico” was nominated in five categories, including best […]
National housing and urban renewal developer, McCormack Baron Salazar, and the Puerto Rico Department of Housing welcomed a group of leaders, including the Governor of Puerto Rico, community members, and the media to the grand opening of the new mixed-income apartment community, Emerald Vista. With an investment of about $135 million and the first multifamily […]
Restaurants in the Distrito T-Mobile have curated a series of dining experiences as part of the Dick Clark’s New Year’s Rockin’ Eve with Ryan Seacrest 2022 celebration in Puerto Rico. This year, Puerto Rico becomes the first destination with a Spanish-language countdown for the festivities that will feature Daddy Yankee as the main act and […]
P18, the international acceleration program of parallel18, culminated its ninth generation with the celebration of the achievements of 33 companies in its DemoDay event at the Raúl Juliá theater at the Puerto Rico Museum of Art. Following more than 20 months of virtual events, the program from the Puerto Rico Science, Technology, and Research Trust […]
The Federal Emergency Management Agency (FEMA) allocated more than $7.2 million to the Puerto Rico Aqueduct and Sewer Authority (PRASA) for repairs to wastewater treatment and water pumping facilities in Humacao and Las Piedras. These projects ensure critical services for more than 55,000 residents of Humacao, Las Piedras and Naguabo, the agency stated. The funds […]
The Pontifical Catholic University is embarking on a three-year development plan at three of its campuses that will entail a $57.5 million investment, school officials announced. The modernization of multiple structures, new technologies and the construction of a building that will house innovative science laboratories are elements of the project. The funding for the more […]
The US Department of Commerce has awarded Puerto Rico $5.1 million through the American Rescue Plan to “integrate tourism into distressed urban areas with activities that focus on local artists, cultural influences, and community involvement.” The funds are part of a global $196 million in American Rescue Plan State Travel, Tourism, and Outdoor Recreation grants to 24 […]
The Puerto Rico Manufacturers Association has created a social responsibility campaign, under the slogan “Todos contigo mujer. No más violencia,” (All with you, woman. No more violence). PRMA Executive Vice President Yandia Pérez said the goal is to promote and unite several industry sectors, to raise awareness, encourage and maintain communication and constant education, about […]
Nonprofit organization Direct Relief inaugurated a $277,000 solar energy project in Guánica’s Fire Station, through a grant from biopharmaceutical company AbbVie, which donated $50 million for these types of projects. The project will allow for these first responders to continue serving the people even in the event of natural disasters that may affect primary services, […]
The Dorado Beach, A Ritz-Carlton Reserve is not under contract for sale at this time, but one of the luxury hotel’s developing partners, PRISA Group, confirmed that it is always exploring alternatives for its properties. Federico Stubbe Jr., CEO of PRISA Group, told News is my Business “as developers, after a property is stabilized, we’re […]
Not even the pandemic will be able to prevent Puerto Ricans from celebrating the best and longest Christmas in the world. More than 88% of Puerto Rican consumers confirmed they will be holiday shopping this season, which represents a 9% increase over last year, according to results of the 10th edition of “Santa’s List 2021,” […]
As 2021 winds up, it’s time to look back on specific developments in the high-tech sphere. For one, video retained its standing as the prime communication tool in social media. Consequently, YouTube is a central platform for videography. Thus, the platform released an overview of the top videos of the year, and it depicts interesting […]
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