Foundation for Puerto Rico (FPR) announced the development of the Destino 191: El Yunque del Caribe project, an initiative co-designed with community leaders which seek to develop and implement an innovative plan to revitalize and promote Route 191 in Cubuy, Naguabo as a “vibrant destination” that provides a second entrance to El Yunque National Forest. […]
At present, the number of Puerto Ricans in leading positions on e-commerce platforms is increasing. In the case of Amazon, there are outstanding executives, including three professionals from Puerto Rico whose leadership styles have made a great impact on the performance of the departments they lead and, thus, the entire company. It is well-known that […]
With an investment of $3.2 million, the municipality of San Juan will begin the reconstruction of more than 60 sports facilities and parks in 50 communities of the Capital City, San Juan Mayor Miguel Romero said. Romero said the project’s financing will be split between a $2.4 million allocation from the Federal Emergency Management Agency’s […]
San Juan-based High-Trend International (HTI), — a firm that develops smart city and public lighting infrastructure projects “to create smarter, safer, and more sustainable cities” — along with its Brazilian joint venture High Trend Brasil (HTB), announced the closing of $165.5 million of long-term financing to fund the completion of its Rio de Janeiro Smart […]
The San Juan Marriott Resort & Stellaris Casino has reimagined its ballroom and foyer area after undergoing a $2.9 million renovation financed by development firm XLD Group. The redesign ushers in the coming season by inviting guests to discover a new hospitality experience, hotel officials said. “The new 7,000 square-foot grand ballroom will enhance the […]
Nearly 10 years after breaking ground on its solar energy operations in Puerto Rico, global independent power producer Sonnedix announced the sale of 100% of its interest in its local operation to ArcLight’s Infinigen renewables platform. The financial terms of the transaction were undisclosed. The transaction includes Sonnedix USA Ltd, Sonnedix Solar Puerto Rico, Sonnedix […]
The management of environmental risks, more than a duty, is a necessity. Many companies have made this a priority understanding that losses related to environmental pollution constitute a direct impact on the financial stability of the business. For nearly four decades. AIG has been delivering environmental insurance solutions to businesses of all sizes. At AIG, […]
Professional consulting firms CMA Architects & Engineers LLC (CMA) and Estudios Técnicos Inc. (ETI) will collaborate with Puerto Rico municipal governments in the development of their recovery plans as part of the efforts of the Municipal Recovery Planning Program, they announced. The municipal recovery program subsidized with CDBG-DR funds, will not only provide the municipalities […]
The business world has evolved in such a way that, today, creativity and technology go hand in hand to achieve better results. These in turn bring innovative business solutions for clients. Faced with this reality, the de la Cruz Ogilvy advertising firm presented “Creativity + Technology, a new revenue stream,” a forum aimed at giving […]
The Puerto Rico Manufacturers Association (PRMA) launched ehub, a personalized platform, inspired by virtual reality, which the trade organization said will provide “modern interaction through which users will have a unique experience never seen before in Puerto Rico.” The digital tool is aimed at creating connections, collaboration, marketing, promote products or services and integration with […]
The Coronavirus Local Fiscal Recovery Fund, a $150 million pool of funds assigned through the American Rescue Plan Act (ARPA) of 2021, is officially open for all 78 Puerto Rico mayors who may dip into it upon signing an agreement with the Fiscal Agency and Financial Advisory Authority (AAFAF, in Spanish), Gov. Pedro Pierluisi announced. […]
Facebook, the beleaguered social media platform is up to new devices with a revamped branding it calls Meta and an offshoot enterprise described as FB metaverse, or its multiple reality web. So, what is CEO Mark Zuckerberg up to now? Facebook defines its proposed metaverse as “a set of virtual spaces where you can create […]
The US Department of Agriculture is awarding $421,295 to the towns of Barceloneta and Naguabo, to provide placemaking and planning assistance to help improve social, cultural, and economic structures for people living in rural communities. The agency is making the awards under its Rural Placemaking Innovation Challenge (RPIC) and in Puerto Rico, it partnered with […]
US Small Business Administration Associate Administrator Bibi Hidalgo, head of the federal agency’s Office of Government Contracting & Business Development, is visiting Puerto Rico early this week, the agency announced. Her visit is part of a national tour highlighting the United States’ economic recovery focused on boosting manufacturing, engaging socially and economically disadvantaged businesses on […]
Plaza Las Américas and Macy’s Backstage announced the upcoming opening of the first Macy’s Backstage store in Puerto Rico, on Nov. 20, in time for the busy holiday shopping season. Macy’s on-mall, off-price pop-up store will be located on the second level of the space previously occupied by Borders and will have approximately 14,000 square […]
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