Aware of the difficulties that people face in inserting themselves into government debates and decisions on fiscal and budget issues, nonprofit Espacios Abiertos analyzed thousands of documents from the past 16 years to develop the new Observatoriofiscalpr.com platform, which seeks to provide greater accessibility and narrow information gaps. Daniel Santamaría-Ots, senior analyst of public policy […]
The Mashantucket Pequot Tribal Nation, owner and operator of the Foxwoods Casino in CT, announced a $12.5 million investment to reopen the iconic casino at the Fairmont El San Juan hotel in Isla Verde, to be known as the Foxwoods El San Juan Casino. During a news conference at the hotel, Rodney A. Butler, chairman […]
With the purpose of contributing to the well-being and health of the elderly, the Federal Emergency Management Agency announced it has allocated more than $10 million for 31 permanent repair projects for senior centers throughout the island. The funds will serve 24 municipal facilities that are dedicated to the care of this population and another […]
OFG Bancorp, the financial holding company of San Juan-based Oriental Bank, reported results for the fourth quarter and year ended Dec. 31, 2020, revealing $132.8 million and $519.3 million in revenue, respectively. While the result for the final three month period of last year showed a 35% increase from the versus $98.4 million reported during […]
There are many ways an entrepreneur can acquire customers by using podcast technology available to anyone who knows how to use a smartphone. There are platforms for videos, text platforms for blogging and no less than a dozen powerful social media services. There are also more than 100 platforms to setup a mini-radio station on […]
Discover Puerto Rico, the island’s destination marketing organization has developed a “Municipal Economic Development Guide,” a handbook to help promote economic development in towns to propel the creation of additional jobs through tourism. The guide features sales, marketing, and communication tools to assist mayors, tourism directors, and businesses that serve the tourism sector, to help […]
Developing a business idea could be the best way to kickstart the new year and set up for success. With this in mind, Grupo Guayacán is starting off 2021 with an open call for the new edition of I-Corps Puerto Rico (I-Corps PR), its idea validating program. This program seeks to identify teams who are […]
The Ana G. Méndez University (UAGM in Spanish) received a $92M allocation through the Coronavirus Response and Relief Supplemental Appropriations Act designed to offer financial aid to students to mitigate the negative impact of the COVID-19 pandemic and offset expenses incurred by institutions during the emergency, UAGM President José F. Méndez-Méndez said. Once the U.S. […]
Godiva announced it will shutter all of its 128 retail stores in North America, including the one located in Plaza Las Américas in Puerto Rico, by the end of the first quarter of 2021, accelerating a dramatic shift to online sales and through other retail partners. Additional details such as the total number of employees […]
A total of 23 nonprofits participated in the “Your Community has a PLAZA” program in 2020, which allowed them to carry out orientation and fundraising efforts within the Plaza Las Américas mall. From January to March and from September to December, the participating nonprofits reahed more than 20,000 people who visited the shopping center and […]
Popular Inc. announced it is now receiving Paycheck Protection Program applications from commercial customers and nonprofit organization, following an additional $284 billion in program funding from the U.S. Congress. Applications will be serviced throughout Popular’s three geographic regions, including Puerto Rico, the US Virgin Islands and the mainland United States, the bank said. “Since the […]
International travel between Puerto Rico and the main destinations in Latin America, Europe and the Caribbean are gradually making a comeback, with some already flying and others mapping out schedules through year’s end. Puerto Rico Tourism Co. Executive Director-designate Carlos Mercado said Spanish airline Iberia is expected to re-establish its direct Madrid-San Juan route during […]
The Mashantucket Pequot Tribal Nation, operators of the famed Foxwoods Casino in Mashantucket, CT, has landed a concession agreement to reopen the casino at the iconic Fairmont El San Juan hotel, this media outlet learned. The announcement is scheduled to take place next week, according to a media notice released Wednesday night. Gov. Pedro Pierluisi […]
The Puerto Rico Electric Power Authority announced the start of its Electric Grid Revitalization Program, using a $10.7 billion allocation from the Federal Emergency Management Agency (FEMA). Details of the 10-year infrastructure modernization plan, delivered and approved by FEMA in December to rebuild and bring the electrical system on the island up to standards and […]
This academic semester the Pontifical Catholic University of Puerto Rico in Ponce will be distributing more than $6.3 million in supplementary aid to its students so that they can face the expenses related to the COVID-19 pandemic, it announced. “All students with active enrollment as of Feb. 21 will receive this aid. It’s not necessary […]
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