Puerto Rico Tourism Co.: Int’l travel recovering gradually
January 22, 2021
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 […]
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Mashantucket Pequot Tribal Nation to reopen casino at Fairmont El San Juan
January 21, 2021
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 […]
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PREPA unveils 10-year, $10.7B grid revitalization program
January 21, 2021
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 […]
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Pontifical Catholic University distributes $6.3M in student aid
January 21, 2021
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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PRiMEX starts export academies, talent management and dev’t on the island
January 20, 2021
Puerto Rico Manufacturing Extension Inc. (PRiMEX), announced the start of two academies, specialized in export areas, as well as the management and development of talents on the island, also known as “Smart Talent.” Both academies are aimed at Puerto Rico’s small and medium manufacturing business sector. “For the second year in a row, we will celebrate […]
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Toyota de Puerto Rico reports sales of 26,537 units in ’20
January 20, 2021
Toyota de Puerto Rico reported year-end sales of 26,537 units of its Toyota and Lexus non-fleet vehicles, which company President George Christoff said exceeded 2020 expectations. Toyota kept its title of “#1 brand in the automotive industry in Puerto Rico” with a 30.1% market share. The best-selling cars were in the Yaris and Corolla family, […]
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Economic Activity Index down 6.8% Y-O-Y in November
January 20, 2021
The island’s Economic Activity Index reached 115.1 points in November, representing a 6.8% contraction when compared to November 2019, and the ninth reduction after 20 year-over-year consecutive increments, the Puerto Rico Economic Development Bank revealed. The EDB-EAI decreased by 0.4% when compared to the previous month. EDB President Pablo G. Muñiz-Reyes said the crisis created […]
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RSM Puerto Rico firm reports 7.1% growth in ’20
January 19, 2021
RSM Puerto Rico, a local audit, tax and consulting firm focused on the middle market, reported a revenue growth of 7.1% at closing of fiscal 2020, which it described as “an extremely challenging year for the business community both locally and globally.” Business consulting and tax advisory services grew 9.2% and 10.1%, respectively, attributed to […]
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Discover Puerto Rico: US travelers make island most-searched destination
January 19, 2021
With COVID-19 vaccine distribution taking hold across the US, consumers are feeling the end of the pandemic is near, according to recent research shared by Discover Puerto Rico. According to new research from online travel marketplace KOALA, after analyzing the Google data, Puerto Rico was revealed as number one in the list of places that […]
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2nd Pokébar Hawaiian Kitchen opens in Hato Rey
January 19, 2021
The owners of the Pokébar Hawaiian Kitchen are marking the success of their small chain that got its start in 2019 in the Condado sector of San Juan, with the recent opening of a second restaurant in Hato Rey. This modern concept arose from an idea by Emmanuel Márquez and his brother Cristian Marquez. They […]
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Practical Techie: Working offline can be productive
January 19, 2021
During the pandemic years of 2020-21, working remotely from home, virtual classrooms and ongoing livestream conferencing are still a constant. Cybercitizens must stay connected to the web constantly as never before. Productivity is a must, but weak WiFi signals can reduce efficiency. Navigating with a weak web connection becomes a nuisance when there is a […]
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FEMA approves $1.8M for repairs to Puerto Rican fishing villages
January 18, 2021
At about 4 a.m. Christopher McGrath, a commercial fisherman from San Juan, begins to prepare his boat to go out to sea to find fresh fish. That hard work goes on for long hours until the sun goes down, where he then distributes the day’s catch to restaurants and to the public. Like him, nearly […]
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19 food production projects split $400K in financing from World Central Kitchen
January 18, 2021
World Central Kitchen announced 19 new participants of its sixth round of grants totaling $400,000 available through the Food Producers Network, formerly known as the “Plow to Plate” program. The nonprofit’s food security and resilience program offer direct financial support to small farmers, fishermen, agribusinesses and associations to regenerate their capacity for production, distribution and […]
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$20M passenger building complex planned for San Juan’s Pier 3
January 15, 2021
Construction of a new $20 million passenger building complex on San Juan’s Pier 3 will get underway in March, when Duty Free Americas will break ground on the project, Puerto Rico Ports Authority Executive Director Joel Pizá confirmed. The two-story building — which will house a Duty Free shop on the ground floor and 16,000 […]
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Puerto Rico’s casinos report $54M in pandemic losses
January 15, 2021
Puerto Rico’s 16 casinos lost $54 million from July to December 2020, when compared to the same period in 2019, as a result of the COVID-19 restrictions, Puerto Rico Tourism Co. Executive Director Carlos Mercado said. From July to December 2019 the industry reported $147 million in revenue, which was reduced to $93 million during […]
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