The U.S. Department of Justice gave its consent to Liberty Latin America’s acquisition of AT&T’s wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands but required Liberty to sell off certain B2B operations that are part of their footprint in Puerto Rico. Liberty Latin America expects a preliminary court order in the […]
Pall Life Sciences Puerto Rico LLC, a subsidiary of Danaher Corporation, announced a $4.5 million investment in a new electric and thermal energy cogeneration system at its plant in Fajardo, which has been in operation for 45 years. “Pall Life Sciences Puerto Rico LLC, reaffirms its commitment to invest in the island with a system […]
Puerto Rico’s most iconic sporting venues will soon begin to undergo structural repairs through a $15 million allocation from the Federal Emergency Management Agency, the agency announced. The Roberto Clemente Coliseum, Sixto Escobar Park, the Pedrín Zorrilla Coliseum, the San Juan Natatorium, the Baldrich Club tennis courts and the Dr. José Celso Barbosa Park will […]
Local entrepreneurs Douglas Ojeda and Glorymar Ortiz broke ground on what will be the $2.5 million Douglas Highway Hotel in Cabo Rojo, a 38-room property that will generate 70 direct and indirect jobs. On hand for the start of construction was Puerto Rico Tourism Co. Executive Director Carla Campos, who said “it’s encouraging and a […]
The U.S. Small Business Administration is encouraging Puerto Rico businesses and residents affected by Tropical Storm Isaias in July 2020 to submit their loan application for physical damages by Nov. 9, even if they have not settled with their insurance company. “Waiting to file an SBA application could cause unnecessary delays in receiving disaster assistance, […]
Bloomberg Philanthropies and the Flamboyán Arts Fund announced their collaboration on the Arts Innovation and Management Puerto Rico program to provide 10 Puerto Rico-based nonprofit organizations with bilingual arts management training and tailored consulting services for fundraising, strategic planning, and digital marketing. The Flamboyán Arts Fund is a partnership between Flamboyán Foundation, composer Lin-Manuel Miranda, […]
The Fiscal Agency and Financial Advisory Authority, or AAFAF, released a Request for Proposals to select an administrator for what it is calling the Broadband Infrastructure Fund, to expand the service into Puerto Rico’s rural areas. The government will allocate $400 million during Fiscal 2021 to support expansion efforts in unserved and underserved areas and […]
The Association of Private Colleges and Universities (ACUP, in Spanish), together with the University of Puerto Rico, unveiled the schematic model of a “Proposal for a New Puerto Rico 2030,” as part of a collaborative initiative aimed at promoting an evolution in the areas of education, social development, economic development, and infrastructure. “The education sector […]
Two years after starting operations at the Ernesto Ramos Antonini Residential in San Juan, Vimenti by Boys & Girls Clubs of Puerto Rico registered an improvement in the well-being of families, academic achievement of its students and levels of employability of its participants, program officials said. This was part of the findings of a report […]
Puerto Rican financial institution Oriental announced this week it will open a website for clients who received a loan through the U.S. Small Business Administration’s Payroll Protection Program to request forgiveness of all or part of their loan. The client must comply with the guidelines from the U.S. Department of the Treasury and the SBA. “As with […]
Nonprofit organization Vitrina Solidaria has opened a call for the Loíza Glocal Bootcamp project that seeks to train and advise entrepreneurs and of small and medium-sized businesses owners in Loíza to contribute to the socioeconomic development of that coastal municipality, Executive Director Raquel Skerrett-Escalera said. Since 2009, different community-based entities have managed to significantly reduce the problem […]
Puerto Rico Gov. Wanda Vázquez announced the allocation of $90 million in federal funds to subsidize the cost of internet connections for all public school students and teachers, which they will be able to request through Nov. 30, 2020. The aid, available through the CARES Act, will be up to $400 per participant and will […]
U.S. District Court Judge Laura Taylor Swain approved the contract between the Puerto Rico Electric Power Authority and LUMA Energy, determining it can be considered as an administrative expense for the power utility. The decision followed section 503 of the U.S. Bankruptcy Code, under which PREPA is covered. LUMA will charge PREPA some $60 million […]
One of the six candidates running for governor of Puerto Rico, César Vázquez, has unveiled an economic platform that, among other things, calls for spending $400 million on tourism strategies from the $2.2 billion in federal funds allocated to fight COVID-19. The candidate, who represents the Proyecto Dignidad movement, has a full section entitled “Economic […]
Formerly known as G Suite, Google’s new version of Workspace is a workable alternative to other mainstream document processors such as Microsoft Word and Apple Works. And probably cheaper, too. Workspace is less than $6 a month, unless, of course, one wants to upgrade to a more professional suite. I say workable because many corporations […]
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