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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Burns & McDonnell to support PREPA’s grid revitalization process
January 15, 2021
Kansas City-based Burns & McDonnell has been awarded a contract for program management services to support the Puerto Rico Electric Power Authority (PREPA) with the revitalization of Puerto Rico’s electrical grid. The financial terms of the agreement were not disclosed. The work will be primarily funded by the Federal Emergency Management Agency (FEMA) and Community […]
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Puerto Rico’s new car dealers saw 10.9% drop in sales in ’20
January 15, 2021
New car sales reflected a 10.9% drop in 2020, when 95,019 units were sold, in comparison to 106,624 sold in 2019, according to the latest report by the United Automobile Importers Group. During a presentation, the trade group known as GUIA in Spanish, said fleet sales represented 8.4% of total sales with 7,976 units. That […]
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Puerto Rico Tourism Co. vows to get tough with unruly tourists
January 14, 2021
The Puerto Rico Tourism Co. is working with municipal authorities in the towns of San Juan and Carolina to crack down on the unruly behavior displayed by groups of visitors to the island, some of which have made the rounds on social media in recent months. Tourism Co. Executive Director Carlos Mercado confirmed in an […]
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Puerto Rico Tourism Co.’s new exec. director taking 3-pronged approach to recovery
January 14, 2021
Carlos Mercado, the newly named head of the Puerto Rico Tourism Co., said the agency has a three-pronged approach to working with the industry as it begins recovering from the COVID-19 business downturn. The official is hitting the ground running, as he had already built a relationship with members of the sector while acting as […]
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InterAmerican University moving forward on Orlando campus
January 14, 2021
ORLANDO, FL. — The InterAmerican University of Puerto Rico’s plans to have a new bilingual campus in Lake Nona is becoming a reality, after the Orange County government gave its approval for its construction at the end of last year. Orange County District 4 Commissioner Maribel Gómez-Cordero told News is My Business that she presented […]
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Pierluisi creates steering committee to oversee LUMA Energy contract
January 14, 2021
Gov. Pedro Pierluisi announced the creation of a steering committee to oversee the Public Private Partnership contract to run the Puerto Rico Electric Power Authority’s transmission and distribution granted to LUMA Energy. The steering committee was established in response to Executive Order 2021-012, which calls for overseeing and ensuring that the enactment of the contract […]
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Puerto Rico Treasury opts into $325M federal rental assistance program
January 13, 2021
The Puerto Rico Treasury Department has filed an application to participate in the newly announced Emergency Rental Assistance Program run by the U.S. Department of the Treasury that could represent $325 million in aid for the island, this media outlet confirmed. The federal government is making a total of $25 billion available to assist households […]
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Puerto Rico Community Foundation gets $25M to strengthen community aqueducts
January 13, 2021
The Puerto Rico Community Foundation will receive $25 million in government funding to establish energy redundancy systems that include solar systems and emergency generators in Puerto Rico community aqueducts, to guarantee their uninterrupted operation given that they provide drinking water to thousands of families, the nonprofit announced. The Foundation signed a grant funding contract with […]
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80 gov’t buyers transitioning to General Services Administration
January 13, 2021
About 80 buyers from different government agencies are being transitioned into the General Services Administration, as part of the new government procurement system to generate efficiencies, agency Director Karla Mercado-Rivera announced. The transition should take about 90 days to complete, she said. “Once this transition is complete, all government purchases will be made centrally with […]
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Cidre: ‘Ramping up pharma production requires permanent air hub’
January 12, 2021
Department of Economic Development and Commerce Secretary Manuel Cidre will head to Washington, D.C. next month to lobby — along with Resident Commissioner Jenniffer González — for the permanence of Puerto Rico’s status as a hub for foreign air carriers. Extending the two-year waiver that the U.S. Department of Transportation granted the island in April […]
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College students invited to compete in ‘Challenge to Innovate: NASA Edition’ program
January 12, 2021
Puerto Rican undergraduate students majoring in electrical, mechanical, computer, agricultural, or industrial engineering, as well as computer science, will have the opportunity to participate in the “Challenge to Innovate: NASA Edition” competition. The initiative of the Puerto Rico Science, Technology and Research Trust’s pre18 program and its Technology Transfer Office, together with Engine-4, will offer […]
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Practical Techie: Is TikTok a dangerous app?
January 12, 2021
Social media users were swamped the past year with recommendations to protect their privacy and get rid of TikTok from their cell phones. TikTok is a video social networking app owned by the Beijing-based company ByteDance. United States security agencies think it has too many ties to the Chinese government, which is not an anomaly […]
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