Looking to showcase outstanding women in science, technology, engineering and mathematics (STEM) disciplines, Ciencia Puerto Rico (CienciaPR) has published the Seeds of Success Women in STEM Collection, which currently features almost 160 Puerto Rican and Latina scientists. The collection — the largest of its kind in the world, according to the nonprofit — highlights women […]
Puerto Rican consumers spent an average of $500 a month on groceries, or 18% more than the average $422 spent last year, the Chamber of Marketing, Industry and Food Distribution’s annual Consumer X-Ray revealed. “Spending appears to be driven by an increase in the frequency of visits to supermarkets, which registered an average of eight […]
With the goal of providing supplementary assistance to university students who show financial need, the Puerto Rico Community Foundation and the Hispanic Federation announced the granting of 195 scholarships from the Hispanic Federation Puerto Rico Recovery and Relief Fund to students from 57 towns on the island. The scholarship recipients are enrolled in a diversity […]
Media company Olympusat International, LLC. announced the availability of its Free TV service, an ad-supported app based on-demand video service, in Puerto Rico on internet-connected devices through Google Play Store, Apple Store, Apple’s iOS, and on the internet. “It is with a great deal of excitement that we can now say that we’re offering access to our world-class […]
Start-up accelerator parallel18 conducted its traditional DemoDay with a generation composed entirely of Puerto Rican companies that presented their business proposals and their achievements through the Zoom virtual platform. This is the first generation whose curriculum was entirely virtual because of the COVID-19 pandemic, the nonprofit confirmed. This cohort’s roster of participants includes: Raincoat, an […]
Puerto Rico’s retail sales increased by 14.8% in July, compared to the same month of the previous year, according to the Retail Sales Report issued by the Department of Economic Development and Commerce’s Office of Economic Analysis. Retail sales reached $2.8 billion in July, four months into the restrictions on the economy put in place […]
Medical Card System Inc. announced it has invested some $60 million through Oct. 1 to help improve the social determinants that affect the chronic conditions of more than 121,000 of its members. The investment includes $16 million for its “MCS Classicare Te Paga Card-The Original” initiative. The benefits of the card, which is approved by […]
An analysis of the Airbnb travel platform showed that 80% of the searches that Puerto Rico residents carried out in August and September were to travel within the island. The trips will be domestic with the possibility of working from the accommodation and with a family profile, the travel platform said. Locations are chosen based […]
Puerto Rico government officials inaugurated the Alpha taxiway at the Mercedita International Airport in Ponce, following a $10.7 million renovation, Puerto Rico Ports Authority Executive Director Joel Pizá-Batiz said. The Alpha taxiway is the main access for aircraft to use to and from the runway during take-off and landing operations. Pizá Batiz said that the […]
Puerto Rico’s credit union reported a 9.5% growth in assets between March and June, at the peak of the COVID-19 pandemic, drawing 10,000 new members and retaining some 3,000 employees, Eddie Alicea-Sáez, president of the Credit Union Executives Association confirmed. The association known as ASEC in Spanish stated that participating credit unions accrued an additional […]
Fermín Fontanés, executive director of the Puerto Rico Public-Private Partnerships Authority, provides an update on several proposals in the pipeline in the areas of energy and transportation, as well as the effects of the COVID-19 pandemic on the proceedings.
The Puerto Rico Electric Power Authority spent $192 million to buy land or to develop projects that were not built or completed, according to an audit by the Puerto Rico Office of the Comptroller. The report reveals that PREPA spent $62.2 million in the cancellation of the Gasoducto del Sur natural gas pipeline project, disbursed […]
The Financial Oversight and Management Board for Puerto Rico announced that the Puerto Rico Education Department made at least $80 million in payments over 13 years to employees who had resigned, are retired, are deceased, on vacation, or otherwise not working because the agency “lacks an automated system that ensures only employees who are working […]
The Coalition for Food Insecurity Puerto Rico, the Puerto Rico Retailers Association (ACDET, in Spanish), and the Chamber of Marketing, Industry and Food Distribution (MIDA, in Spanish) applauded U.S. House Speaker Nancy Pelosi and the House Democratic caucus on including key nutrition provisions addressing food insecurity in Puerto Rico in the newly updated HEROES ACT. […]
The Roberto Clemente Municipal Sports Complex in Carolina will be rebuilt with help of an obligation of nearly $9.5 million from the Federal Emergency Management Agency. The facility consists of several structures built between 1988 and 2009. These include a playground for children with access and functional needs, the Guillermo Angulo Coliseum and a Sports Hall of […]
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA