The rise in COVID-19 cases has caused the cancellation or postponement of most in-person group events to at least 2021, Discover Puerto Rico, the island’s destination marketing organization, confirmed. “There was optimism in the early days of the pandemic that live meetings would resume in the fall. However, planners are now anticipating it will be […]
The Chairman of the Puerto Rico Institute of Statistics’ board, Economist Nicolás Muñoz, He urged all mayors to mobilize the resources of municipal agencies to visit houses street by street, combing through all communities to alert families to the importance of filling out the 2020 Population Census form. This while taking all the prevention and […]
Grupo Colón-Gerena, the franchise holder for Applebee’s casual dining restaurants in Puerto Rico, announced the opening of the chain’s eighth location, near the Montehiedra Outlet center. The new eatery opened its doors recently, following a $1.6 million investment that will also create 169 new jobs, the company said. Due to the timing of the opening, […]
The Federal Emergency Management Agency (FEMA) and the Central Office for Puerto Rico Recovery, Reconstruction and Resilience, or COR3, announced the obligation of nearly $62 million in additional funds for 89 projects related to the recovery and reconstruction of Puerto Rico after Hurricane María. The funds were assigned on July 10-16 and include $23 million […]
NYC & Company, the official destination marketing organization for the five boroughs of New York City, is expanding upon its virtual offerings and spotlighting online experiences to engage New Yorkers and travelers who are currently unable to visit the destination, it announced. The “NYC Virtual Field Trips” online resource comprises five-borough arts organizations and tourism […]
U.S. Customs and Border Protection San Juan Field Operations confirmed the seizure of about 1,000 counterfeit designer and luxury watches in a commercial shipment coming from the Dominican Republic. The estimated worth of the seized products is some $420,583, had the goods been genuine, the agency said. “Fake watches don’t have the quality of […]
Nonprofit organization PathStone Enterprise Center Inc. announced the official launch of its Technical Assistance Program for Government Procurement, through which 150 small businesses in Puerto Rico will be trained free of charge to compete for contracts with the federal and state governments directly or as subcontractors. With a $3.8 million grant from the U.S. Economic […]
Puerto Rico Gov. Wanda Vázquez announced a revision of Executive Order 2020-054 establishing that businesses will remain closed on July 26, except pharmacies, supermarkets, gas stations and restaurants. She also banned the sale of alcoholic beverages that day. “We’ve seen a lack of control on the weekends, especially on Sundays, when many people forget that […]
CooperVision, a company dedicated to making contact lenses, announced a $150 million investment to expand its Juana Díaz manufacturing plant and create 225 new jobs, company and government officials said. The project also entails the certification of 285 current employees in new highly automated technology, Department of Economic Development and Commerce Secretary Manuel Laboy and […]
A group of four interrelated Puerto Rico security guard companies and their principals have been ordered to pay a total of $715,685 in back wages and damages to 400 employees for their willful violations of the Fair Labor Standards Act (FLSA). The decision comes after the U.S. District Court for the District of Puerto Rico […]
The Center for Economic Renewal, Growth and Excellence (CRECE, for its acronym in Spanish) unveiled the results of the 2019 Economic Freedom Index for Puerto Rico, which showed that the island ranked 69 out of 180 countries with a score of 64.4, representing an increase of 3.4 points vs. 2018. Based on The Heritage Foundation […]
The Puerto Rico Aqueduct and Sewer Authority (PRASA) and the Puerto Rico Electric Power Authority (PREPA) announced separately over the weekend that they will begin offering expanded customer service alternatives, including scheduling appointments prior to visiting an office. PRASA Executive President Doriel Pagán-Crespo said that effective today, customers will be able to get virtual appointments […]
The Department of Economic Development and Commerce (DDEC, in Spanish), jointly with the Echar Pa’Lante Multisectoral Alliance, are sponsoring a series of trainings for college professors on entrepreneurial mindset, the Youth Startup Experience and a symposium led by Babson College. “For the past four years, our agency has been collaborating with Babson College, through the […]
Oriental announced it will be adjusting service hours at its branches in Puerto Rico, in response to the spike in COVID-19 cases on the island. The changes go into effect today. Branches: From Monday to Friday they will offer services until 3 p.m. Customers are required to make their appointment in advance; Drive-up windows: Will […]
Puerto Rican firm Isla Frio Refrigeration Corp. announced its acquisition of the former PepsiCo plant in the town of Cidra, which it will split into several areas for different services. In all, the firm invested $3 million in the property that closed down after Hurricane María pummeled the island in 2017. The property did not […]
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA