Discover Puerto Rico and the Puerto Rico Tourism Co. on Monday unveiled separate but similar promotional strategies to jump-start tourist activity, which has declined significantly over the past several months since COVID-19 arrived at the island. While the Tourism Co.’s effort seeks to mobilize some 410,000 residents to vacation on the island during the summer […]
The Puerto Rico Association of Shopping Centers said following a “successful” first week of reopening after a nearly three-month shutdown, they are “ready for the next phase,” and asked Gov. Wanda Vázquez to allow them to return to regular operating hours. “We’re proud of the result of the reopening, since it was carried out in […]
Grupo Colón-Gerena, parent company of the Olive Garden franchise in Puerto Rico, announced the opening of its sixth location on the island, following an investment of $2.6 million. The 6,000 square-foot restaurant is the first in the southern region, located in Santa Isabel. It is generating 92 jobs in the midst of the COVID-19 pandemic. […]
The head of the Puerto Rico Telecommunications Alliance, Felipe Hernández, called on lawmakers to hold public hearings on House Bill 1333, which the group claims would increase the internet and cellular service bills for local consumers and could bankrupt nearly 100 Puerto Rican small businesses that serve more than 300,000 subscribers. Hernández demanded that House […]
Starting on June 23, Puerto Rico consumers applying for subsidized telecommunications services will have to go through the National Lifeline Eligibility Verifier to validate that they qualify for services. On that date, telecommunications carriers that participate in the subsidy program must cease using older eligibility processes to complete enrollments, the Federal Communications Commission’s Wireline Competition […]
The Entrepreneur Challenge — an initiative headed by the Department of Economic Development and Commerce’s Youth Development Program — has entered its second phase, during which it will select 10 participants to present their business proposals, the agency confirmed. “After launching the challenge for the second consecutive year in February, 280 young people stepped forward […]
By Larry LuxnerSpecial to News is my Business Sen. Mike Lee, a Utah Republican viewed as one of the most conservative members of Congress, said lighting “a Dumpster full of manure on fire” would be an appropriate way to mark today’s 100th anniversary of the Jones Act. The controversial legislation, approved by Congress on June […]
Triple-S Vida, a subsidiary of the Triple-S Group, announced its acquisition of United Surety & Indemnity Co.’s (USIC) portfolio of cancer, life and Temporary Non-Occupational Disability Insurance (Sinot, in Spanish) policies to expand its offer in Puerto Rico’s life insurance market. “We saw the opportunity to grow our portfolio with this acquisition that includes more […]
The Puerto Rico Nonprofit Capacity Building Network, a collaboration among Enterprise Community Partners, NeighborWorks America and the Puerto Rico Community Foundation announced the six Puerto Rico nonprofits selected for the inaugural cohort of the Puerto Rico Leadership Development Initiative. The six nonprofits, representing all major regions across the island, will each receive a $35,000 grant, […]
Through a collaborative effort for the benefit of the community, the Federal Emergency Management Agency has joined the Polytechnic University of Puerto Rico with the municipality of Loíza to begin the initial phase of building a new Emergency Operations Center. The academic institution will donate the plans for the design of the structure located in […]
Effective today, the Puerto Rico Treasury Department will open a link through the Unified Internal Revenue System (SURI, in Spanish), so that eligible small and medium businesses can apply for the second round of financial aid approved under the CARES Act. Treasury Secretary Francisco Parés said the approved incentives for small and medium-sized businesses will […]
Medical technology company Haemonetics Corp. announced that it has entered into a definitive agreement to sell its Fajardo manufacturing operations to GVS, S.p.A, a provider of advanced filtration solutions for critical applications. Under the terms of the agreement, upon closing, Haemonetics will retain all intellectual property rights to its proprietary blood filters currently manufactured at […]
Nonprofit organization Habitat for Humanity announced the opening of its call to receive applications from low and medium income families and individuals interested in buying a property in its new multifamily housing project — a four story building with 12 units located on Avenida Ponce de León 1257 in Santurce. The project, which includes the […]
The Wyndham Grand Río Mar Puerto Rico Golf & Beach Resort reopened its doors after temporarily suspending operations to comply with government measures against the COVID-19 pandemic. For now, the resort is welcoming only Puerto Rico residents, hotel officials said. The beachfront property in Río Grande is implementing “rigorous protocols in addition to regular cleaning […]
Discover Puerto Rico is executing plans based on research, which shows consumers are committed to travel and to receive information from destinations on where to travel next, organization officials said during a virtual industry update. “The organization has kept Puerto Rico top-of-mind since the beginning of the COVID-19 lockdown and is eager to tell consumers […]
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