Wyndham Grand Río Mar Golf and Beach Resort reopens to local residents
June 4, 2020
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 […]
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Discover Puerto Rico looks to tell consumers ‘it’s safe to visit our island’
June 4, 2020
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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U.S. Dept. of Justice awards $4.9M to Puerto Rico towns to hire police officers
June 3, 2020
The U.S. Department of Justice announced it is awarding a combined $4.9 million to six Puerto Rico towns to hire a total of 75 full-time law enforcement professionals, the agency announced. The funding is part of a global $400 million assignment through the agency’s Office of Community Oriented Policing Services (COPS Office) COPS Hiring Program […]
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Caribbean tourism sector to work together on recovery
June 3, 2020
Discover Puerto Rico joined industry leaders from the Caribbean Hotel & Tourism Association (CHTA), Marriott International, Delta Air Lines and the Aruba Tourism Authority to discuss the impact on the tourism sector throughout the region and what travel will look in the Caribbean for the remainder of 2020 as the region emerges from COVID-19. During […]
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Puerto Rico insurers ‘ready’ for hurricane season
June 3, 2020
Insurance providers grouped under the Puerto Rico Association of Insurance Companies (ACODESE, in Spanish) have their different contingency plans ready to deal with any emergency that arises during the hurricane season that began June 1, the Association’s Executive Director Iraelia Pernas said. Pernas said that as part of the preparation process, and as a result […]
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Grupo Colón-Gerena donates $12K in food to El Comedor de la Kennedy
June 3, 2020
Six of 10 minors in Puerto Rico go to bed hungry and to battle against this reality caused by poverty, the Grupo Colón-Gerena established an alliance of food donations, as well as voluntary work with the nonprofit entity El Comedor de la Kennedy, by Chef Iván Clemente, who serves thousands of people every month. This […]
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Urban Edge Properties closes $119M debt refinancing at The Outlets at Montehiedra
June 2, 2020
Urban Edge Properties announced it has completed the refinancing of its $119 million mortgage loan at The Outlets at Montehiedra in San Juan. The existing commercial real estate loan was due to mature in July 2021 and consisted of an $83 million senior note bearing interest at 5.33% and a $36 million junior note, including […]
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Food Bank of Puerto Rico, partners distribute $1M in food, vouchers, gift cards
June 2, 2020
In the face of the food emergency associated with the COVID-19 pandemic, the Food Bank of Puerto Rico and a number of heavy-hitting partners have destined a combined $1 million in vouchers, certificates and gift cards to needy sectors to buy food in certain establishments, the nonprofit announced. The initiative is possible through alliances with […]
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Ports Authority resumes resurfacing in Puerto Nuevo Port Area
June 2, 2020
The Puerto Rico Ports Authority resumed the repavement of critical areas on Avenida C in the Puerto Nuevo Port Zone, agency Acting Executive Director Joel A. Pizá-Batiz announced. The resurfacing works represent an investment of $352,865 and had been temporarily interrupted in March due to the COVID-19 global pandemic, and should be completed in two […]
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Gov’t authorizes $49M in aid to private hospitals for COVID-19 expenses
June 1, 2020
The government has authorized $49.5 million in funding to assist Puerto Rico’s private hospitals reimburse expenses related to the COVID-19 emergency. Gov. Wanda Vázquez said the funding comes from the Private Hospital Assistance Program, included in the Strategic Disbursement Plan under the CARES Act. “We recognize the challenges that our hospital institutions have had due […]
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Dept. of Transportation unveils initiative for emergency license, ID renewals
June 1, 2020
The Department of Transportation and Public Works (DTOP, in Spanish) announced an initiative to help residents who need current documents for emergency travel, medical treatments, vehicle exports, among others, during the shutdown of the government’s Driver Service Centers (CESCO, in Spanish). The special procedure will allow CESCO staff, “who have been provided with the necessary […]
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Labor Dept. moves jobless benefits ‘drive-up’ service to Convention Center
June 1, 2020
Starting today, the Puerto Rico Labor Department is moving its “drive-up” unemployment benefits document drop-off service to the Puerto Rico Convention Center in the Miramar sector of San Juan, agency Secretary Briseida Torres said. “Given the reopening of business activity and the need to provide a more efficient service to applicants, we decided to move […]
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Impactivo, Day Health Strategies partner to support healthcare providers
June 1, 2020
Impactivo and Day Health Strategies (DHS) have joined efforts to assist the nation’s primary healthcare providers and enable them to move forward in a world changed by COVID-19. The consultancies have partnered with researchers and practitioners nationwide to inform their newly launched “at-home healthcare solution” in the recently released white paper entitled, “Primary Care Transformation […]
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Economic impact of COVID-19 virus in Puerto Rico revised upward
May 29, 2020
The direct impact of the COVID-19 emergency on Puerto Rico’s economy has been revised upward to $9.7 billion, from an initial $6.9 billion, economic analysis firm Estudios Técnicos revealed. The 40.5% increase responds to an update of the parameters associated with the lockdown period and the month-equivalent magnitude of the initial impacts, the firm said. […]
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SBA, Treasury Department announce $10B for CDFIs to participate in PPP
May 29, 2020
The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, announced that it is setting aside $10 billion of Round 2 funding for the Paycheck Protection Program to be lent exclusively by Community Development Financial Institutions (CDFIs). CDFIs work to expand economic opportunity in low-income communities by providing access to financial products and […]
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