Puerto Rico Treasury Secretary Francisco Parés announced that starting Monday and through May 1, individuals who are self-employed will be able to request the $500 economic incentive announced by the governor, through the agency’s Unified Internal Revenue System (SURI, in Spanish). “Following the Strategic Plan to reactivate the economy, announced by Gov. Wanda Vázquez, on […]
Puerto Rico Gov. Wanda Vázquez confirmed she will extend Puerto Rico’s lockdown — which calls for the closure of most businesses — and will make changes to the previously established curfew in Executive Order 2020-023 to add two more hours. The lockdown will be extended until April 12, stepping up government efforts to curb the […]
The Estudios Técnicos analysis firm estimated that based on the information it had as of Wednesday, sectors of Puerto Rico’s economy directly affected by the lockdown in place to fight the spread of the coronavirus COVID-19 will suffer a loss of $2.7 billion in direct economic activity during the remainder of 2020. That may in […]
A survey conducted by A&Answers this week revealed that, among other things, 80% of Puerto Rico residents are very worried about the spread of the COVID-19 virus and only 53% feels prepared to protect themselves against the disease. The conclusions were part of the “How does Puerto Rico feel about the current coronavirus situation?” which […]
The Federal Communications Commission’s Wireless Telecommunications Bureau granted “special temporary authority” to carrier AT&T to use additional spectrum to serve Puerto Rico and U.S. Virgin Islands during the coronavirus pandemic. The FCC is granting AT&T access to the AWS-4 spectrum, currently licensed to DISH, for 60 days to expand its network capacity to meet expected […]
The U.S. Census Bureau published the most recent data from the Annual Population Estimates for municipalities in Puerto Rico, which shows that from April 1, 2010 to July 1, 2019, seven towns lost at least 20% of its residents. According to the percentage change in the estimates, the seven municipalities that reflected this level of […]
Liberty Puerto Rico announced several initiatives in response to the ongoing lockdown in effect as a measure to contain the spread of the COVID-19 virus, including free access to Showtime, The Movie Channel and Flix, and free content on Liberty on Demand. The provider is also introducing no-contract offers and new hours for customer service […]
Puerto Rico’s already-battered economy stands to lose between $3 billion and $3.9 billion during a month-long lockdown and as much as $10.1 billion if the period stretches to three months, according to a study released by ABEXUS Analytics. The local startup that specializes in using analytics-related technology to help businesses connect data and the performance […]
The College of Engineers and Surveyors of Puerto Rico offered the government Task Force assistance to treat and contain the effects of COVID-19 by helping to provide medical facilities quickly to meet the expected increased demand for hospital services, which has been the global challenge to deal with the virus. “It’s evident that the countries […]
Employment in Puerto Rico’s only large county, the municipality of San Juan, increased 1.7% from September 2018 to September 2019, the U.S. Bureau of Labor Statistics confirmed. Large counties are defined as those with 2018 annual average employment of 75,000 or more. Chief Regional Economist Martin Kohli noted that in September 2019, San Juan’s employment […]
Triple-S Salud announced the launch of “Triple-S at Home,” a platform that allows members of its commercial and Medicare Advantage plans to order, manage and schedule home delivery of their prescription drugs through a mobile application. The launch moved ahead of schedule in response to the COVID-19 outbreak to give members an additional option to […]
Looking to boost growing local businesses, the Fundación Mochileando 100×35, sister organization to Puerto Rico’s most far-reaching travel blog, Mochileando, launched the “Despega tus sueños” (“Let your dreams soar”) initiative, to award $5,000 to two budding entrepreneurs. Wilson Santiago, travel blogger and president of the nonprofit organization, explained that this program is relevant right now, […]
Two local companies have reached a significant agreement that will benefit 150 employees currently out-of-work because of the islandwide lockdown. In a statement, the management of local supermarket chain SuperMax and Grupo Colón-Gerena, operator of the Red Lobster and Sizzler in Puerto Rico have partnered to safeguard the restaurant employees by relocating them to supermarket […]
International Hospitality Enterprises confirmed the temporary lay-off of “a great part of its team,” estimated at about 1,600 people. IHE President José M. Suárez said, “In the face of the global crisis caused by the coronavirus, and the economic impact and uncertainty that it generates for the tourism and hospitality industry in Puerto Rico, we […]
The Puerto Rico Science, Technology and Research Trust and the Puerto Rico Public Health Trust announced the start of a pilot project to establish local telemedicine and telehealth programs, with a $500,000 grant from the U.S. Department of Agriculture grant. With the funding, the nonprofits will buy specialized equipment that will allow remote health services […]
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