Given the crisis that Puerto Rico is experiencing due to the coronavirus (COVID-19) preventive lockdown, several major banks and financial institutions are taking special measures to attend to customers, mostly remotely. The Puerto Rico Bankers Association said among other measures, local banks have implemented recurring periods of hand washing for employees, a control of the […]
The Public Corporation for the Supervision and Insurance of Puerto Rico Cooperatives, known as Cossec, authorized credit unions to offer loan moratoriums to its members, according to its regulations. Pedro Roldán-Román, interim CEO of Cossec, said every cooperative wanting to help its members and customers whose incomes are affected following Gov. Wanda Vázquez’s state of […]
The Puerto Rico Tourism Co. issued a detailed explanation of the effects of the executive order released by Gov. Wanda Vázquez, and how they apply to the tourism sector, including airports, hotels, transportation and the workforce. Following is the guide as it was published in its entirety and signed by Tourism Co. Executive Director Carla […]
Destilería Serrallés Inc. announced that, in response to the emergency situation that Puerto Rico is experiencing due to the recent detection of the Coronavirus, or COVID-19, it has begun production of ethyl alcohol with a concentration of 70% that it will donate to hospitals and health clinics throughout Puerto Rico. This type of alcohol, which […]
Given the emergency situation that Puerto Rico faces, credit unions will continue to operate during limited hours, with strict prevention measures, and offer their services online as usual, Credit Union Executives Association Executive Director José Julián Ramírez said. The 113 financial institutions have reinforced health measures since last week in the face of the COVID-19 […]
“Good morning, People of Puerto Rico. On March 12, I decreed a State of Emergency due to the situation that Puerto Rico and the world are experiencing as a result of the coronavirus (COVID-19). Since then, I have urged citizens to maintain social distance to avoid contagion as a result of the first cases reported […]
Gov. Wanda Vázquez declared a state of emergency to activate the Puerto Rico National Guard, which, in conjunction with the Health Department, will screen passengers at the Luis Muñoz Marín Airport in San Juan, as well as the air facilities in Aguadilla, Ponce and Ceiba. She also cancelled events that draw massive crowds scheduled from […]
A steady string of event cancellations and postponements have been the order of the day in Puerto Rico, as concerns grow over the potential spread of the COVID-19 coronavirus. Although there have been no confirmed cases yet, there are at least a dozen patients showing possible symptoms of COVID-19 in Puerto Rico. As a result, […]
SG Residential, the licensee of container-based structure designer and fabricator SG Blocks Inc., announced it plans to launch construction of two projects in Puerto Rico to help address the housing crisis following Hurricane María in 2017. SG Residential has acquired a development site in Guayama, where it expects by the end of the first quarter […]
As part of the precautionary measures that the Puerto Rico Ports Authority is taking to prevent the COVID-19 coronavirus at the Ponce and Aguadilla international airports, all public areas will be disinfected before and after each flight, both domestic and international, the agency’s Interim Executive Director Joel A. Pizá-Batiz confirmed. “Although we cannot prohibit the […]
BurgerFi, one of the nation’s fastest-growing gourmet burger chains, is opening its first location of its fast-casual concept in Guaynabo, which is opening today. A second location will open by year’s end with several more projects being considered for 2021 across the island, the company said. As this media outlet first reported last year, the […]
Learning Undefeated, a nonprofit organization that provides life-changing STEM experiences for under-resourced communities, announced that for the first time it will provide mobile STEM lab resources outside the continental United States. Working in partnership with the Puerto Rico Science, Technology & Research Trust, Learning Undefeated’s will take its MdBioLab to southwestern Puerto Rico, where it […]
Two major events scheduled to take place in Puerto Rico in coming weeks have been canceled as a result of global travel concerns amid the spread of the COVID-19 virus. While there have been a number of suspected cases reported in Puerto Rico, none have yet been confirmed as coronavirus patients. However, Tales of the […]
The Federal Emergency Management Agency and the Central Office for Recovery, Reconstruction and Resilience, or COR3, have destined an additional $37.8 million in funds for 116 recovery and reconstruction projects in Puerto Rico. The funds were approved between Feb. 28 and Mar. 6 and include more than $1.2 million for the Ponce Port Authority for repairs to the crane systems […]
Claire Babineaux-Fontenot, CEO of Feeding America, traveled to Puerto Rico this week to inaugurate the new 30,600 square-foot facilities of the Food Bank of Puerto Rico in Carolina, at an investment of more than $3 million. Because Feeding America is the largest organization for the mitigation of hunger in the United States, her trip to […]
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA