Evertec announced its partnership with #GivingTuesdayPR by working with the more than 1.3 million users so they contribute and support nonprofits in their fundraising event. GivingTuesdayPR is part of a global effort to raise awareness about the work these organizations do in Puerto Rico In its third year on the island, #GivingTuesdayPR once again joins […]
The U.S. Small Business Administration approved (SBA) approved 439 loans for $78.2 million to small businesses in Puerto Rico and the U.S. Virgin Islands during fiscal year 2019, a 35% and 28% increase, respectively, over the previous year, the agency announced. Of the total loans approved, 189 for $39 million were for small businesses in […]
Hampton Inn Suites by Hilton San Juan recently celebrated its 22nd anniversary, with an event at the Isla Verde property that included a $65,000 donation to different organizations through the Puerto Rico Community Foundation. This year the donations were dedicated to the Boys & Girls Club of Puerto Rico, Centro del Triunfo, Hogar de Niñas […]
The Puerto Rico Small Inn Owners and Tourism Association confirmed their members are “ready to welcome the hundreds of families that frequently choose the “paradores” to celebrate the upcoming long Thanksgiving weekend. “This year, the Thanksgiving weekend extends for up to five days, as many schools, businesses, and government offices close Wednesday. Our hotels are […]
The Puerto Rico Society of CPAs warned over the weekend about the implications of certain technical amendments approved in the Tax Reform during the legislative session ended last week, which were introduced at the last minute and without having been discussed in public hearings. David González-Montalvo, president of the CPAs, said “many of the amendments […]
A Special Investigation conducted by the Puerto Rico Office of the Inspector General found that former government contractors and former employees of BDO Puerto Rico still have ties with the government of Puerto Rico, under new companies. In addition, the investigation revealed that government officials may have committed ethical and legal violations in when formalizing […]
The Verdanza Hotel, a family-owned independent property in Isla Verde, is a few details away from completing a $4 million renovation that encompasses new décor throughout and a redesign of its 80Twenty restaurant and its menu. The refreshed look of the eatery, which serves breakfast, lunch and dinner, comprises a more modern setting, with minimalist […]
A report released by Queremos Sol, a coalition of nonprofits, based on data from the Puerto Rico Electric Power Authority concluded that, with new distributed generation technology such as rooftop renewables, and increased energy efficiency, Puerto Rico could save millions of dollars. Instead, the utility has proposed investing over the next 20 years in maintaining […]
Tropizen, a licensed local cultivator and manufacturer of medical cannabis products, has signed an exclusive licensing agreement that will allow it to sell its locally manufactured Tropizen Pique hot sauce and Tropizen Real Fruit Gummies in six states, starting with Maryland. “We’re thrilled to become the first industry player to launch our Puerto Rico-based products […]
The Puerto Rico Housing and Human Development Trust (FIDEVI, for its initials in Spanish) announced the granting of $102,000 in funds for rehabilitation and reconstruction projects to various nonprofit entities that address affordable and accessible housing needs for vulnerable and very low-income populations. The funds awarded will be allocated to three projects initially, including: Worthy […]
Fairmont Hotels & Resorts and ESJ Resort LLC today announced the signing of an agreement for Fairmont Hotels & Resorts to become the new manager of El San Juan Hotel in Isla Verde. The property will join the globally renowned Fairmont collection of luxury hotels, as Fairmont El San Juan Hotel, no longer being run […]
El Distrito entertainment complex will be filled with the taste of the Major Leagues with the opening of Pudge’s Pizza, the gastronomic offering by Baseball Hall of Fame Catcher, Iván “Pudge” Rodríguez, Federico Stubbe, Jr. president of PRISA Group, developer of the complex announced. Stubbe explained that his company acquired the rights to the Pudge’s […]
The Federal Emergency Management Agency has awarded more than $3.7 million in additional funds to the towns of Coamo and Salinas to cover costs related to Hurricane María. These awards bring the amount of funds obligated under FEMA’s Public Assistance program to nearly $6 billion, the agency said. The latest grants are as follows: $1.6 […]
Sometimes, the third time’s the charm for achieving success. This may just be the case for the island’s only New York-style bagel restaurant, which after several attempts at starting the business, has finally found a home at the Paseo Caribe complex. The concept was born in 2015, when Alvin Quiñones and former business partner Dimitri […]
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