The Puerto Rico Tourism Co. received the first prize in the “Overcoming Adversity” category during the World Routes 2019 convention, a worldwide aviation event held in the city of Adelaine, Australia. “Having faced three unprecedented crises between 2016 and 2017, the organization implemented crises recovery management plan that included restoring core flights and re-establishing international […]
By Rafael R. Díaz-Torres | Center for Investigative Journalism The awareness that the governments of coastal municipalities and the central government have about sargassum and the challenges that this marine species present to communities, ecosystems and businesses has not been enough to integrate how it will be managed in the mitigation plans prepared by the […]
The Federal Aviation Administration is awarding $13.7 million to finance infrastructure improvement projects at nine airports throughout the island. The funding is part of $3.18 billion set aside through the Airport Improvement Program (AIP) for airports across the United States and its territories. “This significant investment in airport improvements in Puerto Rico will fund construction and rehabilitation […]
Global bakery manufacturer and ingredients supplier Dawn Foods today announced the sale of its Puerto Rico distribution operation to Able Sales Company, a supplier of sweeteners and ingredients to the food and pharmaceutical industries on the island. The financial terms of the deal were undisclosed. “We’re excited by the synergies created by teaming up with Dawn,” […]
Medtronic’s facilities in Juncos served as the stage to kick off Manufacturing Week 2019, an annual event organized by the Puerto Rico Manufacturing Extension (PRiMEX) with support from the Puerto Rico Industrial Development Co, and the Puerto Rico Manufacturers Association. The events will take place from Sept. 23 to Oct. 4 under the theme “Developing […]
With the purpose of increasing women’s participation in the technology sector, Piloto 151, with its series Womentechover, and Evertec, announced the launch of a speaker series in Puerto Rico and Latin America to highlight the stories of female leaders in the industry who can serve as role models and help move the diversity needle. The […]
Parallel18, the global business accelerator operating since 2015, carried out the pre18’s second-generation DemoDay where more than 30 local companies presented their products and services. During the event, six companies received awards in different categories. Amasar won the Entrepreneurial Spirit Award sponsored by the Business Council of Latin America. This award recognizes a company that […]
Evertec Inc. has awarded 135 scholarships to outstanding students from Puerto Rico and Latin America. In the past five years, Evertec has granted more than $500,000 in scholarships to students who are pursuing bachelor’s, master’s, and doctoral degrees at more than 25 universities. The Evertec Scholarship Program, which is now celebrating its fifth anniversary, supports […]
Less than a month after taking over the box office contract for the Coliseo de Puerto Rico José Miguel Agrelot, local firm Ticketera announced it had operated uninterruptedly in the face of “unprecedented traffic” generated by the sale of Daddy Yankee concert tickets this week. The urban music artist sold out two concerts at the […]
The U.S. Department of the Treasury awarded $2.5 million in grants to 20 credit unions through its Community Development Financial Institutions Fund to develop more community impact projects, the Credit Union Executives Association announced. Each credit union will receive $125,000 to allow them to prepare to access federal and private funds that will be invested […]
PRatian LLC, a Puerto Rican company dedicated to the development of aerospace technology to solve agricultural problems, has been selected to receive a $200,000 grant from the U.S. Department of Agriculture’s Small Business Innovation Research program. “It is the first time an agricultural company from Puerto Rico wins these funds in more than 20 years,” […]
On the two-year anniversary of Hurricane María’s devastating path through Puerto Rico, wireless carrier T-Mobile announced the first round of its T-Mobile Foundation Regional Grants for Puerto Rico, granting $10,000 each to Para la Naturaleza, Extra Bases Foundation and the Special Olympics. Since the hurricane devastated the island, T-Mobile has spared no expense to rebuild […]
In recent years we have seen in Latin America a rushed process of urbanization, which has brought several challenges for the region. In turn, it has given visibility to the great contrasts that still exist in our countries, being that although much of the population of the region lives in cities, there are still many […]
The Maritime Transportation Authority is proposing a change the fare structure for ferry service between Puerto Rico and the island municipalities of Vieques and Culebra that would charge non-residents $11.25 per trip. Fares for residents of the two islands would remain the same. The proposed revisions also call for hikes on fees charged to transport […]
A total of 175 Puerto Rican business ventures benefited from $1.2 million in funding granted over the past two years by Grupo Guayacán Inc. to boost the island’s recovery after the devastating hit of Hurricane María in September 2017, the nonprofit said. Among the business, 42 were projects in the idea development stage, 100 were […]
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