El Distrito entertainment complex names GM, marketing director
September 4, 2019
A Puerto Rican will lead the team that will manage the operations of El Distrito, the main entertainment complex in Puerto Rico, currently under construction in the Convention Center District in Miramar, project developer CEO Federico Stubbe, Jr., said. The head of PRISA Group, one of the partners developing the $125 million complex along with […]
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Guaynabo poised to steer $100M+ in economic development projects
September 3, 2019
The Guaynabo municipal government is finalizing the details of what will be the new Guaynabo Development Enterprise Corp. to oversee the development of more than $100 million in projects. Guaynabo Mayor Ángel Pérez confirmed that the ordinance creating the entity should be approved this week, after being discussed in public hearings. When it comes online, […]
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Airbnb activates Open Homes program in P.R., USVI through Sept. 15
September 3, 2019
Airbnb has activated its Open Homes program to help displaced residents and relief workers deployed to the regions impacted by Hurricane Dorian. The Open Homes Program recruits hosts who are willing and able to provide their homes for free to displaced residents and disaster relief workers in the activation area including Puerto Rico and the […]
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New occupational health and safety system implemented in P.R.
September 3, 2019
With the goal of reducing the number of injuries, illnesses and prevent deaths in the workplace, the State Insurance Fund, the Department of Labor and Human Resources and the Puerto Rico Occupational Safety and Health Administration signed an agreement that, among other things, will help industries with a high incidence of injured employees and/or occupational […]
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Gov’t to sign 1-yr. contract extension with P.R. Fast Ferries to serve Vieques/Culebra
August 30, 2019
The Maritime Transportation Authority will extend for another year its contract with Puerto Rico Fast Ferries to provide service between Puerto Rico and its island municipalities of Vieques and Culebra. However, the contract will be modified, as the government will commission the private operator for three vessels, rather than the current four, for $10 million, […]
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Federal Maritime Commission OKs joint venture at Port of San Juan
August 30, 2019
The Federal Maritime Commission has approved an agreement allowing Luis A. Ayala Colón and Puerto Rico Terminals (PRT), an affiliate of Tote Maritime, to form Puerto Nuevo Terminals (PNT) to operate a marine terminal and provide container stevedoring, terminal and related services in the Port of San Juan. “This agreement will allow the parties to […]
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Experian: P.R. millennials have 5th highest auto loan debt among U.S., jurisdictions
August 30, 2019
Puerto Rico millennials — people between the ages of 23 and 38 — have the 5th highest average auto loan debt among all U.S. jurisdictions at $22,205, according to a new study by Experian. “While millennials’ auto debt is the fastest-growing of any generation, they still owe less on their auto loans than the national […]
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Singapore experts discuss how to prepare ‘workforce of the future’
August 30, 2019
Faced with the changes the world is experiencing given the advances in technology, the traditional education model must be transformed to one of lifelong learning so that individuals are always prepared and ready to effectively adapt to changes in their work and community environment. Singapore, recently named the most competitive country in the world by […]
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OBoard OKs use $260M in Emergency Reserve Funds for Dorian-related expenses
August 29, 2019
In light of Hurricane Dorian and the related Federal declaration of a state of emergency for Puerto Rico, the Financial Oversight and Management Board authorized the government to dip into some $260 million in Emergency Reserve funds from fiscal years 2019 and 2020. Although for the most part, Puerto Rico dodged a bullet, Hurricane Dorian […]
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Coliseo de Puerto Rico partners with Ticketera for new box office service
August 28, 2019
The management of the Coliseo de Puerto Rico, the island’s largest events venue, announced it has entered into an agreement with local firm Ticketera for a new box office service effective Sept. 1. The new, three-year revenue-sharing agreement is expected to boost the coliseum’s annual returns by 20%, General Manager Eduardo Cajina confirmed. This marks […]
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Hurricane Hub of P.R. ready to provide training, technical assistance
August 28, 2019
The Hurricane Hub of Puerto Rico announced it is prepared to offer training and technical assistance for preparedness, response and recovery in Puerto Rico and the Caribbean during the hurricane season that runs through November. The entity, which falls under the Puerto Rico Public Health Trust — an organization created by the Puerto Rico Science, […]
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P.R. gov’t agencies adopt changes to improve emergency response ahead of Dorian
August 27, 2019
Puerto Rico Gov. Wanda Vázquez-Garced announced a number of measures that government agencies have taken to face the looming threat from Tropical Storm Dorian, which is expected to pass near Puerto Rico as a hurricane later this week. During a news conference at the Emergency and Disaster Management Bureau, Vázquez-Garced said plans have undergone “significant […]
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Arecibo Observatory gets $19M NASA grant to help protect Earth from asteroids
August 27, 2019
The National Aeronautics and Space Administration has just invested $19 million into the Arecibo Observatory in Puerto Rico to “gain a lot of knowledge about asteroids.” NASA awarded the University of Central Florida — which manages the site on behalf of National Science Foundation — the four-year grant to observe and characterize near-Earth objects (NEO) […]
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Delta to add 3K weekly seats on flights out of San Juan during high season
August 27, 2019
Delta will offer more flights to top Caribbean destinations beginning this winter, with additional service between several of its U.S. mainalnd hubs and San Juan’s Luis Muñoz Marín International airport. The increase in traffic will inject $50 million into the local economy, Puerto Rico Tourism Co. Executive Director Carla Campos said. “Responding to increasing demand […]
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Oversight Board assigns $5.3M to expand Fajardo Municipal Landfill
August 26, 2019
The Financial Oversight and Management Board for Puerto Rico announced that it designated the $5.3 million expansion of the Fajardo Municipal Landfill as a critical project under Title V of PROMESA. The landfill serves as the primary municipal and commercial disposal site for the north-eastern region of Puerto Rico, serving nine municipalities. It operates in […]
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