By Jeniffer Wiscovitch-Padilla, Center for Investigative Journalism Four days before the results of the “Mortality in Puerto Rico” study were published after Hurricane María, Harvard University reported the findings to the government of Puerto Rico, but was not acknowledged. It was not until “The New York Times” contacted the government to talk about the results […]
World Central Kitchen has announced the opening of a new call to apply for financial grants and technical assistance from the organization’s Plow to Plate support platform launched in 2018. The application and submission cycle to request funds and technical training begins March 15 and closes April 15, 2019, the nonprofit said. The program will […]
Children living at El Centro San Agustín del Coquí in Aguas Buenas will now benefit from a new solar energy system sponsored by the MCS Foundation and Empowered by Light of California to ensure the continuity of services, the nonprofits announced. The children residing at the home are victims of abuse and mistreatment and are […]
A report released Thursday by the U.S. Government Accountability Office confirmed that of the $132 billion that Puerto Rico government officials estimated are needed to rebuild after the 2017 hurricanes, it has only received $4 billion. The Federal Emergency Management Agency —the lead federal agency responsible for assisting Puerto Rico as it recovers — has […]
Puerto Rico’s new car sales reflected a 13.2 percent year-over-year increase in February, the United Automobile Importers Group revealed. The group known as GUIA for its initials in Spanish, represents Puerto Rico’s automotive industry and keeps track of new car sales. February ended with a total of 7,720 units sold in Puerto Rico in contrast […]
Parallel18 (P18) the global startup accelerator that operates since 2015 as part of the Puerto Rico Science, Technology and Research Trust launched the call for applications for the second generation of pre18, its pre-acceleration program for innovative Puerto Rican companies. This time around, Popular and the Center for a New Economy (CNE), through the Puerto […]
High-ranking executives have been appointed recently to positions at Birling Capital, Uber and Cemex, responsible for the Puerto Rico market. Birling Capital appoints CPA Teresita Fuentes as vice chair Francisco Rodríguez-Castro, president of Birling Capital announced the appointment of CPA Teresita Fuentes as vice chair of Birling Capital, member of the executive committee and director […]
The reason for the positive outlook is that Moody’s believes federal estimates of the island’s Gross Domestic Product “will bolster reforms by the island that should encourage unbanked residents to participate in the banking system, thereby spurring loan growth and increasing operating margins.” In its report, Moody’s predicted that the banks that will benefit are […]
The San Juan Mercantile Exchange Inc. (SJMX) and the San Juan Mercantile Bank & Trust International Corp. (SJMBT) today announced that SJMBT has received its license to operate from the Puerto Rico Office of the Commission of Financial Institutions. The license authorizes SJMBT to operate as an International Financial Entity (IFE) under OCIF’s banking regulations, […]
The presence of casual dining restaurant IHOP is set to expand exponentially in Puerto Rico with the opening of at least 15 locations in the next five years, at an investment of some $22.5 million, franchise executives said. The chain already has five restaurants in Puerto Rico, with a sixth location slated to open by […]
In a two-to-one divided opinion, a three-judge panel of the Puerto Rico Court of Appeals ruled to keep information on tax abatements confidential and inaccessible to the public, in a case filed by nonprofit Espacios Abiertos. In doing so,the panel reversed a San Juan Superior Court decision compelling the Puerto Rico Treasury Department to publicly […]
Western Union, a provider of cross-border, cross-currency money movement, announced an alliance between Western Union Business Solutions and TuChequera.com that will allow entrepreneurs in Puerto Rico to conduct business in more than 130 currencies and send online business payments through a platform available 24/7. “Puerto Rico is the first region in Latin America and The […]
While Puerto Rico proportionally requested more assistance from the Federal Emergency Management Agency after the 2017 hurricanes, it got significantly less than what the U.S. government granted Louisiana, Texas and Florida when they felt the brunt of earlier storms. “Consistent with the lower socioeconomic status of its population, Puerto Rico proportionally requested more assistance from […]
The Puerto Rico Department of Education unveiled the first of a planned 28 STEM-PBL lab at the Mariano Feliú Balseiro school in Bayamón. The new educational space that will promote among students learning of science, technology, engineering and mathematics through collaborative projects. At the same time, the agency will continue supporting teachers in getting STEM […]
VMLY&R, the advertising agency of record working for the U.S. Census, announced the “2020 Census Media Vendor Day” for the agency’s upcoming paid media campaign. The event is designed to be accessible for media outlets that cover a wide range of audiences, demographics, and channels, as well media outlets that are small businesses, and women- or minority-owned. The “2020 Census Media Vendor Day” […]
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