Liberty observes ‘Safer Internet Day’ for 12th year in a row
February 4, 2019
For the 12th year in a row, Liberty Puerto Rico will celebrate “Safer Internet Day” to highlight the importance of using the internet responsibly and safely, as part of its corporate social responsibility campaign “Navega con seguridad,” with several resources to help the public navigate the web safely. The event will be observed worldwide on […]
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Google’s Project Sunroof heads movement to power P.R. with the sun
February 4, 2019
On Sept. 20, 2017, Hurricane Maria, the worst natural disaster on record to affect Puerto Rico, left people without homes or electricity. Eight months later, more than 1,000 households were still without power. So, communities across the island set out to find creative ways to generate electricity. After the disaster, the government of Puerto Rico […]
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World Central Kitchen secures additional $4M for P.R. projects thru ’23
February 1, 2019
World Central Kitchen Puerto Rico made a commitment with the Clinton Foundation to add $4 million in funds that will be used exclusively in Puerto Rico with the mission of promoting sustainable agriculture projects on the island under the “Plow to Plate” support platform, the nonprofit announced. “Plow to Plate” offers financial support and training […]
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Ford, Gravity Sketch explore new tool for designing vehicles to meet customers’ needs
February 1, 2019
From a desk at the Ford Design Studio, a designer enters a virtual room and begins a 3D sketch. He is designing a virtual car around himself and adjusting the attributes to best suit him – the driver. This work is part of Ford’s latest exploration of a new process that places the customer at […]
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IEEFA says privatizing P.R. Electric Power Authority is not the answer
February 1, 2019
Puerto Rico’s electricity consumers will pay unreasonably high rates if plans to privatize the Puerto Rico Electric Power Authority move forward. The IEEFA analysis, “PREPA Privatization Will Hurt Consumers and Slow Economic Recovery,” recommends reforming the public model as more reliable, affordable, and sustainable both financially and environmentally. If the proposed privatization model is implemented, […]
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Caribbean leaders: ‘We’re still split between Elizabeth and Isabela’
January 31, 2019
Some of the most prominent Caribbean leaders who participated in the Clinton Foundation’s two-day gathering in San Juan Wednesday agreed that the region is grossly divided, “still split between Elizabeth and Isabela.” With that, they supported their arguments that the region needs to come together more cohesively — be them U.S. mainland, French, Dutch or […]
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‘Social determinants’ census underway in Vieques
January 31, 2019
Finding solutions to the core problems in Puerto Rico requires making visible the socioeconomic and health needs — also known as social determinants — of vulnerable and lagging populations. With this in mind, a dozen community organizations from Vieques joined in late 2018 and determined to use technology to provide help with greater precision and […]
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Clinton Foundation locks down 50 ‘Commitments to Action’ to continue Caribbean recovery
January 30, 2019
The Clinton Foundation, through its Clinton Global Initiative Action Network on Post-Disaster Recovery initiative, is pushing forward with its effort to work with government, business, and civil society partners to develop strategies and solutions to address hurricane recovery needs facing the region, while laying the foundation for a more resilient future. President Bill Clinton, founder […]
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First BanCorp. reports $201.6M in net income for ’18; $101.1M for 4Q18
January 30, 2019
First BanCorp., the bank holding company for FirstBank Puerto Rico, reported net income of $201.6 million, or $0.92 per diluted share, for the year ended Dec. 31, 2018, compared to $67 million, or $0.30 per diluted share, for the year ended Dec. 31, 2017. The financial institution also reported net income of $101.1 million, or […]
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Rossello submits bills to reorganize DTOP, projects $13M in savings in 1st year
January 29, 2019
Puerto Rico Gov. Ricardo Rosselló submitted legislative measures to reorganize the Department of Transportation and Public Works, which will generate $13 million in the first year and $142 million in five years, according to the Fiscal Plan. The DTOP, as the agency is known for its initials in Spanish, will be the umbrella agency for […]
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UPR Humacao campus students take top ‘Financial Awareness Video Contest’ wins
January 29, 2019
The Puerto Rico Bankers Association (PRBA) and the Federal Reserve Bank of New York (FRBNY) recognized the creativity and talent of college students who participated in the most recent edition of the “Financial Awareness Video Contest.” For 10 years, said competition has been well known for motivating college students to develop creative audiovisual pieces about […]
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Grupo Guayacán opens call for 8th I-Corps P.R. cohort
January 29, 2019
Grupo Guayacán Inc. (GGI) announced that it will offer the upcoming eighth cohort of its Customer Discovery Boot Camp, I-Corps Puerto Rico (I-Corps PR), at the Gurabo campus of Ana G. Méndez University (AGMU). This marks the first time that the idea validation program will be offered at this campus, and the second time it’s […]
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Clinton Foundation gets update on post-María recovery in Humacao
January 29, 2019
Foundation for Puerto Rico and P.E.C.E.S., as well as local small business owners, provided an update of its Bottom Up Destination Recovery Initiative to President Bill Clinton, Secretary Hillary Clinton, and members of the Clinton Foundation during their visit to Puerto Rico. Led by the Foundation, the Bottom Up Destination Recovery Initiative aims to support […]
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Forteza Caribbean Chocolate to boost cocoa harvests to produce fine chocolate in PR
January 28, 2019
Forteza Caribbean Chocolate announced the implementation of a plan to produce and distribute among local farmers some 12,000 high-performance cocoa trees through 2020, with the support of the Puerto Rico Agriculture Department and the U.S. Department of Agriculture. The company said the addition of the new trees should lead to the creation of 100 to […]
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American Airlines cargo exports from P.R. up 30% in ’18
January 28, 2019
American Airlines Cargo said 2018 was “an exceptional year” for the company, with the division exceeding multiple all-time records in performance, volume and revenue, finishing the year with more than $1 billion in revenue. “The airline moved record volumes of freight and mail across its system in 2018, with volume for the year ending at […]
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