Occupational fraud costs $1.9B+ to P.R. economy, CPA study shows
August 10, 2018
Occupational fraud represents a loss of more than $1.9 billion to Puerto Rico’s economy, or 2.77 percent of the $70.5 billion Gross Domestic Product.
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Institute for Justice report gives P.R. an “F” on expropriation laws
August 10, 2018
Puerto Rico’s eminent domain laws received a grade of “F” in a report released by the Institute for Justice, a nonprofit, civil liberties law firm.
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Clinton Foundation recognizes Foundation for P.R.’s work post-María
August 8, 2018
As part of the Clinton Global Initiative Action Network on Post-Disaster Recovery meeting, former President Bill Clinton recognized the Foundation for Puerto Rico's work.
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Grupo Guayacán reveals finalists of EnterPRize 2018 competition
August 6, 2018
Grupo Guayacán Inc. (GGI) announced the start of the finalists’ phase of the 2018 EnterPRize Competition.
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inverSOL invests $4M in portable solar generator manufacturing plant in Caguas
July 27, 2018
inverSOL, a new company dedicated to the design, production and sale of portable solar generators for the residential market, announced it will invest $4 million in Puerto Rico to establish a new assembly plant featuring a showroom and sales area.
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P.R. Community Foundation gives $95K to 140 college students
July 26, 2018
The Puerto Rico Community Foundation (FCPR, for its initials in Spanish) bestowed $95,000 in recovery donations to 140 students from public and private universities, thanks to a contribution from the Hispanic Federation to establish the Hispanic Federation Puerto Rico Recovery and Hurricane Relief Fund, administered by the FCPR.
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HITN to air new series: ‘Puerto Rico Contigo’ about island’s economic recovery
June 27, 2018
HITN, a Spanish-language network that offers educational and entertainment content to more than 44 million households across the United States through TV cable providers, will launch its new series, “Puerto Rico Contigo” on July 1st. The Puerto Rico Public Broadcasting Corporation (WIPR) will showcase the program on July 1st at 10 p.m., with a rebroadcast of […]
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$65M film production studios to break ground at Convention Center District
June 25, 2018
Travel industry veteran Keith St. Clair on July 2 will announce plans to develop a $65 million film production studio complex at the Puerto Rico Convention Center District, this media outlet learned.
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Movies, series filming in P.R. thru August pumping $65M into economy
June 22, 2018
About a dozen film projects for the big screen and streaming services slated to roll in Puerto Rico through August are projected to inject close to $65 million into the local economy, Gov. Ricardo Rosselló announced.
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NY Fed working closely with philanthropic community in P.R./USVI
June 21, 2018
The Federal Reserve Bank of New York vowed to continue to work closely with financial institutions to help take full advantage of the Community Reinvestment Act.
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P.R. housing sector needs ‘clear public policy’ to function
June 15, 2018
Puerto Rico needs clear public policy that leads to a solution to the housing problem, the implementation of rules and design criteria that respond to the market, and locating new builds in low-risk areas with easy access to health services.
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HTA begins $3.5M electronic road sign pilot project
June 14, 2018
The Highways and Transportation Authority has begun installing the first four electronic road signs on the busy Baldorioty de Castro Avenue at a cost of $3.5 million, to inform drivers of road conditions and incidents starting later this year.
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Pipeline Angels looks to launch angel investing, mentoring for women
June 14, 2018
The bootcamp, to be held July 14-16, arrives at the encouragement of influential local organizations — including Grupo Guayacán, Parallel18, Santurce POP, and Animus.
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Foundation for P.R. seeks to boost economic dev’t in 50 island communities
June 14, 2018
The Foundation for Puerto Rico unveiled in Orocovis the preliminary results of its pilot “Bottom Up Destination Recovery Initiative” pilot project, which aims at social and economic development of communities “to make the island a destination for the world.”
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Dentists serving gov’t health plan beneficiaries lost $15.4M in ’17
June 13, 2018
Dentists who provide services to the Puerto Rico Government Health Plan reported a loss of $15.4 million for the fiscal year 2017 as a result of operational costs that were not covered by the rates paid by insurers to oral health providers.
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