USDA to invest $1M to improve traffic access to El Yunque
January 10, 2023
In December, USDA kickstarted this effort with a $250,000 investment to develop a master transit plan to improve the visitor experience.
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Pierluisi submits bill to increase tax benefits to offset inflation
January 4, 2023
Gov. Pedro Pierluisi announced he will submit a bill to the Legislature that would introduce a cost-of-living adjustment to Puerto Rico’s Internal Revenue Code to increase tax benefits and offset the effects of inflation on individuals. “The COVID-19 pandemic and other global factors have contributed to the increase in the cost of living for Puerto […]
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PRITS bets on innovation, cybersecurity to streamline gov’t processes
January 4, 2023
Agency seeks to improve quality of life for Puerto Rico residents.
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InvestPR: Private sector commits to 5K jobs, $350M in investments in FY22
December 14, 2022
Invest Puerto Rico, the island’s economic development organization, revealed in its Fiscal Year 2022 annual report that it locked down more than 6,000 business leads, 2,000 prospective opportunities, the establishment of more than 700 new businesses, commitments by companies of nearly 5,000 jobs, and more than $350 million in capital investment. During a roundtable with […]
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Dept. of Consumer Affairs opens renewable energy office
December 13, 2022
The new office will be responsible for creating guidance between companies selling solar systems and consumers.
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Caribe Tecno CRL chosen to design, build new $80M hospital in Vieques
December 12, 2022
The company was chosen after a process in which 23 bidders participated.
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333 co’s in Puerto Rico exempted from paying Christmas bonus
December 8, 2022
Aome 13 requests submitted to not pay the bonus check were denied.
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San Juan kicks off $3.8M bus station improvement project
November 30, 2022
The Capetillo, Río Piedras South and Río Piedras East bus stations in San Juan will get revamped.
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16 Puerto Rico towns join $100B suit against big oil, coal co.’s
November 29, 2022
Bayamón Mayor Ramón Luis Rivera said any settlement obtained would be used for the town's ongoing renewable energy projects.
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2,800 Puerto Rican small businesses split $125M in gov’t funds
November 29, 2022
The Economic Development Bank allocated the funds to local entrepreneurs.
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Gov’t allocates $50M to El Conquistador Resort Hotel project
November 23, 2022
The project, with an estimated total cost of $263 million, consists of the renovation of rooms, restaurants and other areas of the hotel’s structure in Fajardo.
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San Juan gov’t launches $22M, 2nd phase of road repaving project
November 21, 2022
The project has already repaired 903 streets, avenues, and roads in 68 communities in San Juan, through a $34 million investment.
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Municipality of San Juan proposes ordinance to track short-term rentals
November 17, 2022
The San Juan municipal government could shore up some $1.6 million in license fees from 3,792 short-term rental operators in the capital city.
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Gov’t, FEMA lay out strategy to stabilize Puerto Rico’s power grid
November 16, 2022
The proposals include installing temporary generation through barges and high-capacity portable generators that will be assigned to the island for up to a year.
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4 Puerto Rico-based co.’s to invest $8.5M after getting $2M from gov’t
November 16, 2022
Bettina Cosmetics, Techno Plastics Industries Inc., Prime Air and Steel and Pipes will benefit and invest.
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