“Good morning, People of Puerto Rico. On March 12, I decreed a State of Emergency due to the situation that Puerto Rico and the world are experiencing as a result of the coronavirus (COVID-19). Since then, I have urged citizens to maintain social distance to avoid contagion as a result of the first cases reported […]
Gov. Wanda Vázquez declared a state of emergency to activate the Puerto Rico National Guard, which, in conjunction with the Health Department, will screen passengers at the Luis Muñoz Marín Airport in San Juan, as well as the air facilities in Aguadilla, Ponce and Ceiba. She also cancelled events that draw massive crowds scheduled from […]
The Department of Economic Development and Commerce, through its Youth Development Program, is sponsoring a second edition of its “Entrepreneur Challenge” that seeks to train and encourage young people between the ages of 21 and 29 to develop their companies. “This year we again join forces with the INprende organization to launch the ‘Entrepreneur Challenge’ […]
As part of its capital improvement program, the Puerto Rico Ports Authority will be investing $352,865 to repave parts of the Puerto Nuevo Port Zone, the agency’s Interim Executive Director Joel A. Pizá-Batiz announced. “Avenida C is the main route of entry and exit for containerized cargo terminals in Puerto Nuevo,” he said. “Constant traffic […]
The Central Office of Recovery, Reconstruction and Resiliency, known as COR3, is seeking request for proposals from companies that can provide disaster recovery project formulation services. COR3 Executive Director Ottmar Chávez said companies that participate in the RFP will be tasked with providing technical assistance to the governor’s authorized representative (GAR) and COR3 in the […]
Looking to promote business innovation, the Puerto Rico Trade and Export Company and the INprende business organization have announced the second call for the Puerto Rico Innova program, an initiative that seeks to empower future entrepreneurs. The initiative seeks to help up-and-coming businesses with high potential for expansion and development, Secretary of Economic Development and […]
U.S. Census Bureau surveyors will begin visiting Puerto Rico homes starting Mar. 15, inviting residents to participate in the assessment that takes place every 10 years, said Jeff Behler, director of the U.S. Census Bureau’s New York Regional Office. During a joint press conference with the Puerto Rico Institute of Statistics, he said during the […]
The Federal Emergency Management Agency and the Central Office for recovery, Reconstruction and Resilience, or COR3, obligated more than $44 million for recovery efforts related to Hurricane María. Among the nine projects that were obligated are those for the Puerto Rico Department of Transportation and Public Works (DTOP, in Spanish), the University of Puerto Rico […]
The Federal Emergency Management Agency and the Central Office for Recovery, Reconstruction and Resilience, or COR3, have obligated more than $13.9 million in funds for 131 projects related to the recovery and reconstruction of Puerto Rico, they announced. The latest grants assigned on Feb. 7-20 for permanent projects are: More than $6.6 million for repairs […]
Six months after opening the process to select an executive director the Puerto Rico Institute of Statistics has appointed Orville M. Disdier as executive director of that entity, promoting him from the interim position he held for more than a year. The announcement was made by Statistics Institute Board Chair Arnaldo Cruz, who said he […]
The Financial Oversight and Management Board for Puerto Rico has reached an agreement with certain Commonwealth bondholders to resolve $35 billion of debt and non-debt claims via a revised plan of adjustment. The new agreement reduces the Commonwealth’s debt service (including principal and interest from the COFINA Senior Lien bonds) by 56%, to $39.7 billion […]
U.S. Customs and Border Protection (CBP) Officers and Import Specialist seized 138 shipments of counterfeit products during the month of January, including stacks of fake $100 bills. The estimated value of all the counterfeit products seized is $4.2 million, the agency confirmed. “CBP alone cannot stem the tide of counterfeit and pirated goods,” said Leida Colón, […]
Economic Development and Commerce Secretary Manuel Laboy announced the publication for the review by the general public of the regulation that implements the provisions of sections 6070.54-6070.69 of the Opportunity Zones benefits of the Puerto Rico Incentives Code. The regulation establishes the rules, requirements and criteria that will be used for the request and issuance […]
The Secretary of the Department of Economic Development and Commerce, Manuel A. Laboy, unveiled the Access to Public Information tool, which complies with the disclosure obligations established in several laws. The digital tool responds to conditions established by the Puerto Rico Incentives Code, the Transparency Law and Expedited Procedure for Access to Public Information and […]
Puerto Rico’s population increased by 340 people (0.0%) between 2018 and 2019 after several years of annual population decline, according to the U.S. Census Bureau’s national and state population estimates. The most recent annual population estimates for Puerto Rico confirmed the number of local residents at 3,193,694 as of July 1, 2019. This slight increase […]
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