BLS data shows stable employment levels in Puerto Rico due to startup growth
August 24, 2021
The island’s employment levels are stabilizing due to the fast growth rates of startups across business sectors, the US Bureau of Labor Statistics data collected by the Puerto Rico Economic Development Bank shows. The local agency’s Center for Economic Studies suggests that there has been improvement, since in 2020 the levels approached pre-pandemic averages during […]
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AAFAF opens RFQ for firms to develop insurance plan per FEMA requirements
August 24, 2021
The Fiscal Agency and Financial Advisory Authority (AAFAF, in Spanish) has opened a Request for Qualifications cycle looking for firms that can firms that can assist the government meet the requirements of getting and maintaining insurance coverage for some public assets, following the parameters established by the Federal Emergency Management Agency (FEMA). AAFAF Executive Director […]
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FirstBank seeks 100 entrepreneurs interested in receiving free training through 1Éxito program
August 24, 2021
Seeking to promote the strengthening of existing small businesses, FirstBank, together with INprende, are launching the third edition of the 1Éxito program, to offer training and strategic business strategies to 100 local entrepreneurs for free. Those interested in participating in the program must complete the application on or before Sept. 3rd. “[The year] 2020 was […]
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Economic Activity Index reaches max level of 118.9 points in June
August 20, 2021
Puerto Rico’s Economic Activity Index (EDB-EAI) reached a maximum level of 118.9 points, a number that represents a year-over-year increase of 8%, Economic Development Bank President Luis Alemañy confirmed. “This is the fourth year-over-year increase after 12 consecutive decreases. If compared to the previous month, the EDB-EAI growth rate decreased 0.5%. The interannual results reflect […]
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ESPN, local orgs build, open multifunctional sports space in San Juan
August 19, 2021
At a virtual event on Aug. 17, ESPN and partners officially opened a newly transformed multifunctional sports space dedicated to the local community and its residents. The site is the 10th in the global “Built to Play” project series, led by ESPN. Partners on the project include the local community, with love.fútbol, Coaches Across Continents, […]
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Puerto Rico Blockchain Trade Association partners with CryptoMondays San Juan
August 19, 2021
The Puerto Rico Blockchain Trade Association announced a partnership with CryptoMondays San Juan, which “will make events more inclusive and accessible, empowering Puerto Ricans to tap into education, networking, and employment opportunities.” “Our weekly events on the island bring blockchain enthusiasts, entrepreneurs, investors, and developers together,” said CryptoMondays San Juan organizer Pedro Rivera. “The power […]
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WAPA TV announces new internship program for meteorology students in Puerto Rico
August 19, 2021
WAPA Television announced the creation of a new internship program between WAPA’s NotiCentro newscast and the University of Puerto Rico’ Mayagüez Campus (known as the RUM). The program, which establishes a Meteorology Communication Laboratory will benefit students pursing degrees in meteorology at the RUM — the only training center for future meteorology professionals in Puerto […]
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Public Relations Professionals Assoc. unveils on-demand courses, virtual library
August 18, 2021
The Puerto Rico Public Relations Professionals Association (ARPPR, in Spanish) announced it will offer its members access to seminars and courses with continued education through a new on-demand platform. The new benefit will include a catalogue of the courses the association has offered since 2020, as well as access to its professional development program “in […]
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Discover Puerto Rico CEO gets US Travel Association award for heading recovery
August 18, 2021
The National Council of State Tourism Directors of the US Travel Association awarded Brad Dean the organization’s highest recognition, “State Tourism Director of the Year,” for the “exceptional results achieved under his leadership for the accelerated recovery of the visitor economy in Puerto Rico.” The award was announced during the US Travel Association Convention held […]
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Ports Authority signs 20-yr. lease agreement with Flexitank
August 18, 2021
After several months of negotiation, the Puerto Rico Ports Authority and local company Flexitank Inc. signed a new 20-year lease for facilities the agency owns, Ports Executive Director Joel A. Pizá said. Flexitank will invest more than $1.7 million in improvements to Ports Authority facilities located in the Mercado Central of the Puerto Nuevo pier […]
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Comptroller’s Office unveils new Special Investigations Division
August 17, 2021
The Puerto Rico Office of the Comptroller announced it has established a Special Investigations Division that joins the tax intelligence, digital forensics, investigation, and technical support groups, to expedite the processes of investigating a complaint through tax intelligence. The tax intelligence methodology is based on the systematic use of specialized techniques to obtain and analyze […]
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Açai Express donates $16K to Kinesis Foundation for student college prep
August 17, 2021
The Kinesis Foundation — a nonprofit organization that has focused on youth education since 2004 — received a $16,000 donation from Açai Express to support outstanding students with limited financial resources to continue their academic preparation for college. The initiative between Kinesis Foundation and Açai Express brought together the local company’s 31 franchises throughout Puerto […]
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ASM Global’s Pérez earns int’l accreditation as venue manager in Puerto Rico
August 17, 2021
Jorge Pérez, regional manager for ASM Global, has earned the Certified Venue Executive accreditation from the International Association of Venue Managers, the company announced. Only three professionals in the industry have completed both certifications worldwide. Of these, Pérez is the first and only executive ever to obtain the CVE as well as the Certified Venue […]
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USDA seeks applications for funds to build housing for farm workers
August 16, 2021
The US Department of Agriculture is seeking applications for funding to increase the supply of affordable housing for farm workers. Luis R. García, acting state director of USDA Rural Development in Puerto Rico, said that subject to the availability of funds, the loan and grants will be provided through USDA’s Farm Labor Housing Program. Eligible […]
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Puerto Rico Cocktail Week events in Ponce postponed to Aug. 18
August 16, 2021
Due to the passing of weather system Grace over Puerto Rico, the organizers of Puerto Rico Cocktail Week Isla have postponed the events scheduled to take place in Ponce to Aug. 18. The schedule of seminars aimed at hospitality industry personnel will be held in the Hotel Meliá in Ponce. Wednesday’s schedule will include seminars […]
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