The Strategic Group PR sells breast cancer detection firm Provista Diagnostics
April 26, 2021
Strategic Investment Holdings, LLC, an affiliated entity of The Strategic Group, P.R., LLC announced it has completed the sale of Provista Diagnostics Inc., a women’s early-stage liquid biopsy-based cancer diagnostics firm. Based in Alpharetta, GA, the firm developed the proprietary breast cancer blood test, Videssa, was sold to Todos Medical, Ltd., a publicly traded company. […]
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USDA Puerto Rico invests nearly $100K in rural water, energy infrastructure
April 23, 2021
The U.S. Department of Agriculture is investing nearly $100,000 in three rural communities in Puerto Rico, Luis R. García, acting state director for the local agency, announced. “These investments will benefit three rural communities in the municipalities of Adjuntas, Aguada and Fajardo,” García said. “The investments we’re announcing today show how the Biden-Harris Administration has […]
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JaxPort, Puerto Rico Ports Authority to sign MOU to grow jobs, economy
April 23, 2021
The Puerto Rico Ports Authority and JaxPort, the Jacksonville Port Authority, will sign Memorandum of Understanding next week to affirm the maritime partnership between the two facilities. The agreement will focus on strengthening this partnership to create jobs and opportunity for both Northeast Florida and Puerto Rico. On hand for the signing will be Florida […]
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Caribbean Produce donates $25K to restore San Patricio State Forest
April 23, 2021
Consumer products and fresh food distribution company Caribbean Produce Exchange Inc. responded to the call from the United Way to collaborate in the restoration of the San Patricio State Forest, for which it donated $25,000. The project included the reopening of sidewalks so that families can spend time outside. “We’re very satisfied to be able […]
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Puerto Rico Dept. of Labor gets $301K from federal counterpart to put people back to work
April 22, 2021
The Puerto Rico Department of Labor has been assigned a little more than $301,000 from the U.S. Department of Labor to run its Reemployment Services and Eligibility Assessments (RESEA) programs. The assignment is included in a total $146 million assigned to workforce agencies in 48 states, Puerto Rico, the U.S. Virgin Islands and the District […]
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NYC, SJ mayors strike partnership to coordinate events, emergency response
April 22, 2021
Mayors Bill de Blasio and Miguel Romero this month laid the foundation of a partnership on culture, tourism, public safety, and emergency preparedness between New York City and San Juan. New York City is home to more than 666,000 Puerto Ricans, one of the largest Commonwealth diaspora communities in the United States. “Puerto Rican New […]
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Puerto Rico Sales and Marketing Executives Assoc. marks 70th anniversary
April 22, 2021
The Puerto Rico Sales and Marketing Executives Association (SME) announced the celebration of its 70th anniversary under the slogan “Advancing our industry through our members’ success’.” Anniversary activities include free educational conferences and discussions, as well as offers throughout the year. The professional trade group will host the first of three keynote conferences of its […]
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Puerto Rico Ports Authority completes $695K in Isla Grande airport overhaul
April 21, 2021
As part of its capital improvements program, the Puerto Rico Ports Authority completed some $695,000 in improvements to the passenger terminal of the Fernando Luis Ribas Dominicci regional airport in Isla Grande, which suffered severe damage from Hurricane María in 2017, the agency’s Executive Director Joel Pizá-Batiz announced. The improvements called for repairs of indoor […]
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Machu Picchu Restaurant opens at Guaynabo’s Plaza Real Shopping Center
April 21, 2021
Peruvian cuisine lovers now have a new option in Machu Picchu Restaurant in Guaynabo, where Chef Marcelo López, owner and founder of Ceviche House, invested $250,000 in his proposed fusion between unique Peruvian gastronomy and a variety of wines and emblematic cocktails. Machu Picchu has a capacity for 49 people including four outdoor spaces. For […]
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Volvo distributor Martí kicks off ‘21 #1-ranked in LatAm, with 28% of total sales
April 21, 2021
VV Autos, owned by Dominican Republic-based Martí — and exclusive distributor of the Volvo brand in the neighboring island nation, Puerto Rico and Panamá — has been ranked at the top of its class in Latin America, where sales have been growing. So far this year, the company has reported a 33% year-over-year growth during […]
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Economic Dev’t postpones restaurant industry job fair
April 20, 2021
Less than a week after announcing it, the Department of Economic Development and Commerce has postponed plans to host a job fair in collaboration with the Puerto Rico Restaurants Association to fill 3,000 sector jobs. The event has been pushed back indefinitely in response to the uptick in COVID-19 cases in Puerto Rico, and the […]
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Furniture manufacturer DNG Inc. planning $500K expansion
April 20, 2021
Local wood, particulate panel and PVC furniture factory, DNG Inc. in San Sebastián, is planning to invest $500,000 to expand its plant and also consider the possibility of exporting its products to the US mainland. The information was revealed during a visit by Department of Economic Development and Commerce Secretary Manuel Cidre, who was on […]
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Hatillo Kash N’ Karry launches digital grocery shopping service
April 20, 2021
Supermarket chain Hatillo Kash N’ Karry, which has a stronghold in Puerto Rico’s northwestern region, announced the availability of its online grocery shopping service called readykart.com. The new service gives consumers access to more than 8,000 grocery products and select between delivery (which carries an $8 fee) or pick-up (for $4) options at one of its four […]
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Sun West Mortgage launches conventional non-conforming loan program
April 20, 2021
Sun West Mortgage Company has introduced its conventional non-conforming loan program, becoming the only US based mortgage bank to offer it in Puerto Rico, and the first one to launch this product in more than 15 years, it confirmed. The mortgage company, which marking its 10th anniversary of operations on the island, provides technology solutions […]
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Puerto Rico’s opportunities in int’l markets to be discussed in online seminar
April 19, 2021
The challenges and opportunities that Puerto Rico is facing to be able to competitively insert itself in international markets will be the topic of an online seminar tonight at 7 p.m. that is open to the public. Department of Economic Development and Commerce Secretary and Gloria Viscasillas-Aponte, vice president of Economic Development Programs at Banco […]
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