As part of the resources provided to emerging companies and startups, the Puerto Rico Science, Technology and Research Trust and parallel18, along with Mastercard, signed a collaborative agreement that will benefit businesses that are participating in the international accelerator programs based in Puerto Rico. With this strategic agreement, startups will have the opportunity to get technical support […]
The Association of Owners of Paradores and Tourism of Puerto Rico is marking with an offer for its guests, the 48 years of the creation of the “Paradores de Puerto Rico” brand with a special agenda to share the local culture, history, music, gastronomy, and hospitality. The Puerto Rico Tourism Company created the brand in 1973, to highlight Puerto […]
The population trends in Puerto Rico reflected in the latest 2020 Census report will require the government to adopt strategies and policies to address a population situation very different from the one that has characterized the island. Furthermore, there are fewer people living on the island and in this reduced population, the older cohorts have […]
Casino del Mar at La Concha Resort andsports betting and iGaming company, BetMGM, announced a strategic partnership through which the latter will expand its retail and mobile sports betting offerings to Puerto Rico, marking its first market access agreement outside of the US mainland. “Paulson & Co. is always in search of innovation in services […]
Recognizing the complexity of the response to the local COVID-19 epidemic in Puerto Rico, nonprofit organization Ciencia Puerto Rico has established more than a dozen multi-sectoral partnerships with other non-profits, community entities and government agencies. The goal is to strengthen the capacity of their responses, particularly around COVID-19 education, prevention, and vaccination promotion, using CienciaPR’s […]
More than 150 companies that have applied for the “Our people are vaccinated” seal received the recognition from VOCES, the Coalition of Immunization and Health Promotion Inc., for having their employees 100% vaccinated. VOCES is a nonprofit organization that raises awareness and educates about the importance of immunization and health promotion. The list of companies […]
Edmundo B. Fernández Inc., the Puerto Rican manufacturing company of Ron del Barrilito announced the start of a new plantain farming project that will directly benefit local nonprofits. The first harvests, which exceeded 3,000 pounds at the Hacienda Santa Ana farm, were donated to El Comedor de la Kennedy, owned by chef Iván Clemente, who […]
Microjuris.com CEO Ataveyra Medina-Hernández is urging the legal community to complete the 2021 version of the longitudinal study on the legal services market in Puerto Rico. A sample of lawyers in Puerto Rico should have received an email with the option to participate in the 2021 edition of the study. “We urge you to participate […]
Marina Puerto del Rey, the largest marina in the Caribbean, has been sold to Texas-based Safe Harbor Marinas in a transaction that closed on Sept. 1, the buyer announced. The financial terms of the deal were undisclosed. “We are very excited to welcome Puerto Del Rey to Safe Harbor,” said Jason Hogg, chief investment officer […]
The Enrique “Coco” Vicéns Recreational and Cultural Center, known as “La Guancha” in Ponce, received a $6.7 million allocation from the Federal Emergency Management Agency (FEMA), for permanent repairs, the agency announced. In addition to being a meeting place, the iconic complex in the island’s second-largest town is key for its economy. During regular operations, […]
On Aug. 31, we were all surprised to see that the Centers for Disease Control, known as CDC, issued a warning against traveling to several worldwide destinations and two US territories Guam and Puerto due to an increase in coronavirus cases. The CDC raised Puerto Rico to what they refer to as “Level 4,” to […]
In the government of Puerto Rico, we believe in coordination, rather than confrontation, with the Financial Oversight and Management Board (FOMB) to bring their mission to conclusion as soon as possible. In the case of the Puerto Rico Aqueduct and Sewer Authority (PRASA), the Administration of Gov. Pedro Pierluisi is convinced that PRASA’s successes should […]
The Purchasing Managers Index (PRM-PMI) for Puerto Rico’s manufacturing sector increased to 55.8 in July, an expansion over the prior month. The index is a collaborative effort between the Puerto Rico Manufacturers Association and the Puerto Rico Institute of Statistics that measures several components related to the sector. The Employment (55.8), Suppliers Delivery (71.2) and […]
The U.S. Department of Agriculture is seeking input on ways to make it easier for nonprofit groups and other organizations to help businesses form cooperatives. The agency is seeking recommendations to streamline application requirements and make other improvements to the Rural Cooperative Development Grant (RCDG) program, said Luis R. García, USDA Rural Development acting state […]
A trio of government agencies — the Puerto Rico Aqueduct and Sewer Authority, the Infrastructure Financing Authority (AFI, in Spanish), and the Health Department — announced the signing of an agreement to carry out $46 million in improvements to the water utility’s infrastructure. During a news conference, officials from all agencies confirmed that the money […]
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