20 children inaugurate new pediatric vaccination center in The Mall of San Juan
November 10, 2021
The Puerto Rico College of Surgeons inaugurated a pediatric vaccination center, where 20 children from nearby communities were able to get vaccinated against COVID-19, in the Mall of San Juan. The center is set to operate from 10 a.m. to 7 p.m. and is expected to vaccinate thousands of 5 to 11 year-old children from […]
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USDA grants $421K for economic dev’t in towns of Barceloneta, Naguabo
November 9, 2021
The US Department of Agriculture is awarding $421,295 to the towns of Barceloneta and Naguabo, to provide placemaking and planning assistance to help improve social, cultural, and economic structures for people living in rural communities. The agency is making the awards under its Rural Placemaking Innovation Challenge (RPIC) and in Puerto Rico, it partnered with […]
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SBA Associate Admin. kicks off Entrepreneurship Week in Puerto Rico
November 9, 2021
US Small Business Administration Associate Administrator Bibi Hidalgo, head of the federal agency’s Office of Government Contracting & Business Development, is visiting Puerto Rico early this week, the agency announced. Her visit is part of a national tour highlighting the United States’ economic recovery focused on boosting manufacturing, engaging socially and economically disadvantaged businesses on […]
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Oriental leads in 7(a), 504 SBA loan originations
November 9, 2021
The US Small Business Administration confirmed that Oriental established itself as the leading bank in loan origination volume under the agency’s 7(a) and 504 financing programs. “We reiterate our commitment to small and medium businesses. We’re here to help them to say ‘Yes I can’ achieve my company’s goals,” said Carlos Comas, director of Business […]
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SME opens call to nominate candidates for ’21 Top Management Awards
November 9, 2021
The Puerto Rico Sales and Marketing Executives Association (SME, in Spanish) has opened the call to nominate candidates for the Top Management Awards, which will run through Nov. 30. “The call is open to all towns in Puerto Rico and the nominee doesn’t have to be a member to compete,” said Daniel Pérez del Valle, […]
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Porsche Destination Charging network has 14 stations in Puerto Rico
November 9, 2021
With the upcoming installation of two 175-kilowatt chargers, Porsche Center Puerto Rico will become the first Porsche Center in Latin America and the Caribbean to have two high-speed chargers that can charge the Taycan’s battery in approximately half an hour, the company said. In addition to the new supercharger, in recent months six new chargers […]
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1st Macy’s Backstage on the island opens at Plaza Las Américas
November 8, 2021
Plaza Las Américas and Macy’s Backstage announced the upcoming opening of the first Macy’s Backstage store in Puerto Rico, on Nov. 20, in time for the busy holiday shopping season. Macy’s on-mall, off-price pop-up store will be located on the second level of the space previously occupied by Borders and will have approximately 14,000 square […]
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PRASA opens bid for 11 infrastructure projects worth $176M
November 8, 2021
The Puerto Rico Aqueduct and Sewer Authority (PRASA) will open bids for 11 infrastructure projects in December, whose total investment approaches $176 million, government officials said. The list of projects includes improvements to the raw water intake located in the Río Grande de Añasco, the completion of the rehabilitation of the Cidra dam, the design […]
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ICANN scraps in-person conference planned for March ’22 in Puerto Rico
November 8, 2021
The Internet Corporation for Assigned Names and Numbers (ICANN) announced that it will no longer hold its in-person ICANN73 convention in Puerto Rico on Mar. 5-10, 2022, going virtual instead, citing “continuing impacts of the COVID-19 pandemic.” The ICANN Board of Directors — which first announced plans to come to the island in 2019 — […]
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Triple-S Management Corp. reports $8.2M in 3Q21 net income
November 8, 2021
Healthcare services company Triple-S Management Corp. announced net income of $8.2 million, or $0.35 per diluted share, for the third quarter ended Sept. 30, compared with $23.6 million, or $1.02 per diluted share, in the prior year period. Adjusted net income stood at $9.6 million, or $0.41 per diluted share, during the most current quarter, versus $14.2 million, or $0.61 per diluted share, in the period in […]
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Executive appointments in Popular, Foxwoods Casino, PR Women’s Foundation
November 8, 2021
This edition of Climbing the Corporate Ladder reports on executive appointments in a cross-sector of industries in Puerto Rico. Popular names COO, chief legal officerPopular Inc. announced the appointment of Javier D. Ferrer as COO and head of business strategy. It also named José R. Coleman-Tió as executive vice president, chief legal officer and general […]
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Passenger traffic at LMM up 14.4% in October, vs. same month in ’19
November 8, 2021
Grupo Aeroportuario del Sureste, known as ASUR — whose subsidiary Aerostar Holdings operates the Luis Muñoz Marín International Airport (LMM) — confirmed that passenger traffic at the facility increased 14.4% in October, in comparison to the same month in 2019. The company compares current results to pre-pandemic numbers, which “reflect a continued overall recovery in […]
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Global Wireless Solutions ranks Liberty’s mobile network as Puerto Rico’s best
November 8, 2021
Virginia-based network testing company Global Wireless Solutions has once again named Liberty Puerto Rico’s mobile network as the best overall on the island, the company announced. This year, Liberty Mobile’s network also got top marks from the independent benchmarking, analysis and testing company as the most reliable and as the best coverage on the island. […]
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Ford Driving Dreams returns to Puerto Rico to support youth with $107K in funding
November 8, 2021
Ford Motor Company Fund has returned to Puerto Rico for the second Ford Driving Dreams program, in collaboration with partners of La Alianza para la Educación Alternativa — ASPIRA, Centros Sor Isolina Ferré, Nuestra Escuela, P.E.C.E.S., and Proyecto Nacer. The Ford Driving Dreams Puerto Rico program will consist of four phases and will award $107,000 […]
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Puerto Rican boxer Trinidad, father, sue Popular Inc. for $175M
November 5, 2021
Puerto Rican boxer Félix “Tito” Trinidad-García and his father, Juan Félix Trinidad-Rodríguez, are suing Popular Inc. — parent company of Banco Popular de Puerto Rico — for no less than $175 million in damages. In the lawsuit filed in the US District Court for the District of Puerto Rico, the Trinidads are “seeking fair and […]
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