The US Small Business Administration’s Paycheck Protection Program (PPP) has ended, as funding has run out more than two weeks before the program’s official May 31 deadline, sources have confirmed to News is my Business. Sources not authorized to speak publicly have confirmed the information that was first reported by The New York Times. According […]
The Middle States Commission on Higher Education has accredited all of the University of Puerto Rico’s campuses to offer its virtual learning curriculum as part of its efforts to expand its reach and learning experience for students in and outside Puerto Rico. UPR President Jorge Haddock said as a result of the COVID-19 pandemic, Puerto […]
The price of locally produced fresh milk will increase for the first time since 2014, to offset an increase in production costs evidenced in a recent economic study by the Agriculture Department’s Dairy Industry Regulatory Office (ORIL, in Spanish). During a news conference, Agriculture Secretary Ramón González and ORIL Administrator Javier Lugo-Rullán confirmed that effective […]
The Condado Ocean Club Hotel in San Juan and Base Co-Work announced a collaboration agreement to launch the “Work-Based Vacay” package to travelers looking to merge the work and vacation experiences. The package will be available from May 1 to Sept. 30, 2021. “For those people who want to transport their work from home to […]
The Cooperative Development Commission and the Pontifical Catholic University of Puerto Rico (PUCPR) are partnering to promote the co-op structure as an effective business model for entrepreneurship. CDCo-op Commissioner Glorimar Lamboy-Torres, PUCPR President Jorge Iván Vélez-Arocho signed an agreement recently that seeks to establish the foundations and joint work plans to develop and run services […]
The former Roosevelt Roads Naval Base, which has been in the hands of the Puerto Rico government for about eight years, will undergo a $50 million infrastructure upgrade in preparation for the selection of a master developer for the property, News is my Business confirmed. Nilda Marchán, executive director of the Local Redevelopment Authority for […]
Looking to “significantly improve the traveler experience,” the Puerto Rico Ports Authority is working on the design of a $10.1 million remodeling of the Rafael Hernández International Airport in Aguadilla’s passenger terminal, agency Executive Director Joel A. Pizá-Batiz announced. The design of the improvements is being carried out by MGA Consultant, which Ports contracted to […]
WorldNet Telecommunications, founded in San Juan in 1996, is marking its 25th anniversary with a string of accomplishments, including an increase in revenue of 28% and of 86% in accounts at the end of its fiscal year, it announced. The success is attributed to “sales efforts, product development and the acquisition of some commercial assets […]
The American Red Cross Puerto Rico Chapter has partnered with MCS Foundation and TransCita, the transportation services company, to promote disaster preparedness among seniors for the upcoming hurricane season. Through this partnership, 5,000 seniors who receive transportation services from TransCita will receive a disaster and emergency preparedness booklet from the American Red Cross. In addition, […]
The Combate Beach Resort hotel announced the addition of a job and training program, along with a scholarship, to motivate active school and college students who want to grow professionally in the hotel and hospitality fields. The hotel in Cabo Rojo is specifically seek candidates for the areas of reception and customer service, restaurant, room preparation, and administration. “This is […]
Iconic structures such as Santa Catalina’s Palace, known as La Fortaleza, La Casa del Libro museum/library and several historic cemeteries in San Juan will be repaired with an obligation of more than $7.4 million from the Federal Emergency Management Agency (FEMA). The award aims to bring the facilities to their pre-Hurricane María conditions, the agency […]
The Hospital de la Concepción in San Germán announced it has broken ground on the construction of a new $8.1 million Skilled Nursing Facility for older adults with acute medical conditions. The facility will house 30 beds, round-the-clock nursing care, and rehabilitation therapies. The project will generate 150 jobs in the construction phase, and 50 […]
The third eatery that is part of the gastronomic lineup at the Distrito T-Mobile entertainment venue in the Miramar sector of San Juan, Sazón Cocina Criolla, has opened its doors following a $1.7 million investment. The 3,300 square-foot restaurant featuring authentic Puerto Rican cuisine, will be located at the district’s Central Plaza, and will join […]
Puerto Rico’s small- and mid-sized businesses (SME’s) looking to grow their operations may be eligible for as much as $100,000 in seed funding from a number of programs under the Department of Economic Development and Commerce (DDEC, in Spanish). During a roundtable discussion to mark small business month, the agency brought together five companies — […]
BookSloth, a mobile app created in Puerto Rico to connect young adult readers worldwide to share their love for books, has launched online clubs where they can discuss and talk about the books that matter to them. Co-founders Lincy Ayala (CEO) and Xiomara Figueroa (CTO) have announced that this update will not only connect readers […]
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA