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 […]
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 […]
OFG Bancorp, the financial holding company for Oriental Bank, reported results for the first quarter ended March 31, 2021, which reflected $127.7 million in revenue, a slight drop when compared to $132.8 million reported for the fourth quarter of 2020. The financial institution explained that the last quarter of 2020 benefited from $3.9 million in […]
Today, as the world observes the annual Earth Day celebration — under the “Restore Our Earth” motto — a cross-sector of industries have stepped forward to show their commitment to a better Puerto Rico and planet. Restoring the planet encompasses ongoing individual and collective efforts to achieve results in the short-, middle-, and long-term. It […]
In anticipation of its upcoming “Having a roof is a right: Common power against executions and evictions” virtual meeting, Puerto Rico Legal Aid (ALPR, in Spanish) announced the creation of a technological tool that allows identifying the level of risk of a foreclosure, the organization’s Executive Director Ariadna Michelle Godreau-Aubert announced. The virtual event will […]
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 […]
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 […]
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 […]
Net income to Puerto Rico’s General Fund shored up in February, the eighth month of the fiscal year, totaled $714.8 million, Treasury Department Secretary Francisco Parés confirmed. The official added that collections accrued through February totaled $6.8 billion, or $122.5 million more than the same period in fiscal year 2020, when collections reached $6.6 billion. […]
The Central Office of Recovery, Reconstruction and Resiliency (COR3) confirmed that disbursements to municipalities under the permanent works categories and participants of the Federal Emergency Management Agency’s (FEMA) Public Assistance Program reflected a 26% year-over-year increase during the first quarter, versus the same period in 2020. Agency Executive Director Manuel A. Laboy said that some […]
The Puerto Rico Tourism Co. met with the 25 companies certified under its agrotourism program to hand each one a $5,000 incentive check to promote business continuity, for a total of $125,000. During a meeting at Hacienda Cascada in Aguas Buenas agency Executive Director Carlos Mercado also unveiled a new promotional campaign that focuses exclusively […]
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 […]
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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