Puerto Rico Health Secretary Carlos Mellado has signed a new Administrative Order that effective April 28, will impose a $300 fine on all travelers who fail to present a negative COVID-19 test within 72 hours prior to their arrival to the island. However, he said the fine will be removed once the traveler submits the […]
Puerto Rico’s average worker makes about $25,332 a year, according to a study by the Census Information Center of the University of Puerto Rico in Cayey, based on numbers from the US Census for 2017. The Center’s Director, Economist José Caraballo-Cueto, explained that the most recent economic Census provides data on a cross-section of private […]
The Puerto Rico Community Foundation has launched the first phase of its project to establish redundant power for the island’s community water supply systems, which will guarantee uninterrupted access to running water in rural communities during natural disasters. The project entails a $25 million grant, issued through the Federal Emergency Management Agency’s risk mitigation program, […]
Web technology makes continuous inroads into physical reality, this time attempting to replicate one of our most precious senses: the human touch. Touch gives us a deeper understanding of things, which cannot be fully experience by sight, or hearing. The task ahead is to replicate as much of its real life tact authenticity into machines. […]
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 […]
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 […]
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 […]
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 […]
The U.S. Small Business Administration announced details on application requirements, eligibility, and a program guide for the $28.6 billion Restaurant Revitalization Fund (RFF), which seeks to help bring back jobs and revive one of the hardest-hit economic sectors since the start of the COVID-19 pandemic. The SBA will administer the funds to the most affected […]
The first 10 new operating rooms to be located at the Río Piedras Medical Center’s Julio A. Pérez building were recently unveiled following a $5 million investment, the government’s Medical Services Administration, which manages the hospital, announced. In these rooms, general surgeries, orthopedic surgeries, ear-nose and throat, ophthalmology, urology, maxillofacial and neurosurgery can be performed, […]
U.S. Customs and Border Protection Officers and Import Specialists in the Port of San Juan recently seized 1,869 counterfeit Viagra pills and 1,620 half-face motorcycle helmets that did not comply with National Highway Traffic Safety Administration regulations, it announced. Combined, the confiscated items had a street value of $436,649, the agency confirmed. “Consumers and small […]
Puerto Rican grocery store chain Selectos announced it has introduced its Easy Shop app to shoppers in the US mainland looking to make purchases for people residing on the island. Mayreg Rodríguez, executive director of Selectos, said the grocery store is looking to reach the estimated seven million Puerto Ricans living in the continental US, […]
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 […]
Casa Febus, the Puerto Rico-based home décor boutique, recently opened its third retail location in Orlando, Florida, following a $150,000 investment. The 6,060 square foot store located in Waterford Lakes Town Center will provide home decor lovers “a boutique shopping experience at affordable prices.” In 2015, Casa Febus began expanding its operations to Florida, with […]
Puerto Rico-based pharmacy benefit manager Abarca, which is disrupting the industry with a new approach to technology and business practices, announced it had been selected to present its pharmacy engagement program at the 2021 annual US Academy of Managed Care Pharmacy conference. The annual managed care conference is attended by more than 1,000 healthcare leaders […]
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA