Company executives and government officials broke ground on the future LUMA College for Technical Training, a $10 million training facility being funded by LUMA parent companies ATCO and Quanta Services. Assessments, onboarding and workforce development are already underway at the LUMA College site, which will become fully operational in phases over the next few months […]
The Chamber of Marketing, Industry and Food Distribution (MIDA, in Spanish) has filed a civil lawsuit seeking an injunction to prevent the enforcement of new transportation rates on existing contractual agreements, to prevent a hike in food prices. According to the lawsuit filed at the US District Court for Puerto Rico, the trade group seeks […]
Puerto Rico’s key electrical system privatization initiative has been a long-shot to save money for the people of Puerto Rico — and the odds are getting longer, according to an analysis of the 15-year contract with LUMA Energy and its proposed budgets for the next three years. An Institute for Energy Economics and Financial Analysis […]
The U.S. Department of Labor announced the award of $100,000 to One Stop Career Center of Puerto Rico Inc. to expand its fidelity bonding program, which supports employers that hire workers considered “at-risk” due to prior involvement in the criminal justice system, as well as those in recovery for substance abuse. These workers often face […]
The Fiscal Agency and Financial Advisory Authority (AAFAF, in Spanish) announced it has opened the call for applications for its José M. Berrocal Summer Internship, a work and learning space that promotes research and professional development of university students of law, finance, economics and accounting. The mission of the AAFAF summer internship is to promote […]
To continue offering services that respond to the needs and preferences of its customers, Popular announced the launch of its “new and improved” PREMIA loyalty program. It features a new digital platform that provides a better points redemption experience through any device, said Solimar Cedeño, vice president of Individual Credit at Popular. “We’re very excited […]
Insurance provider MCS recently reached a collaborative agreement with nonprofit organization Acción Social de Puerto Rico (ASPR), donating 102 tablets and training time for participants at the Centros de Servicios Múltiples para el Adulto Mayor facility. Participants will be able to take advantage of the services and virtual workshops offered by the entity and learn […]
Passenger movement through the Luis Muñoz Marín International Airport surged by 42.9% year-over-year in March, when 751,974 people used the facility, versus the 526,181 recorded during the same month in 2020, which was significantly impacted by severe downturns in business and leisure travel stemming from the COVID-19 pandemic. Traffic in March 2021 benefitted from four […]
The Federal Emergency Management Agency (FEMA) approved an obligation of some $18.4 million for permanent repairs to the Roberto Clemente Walker Stadium, a sports facility managed by the Municipality of Carolina. Aside from its sociocultural importance, the home of professional baseball’s Carolina Giants team “plays a very important role in Carolina’s economy,” the federal agency […]
The U.S. Small Business Administration will officially open the Shuttered Venue Operators Grant (SVOG) application website at noon today for operators of live venues, live performing arts organizations, museums and movie theaters, as well as live venue promoters, theatrical producers and talent representatives to apply for critical economic relief, as those eligible entities are some of the first […]
An objective analysis of the award of a 15-year privatization contract for Puerto Rico’s electrical system to LUMA Energy raises numerous red flags about the integrity of the process. LUMA is scheduled to take over the non-generation functions of the Puerto Rico Electric Power Authority (PREPA) on June 1, including transmission, distribution, billing, customer service, […]
The US Department of Agriculture announced the availability of grants to improve rural transportation systems under the Rural Business Development Grant program. Eligible applicants are organizations seeking to provide rural communities with training and technical assistance to improve transportation services and facilities. USDA does not provide funding directly to individuals under this program. News is […]
The Transportation Security Administration (TSA) is back to screening passengers across Puerto Rico again at the Mercedita International Airport in Ponce and the Rafael Hernández International Airport in Aguadilla. Both airports reopened for business on April 1 after being closed for more than a year. Although while not at the airport, the TSA’s screening workforce […]
The Puerto Rico Institute of Statistics announced the renewal of its agreement with the US Census Bureau’s State Data Center program through 2026, which will allow the local agency to continue distributing statistical reports and publications by the federal entity. Those reports include the Puerto Rico Community Survey, official statistics on the decennial population and […]
In an effort to collaborate with local business leaders in the tourism, events, and advertising sectors, Discover Puerto Rico gathered a group of key local leaders to support its initiatives through a Local Advisory Board. The group’s mission is “to work together strategically to continue growing local businesses and improve the economic health of all […]
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