The island municipality of Culebra is one of 13 communities selected to participate in “Local Foods, Local Places” (LFLP), a federal partnership program that supports community-led efforts to reinvest in existing neighborhoods, protects the environment, and improves residents’ health and quality of life through the development of the local food economy. The US Environmental Protection […]
The Financial Oversight and Management Board for Puerto Rico has spent five years cutting essential services, while staying away from the “deep pocket” of tax incentives that represent 67.7% of the total expenses related to the commonwealth’s General Fund, even though whether they produce some economic or social benefit is unknown, according to an analysis […]
This edition of Climbing the Corporate Ladder rounds up appointments of executives in the legal, academic and tourism sectors. Carrasquillo Law Group expands Puerto Rico practice groupCarrasquillo Law Group, PC, a boutique law firm headquartered in New York, which brings clients an international perspective with a local understanding, is expanding its Puerto Rico operations with […]
MMM Foundation recently donated $100,000 to be split among five nonprofit organizations that offer, at no cost, myriad services in healthcare, food, therapies, and virtual workshops in Puerto Rico. The selection process was by a committee that evaluated over 50 proposals. After selecting 16 finalists that met the requirements, five organizations were selected as recipients […]
The US Government Accountability Office released a report in which it concluded that the Federal Communications Commission (FCC) did its part in the restoration work after Hurricane María hit Puerto Rico in 2017, but it must clearly define its disaster response role moving forward. The FCC’s part included gathering network outage information and creating a […]
The Caguas municipal government has locked down a $19.2 million non-revolving line of credit from Banco Popular to finance expenses related to the recovery projects related to the damages caused by Hurricane María in 2017. Caguas Mayor William Miranda-Torres confirmed that the town’s administration approved an ordinance authorizing the financing. The town will use the […]
The US Department of Agriculture kicked off National Homeownership Month — which is part of the agency’s efforts to provide access to affordable housing — by offering payment moratoriums and modified application procedures. To assist homeowners facing current hardships, the USDA Rural Development is also working with new borrowers and their lenders to make special […]
Wireless carrier T-Mobile unveiled new services designed to help fuel a resurgence by small businesses in the post-pandemic digital world, with new plans to extend unlimited 5G Access included and an incentive to advertise on Facebook built into the package. “In Puerto Rico, small businesses make up 40% of the workforce in the private sector […]
Grupo Guayacán announced the official selection of 29 emerging businesses from Puerto Rico that will compete in the 16th edition of the EnterPRize business competition. As part of their selection, all companies will receive an initial incentive of $1,500 and the opportunity to compete for more than $220,000 in seed capital, among other prizes, the […]
Caribbean hurricane weather is upon us again with the new storm season that begins today. Meteorologists and forecasters in the local news channels keep us duly informed about the wuthering storms, but it’s prudent to know where to look on the Internet for data on other angles of the weather. This may include marine climate […]
The Department of Economic Development and Commerce (DDEC, in Spanish) announced that starting June 3, its Rums of Puerto Rico program, jointly with the brands it represents, will distribute $2.5 million in incentives to members of the alcoholic beverages sales and service industry. The funds will go to bar owners, alcoholic beverage retailers and mixologists/bartenders, […]
Editor’s Note: This post is sponsored by AON Puerto Rico. Studies have shown that healthy, happy and motivated employees deliver higher performance and remain more loyal toward their employers over time. A recent health survey held by Aon showed that 95% of employers recognize the link between wellbeing and productivity. Therefore, investing in the health […]
LUMA, the private consortium that will begin operating the Puerto Rico Electric Power Authority’s (PREPA) transmission and distribution system, offered details about its customer service options for clients. As of today, LUMA will have multiple channels for customers to communicate with the company. The toll-free customer service hotline is 1.844.888.5862 (LUMA). Calls made to PREPA’s […]
Air carrier Avianca announced it will resume operations between San Juan and Bogotá, Colombia on June 2, with direct flights that are expected to generate $1.5 million in economic benefits for Puerto Rico, island tourism officials said. Initially, the route will have two weekly flights, a number that is projected to increase during the summer […]
With the 2021 Atlantic hurricane season starting tomorrow, nonprofit organization Direct Relief is announcing a $3 million investment in new resilient power projects at six Puerto Rico health centers — part of a $5 million commitment to install solar power generation and battery storage at critical sites across the island. The projects include: Prymed Medical […]
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