Puerto Rico looks to Congress to secure increased manufacturing activity
May 26, 2021
Representatives of the island’s pharmaceutical, aerospace, medical devices, and accountants, among other private sectors, expressed their support for the Medical Manufacturing, Economic Development and Sustainability Act, submitted in Congress by Puerto Rico Resident Commissioner, Jenniffer González. The bill was touted as “an ideal route to strengthen Puerto Rico’s position as a national manufacturing center.” The […]
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FCCA cruise conference to return to Puerto Rico after pandemic hiatus
May 26, 2021
The Florida-Caribbean Cruise Association announced that the FCCA Cruise Conference – the only official cruise conference representing the Caribbean, Mexico and Central and South America – will return to San Juan next year. Taking place from June 1-3, 2022, the event will feature a reworked agenda with a focus on one-on-one meetings and expanded networking […]
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Siembra Lista to sell local farming, artisanal products at gas station kiosks
May 26, 2021
Siembra Lista, a new concept to market Puerto Rico’s agricultural and artisanal products, was recently launched across a number of gas stations following a $30,000 investment, company executives confirmed. So far, gas stations in Naguabo, Bayamón, Guayama, Caguas, San Juan, Naranjito, Carolina and Fajardo, as well as community pharmacies, are featuring the unique kiosks stocked […]
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Practical Techie: The push for smart thinking machines
May 26, 2021
It’s not easy to foresee things but the Practical Techie likes to peer out into the near future now and then to speculate about what technological advances will come our way. First, a few facts about the present. As it is well known, artificial Intelligence is the strongest development now in terms of high-tech research […]
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Op-Ed: The storm we’re not preparing for…inflation or hyperinflation
May 26, 2021
As May rolls out, and June approaches, all the meteorological and emergency management pundits start their media tours to forewarn everyone on getting prepared for hurricane season, which will last up until November. The warnings become full campaigns, which will flood the airwaves and the social media environment hoping that preparations will somehow reduce the […]
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Labor Dept. to train employers on Work Opportunities Promotion Fund
May 26, 2021
The Puerto Rico Labor Department will offer guidance to employers who wish to benefit from salary incentives from the Work Opportunities Promotion Fund, agency Secretary Carlos J. Rivera-Santiago announced. “We will soon begin the compulsory orientation course for public and private employers who are interested in submitting proposals for Fiscal Year 2022, as provided by […]
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Puerto Rico drivers may now take learner’s permit test online
May 26, 2021
The Department of Transportation and Public Works (DTOP, in Spanish) is making the Puerto Rico’s learner’s permit exam available online, agency Secretary Eileen M. Vélez-Vega announced. Called the Virtual Learning test, (AVI, in Spanish), the platform will allow thousands of citizens to take the driver’s test from home, using a tablet or computer with internet […]
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B2B Funding grants $4M to businesses hit by COVID-19 to continue operations
May 25, 2021
B2B Funding, established in Puerto Rico in 2016, to offer financing alternatives to local entrepreneurs, said it has awarded about $4 million to more than 150 businesses that continue to operate despite the challenges they have faced during the COVID-19 pandemic. The funding has been assigned through its business loan programs, approved during the months […]
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Puerto Rico-made SunBeat Energy solar energy storage systems make local debut
May 25, 2021
Local entrepreneur Máximo Torres, who has more than 30 years of experience in the renewable energy field, unveiled the SunBeat Energy battery and inverter line, which he developed. To launch the product line and create an inventory, SunBeat Energy has invested some $2 million, and will create about 30 direct and indirect jobs on the […]
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Seminar planned to discuss centralization of Puerto Rico gov’t procurement
May 25, 2021
The Puerto Rico Chapter of the Associated General Contractors of America (AGCPR) and the General Services Administration (GSA) are joining forces to guide the construction industry and the private sector in general on the centralized procurement process under Act 73 of 2019. The seminar will be held June 10 from 8:30 a.m. to 2:30 p.m. […]
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Puerto Rico Chamber of Commerce of Central Florida embracing all nationalities
May 24, 2021
ORLANDO, FL — The Puerto Rico Chamber of Commerce of Central Florida’s executive board has a “clear and precise vision” of embracing not only businesses and professionals coming from Puerto Rico, but small entrepreneurs of all nationalities seeking to establish themselves in Central Florida. Jorge H. Figueroa, president of the nonprofit entity — which has […]
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La Burguesía opens at Distrito T-Mobile following $900K investment
May 24, 2021
The fourth gastronomic concept at the Distrito T-Mobile entertainment complex, La Burguesía restaurant, has opened for business following a $900,000 investment. With an irreverent tone, the restaurant satirizes bourgeois society through its gastronomic offer and design. Its operators send the message by taking a universal dish and elevating its quality, offering a “bourgeois” product at […]
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Copan Industries Inc. announces $78M expansion in Aguadilla
May 24, 2021
Copan Industries Inc. in Aguadilla has announced an $78 million expansion of its facilities, $9 million of which will be used primarily for construction, while the remainder will be used for machinery and equipment, officials said. “This expansion will help more professionals have job opportunities, stay here and contribute to the economic development of our […]
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Puerto Rico Economic Development Bank launches Center for Economic Studies
May 24, 2021
Puerto Rico Economic Development Bank President Luis Alemañy announced the creation of the Center for Economic Studies to benefit of small- and mid-sized businesses, entrepreneurs and investors. The expectation is that through this center, the bank can regularly publish certain economic and financial metrics from the macroeconomic point of view but landing on the micro […]
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SLS Tech continuing education firm to accept bitcoins in Puerto Rico
May 24, 2021
SLS Tech has become the first remote continuing education company in Puerto Rico to accept cryptocurrencies as one of its payment methods, President Ian Falú said. “Since last year, we had the desire to expand the offer of payment options and we got approaches from users, listening to this possibility. This year we were given […]
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