The Strategic Group PR sells breast cancer detection firm Provista Diagnostics
April 26, 2021
Strategic Investment Holdings, LLC, an affiliated entity of The Strategic Group, P.R., LLC announced it has completed the sale of Provista Diagnostics Inc., a women’s early-stage liquid biopsy-based cancer diagnostics firm. Based in Alpharetta, GA, the firm developed the proprietary breast cancer blood test, Videssa, was sold to Todos Medical, Ltd., a publicly traded company. […]
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FEMA awards $6.2M+ to Puerto Rico ecotourism hotspots
April 23, 2021
Environmental protection allows the population to enjoy nature, while contributing to their well-being and also indirectly promotes the creation of small business in the ecotourism industry. This positive cascade effect is how Federal Disaster Recovery Coordinator for Puerto Rico and the U.S. Virgin Islands, José Baquero Tirado, described the recent $6.2 million obligation to the Department of […]
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Agriculture Dept. creates culinary competition to promote local products
April 23, 2021
Looking to promote farming and the consumption of locally sourced food, the Agriculture Department announced the start of the “Chef Del País” competition between culinary arts students that seeks chefs-in-training to prepare innovative recipes with local products. The cook-off was created in partnership with the InterAmerican University of Puerto Rico, Ana G. Méndez, ICPR Jr. […]
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Interactive maps promote planning for Puerto Rico’s vulnerable communities
April 23, 2021
The Foundation for Puerto Rico and the Puerto Rico Housing Department unveiled the Interactive Vulnerability and Risk Maps, a digital tool that was developed as part of the nonprofit’s Whole Community Resilience Planning (WCRP) Program. With the publication of this tool, citizens will be able to see data and interactive maps that promote knowledge about […]
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Op-Ed: ‘Puerto Rico has a PhD in resiliency’
April 23, 2021
José M. Suárez made that statement during a recent virtual panel among travel industry leaders, who shared lessons learned from the COVID-19 crisis. And I couldn’t agree with him more. It’s a phrase we share frequently here at Discover Puerto Rico, the island’s Destination Marketing Organization (DMO) for which José serves as chairman of the […]
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USDA Puerto Rico invests nearly $100K in rural water, energy infrastructure
April 23, 2021
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 […]
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JaxPort, Puerto Rico Ports Authority to sign MOU to grow jobs, economy
April 23, 2021
The Puerto Rico Ports Authority and JaxPort, the Jacksonville Port Authority, will sign Memorandum of Understanding next week to affirm the maritime partnership between the two facilities. The agreement will focus on strengthening this partnership to create jobs and opportunity for both Northeast Florida and Puerto Rico. On hand for the signing will be Florida […]
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Caribbean Produce donates $25K to restore San Patricio State Forest
April 23, 2021
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 […]
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OFG Bancorp reports $127.7M in 1Q21 revenue, benefits on loan originations
April 22, 2021
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 […]
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Earth Day ’21 marked by cross-sector effort to better Puerto Rico, the planet
April 22, 2021
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 […]
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Puerto Rico Legal Aid unveils tech tool to identify level of risk of foreclosure
April 22, 2021
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 […]
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Puerto Rico Dept. of Labor gets $301K from federal counterpart to put people back to work
April 22, 2021
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 […]
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NYC, SJ mayors strike partnership to coordinate events, emergency response
April 22, 2021
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 […]
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Puerto Rico Sales and Marketing Executives Assoc. marks 70th anniversary
April 22, 2021
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 […]
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Gov’t revenue collections for February beat forecast by $110.4M
April 21, 2021
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. […]
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