Professional groups deliver 2 homes under the ‘Mi Casa Resistente’ project
February 26, 2021
The College of Engineers and Land Surveyors, in collaboration with several partners, delivered the keys of two of their houses built under the “Mi Casa Resistente” (“My Resistant Home”) project, at a cost of $95,000 each. The trade group known as the CIAPR in Spanish, worked with the College of Architects and Landscape Architects, the […]
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Distance learning, telemedicine projects in Puerto Rico get $771K from USDA
February 26, 2021
The U.S. Department of Agriculture (USDA) announced it is investing $771,333 in two Projects in Puerto Rico that will help rural residents gain access to health care and educational opportunities. The Centros Sor Isolina Ferre in Guayama and Clínica Las Américas in Guaynabo have been selected to receive grant funding, said Luis R. García, USDA […]
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MCS Foundation raises $562K for ’21 projects; announces new Board chair
February 26, 2021
Through its “A call for our people in need” campaign, the MCS Foundation announced it exceeded its goal by raising $562,000 through personal and corporate donations for its 2021 projects. In line with its annual commitment, MCS Healthcare Holdings LLC. will double the raised amount, it confirmed. “We’re extremely grateful to have philanthropic friends and […]
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OBoard’s new agreement with bondholders would leave local gov’t without cash by ’29
February 25, 2021
The proposed new agreement struck recently by the Financial Oversight and Management Board for Puerto Rico with bondholder groups implies higher annual fixed payments and cash disbursements and for a longer period of time than in the October 2020 proposal, according to Espacios Abiertos Senior Public Policy Analyst Daniel Santamaría-Ots. “What remains constant with this […]
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Puerto Rico Open golf tourney to generate $5.7M for economy
February 25, 2021
As part of the safe restart of sports tourism in Puerto Rico and its direct impact in the local economy, the 13th edition of the Puerto Rico Open will be held through Feb. 28, generating $5.7 million for the local economy and creating more than 1,000 direct and indirect jobs, government and tournament officials said. […]
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Lack of funding delays integration of 18 yrs. of seismic data into Puerto Rico’s earthquake hazard maps, Building Code
February 25, 2021
By Rafael R. Díaz TorresCenter for Investigative Journalism Machines costing thousands of dollars are operated from a small office on the college campus. Keeping them in good condition costs the government’s coffers several million annually. They are seismic and tide-gauge station devices that are part of the tsunami and earthquake detection system. Monitoring this information […]
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FEMA obligates $2.2M to promote recovery of Puerto Rico’s natural reserves
February 25, 2021
After Hurricanes Irma and María, trees, endemic birds and other forms of wildlife lost their habitats, or their populations dwindled in various protected areas in Puerto Rico. To help the recovery of the different structures in these ecologically valuable areas, the Federal Emergency Management Agency (FEMA) granted more than $2.2 million to the Department of […]
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Op-Ed: Yes, we have Thin Mints…and entrepreneurial skills and STEM programs
February 25, 2021
It’s that delicious time of the year — Girl Scout cookie season is here! This time around, you can expect things to be a little different, but our girls are ready to tackle the challenges of COVID-19 and embrace new ways of doing cookie business. Most of us know it as the Cookie Program, but […]
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Inversión Cultural opens call for educational program for artists
February 25, 2021
Inversión Cultural announced the call for its educational program to promote entrepreneurship and cultural management that will be conducted virtually and that is aimed at artists and entities from the cultural and creative sector. This program seeks to provide the necessary tools to strengthen administrative and business skills through educational sessions, the nonprofit said. The […]
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Dorado Beach, A Ritz-Carlton Reserve included in list of best hotels in the world
February 25, 2021
Dorado Beach, a Ritz-Carlton Reserve announced that the property has been recognized as one of the best hotels in the world according to the Travel+Leisure 2021 “T+L 500 list.” Drawing on The Reserve’s recent recognition as one of The Best Resort Hotels in the Caribbean, Bermuda, and the Bahamas in the Travel+Leisure 2020 World’s Best […]
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PathStone begins accepting new funding applications from SMEs
February 25, 2021
Nonprofit organization, PathStone Enterprise Center Inc., (PECI) began receiving and evaluating applications for financing under its Assistance and Loan Program for new clients looking to establish their own business or expand an existing business. “At PathStone Enterprise Center we recognize the tough path that entrepreneurs experience in search of the necessary financing for the development […]
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Tesla opening 1st service center in Puerto Rico in March
February 24, 2021
Electric automobile and renewable energy solutions manufacturer, Tesla, is opening its first vehicle service center in Puerto Rico and the Caribbean in March, this media outlet confirmed. “It’s pretty amazing that we finally got approved to open something down here to bring business to Puerto Rico, which is much-needed. So, we’re excited all-around,” said a […]
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Congress files bill to end conflicts of interest in PROMESA debt restructuring
February 24, 2021
Rep. Nydia M. Velázquez (D-NY) has introduced the “Puerto Rico Recovery Accuracy in Disclosures Act of 2021.” Known as PRRADA, the bill would extend current US law to require disclosures of conflicts of interest in all PROMESA bankruptcy proceedings in Puerto Rico, and thereby improve transparency and restore confidence in the island’s future. Senator Bob […]
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Data analytics firm Abexus predicts 110K new cars will be sold in Puerto Rico in ’21
February 24, 2021
Abexus Analytics, a firm based in Puerto Rico, predicted that 110,000 new cars will be sold this year, a more optimistic forecast than last year. “This forecast is significantly more optimistic than in 2020 thanks in large part to federal mitigation funds for COVID-19 as well as disaster relief funds through the Community Development Block […]
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Foundation for Puerto Rico unveils new Center for Strategic Innovation
February 24, 2021
The Foundation for Puerto Rico unveiled its Center for Strategic Innovation, whose mission will be to transform Puerto Rico’s socioeconomic development. The entity will be led by former gubernatorial candidate Alexandra Lúgaro. The Center seeks to achieve transformative change in Puerto Rico and the rest of the world through research and cross-sector partnerships, the nonprofit […]
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