The U.S. Department of Energy’s Weatherization Assistance Program has opened an application round for Puerto Rico homeowners looking to qualify for lower energy bills by installing efficient equipment. The program is overseen locally by the Department of Economic Development and Commerce’s Energy Public Policy Program. “We urge citizens who meet the established requirements to request […]
Wireless carrier AT&T announced the availability of next-generation 5G technology across all of Puerto Rico, including Vieques and Culebra, as well as the U.S. Virgin Islands. AT&T began the deployment of the 5G network in June, starting with 58 municipalities, as this media outlet reported. The carrier also announced the availability of the new Apple […]
Oriental is announcing the launch of a unique new service for their commercial banking customers in Puerto Rico and the U.S. mainland – Fast Cash Multi Account. With this service, made possible through a partnership with Loomis, Oriental customers may make cash deposits from their premises to any Oriental Bank account without having to visit […]
Starting this week, food producers in the U.S. Virgin Islands and The Bahamas will have the opportunity to take free business workshops through World Central Kitchen’s Food Business Bootcamp, the nonprofit announced. The trainings will take place online once a week for food-related small businesses, such as farmers, fishers, and other food business. They are […]
The World Travel and Tourism Council (WTTC) granted its Safe Travels Stamp to the Puerto Rico Tourism Company (PRTC), making the island the first U.S. destination to be included in the international organization’s certification program. Tourism Co. Executive Director said the recognition “promotes the island’s image as an attractive, forward-thinking destination and, most importantly, as a place […]
Centro CRECE, a nonprofit organization that cultivates solutions to promote self-management and growth, announced the launching of the “Competitiveness Toolkit” for Puerto Rico. This analysis, developed in collaboration with the firm Inteligencia Económica evaluates Puerto Rico’s competitiveness in a global market and presents necessary reforms to improve the environment of doing business, fostering entrepreneurship, and […]
Nonprofit organization Ciencia Puerto Rico (CienciaPR) received a $230,000 grant from Science Sandbox, an initiative of the Simons Foundation, to create a collection of public engagement resources to help Puerto Ricans prevent COVID-19. The collection will include multimedia content (audio, videos, infographics), educational materials, and messages that are relevant to the Puerto Rican reality and culture, […]
A major contract signed with the LUMA Energy consortium may prevent Puerto Rico from building a safe, reliable and resilient electrical system, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). The deal to operate the island’s grid came in the wake of a series of devastating 2017 hurricanes and amounts […]
Triple-S Advantage, Dynamics Payments, and Mastercard have joined forces to introduce an all-in-one card in Puerto Rico that combines the traditional health plan ID with a prepaid card. It also simplifies the payment of OTC (over-the-counter) medications, as well as goods and services, to meet the needs of the Medicare Advantage population, the health insurer […]
The Plaza Las Américas and Plaza Del Caribe shopping centers announced the opening of new stores and establishments ahead of the upcoming holiday shopping season. For Eyes, Casa Febus Navidad and Gef France opened their doors in Plaza Las Américas, while Plaza Del Caribe received new tenants For Eyes and PenFed Credit Union, who moved […]
The U.S. Small Business Administration, in consultation with the Treasury Department released a simpler loan forgiveness application late last week for Paycheck Protection Program (PPP) loans of $50,000 or less. This decision could affect a little more than 32,000 PPP loans granted in Puerto Rico, according to SBA data released earlier this year. This action […]
Puerto Rico’s new car market showed a deeper contraction than that of the U.S. mainland from March to May — the peak quarantine months to curb the COVID-19 pandemic — but the local market has recovered much faster since then, according to a study by Abexus Analytics. According to the firm’s research entitled “Economic Trends […]
The Department of Economic Development and Commerce announced support for seven Puerto Rico-based companies in the food and textile production sector, whose total investments are close to $3.1 million and the creation of more than 700 jobs. The agency is supporting the expansion of Productos Chebo’s, Amasar LLC, Farm City, and Productos La Finca, which […]
Editor’s Note: This editorial column is meant to offer practical advice on technology tools that are ideal for the business community. It’s a very human trait, watching out for the competition. Whether it be in sports, politics, the love life, the neighbors, who’s top in the classroom or keeping with the latest trends. And, who’s […]
The Puerto Rico Hurricane Hub announced an investment of more than $71,000 in the Bureau for Emergency and Disaster Management to buy and install KP4 radios, antennas and solar panels in the government agency’s headquarters and its 10 regions throughout the island, including Vieques and Culebra. The goal of this initiative is to keep Puerto […]
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