The Consumer Technology Association (CTA), a trade association representing the United States consumer technology industry, announced the new group of honorees in its 2020 Consumer Technology Hall of Fame, naming parallel18 graduate, re: 3D Inc., as “Company of the Year” for 2020. The association celebrates leaders in the technology industry who advance innovation and develop, […]
Upon confirming Liberty Communications of Puerto Rico LLC’s recovery from the 2017 hurricanes, including the improvement of its financial profile, and the restoration of service, Fitch Ratings has affirmed all of the company’s ratings, including the Long-Term Foreign Currency Issuer Default Rating (IDR) at ‘B+’. Fitch also affirmed the ‘BB-‘/’RR3’ ratings on the company’s secured […]
The Joint Regulation for the Evaluation and Issuance of Permits Related to Development, Use of Land and Business Operation (Joint Regulation 2020) proposed by the current administration and whose public hearings were held last week, would allow, among other things, the combination of uses in the same soil. This would put at risk many agricultural […]
As the U.S. Small Business Administration marks 10 years of supporting small business growth through its competitive State Trade Expansion (STEP) grant program, the federal agency announced the newest round of state awards that support export growth among United States small businesses. The SBA is providing $384,930 to the Puerto Rico Trade & Export Company […]
U.S. Customs and Border Protection (CBP) announced it will invite new airports to participate in the Preclearance program for the first time since 2016. Interested foreign airports may apply for Preclearance by submitting an application through the CBP website. “Preclearance strengthens our partnerships abroad and provides benefits to passengers, airports, governments, and airlines,” said William […]
The Puerto Rico Cardiology Society and the Janssen Pharmaceutical Companies of Johnson & Johnson launched the “Connect with Your Health” educational campaign, focused on the message that despite the limitations of daily life because of the pandemic, people should not neglect their health and continue to visit their doctor. “The reality we’re living has created […]
The U.S. Department of Commerce’s Bureau of Economic Analysis released prototype annual estimates of gross domestic product (GDP) for Puerto Rico for the years 2012 to 2018, the agency announced. This publication “represents another major step by the Bureau to develop comprehensive economic accounts for Puerto Rico that are consistent with international guidelines and that are […]
The U.S. Department of Agriculture’s Natural Resources Conservation Service (NRCS) Caribbean announced the first sign-up period for Fiscal 2021 Environmental Quality Incentives Program (EQIP) funding to address farmers’ natural resource concerns. EQIP is a voluntary conservation program that provides financial and technical assistance to farmers and ranchers to help install and implement conservation practices on […]
Three Puerto Rico-based start-ups — INSU Health Design, Cinco and Skootel — won the top spots during the first edition of the Bravo Family Foundation’s Rising Entrepreneurs Program, with each receiving $60,000 for their businesses. INSU Health Design, is a company that provides a bio-medicine storage solution in times of disaster, CINCO, is dedicated to […]
The Access to Information Clinic of the InterAmerican University of Puerto Rico Law School has received a $270,000, three-year grant to expand its services to promote and defend the constitutional principles of freedom of press and expression, including access to public information, particularly for journalists and the media. “We’re proud to announce that we were […]
A group of 32 credit unions in Puerto Rico received about $6 million in assignments from the U.S. Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) to expand their services to economically disadvantaged communities. The allocation constitutes the largest amount granted by the U.S. Treasury to co-ops in Puerto Rico, reaching $10 million […]
As part of the activities to commemorate World Tourism Day on Sept. 27, the Puerto Rico Tourism Co. published a schedule of official activities to mark the occasion. These activities will be held in the upcoming weeks and showcase “Tourism and Rural Development,” the theme chosen by the World Tourism Organization (UNWTO) for the 40th […]
Puerto Rico Federal Credit Union (PRFCU), in conjunction with the Federal Home Loan Bank of New York (FHLBNY), granted $100,000 in financial assistance to a number of local nonprofits that were affected by the COVID-19 pandemic. The capital injection came from the Small Business Recovery Grant Program, the institutions said. Among the entities that received […]
Aware of the need that students have given the challenges presented by the need for distance learning that the COVID-19 pandemic has brought, the Sor Isolina Ferré Centers (CSIF, in Spanish) delivered tablets to students of its alternative schools in Ponce, Caimito and Guayama who did not have this tool for their education. About 100 […]
The announcement last week that Puerto Rico will receive almost $13 billion in new disaster aid from the Federal Emergency Management Agency, primarily to rebuild the island’s power grid, is credit positive, Moody’s Investors Service said. “The announcement is credit positive for both Puerto Rico Electric Power Authority (PREPA: Ca, Neg) and the Commonwealth of […]
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