The Ivy Hotel opens in Condado following $1M renovation
December 23, 2020
Magdalena Partners LLC, owners of The Ivy Hotel in the Condado sector of San Juan, inaugurated the property that emerges from the redesign and transformation of an existing structure, following a $1 million investment. The 26-room boutique hotel offers its guests the “combination of sophisticated style with a free-spirited attitude, in the urban setting of […]
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DACO unveils online appointment system
December 23, 2020
The Puerto Rico Consumer Affairs Department (DACO, in Spanish) unveiled a new online appointment system to give consumers access to orientation and the ability to carry out their procedures while avoiding lines and crowds, said agency Secretary Carmen Salgado. Through this link, people can coordinate their appointment to get services in person at any DACO’s […]
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Optima Health to administer COVID-19 medication in patients’ homes
December 23, 2020
Puerto Rican company Optima Health announced today that it will begin at-home treatment of the bamlanivimab drug for patients with COVID-19, as a measure to prevent the spread of this disease. Treatment administration will also be available at its Optima Infusion Center, at the Doctor’s Center in Manatí. The drug bamlanivimab, developed by pharmaceutical company […]
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33 entities taking part in Puerto Rico Public Health Trust telemedicine initiative
December 22, 2020
The Puerto Rico Public Health Trust announced the start of its Telemedicine Distance Education, consisting of virtual training and delivery of equipment to more than 30 clinics located in rural areas of the island. The project comes after the U.S. Department of Agriculture (USDA) awarded a $1.1 million grant for distance training and telemedicine and […]
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Chick-fil-A confirms plans to enter Puerto Rico market with 10-15 restaurants
December 22, 2020
About a month after this media outlet broke the story about Chick-fi-A’s plans to enter the local market, the chicken restaurant confirmed it will open two restaurants in late 2021 or early 2022. The restaurants will be located in the metropolitan area, with the first restaurant likely to be in Bayamón. Each Chick-fil-A restaurant will […]
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16 Puerto Rico entrepreneurs turn business idea into reality
December 22, 2020
Sixteen aspiring entrepreneurs recently completed the Foundation for Puerto Rico’s Emprende 360° business education program to turn their business ideas into reality. After a 12-month process with leading organizations in the entrepreneurial ecosystem, the cohort developed 11 business ideas for the Coamo and Ponce region and was awarded $2,000 in seed capital to jump-start each […]
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Practical Techie: ’20 Russian hack alerts businesspeople to the frailties of the system
December 22, 2020
The suspected epic cyberattack, or spy operation into the US government apparatus opens our eyes even wider to the vulnerabilities of the internet spectrum. The news reports say American officials suspect a Russian spy agency has carried out what they describe as a “distressing feat of espionage into dozens of state corporations and government agencies.” […]
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CVS to administer COVID-19 vaccines in 7 Puerto Rico nursing homes in ’21
December 22, 2020
CVS Health announced it has begun administering COVID-19 vaccines at more than 40,000 long-term care facilities across the country. On Jan. 4, it will start inoculating residents of seven skilled nursing and assisted living facilities in Puerto Rico, which selected CVS Health as their COVID-19 vaccination partner. CVS Pharmacy teams will administer the first dose […]
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FirstBank donates $900K to 110 Puerto Rico-based nonprofits in ’20
December 22, 2020
FirstBank granted more than $900,000 to 110 nonprofit organizations throughout the island during 2020. As part of that commitment, the financial institution included a special initiative “One with Puerto Rico” over the holiday season through which it donated $150,000 to 30 entities that serve vulnerable communities in the three regions in which it operates: Puerto […]
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PathStone gets $500K Citi Foundation aid to help small businesses
December 22, 2020
The Citi Foundation recently awarded $500,000 in unrestricted funding to nonprofit PathStone Enterprise Center Inc. to support small businesses affected by the earthquakes and the COVID-19 emergency in Puerto Rico. The donation will increase PathStone’s ability to continue to assist a greater number of small and medium-sized businesses through access to capital and technical assistance […]
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FV Bank gets go-ahead from OCIF to provide bitcoin custodial services
December 22, 2020
FV Bank, a global digital bank based in Puerto Rico, announced it has received permission from the Puerto Rico Office of the Commissioner of Financial Institutions to provide custody services for digital assets such as Bitcoin and Ethereum. FV Bank will begin offering custody services seamlessly integrated into its digital banking platform in early 2021, […]
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Duke and Duchess of Sussex to fund World Central Kitchen relief center in Puerto Rico
December 21, 2020
The Duke and Duchess of Sussex — Prince Harry and Megan Markle — will be partnering with World Central Kitchen through their nonprofit Archewell Foundation to fund the construction of four Community Relief Centers throughout the world, including one in Puerto Rico. The couple made the announcement in a statement released Sunday, confirming their nonprofit’s […]
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2 local nonprofits receive grants from philanthropist MacKenzie Scott
December 21, 2020
The United Way of Puerto Rico and the Puerto Rico Food Bank were two of the 384 nonprofits that will split $4.2 billion in charitable giving from philanthropist MacKenzie Scott, co-founder of Amazon and the richest woman in the world. In a post she published late last week, Scott said the economic and health-related losses […]
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University of Puerto Rico unveils website to sell, lease institutional properties
December 21, 2020
Looking to identify new external resources destined for the University of Puerto Rico and to promote the development of the real estate industry, the institution unveiled a new real estate and investments website, a public platform to share information about the properties that the university system has for sale or rent. Since the UPR’s Real […]
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Pepsi-Cola Puerto Rico pumps $7 million into vehicle fleet upgrade
December 21, 2020
Pepsi-Cola Puerto Rico Distributing recently announced that its supply chain is undergoing a series of improvements, including a $7 million modernization of its fleet of vehicles. As part of the initiative, the distributor bought 48 new trucks, labeled with the iconic Pepsi and 7UP brands, to deliver and distribute its products to points of sale […]
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