Puerto Rico will receive more than $22.2M in U.S. Housing and Urban Development Emergency Solutions Grants targeted toward communities with high homeless populations or individuals at risk of becoming homeless. The assignment is part of a global allocation of $2.96 billion to also help individuals at risk of becoming homeless because of hardships such as […]
Short-term rental company Airbnb announced it is partnering with Discover Puerto Rico through a program to market the island by promoting local tourism. Puerto Rico is one of nine destinations worldwide to participate in the first strategic alliances, and one of two in the Caribbean, said Discover Puerto Rico CEO Brad Dean. “We often receive […]
The Puerto Rican Telecommunications Alliance sent a letter to Federal Communications Commission Chair Ajit Pai asking him to take notice of the local legislature’s “attempt to tax the internet and broadband internet access services.” The Alliance — which groups internet, television and telephony services providers Aeronet, Claro, Data Access, Liberty Puerto Rico, Neptuno, Optivon, VPNet, […]
Retailer JCPenney will reopen the doors of its six stores in Puerto Rico today, after temporarily closing due to the COVID-19 pandemic. The six stores are located in Plaza Las Américas in Hato Rey, Plaza Carolina, Plaza Centro in Caguas, Mayagüez Mall, Plaza del Caribe in Ponce and Plaza del Norte in Hatillo. JCPenney is […]
U.S. Customs and Border Protection’s San Juan Field Operations announced the seizure of 560 pairs of fake Apple AirPods imported into Puerto Rico from Hong Kong via air courier. Had these goods been genuine, the estimated manufacturer suggested retail price would have been about $111,440, the agency said. “This product is sought by consumers because […]
Puerto Rican micro-mobility company Skootel, which has been operating the first and only fleet of electric scooters in Puerto Rico and the Caribbean since January 2019, comfirmed that it will voluntarily pause its operation starting today. This responds to its decision to work with the Legislature and the Department of Transportation and Public Works to […]
A lucrative contract to deliver natural gas to a Puerto Rico power generation plant was awarded through a process plagued by irregularities that provided unfair advantages to a company with limited experience on the island, according to a report co‑authored by Tom Sanzillo of the Institute for Energy Economics and Financial Analysis (IEEFA) and Ingrid […]
Simon Property Group Inc., which in February 2020 announced plans to acquire rival mall operator Taubman Centers Inc. for some $3.6 billion, confirmed it has terminated the deal. The retail giants have properties worldwide, including Plaza Carolina, a Simon property, and The Mall of San Juan, which Taubman opened in 2015. Both shopping centers reopened […]
Puerto Rico is expected to “be hit harder” by the effects of the COVID-19 pandemic in comparison to many other global jurisdictions, mainly due to the exceptional circumstances it faced prior to the health crisis, according to the latest analysis released by Estudios Técnicos. The firm, based in San Juan, predicts as a result, Puerto […]
As a result of the current coronavirus (Covid-19) pandemic, micro, small and medium businesses in Puerto Rico are facing unprecedented challenges, which puts their income and possibilities of sustaining their business in danger. For this reason, today, eBay has launched “Mi Negocio 24/7 en eBay,” an acceleration program that will allow Puerto Rican businesses to […]
The month of May closed with the sale of 2,666 new cars sold, reflecting a 69.9% drop in comparison to the 8,862 units sold during the same month last year, the United Automobile Importers Group confirmed. With these results, the sector has seen a contraction of 48.9% so far in 2020, the trade association said. […]
Seattle-based Starbucks announced it will be closing of up to 400 company-operated stores over the next 18 months throughout its North American footprint. Puerto Rico’s 28 coffee shops are spared from that decision, as they are operated under a franchise license granted to Baristas del Caribe, LLC, this media outlet confirmed. In addition to the […]
Faced with the challenges of the 2020 Hurricane Season, along with the earthquakes and the COVID-19 pandemic, the the Puerto Rico Public Health Trust’s Hurricane Hub program unveiled several initiatives for prevention, preparedness and response in what is predicted to be an active cyclonic season. Part of these initiatives includes the launch of the Virtual […]
As Puerto Rico heads into this year’s hurricane season, which weather experts have predicted will be an active one, Marina Puerto del Rey in Fajardo unveiled tips to prepare and secure boats in the coming months. The season runs June 1 through Nov. 30, and navigating it requires planning, the owners of the marina located […]
The Federal Emergency Management Agency and the Central Office for Recovery, Reconstruction and Resilience, or COR3, announced the allocation of more than $30.4 million in funds for 71 projects related to the recovery and reconstruction of Puerto Rico due to Hurricane María. These funds were obligated between May 29 and June 4, the federal and […]
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