Triple-S announced it will carry out an epidemiologic study among its employees and their family members to contribute to COVID-19 data available in Puerto Rico. “As a leading company in the field of health, our responsibility goes beyond providing access to quality services and protecting our members and employees. We also feel responsible for contributing […]
Popular Inc. announced that as of May 1st, it had processed more than $1.2 billion in loans under the second round of the U.S. Small Business Administration’s Paycheck Protection Program. The loans have benefited 16,397 small- and medium-sized businesses that employ more than 235,000 people, the bank said. Of the total, $1.05 billion were granted […]
Foundation for Puerto Rico, in collaboration with the Puerto Rico Housing Department, unveiled the Social Capital Interactive Maps, a new digital tool that it developed as part of its Whole Community Resilience Planning Program. This pilot platform allows citizens to visualize data and interactive maps that contribute to improving planning, promoting economic development and resilience […]
COVID-19 has been a powerful experience for most of us in Puerto Rico. After living through a Category-4 hurricane in 2017 and earthquakes earlier this year, we now are in the midst of a pandemic whose economic and social impact has changed the world. We have been shaken to the core with another unprecedented challenge […]
This edition of Climbing the Corporate Ladder includes executive appointments at the Bravo Family Foundation, the U.S. Small Business Administration, MCS, StoneMor and AON. Bravo Family Foundation names new executive directorBravo Family Foundation announced the appointment of Blanca Santos as its new executive director. Santos, who has more than 24 years of experience working in […]
Crossco, the flagship brand sold by Max Chemicals, has adjusted its production line to produce 70% alcohol and hand Sanitizer to help in the local fight against COVID-19, after investing $200,000 to retrofit its facilities in Río Piedras. With a total of seven production lines and its 50 employees, Crossco made the necessary changes to […]
American Airlines will require all customers traveling to wear a face covering, or mask, while on board the aircraft starting May 11. This new requirement is part of the airline’s “ongoing commitment to prioritizing customer and team member well-being in response to the coronavirus (COVID-19) pandemic,” it said in a statement. Earlier this week, American […]
L’Oréal Caribe, the local subsidiary of L’Oréal SA is providing health professionals at hospitals and healthcare centers in Puerto Rico handling the COVID-19 crisis with individual protection equipment as well as health and hygiene items for hair and skin from its portfolio of global brands. The individual protection equipment consists of masks, gloves and gowns […]
The COVID-19 pandemic that brought most of Puerto Rico’s economic activity to a screeching halt in mid-March has created a very specific niche for industrial warehouse operators, which are providing much-needed square footage to emergency response companies. Demand for short-term leases — from three months to a year — for warehouse space to store specific […]
Discover Puerto Rico, the island Destination Marketing Organization, will be leading the recovery of the tourism sector of the island, after the pandemic of COVID-19 anticipates a loss of 1.9 million room nights, which is three times what was lost months after Hurricane María, organization officials said. The DMO has based all of its planning […]
The Puerto Rico Chapter of the Associated General Contractors of America (AGCPR) described the reactivation of the island’s construction industry and the 26,000 jobs it represents on May 11 as “a positive step.” “Reopening the construction sector is an affirmative and important step to achieve the necessary balance between the health and economic wellbeing of […]
Puerto Rico Federal Credit Union recently received the classification “2020 Top 200 Healthiest Credit Unions,” granted throughout the United States, where there are more than 5,000 such entities and more than 4,000 banks. To rank, DepositAccounts.com evaluates the financial health of more than 10,000 banks and credit unions in the United States once a quarter. […]
Pfizer Inc. and The Pfizer Foundation announced the commitment of $40 million in medical and charitable cash grants to help combat the global health effects of the COVID-19 pandemic in the U.S. and around the world. The donation addresses “the urgent needs of partners who are working to slow the spread of the virus within […]
ENACTUS Puerto Rico recently carried out the ConeXión-América program, uniting students and teachers from Puerto Rico, Guatemala and Mexico, for a virtual week-long conference, workshops, and exchange of ideas and projects with business leaders from the participating territories. This initiative was developed by the Enactus Puerto Rico team as part of its contingency plan to […]
The U.S. Department of Housing and Urban Development will allocate $42.7 million in COVID-19 relief funding to help low-income Americans in Puerto Rico residing in public housing, Secretary Ben Carson announced. The funding, made available by the CARES Act will be awarded to Public Housing Authorities (PHAs) across the nation, including Puerto Rico. “HUD has […]
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