Sizzler shifts business model from buffet style to per-pound offers
August 19, 2020
Facing the “new normal” that exists in Puerto Rico, as the island navigates through the COVID-19 pandemic, buffet restaurant chain Sizzler is shifting its business model by adding a menu of foods for sale by the pound, as well as new family combos, both available only to take away or for delivered through mobile platforms […]
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Oversight Board assigns $10M to Labor Dept. for tech upgrades
August 18, 2020
The Financial Oversight and Management Board for Puerto Rico has assigned $10 million to the Puerto Rico Department of Labor and Human Resources for technological upgrades for a system that is decades old. Agency Secretary Carlos Rivera-Santiago confirmed that the upgrade to a new data system to process unemployment information and payments will begin this […]
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Puerto Rico manufacturing reps host White House officials in ‘Industry Capabilities Tour’
August 18, 2020
Invest Puerto Rico (InvestPR), in partnership with the Department of Economic Development and Commerce (DDEC), Puerto Rico Manufacturers Association (PRMA), the Pharmaceutical Industry Association (PIA), the Mechanical Contractors Association (MCA), and other industry organizations and government officials, are hosting White House officials in a special visit to Puerto Rico, Aug. 18-20. The three-day tour will include visits to companies […]
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Puerto Rico Labor Secretary discusses status of jobless, PUA benefits
August 18, 2020
🚨 Find out what he said about: 🚨 ✅ The status of regular and PUA unemployment claims; ✅ The payment of three weeks in May owed to PUA beneficiaries; ✅ The adoption of the “Fast PUA” system.
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Puerto Rican investment industry expert Rivera joins CDVCA Board
August 18, 2020
The Community Development Venture Capital Alliance (CDVCA), a community development financial institution (CDFI) and player in the community development venture capital industry nationally, announced that local executive Myrna M. Rivera has been named to its Board of Directors. CDVA is the manager of two venture capital fund of funds, one of which is the $45 […]
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Ports Authority opens RFP process for dry dock at Pier 15 in Isla Grande
August 17, 2020
The Puerto Rico Ports Authority has opened a call for a Request for Proposals (RFP) process for the operation, maintenance and repair of the dry dock located at Pier 15 in Isla Grande, agency Executive Director Joel A. Pizá Batiz announced. It is estimated that this project has the potential to generate private investment of $20 million, the […]
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Hotel operator IHE to run Hyatt Place, Hyatt House hotels in Puerto Rico
August 17, 2020
International Hospitality Enterprises, a Puerto Rican hotel operator, will incorporate the four Hyatt Place and Hyatt House hotels in Puerto Rico owned by PRISA Group into management its portfolio, Federico Stubbe CEO of the latter company announced. “This transaction represents the union of two local companies committed to the tourism and economic development of Puerto […]
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Grupo Guayacán launches 11th cohort of the I-Corps Puerto Rico program
August 17, 2020
Grupo Guayacán is looking for business ideas and future entrepreneurs who are eager to learn how to start a business in a short, yet intense virtual series of workshops. This will be the 11th edition of Grupo Guayacán’s I-Corps Puerto Rico (I-Corps PR) program, the idea validation boot camp to be offered online at no […]
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Puerto Rico Gaming Commission to hold virtual public hearing
August 17, 2020
The Puerto Rico Gaming Commission will hold a virtual public hearing on Aug. 19, at 9 a.m., following last week’s reveal of plans to adopt the “Puerto Rico Sports Betting, Betting on E-Sport and Fantasy Competition” regulations. José Maymó Azize, executive director of the government agency said those interested in participating must register through the […]
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NUC University to offer virtual workshop to teachers of all disciplines
August 17, 2020
Given the new modality of distance learning in Puerto Rico due to the COVID-19 pandemic and the need to provide teachers with technology platform training to help them teach, NUC University announced a virtual workshop on Aug. 18 at 4 p.m. Venus García, from Microsoft Puerto Rico, will offer the training that will focus on […]
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Puerto Rico Bankers Association urges filling out 2020 Census
August 17, 2020
The Puerto Rico Bankers Association called on citizens to fulfill their duty to respond to the 2020 Census, “as soon as possible.” The data collected is crucial for the distribution of federal funds for the areas of education, hospitals, highways, public works and other essential programs. “We join the effort of several local organizations to […]
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Dept. of Veterans Affairs to build new $46.6M mental health clinic in Hato Rey
August 14, 2020
The U.S. Department of Veterans Affairs will break ground later this year on what will be a new Mental Health and Recovery Center in Hato Rey, at a cost of $46.6 million. The facility is slated to open in November 2022, this media outlet confirmed. The facility will be part of a mixed-use complex planned […]
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FEMA OKs $7.7M to Puerto Rico Forensic Science Institute
August 14, 2020
The Federal Emergency Management Agency announced the assignment of some $7.7 million for the Puerto Rico Forensic Science Institute, known as the ICF in Spanish. This grant will cover work to repair damage to the only expert research center of its kind on the island and aims to improve the building’s capabilities in future events. […]
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Puerto Rico, USVI small businesses landed $618M+ in federal contracts in FY2019
August 14, 2020
The U.S. Small Business Administration announced that 2,067 small businesses in Puerto Rico and the U.S. Virgin Islands were awarded $618.8M in federal contracts during Fiscal Year 2019. The information is included in the agency’s Fiscal Year 2019 Small Business Federal Procurement Scorecard, which confirms that $132.9 billion in prime federal contracts — 26.5% of […]
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Puerto Rican firm We Connect transitions into virtual, 3D event planning
August 14, 2020
We Connect, a local company that provides solutions and strategies for event production, announced its expansion and transition into offering services to a virtual world. Through the adoption of Virtway Events, a proprietary and global platform/technology that allows the coordination of any type of event in 3D format, the company becomes the first Virtway certified partner […]
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