Op-Ed: Communicating effectively in the age of COVID-19
July 27, 2020
Businesses have been caught off-guard by the arrival of the novel coronavirus, most of them completely unprepared for its effects. Virtually overnight, the virus has thrown both our economy and our daily lives into disarray. Government restrictions enacted to halt the rapid spread of the virus have paralyzed large swaths of the economy, leaving thousands […]
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Gov’t unveils $34M Diego Village multifamily housing complex in Río Piedras
July 27, 2020
Puerto Rico and federal government officials unveiled plans for the De Diego Village, a $34 million affordable and multifamily housing complex to be located in the Río Piedras urban center that will include a commercial area to promote the revitalization of the once active area of San Juan. The investment includes $18.1 million in Community […]
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Puerto Rican startup ZERO Damage to start shipping ready-to-assemble gazebos
July 27, 2020
Puerto Rican startup ZERO Damage announced it will begin shipping ready-to-assemble flat pack building kits for two types of outdoor gazebos and a greenhouse starting in August. The kits are the result of two years of research and development of an unwelded connection system that allows people to install steel frames without requiring screws. Next […]
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UPR-Mayagüez gets $750K to build Tropical Animal Reproduction Research Center
July 27, 2020
The University of Puerto Rico Mayagüez Campus (known as RUM) recently received a $750,000 grant from the Puerto Rico Agriculture Department to develop Tropical Animal Reproduction Research Center (CIRAT, in Spanish), under the School of Agricultural Sciences’ Agricultural Experimental Station. The Center, an idea created by a group of multidisciplinary researchers from the School of […]
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Liberty Puerto Rico adds FirstBank to its payment options
July 27, 2020
Liberty Puerto Rico announced the start of a new partnership with FirstBank, which allows its customers to pay their bills at any of the bank’s branches throughout the island. “With this new partnership, our customers can pay their Liberty bills by visiting any bank on the island, which now includes FirstBank,” said Nelson Colón, chief […]
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$200M LoopLand Hotel breaks ground in former Roosey Roads Naval Base
July 24, 2020
Construction of the LoopLand Hotel, a $200 million property that will become the first hotel that will open on the former Roosevelt Roads Naval Base in 2022, was announced Thursday. The proposal presented by the company behind the project, Brillembourg Group, calls for redeveloping about 750 former military homes on the former base in Ceiba […]
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Popular Inc. reports net income of $127.6M in 2Q20
July 24, 2020
Popular Inc., parent company of Banco Popular de Puerto Rico, reported net income of $127.6 million for the quarter ended June 30, 2020, a 25% drop from the $171.1 million on record for the same quarter in 2019, but a significant jump from the $34.3 million reported for the first quarter of the year. For […]
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Pall Life Sciences invests $10M in Fajardo plant
July 24, 2020
Pall Life Sciences Puerto Rico, LLC announced the $10 million expansion of its plant in Fajardo, where it manufactures filters for bio-pharmaceutical applications. The company has been doing business in the eastern town of Puerto Rico for 46 years, where it will begin the construction of a new warehouse that will allow, among other things, […]
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Study: Co.’s in Puerto Rico embrace hybrid work trend during pandemic
July 23, 2020
A hybrid model that combines office work and remote work is the predominant trend among companies in Puerto Rico during the COVID-19 pandemic, according to a survey conducted this summer by Puerto Rican consulting firm Retention Strategies. The results showed that only a third (32%) of the companies surveyed have managed to fully reopen their […]
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Discover Puerto Rico: In-person group events won’t be back until ’21
July 23, 2020
The rise in COVID-19 cases has caused the cancellation or postponement of most in-person group events to at least 2021, Discover Puerto Rico, the island’s destination marketing organization, confirmed. “There was optimism in the early days of the pandemic that live meetings would resume in the fall. However, planners are now anticipating it will be […]
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Statistics Institute urges Puerto Rico mayors to encourage filling out Census 2020
July 23, 2020
The Chairman of the Puerto Rico Institute of Statistics’ board, Economist Nicolás Muñoz, He urged all mayors to mobilize the resources of municipal agencies to visit houses street by street, combing through all communities to alert families to the importance of filling out the 2020 Population Census form. This while taking all the prevention and […]
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Applebee’s invests $1.6M into 8th location in Puerto Rico, in Montehiedra
July 23, 2020
Grupo Colón-Gerena, the franchise holder for Applebee’s casual dining restaurants in Puerto Rico, announced the opening of the chain’s eighth location, near the Montehiedra Outlet center. The new eatery opened its doors recently, following a $1.6 million investment that will also create 169 new jobs, the company said. Due to the timing of the opening, […]
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Destilería Serrallés adds Don Q Reserva 7 años to its portfolio
July 23, 2020
Destilería Serrallés Inc., the Puerto Rican producer of Don Q, announced the launch of Don Q Reserva 7, the latest addition to its curated portfolio of aged rums made at its distillery in the southern town of Ponce. The distillery’s continuous focus on expanding its aged and super premium offering aligns with increased consumer demand […]
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FEMA assigns $62M for 89 recovery projects in Puerto Rico
July 22, 2020
The Federal Emergency Management Agency (FEMA) and the Central Office for Puerto Rico Recovery, Reconstruction and Resilience, or COR3, announced the obligation of nearly $62 million in additional funds for 89 projects related to the recovery and reconstruction of Puerto Rico after Hurricane María. The funds were assigned on July 10-16 and include $23 million […]
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NYC & Company launches ‘NYC virtual field trips’ initiative
July 22, 2020
NYC & Company, the official destination marketing organization for the five boroughs of New York City, is expanding upon its virtual offerings and spotlighting online experiences to engage New Yorkers and travelers who are currently unable to visit the destination, it announced. The “NYC Virtual Field Trips” online resource comprises five-borough arts organizations and tourism […]
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