Oriental adjusts branch service hours in response to spike in COVID-19 cases
July 20, 2020
Oriental announced it will be adjusting service hours at its branches in Puerto Rico, in response to the spike in COVID-19 cases on the island. The changes go into effect today. Branches: From Monday to Friday they will offer services until 3 p.m. Customers are required to make their appointment in advance; Drive-up windows: Will […]
chat_bubble0 Comment
visibility1099 Views
Isla Frio Refrigeration Corp. investing $6M to develop former PepsiCo plant in Cidra
July 17, 2020
Puerto Rican firm Isla Frio Refrigeration Corp. announced its acquisition of the former PepsiCo plant in the town of Cidra, which it will split into several areas for different services. In all, the firm invested $3 million in the property that closed down after Hurricane María pummeled the island in 2017. The property did not […]
chat_bubble0 Comment
visibility3573 Views
Affordable housing developer ACRUVA Capital Partners enters Puerto Rico market
July 17, 2020
ACRUVA Capital Partners announced it has entered the Puerto Rico market to lease, option, or buy land to develop affordable housing communities, as well as to acquire, rehabilitate and re-syndicate affordable housing communities in strategically selected markets. ACRUVA Capital Partners was formed as a joint venture with the support of Alliant Capital, its long-term financial […]
chat_bubble3 Comments
visibility2857 Views
Triple-S Foundation unveils ‘Alimenta tu cuerpo, Alimenta tu alma’ recipe book
July 17, 2020
Triple-S Foundation, a nonprofit dedicated to addressing two social determinants of health — food insecurity and emotional wellbeing, in particular social isolation — unveiled the “Alimenta tu cuerpo, Alimenta tu alma” (“Feed your body, Feed your mind” recipe book, which will be available for free at alimentatepuertorico.com. “With this publication we continue to work on […]
chat_bubble0 Comment
visibility1608 Views
Op-Ed: Puerto Rico can revive its economy with biomedical production
July 17, 2020
The global economic landscape created by the new coronavirus pandemic could represent an opportunity for Puerto Rico to re-insert itself with prominence into the U.S. medical supply chain. We know that we have the right workforce for the pharmaceutical industry, and the world knows that the financial devastation left by the 2017 hurricanes and now […]
chat_bubble0 Comment
visibility1967 Views
Piloto 151 launches coworking pop-up in O:LV 55 Hotel in Condado
July 16, 2020
Puerto Rican coworking firm Piloto 151 announced a new alliance with O:LV 55 Hotel and the opening of a pop-up concept that can serve both guests and the new O:LV residences, as well as Piloto members. “This new partnership brings us even closer to the hospitality industry, which continues to gain traction in work environments. […]
chat_bubble0 Comment
visibility2486 Views
Avon donates $16M to nonprofits, including $1.3M to local doctor’s alliance
July 16, 2020
Avon announced it has donated more than $16 million worth of products to numerous charitable organizations as part of its “continuing commitment to giving back and making a positive impact on the world.” Donations include AMAR in Puerto Rico and Avon’s longtime partner, Feed the Children. “Both organizations are crucial right now in providing supplies […]
chat_bubble0 Comment
visibility1314 Views
Enactus Puerto Rico marks 15 yrs. of developing leaders
July 16, 2020
Enactus Puerto Rico, an international nonprofit whose mission is to build future leaders is marking its 15th anniversary on the island, where it has overseen scores of new projects, organizers said. As part of its mission of developing leaders, entrepreneurs and innovative projects that address community needs, participants have created projects from services to elderly, […]
chat_bubble0 Comment
visibility1539 Views
FirstBank, NY Fed grant $240K to 40 small biz, nonprofits in Puerto Rico/USVI
July 16, 2020
The coronavirus pandemic has had a significant impact on people’s health and the economy, with small business owners and nonprofits being the most affected sectors. To continue to support these groups, FirstBank, in conjunction with the Federal Home Loan Bank of New York (FHLBNY), announced that they will be granting $240,000 to 40 entities in […]
chat_bubble0 Comment
visibility1784 Views
Better Business Bureau to open Puerto Rico office
July 16, 2020
The Better Business Bureau (BBB), a nonprofit organization that monitors relations between consumers and companies, will establish itself in Puerto Rico “to create strategic alliances and promote ethics, transparency and trust among the business community,” it announced. “These alliances will be seen more frequently in Puerto Rico, since the Better Business Bureau will strengthen professional […]
chat_bubble1 Comment
visibility3420 Views
Statistics Institute says only 25% of Puerto Ricans have completed Census
July 16, 2020
As of July 13, only 25% of homes in Puerto Rico had filled out the 2020 Census, the Puerto Rico Institute of Statistics confirmed. This percentage places Puerto Rico in the lowest response position in relation to other jurisdictions, the agency said. In addition, it indicates that Puerto Rico is 29 percentage points below its […]
chat_bubble0 Comment
visibility1434 Views
PRFAA, FL DMV to help Puerto Ricans renew IDs, driver’s licenses
July 16, 2020
The Puerto Rico Federal Affairs Administration in Orlando, in collaboration with the Florida Department of Highway Safety and Motor Vehicles, announced the renewal of the agreement to support Puerto Ricans throughout the State of Florida. This agreement would allow services for those who do not possess vital documents or had theirs expired, such as their […]
chat_bubble0 Comment
visibility1193 Views
FEMA assigns $14M for 74 recovery projects in Puerto Rico
July 15, 2020
The Federal Emergency Management Agency and the Puerto Rico Central Office for Recovery, Reconstruction and Resilience, or COR3, announced the obligation of more than $14 million in additional grants for 74 projects related to the recovery and reconstruction of Puerto Rico after Hurricane María. Of these funds granted July 3-9, 65 allocations will go toward […]
chat_bubble0 Comment
visibility2171 Views
Ports Authority announces $790K upgrade to Ponce airport
July 15, 2020
The Puerto Rico Ports Authority announced the start of a $790,000 project that expands the capacity of the waiting room at the Mercedita International Airport in Ponce. Ports is floating 100% of the investment, agency Executive Director Joel Pizá-Batiz said. “To improve the level of service to the airlines and passengers that use this facility, […]
chat_bubble0 Comment
visibility3017 Views
Puerto Rico new car sales grow slightly Y-O-Y in June
July 15, 2020
The United Automobile Importers Group, known as GUIA in Spanish, confirmed that Puerto Rico’s new car sales grew slightly in June, breaking with several months of negative results The sector reported 10,635 units sold in contrast to sales for the same month last year of 10,158, representing a slight increase of 4.7%. However, so far […]
chat_bubble0 Comment
visibility1775 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA