The Department of Transportation and Public Works announced the signing of an order to extend the validity of Puerto Rico driver’s licenses and identifications that expired during this year, in a phased manner. Transportation Secretary Carlos M. Contreras said approving Resolution 2020-15 gives island residents holding expired licenses “enough time to get their appointment and […]
The Puerto Rican Shopping Centers Association called on its 46 member malls to continue to be “very strict” about enforcing protocols to prevent COVID-19 contagion following a spike in cases. “In recent days the Health Department has reported a significant increase in the number of infections,” said Adolfo “Tito” González, presidente of the trade group […]
The U.S. Small Business Administration and the U.S. Department of Treasury released Paycheck Protection Program Loan data that revealed that since the start of the program in April, local banks have processed some 35,896 loans for up to $150,000 totaling $741.4 million so far. The detailed loan-level data for Puerto Rico shows that more than […]
EDIC College in Caguas, a university with a focus on health sciences, has merged with Columbia Central University, EDIC’s parent company Philadelphia-based investment firm Renovus Capital Partners confirmed. The combined institution will operate under the Columbia Central University brand and will continue to serve more than 2,000 students from its four physical campuses and online […]
Passenger traffic at the Luis Muñoz Marín International Airport decreased 75.9% in Puerto Rico in June, impacted by severe downturns in business and leisure travel stemming from the COVID-19 pandemic, the airport’s operator announced. Grupo Aeroportuario del Sureste, or ASUR, the parent company of Aerostar — which runs Puerto Rico’s main airport — revealed that […]
Lucky Brand Dungarees, LLC, retail parent company of Lucky Brand, confirmed it will close the only store it has in Puerto Rico, at The Mall of San Juan, upon filing for voluntary Chapter 11, to pursue a sale of the company. The Los Angeles based designer and retailer of denim and apparel also announced it has entered […]
The next back-to-school tax-free holiday is slated for July 21 to Aug. 1, The Puerto Rico Treasury Department announced in a circular letter published on its website. That is the first of two such events scheduled for Fiscal 2021, when specific items will be exempt from the island’s 11.5% sales tax. Another tax-free holiday is […]
V2A Consulting, a strategic consulting and operational management firm with more than 15 years of experience advising organizations from various sectors, announced the start of a new distance summer internship program for college students. The program, called “WeServe Fellows,” is a virtual summer internship developed by V2A during which 30 young university students will be […]
The Ana G. Méndez University System’s Carolina campus will add two new programs to its tourism bachelor’s degree programs focusing on sustainable practices. The new programs recently approved by the Board of Postsecondary Institutions (formerly the Puerto Rico Board of Education) are the Associate Degree of Science in Management of Sustainable Tourism Companies and the […]
L’Oréal has launched its new global sustainability program, “L’Oréal for The Future,” which outlines a new set of goals for 2030 that will transform the way it does business and addresses critical environmental and societal issues. The program lays out specific actions and measurable objectives that will further accelerate the company’s transformation to respect the planet’s […]
Beyond the drastic change that a collective migration to remote work represented after the arrival of COVID-19, new challenges are arising for employers and employees, the Puerto Rico Sales and Marketing Executives Association (SME, in Spanish) stated. To offer guides that facilitate the adaptation process of both parties, Ignacio Casillas, regional director of ManpowerGroup Caribe […]
The Federal Emergency Management Agency comfirmed a funding obligation of some $579,000 for repairs to public town squares in 13 municipalities throughout the island. “Town squares are historic places and landmarks of the Puerto Rican culture. Being part of the repair of these spaces is what drives us to continue with our recovery efforts,” said […]
Evertec Inc. announced the launch of its new ATH Movil solution that allows consumers to make payments by scanning QR codes at participating Evertec retailers, without having the card on hand. This new feature will allow the more than 1.5 million ATH Movil users to make payments at participating locations, in “an easy, secure, and […]
The Puerto Rico Ports Authority announced the start of some $7.4 million in runway pavement improvements at the Eugenio María de Hostos regional airport in Mayagüez. Ports Authority Executive Director Joel A. Pizá-Batiz said the agency maintains a pavement inspection program at all airports under its jurisdiction, according to standards established by the Federal Aviation […]
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