P.R. restaurant sales at $1.9B ’19, down 6.5% vs. ’18, study confirms
February 19, 2020
Puerto Rico’s restaurant industry generated more than $1.9 billion in 2019, a decrease of 6.5% compared to 2018, according to an economic study commissioned by the Puerto Rico Restaurants Association, or ASORE in Spanish. The decrease was attributed to a loss in population and the lack of family income growth. The research was conducted a […]
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Loon seeks FCC’s OK to launch project trial in P.R.
February 19, 2020
Loon, a subsidiary of Alphabet Inc. — Google’s parent company — has filed an application asking the Federal Communications Commission to grant an experimental license to conduct a market trial that calls for transmitting broadband service to maritime vessels from fixed base stations in Puerto Rico. In its petition, where most of the proprietary content […]
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Tourism Alliance for P.R. blasts ‘lack of activity on P3 for San Juan docks
February 19, 2020
The Tourism Alliance for Puerto Rico denounced the government’s lack of activity related to a series of agreements related to the public-private partnership in the works for the San Juan docks, which sought to protect the island’s “threatened tourism industry.” During a news conference, the group that represents public- and private-sector representatives of the tourism […]
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Science Trust challenges college students to innovate with NASA patents
February 19, 2020
The Puerto Rico Science, Technology and Research Trust, in partnership with Engine-4 launched an incubator program for college students centered on the commercialization of NASA’s patented technology. Applications for “Challenge to Innovate: NASA Edition” opened Feb. 18 and will close on Mar. 16, 2020, the nonprofit announced. The initiative is spearheaded by the Trust’s parallel18 […]
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Op-Ed: Rattled but not broken, working together to help P.R. recover
February 19, 2020
On Dec. 28, an earthquake rattled Puerto Rico’s southwest coast, destroying homes and cultural treasures. Unfortunately, it was just a precursor to a magnitude 6.4 temblor that struck the same area on Jan. 7. The government of Puerto Rico, the Puerto Rico Emergency Management Bureau, their supporting government agencies and local community leaders immediately began […]
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USDA opens call for applications to support rural transportation systems
February 19, 2020
The U.S. Department of Agriculture announced it is accepting applications for grants to improve rural transportation systems. The funding is available under the Rural Business Development Grants program for intermediaries seeking to provide rural communities with training and technical assistance to improve transportation services and facilities. USDA does not provide funding directly to individuals under […]
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Walmart Foundation donates $200K to American Red Cross
February 19, 2020
The Walmart Foundation recently donated of $200,000 to the American Red Cross in support of the organization’s response to help families affected by earthquakes in the island’s southwestern region. So far, the Red Cross has delivered more than 90,000 personal hygiene items and supplies to evacuees and has provided financial assistance to more than 1,300 […]
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CooPACA to incentivize savings among high school students in Cataño
February 19, 2020
The Cooperativa de Ahorro y Crédito de Arecibo (CooPACA) announced a new collaborative agreement with the municipality of Cataño that will grant an economic incentive to high school students to stimulate personal savings and a culture of supporting credit unions. “This initiative is intended to contribute to an improved financial education for the younger generations […]
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Ricoh hosts Imagine Lab workshop to develop STEAM centers
February 19, 2020
Ricoh recently hosted its Imagine Lab workshop to help educational institutions evolve at the increasingly fast pace of the digital world. The event was held during the Private Education Congress at the Convention Center in Miramar last week. During the sessions, participants experienced first-hand interactive learning, robotics, 3D project, among others, to learn the keys […]
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Pres. Clinton visits Caguas clinic benefited by his nonprofits
February 18, 2020
Former U.S. Pres. Bill Clinton visited SANOS Corp. to tour the 330 health center in Caguas and learn about the successful results of the naxolone program funded by Direct Relief and the Clinton Foundation, clinic officials confirmed. The president and former Secretary of State, Hillary Rodham Clinton are in town this week for a meeting […]
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Businesses in P.R.’s southwestern region ‘optimistic, grateful’ for support
February 18, 2020
Several business leaders from the southwest tourist regions expressed their gratitude for the general support they are receiving, saying they feel “optimistic about the level of socioeconomic recovery that they may reach in the coming months.” In a release, a group of businesses represented by several trade groups thanked mayors, lawmakers, artists, the Chambers of […]
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Delta employees in P.R. receive $1M in profit sharing payouts
February 18, 2020
Delta Airlines paid out $1 million to its 106 employees in Puerto Rico as part of this year’s global $1.6 billion company-wide distribution, the carrier announced. The total figure — a record for a U.S.-based company — will have an even bigger impact on local communities than the already sizeable number suggests. “The San Juan […]
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Clintons to announce new projects at conference in P.R. this week
February 17, 2020
President Bill Clinton and former Secretary of State Hillary Rodham Clinton will convene members of the Clinton Global Initiative (CGI) Action Network in San Juan for the fifth meeting since 2018, on Feb. 18-19. The Action Network brings together leaders from business, government, and civil society to make commitments to accelerate recovery from natural disasters […]
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Financial services forum to be held Mar. 18-19 in San Juan
February 17, 2020
Financial services and insurance will lead the conversation in the 2020 Financial Services Forum to be held in San Juan, on Mar. 18-19 at the Condado Vanderbilt Hotel. The two-day conference will feature local and international speakers, and will focus on the benefits of the island as a destination for business, covering Puerto Rico’s international […]
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National University College offering online courses to high schoolers
February 17, 2020
National University College has joined the Education Department to offer online courses to help high school students residing in the island’s southern region affected by earthquakes complete their semester. The courses will be offered through NUC’s online division and its IBC Institute Extension Centers. Students who complete online courses with National University College may validate […]
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