Corporate Ladder: Execs named in healthcare, federal gov’t, tech
December 10, 2019
This edition of Climbing the Corporate Ladder includes appointments in the private and public sector, in the areas of healthcare, agriculture and technology. Mennonite Health System announces appointment of Executive DirectorThe Board of Directors of the Mennonite Health System announced the appointment of Ricardo Hernández as the institution’s new executive director. Hernández has more than […]
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CooPACA invests $175K to upgrade Cataño branch
December 10, 2019
The Arecibo Credit Union (CooPACA, for its initials in Spanish) has invested more than $175,000 to build new drive-thru facilities at its Cataño branch, which will allow it to serve a greater number of customers, it announced. As a result of the investment, the access to the branch will be altered since vehicular traffic on […]
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Analysis: Mistaken assumptions on recovery funds could stump P.R.’s future growth
December 9, 2019
The Financial Oversight and Management Board for Puerto Rico’s admission that there will be significantly less federal recovery money flowing into the island could stump the island’s future growth and debt restructuring talks, an analysis by the H. Calero Consulting firm stated. Recently, the Oversight Board confirmed that the island would get about $30 billion […]
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Economic Development to allocate $263K for student research in Ponce
December 9, 2019
In a bid to support high school and university students to continue their work in scientific research, the Department of Economic Development and Commerce’s Youth Development Program will disburse $263,000 for a project being developed at the Ponce Institute of Sciences, agency Secretary Manuel A. Laboy announced. “Science and technology are subjects that are in […]
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13 co.’s take part in 2nd edition of PRiMEX Export Academy
December 9, 2019
The Puerto Rico Manufacturing Extension Inc. (PRiMEX), launched the second edition of its Export Academy, in which 13 companies will learn the basic elements to establish an export plan in the short, medium and long term. The academy includes six educational modules and group consulting sessions with a total investment of 70 hours. The academy […]
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Op-Ed: Truthful declarations can help avoid delays during busy holiday travel season
December 9, 2019
As the cold temperatures drop in the northern hemisphere, the holidays represent the start of the high season in the Caribbean; as one of the most favored destinations for travelers whether flying or just enjoying a pleasant cruise. U.S. Customs and Border Protection operations in Puerto Rico and the U.S. Virgin Islands highlight its available […]
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Echar Pa’lante recognizes island’s ‘pillars of entrepreneurship’
December 9, 2019
For the sixth consecutive year, the Echar Pa’lante Multisectoral Alliance recognized individuals and organizations whose trajectory has helped to develop entrepreneurship on the island. The activity called “Pillars of Entrepreneurship 2019” took place as part of the quarterly meeting of Echar Pa’lante’s Advisory during which the achievements of 2019 and the plans for 2020 were […]
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Empresas Caparra unveils $12M redevelopment of former Kmart space
December 6, 2019
The operators of the San Patricio Plaza mall in Guaynabo, Empresas Caparra, unveiled plans for a $12 million redevelopment project of the space formerly occupied by Kmart, which will become The Square @ San Patricio Plaza. The project that will begin in January 2020, will convert 87,000 square feet into an area combining retail, dining […]
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El Mesón Sándwiches invests $1.5M to open P.R.’s 40th location in Caguas
December 6, 2019
El Mesón Sandwiches opened its 40th location in Caguas, which at a cost of $1.5 million, is described as the “largest and most innovative restaurant” in the chain in Puerto Rico and the U.S. mainland. The location at Plaza Centro de Caguas and second establishment in this municipality, presents a new concept with high efficiency […]
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Op-Ed: USDA celebrates World Soil Day in the Caribbean area
December 6, 2019
Every Dec. 5, the U.S. Department of Agriculture joins partners around the globe to celebrate World Soil Day, an annual event to bring attention to the importance of healthy soil and to advocate for sustainable management of soil resources. USDA’s Natural Resources Conservation Service (NRCS) in the Caribbean Area is joining other organizations around the […]
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P.R. Telecom Bureau delivers technology to people with disabilities
December 6, 2019
The Puerto Rico Telecommunications Bureau (NET, as it is known in Spanish) unveiled the most comprehensive project of access to technology for the population with disabilities in Puerto Rico, offering adapted devices with free Internet access and services, NET President Sandra Torres said. The system consists of a computer with technological capabilities adapted to facilitate […]
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FirstBank receives ABA Foundation award for 1Éxito program
December 6, 2019
FirstBank recently received a recognition from the American Bankers Association Association for its participation in the Community Commitment Awards with the 1Éxito Program, under the category of Community and Economic Development. The program is an alliance between FirstBank and INprende, a platform that promotes innovation and entrepreneurship, with the purpose of increasing the level of […]
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U.S. Dept. of Justice awards $2.8M to promote public safety in P.R.
December 5, 2019
The U.S. Department of Justice announced it has awarded more than $376 million in grant funding to enhance state, local, and tribal law enforcement operations and reinforce public safety efforts in jurisdictions across the United States. Of that amount, $2.7 million will support public safety activities in the District of Puerto Rico. The awards were […]
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SBA issues final rule to expand HUBZone opportunities
December 5, 2019
The U.S. Small Business Administration issued a final rule that will implement changes to the Historically Underutilized Business Zone (HUBZone) program that will make the program more attractive to small businesses and encourage them to invest in HUBZone communities and hire HUBZone residents. The new rule changes will also make it easier for federal contracting […]
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Señor Paleta introduces seasonal holiday flavors to its lineup
December 5, 2019
Puerto Rico-based Señor Paleta is marking the holiday season with the creation of a quartet of special holiday flavors, available during December and January. The newest addition to this offering, the Papaya Queso paleta, is inspired by the typical Puerto Rican dessert and is the fourth flavor that will be offered exclusively in all its […]
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