San Juan native picked to work on climate action initiative in China
October 30, 2019
Mikol Hoffman, a San Juan native, was recently accepted to participate in the third iteration of UNLEASH – Innovation Lab for the United Nations’ Sustainable Development Goals in Shenzhen, China, from Nov. 5-14. The event is a platform for top talents from all over the world, who are working on solutions to the UNs’ SDGs. Over 8,000 […]
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Subaru shows its safety technologies, off-road capabilities
October 30, 2019
Automaker Subaru recently held its “Subaru All Mode” event with safety demonstrations and obstacle courses that included maneuvers over dirt, grass, rocks, logs, as well as on-road drives. The event was held at “La Loma del Vecino,” a new chichorro-style business that recently opened in Guaynabo. “Subaru is a brand that historically has emphasized the […]
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Casino Metro marks 10th anniversary with $1M software upgrade, full agenda
October 29, 2019
The Casino Metro, which at 23,000 square feet is Puerto Rico’s largest such venue, is marking its 10th anniversary on Nov. 17 at the Sheraton Puerto Rico Hotel at the Miramar convention district. Ismael Vega, the facility’s general manager, said to stay on top of the latest trends the casino recently invested $1 million in […]
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$5M Arena Medalla venue to open at El Distrito complex in ’20
October 29, 2019
The $5 million Arena Medalla venue, which will celebrate the triumphs of Puerot Rico’s and give sports fans a place to watch events, will open its doors during the first quarter of 2020 at El Distrito entertainment center in San Juan. Arena Medalla is already in construction and will generate about 75 direct jobs once […]
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Experts: New education models, green economy key to economic development
October 29, 2019
Focusing education on learning, rather than teaching and students rather than curricula, taking into account skills, content and culture are the key to the successful change of the island’s entrepreneurial landscape, two international entrepreneurship and innovation experts agreed during their participation in the seventh “Echar Pa’lante” conference. Luca Iandoli, associate dean for global and online […]
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FirstBank benefits 100 nonprofits during year-long 70th anniversary celebration
October 29, 2019
FirstBank recently wrapped up the year-long celebration of its 70th anniversary with a volunteer activity during which some 250 employees donated their time to perform cleaning, painting, gardening, restorations and recreational activities in more than 20 nonprofits in Puerto Rico, Florida and the U.S. Virgin Islands. “At FirstBank we’re very committed to the communities we […]
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Lopito Fund donates $10K to CREARTE project
October 29, 2019
As part of its philanthropic mission and seeking to reflect the ideals that represented Efraín “Lopito” López, one of the founders of Lopito, Ileana & Howie, the Lopito Fund recently donated $10,000 to the CREARTE Foundation for the El Arte Grabado project. The goal is to promote the development of artistic sensibility in young adolescents […]
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Sacred Heart Univ. to build $1.9M collaboration center for creative co.’s in Santurce
October 28, 2019
The former Villa Music building on Ponce De León avenue in Santurce will be transformed into a creative and cultural entrepreneurship center through an initiative by Sacred Heart University’s Nuestro Barrio: Distrito Cultural de Santurce program, the president of the institution, Gilberto J. Marxuach-Torrós, announced. The 22,000 square-foot space, a few steps from the university, […]
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Volkswagen donates $10K to Flamboyán Foundation to support schools in P.R.
October 28, 2019
Volkswagen of America Inc. announced a $10,000 donation to the Flamboyán Foundation to support literacy education for kindergarten through third grade students in Puerto Rico. The donation is a joint effort of Volkswagen’s Southeast Region and local Volkswagen dealers, and will fund libraries at two Puerto Rican schools. “We are thrilled to be making a […]
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P.R. energy sector representatives discuss potential effects of rate increase
October 28, 2019
The Puerto Rico Institute for a Competitive and Sustainable Economy (ICSE) Executive Director Tomás Torres moderated a panel discussion during the Caribbean Renewable Energy Forum (CREF) in Miami that went over the the implementation of the New Puerto Rico Energy Policy, the projected increases in the electricity rate, which could reach 10 cents per kilowatt […]
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P.R. gov’t unveils $20.3B plan to modernize, strengthen island’s power grid
October 25, 2019
Gov. Wanda Vázquez announced details of “Puerto Rico’s Electrical Grid Modernization Plan,” a $20.3 billion effort to strengthen, modernize and transform Puerto Rico’s power grid using industry best practices and accepted codes and standards. The GridMod Plan was developed in coordination with federal and local government agencies, as well as private sector partners. The plan […]
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Grupo Guayacán’s annual fundraising campaign nets $105K
October 25, 2019
Grupo Guayacán closed its annual fundraising campaign, aimed at supporting the education and training programs offered to entrepreneurs at different stages of business development, raising $105,234.75. Through the month-long Guayacán Giving Day campaign, the organization will boost its endowment fund, which will directly support its programs and activities. This effort has been conducted for three […]
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P.R.’s medical cannabis market on verge of saturation, study shows
October 25, 2019
Local startup Abexus Analytics recently published Puerto Rico’s first “Medical Cannabis Market Saturation Index” that offers details on the local areas with potential market saturation of cannabis dispensaries and how such distribution differs with traditional pharmacies throughout the island. “In Puerto Rico the number of dispensaries, total manufacturing capacity and the number of certified patients […]
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Puerto Rican brand Goya keeps title as ‘most recognized brand’ in annual study
October 25, 2019
Food brand Goya kept its title as Puerto Rico’s most recognized and remembered brand according to the results of the annual “Marcas que Marcan” study commissioned by the Puerto Rico Sales and Marketing Association to Gaither International. The familiar brand garnered 24% of the consumer’s recognition and is followed by Nike and Coca-Cola — which […]
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Solar energy trade group rejects PREPA deal with creditors
October 25, 2019
The Solar and Energy Storage Association of Puerto Rico warned of the “serious consequences” the proposal by Puerto Rico Electric Power Authority creditors that seeks to impose a charge on people installing solar energy systems at their homes or businesses. The group known as SESA said the charge included in the Restructuring Support Agreement between […]
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