Economic Development Dept. officials promote P.R. in Germany
April 2, 2019
Department of Economic Development and Commerce Secretary Manuel A. Laboy Rivera is taking part in Hannover Messe 2019, an international event in Germany where he will promote Puerto Rico as an investment destination, through the opportunity zones in multiple sectors including research and technology development. “The purpose of the event is to promote investment in new […]
chat_bubble0 Comment
visibility1296 Views
New generation of creative businesses known as La Cepa 1.0 takes off
April 2, 2019
Sacred Heart University, through its “Nuestro Barrio: Santurce Cultural District Program” announced the 23 companies selected to participate in its training platform for the area’s creative businesses. This initiative is possible through the allocation of $400,000 the university received from the U.S. Economic Development Administration to support the acceleration of creative industries, college officials said. […]
chat_bubble0 Comment
visibility1432 Views
T-Mobile CEO Legere in San Juan today for ‘Winners Circle P.R.’ event
April 1, 2019
T-Mobile CEO John Legere confirmed he will be in San Juan today to meet with employees during its “Winners Circle Puerto Rico” event, which will take place all week. This is the first time T-Mobile celebrates the companywide affair in Puerto Rico, which will bring some 1,500 employees to the island, including other high-ranking company […]
chat_bubble0 Comment
visibility2678 Views
‘Starbucks Express,’ the specialty coffee company’s mobile unit, unveiled
April 1, 2019
Starbucks Puerto Rico unveiled its new “Starbucks Express,” mobile coffee shop concept — the first of its kind in Latin America and one of the few in the world, company executives said. Starbucks Express joins the 26 stores that the company has on the island. Weighing in at 16,000 pounds and measuring 32 feet long […]
chat_bubble0 Comment
visibility3880 Views
Op-Ed: PREPA’s 20-year plan conflicts, undermines long-term renewables goal
April 1, 2019
Last month, the Puerto Rico Electric Power Authority filed its long-anticipated integrated resource plan – a 20-year plan for the transformation of the island’s power generation system – with its regulator, the Puerto Rico Energy Bureau. In the plan, PREPA details various scenarios for the build-out of generation infrastructure and a five-year action plan of […]
chat_bubble0 Comment
visibility1631 Views
P.R. Institute of Statistics offers courses to improve data gathering skills
April 1, 2019
Looking to expand the statistical information on a number of topics and educate about statistics and tools available to manage and access them, the Puerto Rico Institute of Statistics is hosting a series of workshops and webinars. While the workshops requiring attendance target mainly government employees and representatives of non-governmental entities responsible for keeping statistics […]
chat_bubble0 Comment
visibility1545 Views
PRiMEX launches exports program with selection of 12 Puerto Rican co.’s
April 1, 2019
Twelve companies were selected to participate in a new export program launched by the Puerto Rico Manufacturing Extension Inc. As part of the program each participant will receive 60 hours of free training, coaching and educational materials with which entrepreneurs can create their export plan and implement them with PRiMEX’s support. The main objective of […]
chat_bubble0 Comment
visibility1481 Views
NY Fed’s Williams: ‘P.R. must leverage natural, human assets’ to bounce back
March 29, 2019
New York Fed President John Williams urged Puerto Rico to leverage its natural, cultural and human resources to create a sustainable, strong, vibrant and prosperous economy for future generations. During his two-day visit to Puerto Rico and the U.S. Virgin Islands — which fall under his agency’s jurisdiction — Williams participated in a conversation with […]
chat_bubble2 Comments
visibility2011 Views
HUD’s Inspector General auditing part of the disaster funds for P.R.
March 29, 2019
By Jeniffer Wiscovitch-PadillaCenter for Investigative Journalism The U.S. Department of Housing and Urban Development’s Office of the Inspector General (HUD’s OIG) confirmed it is auditing the Community Development Block Grant–Disaster Recovery (CDBG–DR) Program funds granted to Puerto Rico after Hurricanes Irma and María. HUD Spokesman Darryl Madden told the Center for Investigative Journalism (CPI, for […]
chat_bubble0 Comment
visibility1497 Views
Tres Monjitas pumps $1.8M into Mayagüez distribution center
March 29, 2019
Vaquería Tres Monjitas inaugurated a new distribution center in Mayagüez, in which it invested $1.8 million to expand its operation in the western area and supply the regions’ market quicker and more efficiently, company officials said. The new 20,000 square-foot facility, including 8,000 square feet of refrigerated space, has the capacity to store 500 tons […]
chat_bubble0 Comment
visibility2638 Views
Walmart launches private brand of sangria produced by local supplier
March 29, 2019
Walmart Puerto Rico announced the launch of Rumgria “The Best of Both Worlds,” its private label sangria manufactured by local company R ‘Brothers, LLC, creator of the Sangría artisanal Los Hermanos. In making the announcement, Viviana Mercado, senior manager of corporate affairs at Walmart Puerto Rico, said with Rumgría, “the company continues to expand the […]
chat_bubble0 Comment
visibility3629 Views
USDA to grant up to $300K for innovative conservation projects in P.R./USVI
March 29, 2019
The U.S. Department of Agriculture’s Natural Resources Conservation Service is making $300,000 available in 2019 Caribbean Area Conservation Innovation Grants (CIG) to stimulate the development and adoption of innovative conservation approaches and technologies in the Caribbean Area. Applications are requested from eligible government agencies, non-governmental organizations or individuals in Puerto Rico and the U.S. Virgin Islands […]
chat_bubble0 Comment
visibility1577 Views
OFG Bancorp’s ’18 digital annual report available online
March 29, 2019
OFG Bancorp announced that its 2018 digital annual report is now available online. Designed for viewing on all platforms, it features a video letter to shareholders by OFG Bancorp President José Rafael Fernández. It also includes animated and downloadable summaries of 2018 financial highlights and service innovations, and PDFs of its “wrap 10-K” print annual […]
chat_bubble0 Comment
visibility1809 Views
Battered children shelter outfitted with $45K solar energy system
March 29, 2019
The Hogar Infantil Santa Teresita del Niño Jesús battered children’s shelter in Arecibo announced the installation of a new $45,000 solar energy system, through a joint effort between the Somos Solar Foundation and Maximo Solar Industries. The system will allow continuity services offered to child abuse victims, even when there are power outages. After Hurricane […]
chat_bubble0 Comment
visibility1521 Views
Grupo Guayacán, P.R. Builders open call for 3rd edition of joint fellowship program
March 28, 2019
The Puerto Rico Builders Association (PRBA) and Grupo Guayacán Inc. (GGI) announced the call for applications for the third annual PRBA-Guayacán Fellowship which will sponsor the participation of up to two PRBA members in the 2019 Guayacán Venture Accelerator (GVA). The GVA is an executive education and development program for companies established in Puerto Rico seeking […]
chat_bubble0 Comment
visibility2153 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA