Vieques Sustainable Economic Dev’t Council presents multi-action plan
November 4, 2021
The Vieques Sustainable Economic Development Council — created earlier this year to move the economy of the island municipality forward — presented to Gov. Pedro Pierluisi a multi-strategy plan to develop tourism, jobs, improve transportation, health, infrastructure, energy, security, education, and special projects. One of the steps taken by the Council is to recommend that […]
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InvestPR locks down 5K jobs, $270M in capital investments in fiscal ’21
October 1, 2021
Invest Puerto Rico — a nonprofit investment promotion organization — confirmed that it was able to lock down commitments generating almost 5,000 jobs, with $270 million in capital investment for the island in Fiscal 2021. Those achievements will be included in the entity’s final report to be released in a few months, Ella Woger-Nieves, chief […]
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Titín Foundation unveils initiative to support economy in southern Puerto Rico
February 24, 2021
Titín Foundation, in collaboration with the US Economic Development Administration (EDA) announced the launch of “Apostemos por el Sur,” an effort to convey the creation of the first economic district in southern Puerto Rico. The pilot program for the island’s first Economic Development District will cover the towns of Juana Díaz, Ponce, Peñuelas, Guayanilla, Yauco […]
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Gov’t unveils free housing blueprints for hurricane, earthquake-resilient homes
October 30, 2020
Given the need in Puerto Rico for safe and resilient structures due to the frequency of storms and seismic events, and to help phase out life-threatening, irregular construction, the Department of Economic Development and Commerce (DDEC, in Spanish) announced the availability of free housing blueprints. “Through these plans to develop safe homes, we offer an […]
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LEDC opens Mayagüez office dedicated to serving small businesses
September 5, 2019
The Latino Center for Economic Development (LEDC) announced that it opened a new office in Mayagüez, making it the only community development financial institution on the island’s west side. The office will work to strengthen and expand Puerto Rico’s business ecosystem and build resilience among local businesses, providing access to capital, officials said. “In LEDC […]
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Laboy: Gov’t permitting process should improve with new streamlined system
May 9, 2019
Puerto Rico’s Economic Development and Commerce Secretary Manuel Laboy is betting on a handful of new online products to be launched in the next four to six weeks to speed up and streamline the government’s permitting process. During an interview with the “En Una Hora” program on 11Q 1140 AM, in which News is my […]
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P.R.’s film industry on a roll with more movies, TV productions in the pipeline
December 3, 2018
Economic Development and Commerce Secretary Manuel Laboy and Puerto Rico Film Commissioner Pedro Rúa-Jovet discuss the status of Puerto Rico's film industry, and what lies ahead for 2019 and beyond.
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CPA Foundation reaffirms forward-looking roadmap for P.R.’s sustained economic dev.
November 8, 2018
The CPA Foundation’s study suggested the elements that must be present in an economic plan that has as its guide, the island’s economic development.
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EDB, Economic Development to host blockchain seminar for entrepreneurs
October 11, 2018
All things related to blockchain technology and its role in business will be discussed at a seminar that will be held Oct. 16.
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Foundation for P.R. seeks to boost economic dev’t in 50 island communities
June 14, 2018
The Foundation for Puerto Rico unveiled in Orocovis the preliminary results of its pilot “Bottom Up Destination Recovery Initiative” pilot project, which aims at social and economic development of communities “to make the island a destination for the world.”
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Gov’t announces 200 job opportunities for Puerto Rico youth
November 20, 2017
Aware of the importance for youth to have a first job experience, the Puerto Rico Department of Economic Development and Commerce will provide 200 young people the chance to get started in the workplace, through the “Juvempleo” project, which has been assigned $1 million to cover the payroll for hiring companies.
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Laboy: Manufacturers staying put thru PR’s hardship
October 17, 2017
Manufacturing operations — including pharmaceuticals and medical device makers — have not given notice of plans to leave the island despite the hardship conditions Hurricane María left in its wake, Economic Development and Commerce Secretary Manuel Laboy said Monday.
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Gov’t starts rapid response to help employers, workers
September 9, 2017
Economic Development and Commerce Secretary Manuel A. Laboy-Rivera announced today that the agency has activated rapid response services under the Workforce Development Program to provide guidance and services to employers and displaced workers affected directly or indirectly by hurricane Irma.
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Gov’t hosts meeting to boost local contracting prospects
August 29, 2017
Federal government procurement officers met Monday with Economic Development and Commerce Secretary Manuel Laboy-Rivera to create alliances and outline a joint action plan to help increase federal contracting from Puerto Rican companies.
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Rosselló signs trio of economic development measures
July 12, 2017
Gov. Ricardo Rosselló signed three legislative measures that seek to stimulate the economy and create new jobs in Puerto Rico, with special emphasis on small and medium enterprise, or SMEs.
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