US Army Corps of Engineers allocates $230M for Puerto Rico waterways improvements
January 20, 2022
The US Army Corps of Engineers has assigned some $230 million for improvements to the Caño Martín Peña, the San Juan Bay, and the Culebrinas River, as part of the Biden Administration’s Infrastructure Act. Of that amount, $163 million will go to restore the Caño Martín Peña and the nearby areas of the San Juan […]
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UPR hospital in Carolina breaks in new robotic tech for knee, hip replacement surgeries
January 20, 2022
The Puerto Rico Orthopedic Center of the University of Puerto Rico’s Dr. Federico Trilla Hospital in Carolina this week began performing the first knee replacement operation with Mako SmartRobotics robotic technology. The robot — which the hospital said is unique to Puerto Rico, the Caribbean, and the Central America region — is used to perform […]
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Proyecto Agroecológico el Josco Bravo to train 150 new farmers
January 20, 2022
The Proyecto Agroecológico el Josco Bravo will train 150 new farmers through the ninth edition of its “Productores y Promotores” course starting next month, in seven locations throughout Puerto Rico, the nonprofit announced. The course has a network of more than 60 farms that serve as mentors and where students must complete 50 hours of […]
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Boys & Girls Clubs of Puerto Rico expands local workforce
January 20, 2022
Community-based nonprofit organization Boys & Girls Clubs of Puerto Rico launched the “Now it’s your turn! Join Us,” recruitment campaign, that seeks to hire more than 80 professionals, to expand its local workforce. The effort appeals to trained talent who wants to be part of Puerto Rico’s transformation through the programs and services offered by […]
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US District Court approves Puerto Rico’s debt adjustment plan
January 19, 2022
After more than five years, the US District Court for the District of Puerto Rico approved a Plan of Adjustment that reduces the commonwealth’s debt by 80% and saves Puerto Rico more than $50 billion in debt service payments. Among other matters, the plan orders modifying some $33 billion in central government obligations. In a […]
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NBCU Academy grants student scholarship fund to Sacred Heart University
January 19, 2022
Through its NBCU Academy program, the NBCU News Group awarded the Sacred Heart University’s Ferré Rangel School of Communication (ECFR, in Spanish) a donation as part of a new partnership to support the education of communicators who contribute to the values of diversity, equity, and inclusion in society. Sacred Heart University is one of 13 […]
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Barrranquitas farmers to sell yam production to Econo, Wal-mart
January 19, 2022
Agriculture Department officials stepped in to help farmers in Barranquitas market their yam harvests, after one of the agronomists went public on social media about the possible loss of a large starchy root vegetable crop he was unable to sell. Agriculture Secretary Ramón González met with farmers in the mountainous town, connecting them with retailers […]
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FV Bank invests in DIRO global instant bank account verification platform
January 19, 2022
Puerto Rico-based FV Bank announced it has invested in DIRO, an online platform that provides financial institutions, payment providers, crypto companies, and other enterprises with the ability to verify a person or document on a global scale. FV Bank is integrating DIRO’s solution into its account opening protocols to facilitate compliant automation of its “Know Your Customer” […]
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EDB doubled its financing capacity for SMEs in ’21 vs. ’19
January 18, 2022
The Puerto Rico Economic Development Bank doubled the number of loans approved for small and mid-sized businesses in 2021, when compared to 2019, agency President Luis Alemañy said, adding that in doing so, “the public corporation has become one of the main sources of aid and financing” for that segment known as SMEs. Offering a […]
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Education announces $75M wi-fi initiative for public schools
January 17, 2022
The Puerto Rico Department of Education announced a $75 million initiative to provide wireless broadband access to public school students and teachers through June 30. In a release, the agency confirmed the funding will come from the federal Emergency Connectivity Fund. The three companies participating in the initiative are Liberty Puerto Rico, Claro Puerto Rico […]
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GUIA reports 36% YoY new car sales growth in ’21, highest jump in 16 yrs.
January 14, 2022
New car sales in Puerto Rico hit a record figure last year, when 129,145 vehicles were sold, representing a 36% jump when compared to 2020, and the highest growth since 2005, when 140,400 units were sold, the United Automobile Importers Group (GUIA, in Spanish) announced. Last year’s industry growth happened despite the effects of the […]
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DDEC announces commercial mission to Spain April 4-8
January 14, 2022
The Department of Economic Development and Trade announced that the Trade and Export Program will carry out a commercial mission to Spain, which will take place April 4-8, with the support of a State Trade and Export Promotion grant from the U.S. Small Business Administration. Entrepreneurs interested in participating in this trade mission have until […]
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Puerto Rico Ports Authority lands $8M from FAA for airport upgrades
January 13, 2022
The Puerto Rico Ports Authority announced it has received $8 million from the Federal Aviation Administration, which it will earmark to cover capital improvement projects in the island’s airport system. In a release, agency Executive Director Joel Pizá said the specific projects will be: The expansion project of the passenger terminal and installation of jet […]
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Discover Puerto Rico sends delegation to International Tourism Fair in Madrid
January 13, 2022
A delegation from Discover Puerto Rico will arrive in Spain next Monday to participate in the new edition of the International Tourism Fair (FITUR) that will take place in Madrid Jan. 19-23. The group will take all possible precautions to avoid COVID-19 infections during the event that brings together thousands of people in one of […]
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USDA invests $1.5M in partnerships to address climate change in Caribbean
January 13, 2022
The US Department of Agriculture announced a $9 million investment in new Cooperative Extension and USDA Climate Hubs partnerships to bolster climate research and connect and share climate-smart solutions directly with the agricultural community. The USDA Caribbean Climate Hub, which will receive $1.5 million, is partnering with minority-serving universities, including the University of Puerto Rico […]
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