Gaming Commission waiting for $3.5M to ‘straighten out’ illegal slots industry
December 2, 2021
After winning an appeal of a lawsuit related to the oversight of adult gaming slot machines, the Puerto Rico Gaming Commission is waiting for its share of $3.5 million from the Puerto Rico Treasury Department, from the $6 million earned this term to hire staff and straighten out the sector, agency officials said. The San […]
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Work credit could lift 125K people out of poverty in Puerto Rico
December 2, 2021
An estimated 125,000 people, or 54,920 families or taxpayers, could cross the poverty line in Puerto Rico by adopting the new Earned Income Tax Credit, Economist Daniel Santamaría-Ots, senior public policy analyst at Espacios Abiertos, confirmed upon analyzing tax returns filed for the year 2019. The nonprofit released the results of the study entitled “The […]
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ParkSleepFly study confirms Puerto Rico is top vacation spot for US travelers
December 2, 2021
A new study by ParkSleepFly revealed that Puerto Rico is the most in-demand vacation destination for US tourists in 2021. Searches for Puerto Rico vacations have increased by 61.11%, the fourth highest growth in popularity of the countries included in the study that analyzed Google search data for flights, vacations, and hotels in popular tourist […]
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Cybercrimes have escalated during COVID-19 pandemic
December 2, 2021
Considering the increasing incidence of cybercrimes, companies must know their risk profiles, prioritize cyber hygiene, and identify the appropriate insurance solutions for their type of company, but above all, start as soon as possible. Those were some of the recommendations offered by Brian J. Schnese who, prior to becoming a risk consultant for Hub International, […]
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Op-Ed: Success using ARPA funding
December 2, 2021
In Puerto Rico, we continue to set an example for other United States jurisdictions on how to respond to the COVID-19 pandemic. After leading the administration of CARES Act funding effectively, without findings, we are now doing the same with the American Rescue Plan Act (ARPA) funds. Among other financial allocations, ARPA represented a $2.47 […]
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McConnell Valdés marks 75th anniversary with new foundation
December 2, 2021
Puerto Rico-based law firm McConnell Valdés LLC (McV) is marking 75 years of uninterrupted service and as part of that celebration, it announced the creation of the McConnell Valdés Foundation. It also announced the inauguration of the exhibition: “El poder expresivo: una mirada a la colección McConnell Valdés” at the Puerto Rico Museum of Art. […]
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Cybersecurity firm GM Sectec expands its services in Africa
December 2, 2021
Cybersecurity GM Sectec announced the expansion of its services to the African continent adding Kenya and Nigeria to the list of countries serviced in addition to South Africa. Organized online crime in Africa shows how digitization has reached almost every major crime area across the continent. According to an Interpol report, despite the continent’s lower […]
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BASED launches platform to ‘support, inspire and inform a better Puerto Rico’
December 1, 2021
Puerto Rico’s growing start up and entrepreneurial ecosystem is now supported by a comprehensive resource guide called BASED. Founded by young Puerto Rican entrepreneur Gustavo Diaz-Skoff, BASED is a subscription-based digital platform and quarterly magazine that provides aspiring entrepreneurs, changemakers and business leaders the tools, resources, and inspiration to build a better Puerto Rico. “I […]
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ATH Móvil for Puerto Rico generates $200K+ in donations to nonprofits
December 1, 2021
Evertec announced the results of its fundraising initiative, “ATH Móvil for Puerto Rico,” which drove thousands of Puerto Ricans to donate via ATH Móvil’s “donate” feature, resulting in more than $200,000 raised for local nonprofit organizations. WAPA TV joined the initiative with the support of its programs and celebrities, along with dozens of influencers who […]
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CGI’s disaster recovery IT, data management services contract extended
December 1, 2021
Technology firm CGI today announced the government of Puerto Rico has awarded it a contract for ongoing disaster recovery IT services as part of the Commonwealth’s continued rebuilding effort following hurricanes Irma and María. The financial terms of the contract were undisclosed. “CGI and the government of Puerto Rico have forged a vital partnership to […]
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Gov’t unveils plans for $118M Bahía Urbana project in Old San Juan
November 30, 2021
The Puerto Rico government announced the start of work to rebuild and develop the new Bahía Urbana through an agreement with the Convention District Authority, and a private investment of $118 million that will create more than 180 jobs during its construction and 250 once it is in operation. For this project, Las Brisas Property […]
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CNE to host annual conference to ‘reimagine Puerto Rico’s future’
November 30, 2021
The Center for a New Economy (CNE) will hold its annual conference, the Growth Policy Summit 2021, when it will address Puerto Rico’s economic growth from different perspectives with the input of leaders in education, philanthropy, fiscal affairs, and economics. The Growth Policy Summit will be held Dec. 3 at the Sheraton Hotel in the […]
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Direct Relief, Abbvie grant $1.9M to improve rural drinking water systems
November 30, 2021
Direct Relief, with the support of pharmaceutical company AbbVie, awarded a $1.9 million grant to nonprofit organization Por los Nuestros — dedicated to providing renewable energy solutions, advocacy for communities and public health — to install renewable energy systems in 25 rural aqueducts in communities without drinking water service. The Anones Maya rural community aqueduct […]
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Medtronic to host job fairs in Puerto Rico’s southeast
November 30, 2021
The largest medical device manufacturing company in Puerto Rico announced a series of job fairs with which it seeks to recruit hundreds of employees for their plants in Juncos, Ponce and Villalba. The third fair will be held Nov. 30, from 9 a.m. to 4 p.m. in the Wilnelia Merced Activity Room in Caguas. The […]
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MCS Foundation to sponsor workshop for other nonprofits
November 30, 2021
To support its peers, the MCS Foundation will sponsor a free workshop for other local nonprofits, when it will unveil a new virtual fundraising platform offering the possibility of reaching the Puerto Rican diaspora in the US mainland. The workshop, titled “Building Resilience Through Philanthropic Innovation,” will be held via Zoom Dec. 2 at 3 […]
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