NRCS provides $19.5M+ in tech, financial conservation aid to Caribbean farmers in ’21
January 12, 2022
In 2021, USDA’s Natural Resources Conservation Service (NRCS) provided more than $19.5 million across its different programs to farmers, ranchers, and forest landowners in Puerto Rico and the US Virgin Islands, the agency announced. “Our data shows that we and our partners brought a healthier resource base and were able to impact farmers and communities […]
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Gov’t opens $75.6M Puerto Rico Homeowner Assistance Program application cycle
January 11, 2022
The US Department of Treasury approved Puerto Rico’s plan to use some $75.6 million for the Homeowner Assistance Program to help homeowners who have faced difficulties paying the mortgage on their primary residence, and other housing-related expenses, due to the COVID-19 pandemic. “This program is aimed at preventing mortgage defaults, home foreclosures and the loss […]
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3 nonprofits serving Puerto Rico get USDA conservation assistance grants
January 11, 2022
The U.S. Department of Agriculture (USDA) is investing $50 million in 118 partnerships to expand access to conservation assistance for climate-smart agriculture and forestry. Three of those partnerships — with Pecan Street Inc., Rural Advancement Foundation International‐USA, and the Rural Coalition — will benefit Puerto Rico communities, according to the agency. The Equity Conservation Cooperative […]
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TOTE, Global Citizen USA partner to distribute toys to communities in Puerto Rico
January 11, 2022
The TOTE Group’s maritime companies have partnered with Global Citizen USA to ensure hundreds of families in Alaska and Puerto Rico received toys in time for the holidays. TOTE worked with logistics partners Carlile, Ryder Systems, Tropical Shipping, DM Transport and OM Transport to provide transportation and warehousing services to deliver 23,400 toys to more […]
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MasTec North America sues Claro for $10M in breach of contract suit
January 10, 2022
MasTec North America Inc., a FL-based infrastructure construction company, is suing Claro Puerto Rico for $10 million in outstanding pay for the work it did to restore the telecommunications provider’s “devastated” infrastructure following Hurricane María in 2017. In a lawsuit filed last week in the US District Court of Puerto Rico in San Juan, the […]
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Puerto Rico get $35.4M from US gov’t for home energy assistance
January 10, 2022
Due to the passage of the American Rescue Plan, Puerto Rico has received $35.4 million for the Low-Income Home Energy Assistance Program (LIHEAP) available this fiscal year, which runs through September 2022. As part of a state-by-state breakdown of funding, the White House reported that in addition to an annual appropriation of $15.2 million for […]
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The impact of 5G on cyber risks
January 10, 2022
[SPONSORED POST] 5G technology has the potential to revolutionize all sectors of the economy and give way to an unimaginable future: hyperconnected and rich in foreseen devices and sensors that still have a long way to go. It may considerably transform every aspect of our lives, from transportation to medicine and even entertainment. However, as […]
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Hunter College’s Center for Puerto Rican Studies gets $1.2M Andrew W. Mellon Foundation grant
January 10, 2022
The Andrew W. Mellon Foundation has awarded Hunter College a grant of $1.2 million to support scholarly study groups bringing together academics, journalists, and artists from both Puerto Rico and its diaspora at Hunter’s Center for Puerto Rican Studies, the Centro announced. The Centro has a 50-year legacy of interdisciplinary and collaborative research. This new […]
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Passenger traffic at LMM nears 9.7M in ’21, up 2.5% vs. ’19 pre-COVID levels
January 7, 2022
Passenger traffic at Puerto Rico’s Luis Muñoz Marín International Airport (LMM) approached nearly 9.7 million in 2021, up some 2.5% when compared to the 12-month period ended December 2019, before the COVID-19 pandemic crippled air traffic. When compared to 2020, passengers who used the facility doubled from the 4.8 million reported by its operator, Grupo […]
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Heads of Puerto Rico co-ops join to form new association
January 7, 2022
The heads of cooperatives from all over Puerto Rico have come together to create the Association of Co-op Presidents and Elected Leaders Inc., which aims to defend the best interests of local cooperative members, estimated at a million. This new organization brings together members who were elected by their peers to compose the boards of […]
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LeadPivot Technologies launches finance, investment education app
January 7, 2022
Puerto Rican firm LeadPivot Technologies recently unveiled a new mobile app called “Publicaciones de Birling Capital,” which contains all the finance and investment-related content produced by Birling Capital. LeadPivot Technologies is Birling Capital’s software development division, and its focus is to drive business growth and transform it through digital tools to achieve better services, customer […]
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PRIDCO expects to reap benefits of ‘strategic transformation’ in ’22
January 5, 2022
After wrapping up what he called a “complex year” during which many projects were kicked-off and made possible using Puerto Rico Industrial Development Company (PRIDCO) properties, agency Executive Director Javier Bayón said 2022 brings a loaded agenda in favor of Puerto Rico’s economic development. PRIDCO officials spent the better part of 2021 reshaping the agency’s […]
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FEMA moves forward with earthquake recovery efforts in Puerto Rico
January 5, 2022
Two years after the string of earthquakes that hit Puerto Rico at the end of 2019, the recovery continues with more than $523 million that the Federal Emergency Management Agency (FEMA) has allocated. The funds are distributed among projects in 14 municipalities of the southern, western, and central parts of the island. Among the structures […]
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Lexus ‘reframes’ vision of luxury to focus on life experiences
January 5, 2022
These days, luxury is defined as something far beyond material possessions and is now related to experiences that offer an element of surprise, affect lives and that become unforgettable. That’s what Lexus’ new vision is about, focusing its efforts on “reframing” the meaning of luxury, the brand stated. As part of the brand’s ongoing changes, […]
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Kinderhook closes acquisition of Medical Card System Inc.
January 4, 2022
Nearly seven months after announcing its intention to acquire Puerto Rico-based healthcare services organization Medical Card System (MCS), MHH Healthcare, L.P. announced it has closed the transaction. MHH Healthcare is a platform company formed by Kinderhook Industries, LLC to invest in health plans, health maintenance organizations, and healthcare services organizations. The transaction completes MHH Healthcare’s […]
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