US Dept. of Labor awards $3M to Caguas nonprofit dedicated to job training
October 1, 2021
The US Department of Labor announced it has awarded nearly $3 million to the Alianza Municipal de Servicios Integrados Inc., a Caguas-based nonprofit that provides employment and training services to youth, adults, displaced people, veterans, and social security disability recipients. The grant is part of a global $68M allocation that the federal agency made to […]
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Dept. of Econ. Dev’t to host recruitment fair for employers, job seekers
October 1, 2021
The Department of Economic Development and Commerce (DDEC, in Spanish) announced a call for employers looking to hire staff interested in participating in a Recruitment Fair, sponsored by the agency’s Labor Development Program (PDL, in Spanish). Agency Secretary Manuel Cidre encouraged anyone interested in entering the job market to attend the event slated for Oct. […]
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Study: Puerto Rico credit unions have expansion opportunities in US Hispanic markets
September 30, 2021
Puerto Rico credit unions “have a great opportunity” for expansion with the growing Puerto Rican migratory flow to the US mainland, where they can also grab part of the Hispanic market that does not yet have banking services, according to a study by local analysis firm Estudios Técnicos. Other growth challenges for Puerto Rican credit […]
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Federated Wireless introducing new option to deliver high-speed broadband in rural areas
September 30, 2021
Federated Wireless, a shared spectrum and private network provider, announced it will be introducing the Citizens Broadband Radio Service (CBRS) in Puerto Rico and the U.S Virgin Islands to deliver service to the region’s Wireless Internet Service Providers (WISPs) and Mobile Network Operators (MNOs). With the buildout and deployment of its Environmental Sensing Capability (ESC) […]
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FEMA awards $1.2M to repair facilities in Caja de Muertos Reserve
September 30, 2021
The Federal Emergency Management Agency (FEMA) has allocated more than $1.2 million to make repairs to the facilities at the iconic Caja de Muertos Island Nature Reserve, located off Puerto Rico’s southern coast. Among the attractions of this protected natural area are the Pelícano beach and several educational offerings, such as talks or sea turtle […]
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Study: Inefficiencies, lack of transparency sinking competition, delaying Puerto Rico’s recovery
September 30, 2021
Despite the allocation of federal funds that exceed $62 billion, Puerto Rico’s recovery has faced multiple delays, and because a large portion of reconstruction projects are delegated to contractors, nonprofit Sembrando Sentido carried out a study on public contracting processes with Community Development Block Grant (CDBG-DR) funds, to identify the causes of the delays, their impact, and […]
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SIM gets $1.2M to build Diagnostic and Treatment Center in Toa Alta
September 30, 2021
Nonprofit organization Salud Integral en la Montaña (SIM) received nearly $1.2 million in federal funds from the American Health Rescue Plan funded by the Health Centers Program of the US Department of Health’s Health Resources and Services Administration. The seed funding will be used to break ground on the new Comprehensive Diagnosis Health Center in […]
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USDA seeks applications to support rural business development, job creation
September 30, 2021
The US Department of Agriculture announced that it is accepting applications to support economic development and create jobs for people in rural areas. The agency is making this funding available under the Rural Business Development Grant program for eligible entities to support business opportunity and enterprise projects in rural communities. Eligible entities are rural towns, […]
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Boston Scientific Dorado celebrates ‘Manufacturing Month’
September 30, 2021
As part of the celebration of “Manufacturing Day,” Boston Scientific Dorado will host for a whole month different technology activities and workshops open to students, professionals from different specialties and the public so that they can learn about the importance of manufacturing in medical equipment. “October 1 is officially celebrated as ‘Manufacturing Day.’ But we […]
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Ex-UPR president sues school’s Board of Governors, others, for $5M
September 29, 2021
Former University of Puerto Rico President Jorge Haddock and his wife, María A. Haddock, filed a lawsuit against the university’s Board of Governors, and other defendants with ties to the college, seeking nearly $5 million in compensation for early termination of his contract, and damages. The lawsuit filed at the US District Court for Puerto […]
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Liberty Puerto Rico unveils new identity as it finalizes AT&T integration
September 29, 2021
Liberty Puerto Rico unveiled its new corporate identity, brand, logo, and slogan, as it completes the integration of AT&T, to now offer fixed, mobile, and television services for consumers and businesses in Puerto Rico. “For us at Liberty, every connection matters. By integrating mobile services into our product lineup, Liberty is now, the most complete […]
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Local co. launches online platform to help SME’s make Treasury Dept. payments
September 29, 2021
In collaboration with Colmena66, Outsourcing Solutions International, LLC, a local company with more than 20 years in the market dedicated to managing accounting and payroll for small and medium (SME’s) businesses in Puerto Rico, announced the launch of Eazy Payments, a bilingual platform/SAAS for comprehensive B2B payment management. The product simplifies making payments between businesses […]
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Puerto Rico Blockchain Trade Assoc. hosting free crypto workshop
September 29, 2021
The Puerto Rico Blockchain Trade Association (PRBTA), in partnership with the Blockchain Education Network (BEN) will host “CryptoCurious,” a free four-week workshop, with the first session scheduled for Oct. 4 5:30 p.m. at the Condado Ocean Club. Every Monday, attendees will have the opportunity to learn about the fundamentals of a new topic in the […]
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Bureau of Economic Analysis confirms Puerto Rico’s GDP up 0.3% in ’19
September 28, 2021
Real gross domestic product (GDP) increased 0.3% in 2019 after decreasing 2.4% in 2018, according to estimates released by the Bureau of Economic Analysis (BEA). The statistics released are BEA’s first official release of GDP for Puerto Rico. The release includes updated estimates for 2012 to 2018 that incorporate new and additional source data and […]
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PRiMEX manufacturing week focuses on boosting innovation, sparking interest in sector
September 28, 2021
Puerto Rico Manufacturing Extension (PRiMEX) announced the start of this year’s “Manufacturing Week,” which is focused on promoting innovation, sparking interest of new and current generations in the industry, sharing best business practices, making experts available in key industry areas, promoting learning, and experiencing and developing new manufacturing trends for the future. The event follows the […]
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