LAJ Investment & Management, a recently created family business based in Mayagüez, has just launched its first product called Chupalitos, while announcing plans to $600,000 through the end of the year to move to a larger production facility. Chupalitos are a sorbet-like frozen treat, based on a family recipe. The frozen desserts are sold in […]
Kinesis Foundation received a $100,000 donation from biopharmaceutical company AbbVie Puerto Rico to support economically challenged students with academic excellence. The agreement between both entities will benefit students from 10th to 12th grade in Barceloneta and Jayuya. Twenty-five students from each town will receive financial support. Students participating the Bright Stars Program will receive the […]
Puerto Rican company Uva announced the most recent expansion of its home delivery route to Caguas, adding more than 30 new establishment options as part of its growth plan for 2021. In May, Uva began operating in the Bayamón and Dorado regions, and recently Caguas has been added as the third new route so far […]
Wireless carrier T-Mobile is looking into taking cable providers head-on in Puerto Rico, with plans to deploy in-home broadband service, which it has already rolled out in several US markets. During a news conference, T-Mobile Puerto Rico General Manager Jorge Martel said the island has a “great need for this type of service.” “Puerto Rico […]
The US Department of Agriculture’s decision to extend the eviction moratorium for homeowners of properties financed or guaranteed by the agency through Sept. 30 could offer a reprieve to troubled mortgagees in Puerto Rico. There are 34,000 on that list, but not all are experiencing hardship. Furthermore, the agency announced that the single-family foreclosure moratorium […]
The Federal Emergency Management Agency (FEMA) awarded more than $1.7 million for the repair of regional airports throughout the island. The funds are destined for permanent repairs in the airports of Aguadilla, Ceiba, Culebra, Mayagüez and San Juan (Isla Grande), the federal agency confirmed. The Puerto Rico Ports Authority has reported that passenger split among […]
After months of trying and deep negotiations, the US Senate negotiating committee unveiled the long-awaited $1.2 trillion bipartisan infrastructure bill Sunday night. The expectation is for the Senate to pass the bill by the end of this week. Senate Majority Leader Charles Schumer (D-NY) introduced the package for consideration, and in all likelihood, lawmakers will […]
The Puerto Rico Innovation and Technology Services (PRITS) office has opened a Request for Information process to review and evaluate entities that are interested in providing innovation and technology services to any local government agency. The RFI will allow the agency to evaluate potential candidates that could later be added to the PRITS Registry of […]
Onuvo, a Puerto Rico-based managed service provider, has been named as one of the world’s best in the 2021 Channel Futures MSP 501 rankings, for the second year in a row, company officials confirmed. For the past 15 years, MSPs from around the globe have submitted applications to be included on this definitive listing. The […]
Urban Edge Properties announced that it has signed an agreement for Sector Sixty6 and Golden Corral to open its next location at Las Catalinas Mall in Caguas in 2022. Repurposing a 122,000 square foot former Kmart, the new venue will activate empty space “with a dynamic use that adds visual excitement to the property and […]
Gov. Pedro Pierluisi offered a detailed breakdown of the use that will be given to some $4 billion allocated to the Puerto Rico under the American Rescue Plan Act of 2021. During a news conference — and flanked by Secretary of State Omar Marrero, Treasury Secretary Francisco Parés and Office of Management and Budget Executive […]
DirecTV announced that AT&T and TPG Capital have closed on the agreement announced in February 2021 to establish DirecTV as a separate video company. Under this new company, DirecTV owns and operates the former AT&T US and Puerto Rico video business unit. With the new company, there will no change to the products and services […]
This week’s edition of Climbing the Corporate Ladder includes several executive appointments across a broad range of industries, namely tourism, health insurance, and travel. BluHost names new all-female sales and marketing staffBluHost announced the appointment of five executive women to fill different positions within its sales and marketing departments for Hyatt Place, Hyatt House and […]
Low-fare carrier Frontier Airlines announced 15 new nonstop routes, including three-times weekly service between Jacksonville International Airport in Florida and San Juan’s Luis Muñoz Marín International Airport (LMM). The airline is also expanding significantly in Miami with nine new routes, including its first-ever service to Aruba, along with flights to the Turks & Caicos. “We’re […]
Andersen Global is extending its reach into the Puerto Rican market with a collaboration agreement with San Juan-based law firm Casillas, Santiago & Torres, LLC (CST Law). Founded in 2011, CST Law is a full-service firm focusing on business and commercial law with capabilities in corporate, tax, commercial and employment law litigation, real estate, immigration, […]
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