3 Puerto Rico nonprofits receive $45K through Airbnb fundraising initiative
July 21, 2021
Three Puerto Rico-based nonprofits — CMV Casa sin Fronteras, La Maraña, and the Programa de Educación Comunal de Entrega y Servicio Inc. — will receive a combined $45,000 through the Airbnb Community Fund. The fund was created to distribute $100 million over 10 years to organizations that are strengthening communities around the world, including $10 […]
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Ford marks 20th anniversary of its Ford Environmental Grants program
July 21, 2021
Ford Puerto Rico announced the open call for the 2021 Ford Environmental Grants program, which celebrates 20 years of promoting sustainability and accelerating the conservation of natural resources through the contribution of funds to community projects that positively impact the environment. This year, Ford Environmental Grants will distribute $40,000 to the winning projects. To participate, […]
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PREPA has required legal provisions to enable ‘massive installation’ of photovoltaic systems
July 20, 2021
A new study commissioned by nonprofit organization CAMBIO has identified the existing regulatory and legal alternatives to move toward clean energy and the resilience of each home in Puerto Rico through the model proposed by Queremos Sol, which would provide access to solar panels without depending on the economic capacity of families. “We are presenting […]
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Triple-S Salud launches MiTriples.com for members
July 20, 2021
Health insurance provider Triple-S Salud announced that all its commercial health plan members’ health data and that of their dependents will now be available for their use once members register on mitriples.com. “The new Mi Triple-S website has been designed to provide valuable healthcare information that stems from the use of their health plan to […]
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Puerto Rico car sales up 9.3% Y-O-Y in June, limited by chip shortage
July 19, 2021
The United Automobile Importers Group (GUIA, in Spanish) confirmed that Puerto Rico’s new car sales grew by 9.3% in June, when compared to the same month in 2020, with 11,636 units sold in comparison to the 10,648 new vehicles that rolled off lots in June 2020. “Given that June of last year was the first […]
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Puerto Rico businesses affected by ’20 storms, flooding still may apply for SBA loans
July 19, 2021
The US Small Business Administration is reminding small businesses and most private nonprofit organizations in Puerto Rico that Economic Injury Disaster Loans (EIDLs) are still available to anyone in the declared municipalities in Puerto Rico affected by severe storm and flooding on Sept. 13, 2020. The application deadline is Aug. 5 in the following adjacent […]
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Emilio’s Pool & Spa launches app following 40% growth spike
July 19, 2021
Plastic pools were the most requested item last summer during the COVID-19 pandemic and associated stay-at-home restrictions, a phenomenon that represented a 40% market growth for Emilio’s Pool & Spa in Guaynabo. Because their upkeep often falls to the owners, Ramón Emilio Román and Mariluz Maldonado launched a mobile application — Emilio’s Pool App — […]
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MCS Classicare reaccredited by nationally recognized entity for service excellence
July 19, 2021
MCS Advantage Inc., a subsidiary of MCS under the Medicare Advantage business line, announced that it recently received accreditation for an additional three years from the Association for the Accreditation of Ambulatory Health Care (AAAHC). MCS Advantage Inc. first obtained the accreditation in 2018, and since then, the company and its MCS Classicare (HMO) products […]
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Retail Value Inc. sells off remaining 9 shopping centers in Puerto Rico for $550M
July 16, 2021
Retail Value Inc., the owner of nine shopping centers in Puerto Rico, has agreed to sell its remaining properties in Puerto Rico to Kildare Acquisitions for $550 million in cash. This is the third time in the last six months that the independent publicly traded company has announced the sale of a local property. In […]
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San Juan Superior Court strikes down adult gaming machine regulations
July 16, 2021
The San Juan Superior Court has struck down several regulations related to the operation of adult gaming machines outside government-approved hotel casinos, as a resolution to a lawsuit filed by Electronic Games Inc. against the government of Puerto Rico last year. In her decision dated July 14, 2021, Superior Court Judge Glorianne M. Lotti-Rodríguez declared […]
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Florida Bakery marks 1st year in Central FL with plans to open new location in ’22.
July 16, 2021
Orlando, FL — Puerto Rican couple Rafael Román and Kiara Delgado, owners of Florida Bakery & Restaurant are determined to bring their delicious ‘pan sobao’ and menu to one of the fastest growing areas in Central Florida, known as Lake Nona. On July 15, 2020, they opened their first store in Kissimmee, in the heart […]
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GP Strategies sues 4 Puerto Rico towns to collect nearly $3.7M in unpaid fees
July 15, 2021
GP Strategies, a firm dedicated to providing solutions to improve organizational effectiveness, is suing four Puerto Rico municipal governments for non-payment of some $3.7 million, News is my Business learned. In separate lawsuits filed at the Superior Courts in San Juan, Caguas, Carolina and Mayagüez, GP Strategies basically exposes the same cause for going after […]
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Puerto Rico’s Economic Activity Index shows Y-o-Y increase of 7.9% in May
July 15, 2021
Puerto Rico’s Economic Activity Index (EDB-EAI) for May 2021 reached a maximum level of 119.4 points representing a year-over-year increase of 7.9%. When compared to the previous month, the index rose by 0.2%, Luis Alemañy, president of the Puerto Rico Economic Development Bank, which produces the report, confirmed. The EDB-EAI contracted 5% in 2020, reaching […]
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Marvel International Inc. backs local basketball league with 1st-time sponsorship
July 15, 2021
Marvel International Inc., a subsidiary of B. Fernández Holdings Inc., announced the production of a special collectible box of its familiar hamburgers El Gordito as part of its sponsorship agreement with Puerto Rico’s basketball league. The company employs 50 people at its production plant in Guaynabo who produce over 150,000 pounds of meat, soups, stir […]
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Olive Garden expands Puerto Rico footprint with new $2.8M location in Montehiedra
July 15, 2021
Olive Garden continues to expand its footprint in Puerto Rico with the opening of its eighth restaurant, located at The Marketplace shopping center, adjacent to the Outlets at Montehiedra shopping center. With an investment of $2.8 million, the restaurant seats 200 people in several dining areas. With the opening of the restaurant, 120 new direct […]
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