New Uber Eats GM announces upcoming expansion to Mayagüez
July 15, 2021
Uber Eats’ new General Manager for the Uber Eats Andean and Caribbean region, Mauro González, announced that among his first commitments on the job are to “reactivate and grow” the island’s economy. As part of the announcement of his appointment, González confirmed that Uber Eats will be available soon in town of Mayagüez. The upcoming […]
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Tru by Hilton opening 2 hotels in Puerto Rico by ’23
July 14, 2021
Tru by Hilton, the hotel chain’s midscale brand will make its Puerto Rico debut in 2023, when it will fly its flag on two hotel properties set to be built in San Juan and Arecibo, the company confirmed. Both properties will be independently owned and operated, but the names of the developers were not disclosed, […]
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Co-owners of Fairmont El San Juan Hotel buy Palmas del Mar resort
July 14, 2021
A partnership co-owned and managed by LionGrove has acquired the Wyndham Candelero Beach Resort from Palmas Hill Partners, LLC. The property is being rebranded as the Wyndham Palmas Beach and Golf Resort. An affiliate of LionGrove will manage the resort. The financial terms of the deal were undisclosed. LionGrove is the co-owner of the Fairmont […]
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11 firms interested in developing ‘spaceport’ at Ceiba airport
July 14, 2021
The Puerto Rico Ports Authority announced it has stirred interest from 11 aerospace firms interested in becoming a master developer of services to establish a “spaceport” at the José Aponte de la Torre regional airport in Ceiba. Ports Authority Executive Director Joel A. Pizá-Batiz said the Request for Information (RFI) began in March, and 27 […]
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Op-Ed: Pandemic human resources trends that are here to stay
July 14, 2021
A lot has been said about the post-pandemic “new normal” we’re fast approaching — from, all standpoints — individually, collectively, and organizations. As we move toward the expected herd immunity, we must accept that the pandemic changed the way we live and work forever. When it comes to business operations, all survey results support the basic […]
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Oriental awards $95K in scholarships to 20 college students
July 14, 2021
Financial institution Oriental distributed $95,000 in scholarships to college students, marking the initiative’s 7th consecutive year. These scholarships are awarded through an in-house program for children of employees. The majors selected for recognition are in the areas of science, technology, engineering, math, and business administration. “It’s very important for us to help young Puerto Ricans […]
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World Central Kitchen hosts panel about food resiliency in the Caribbean
July 14, 2021
World Central Kitchen, a nonprofit that uses the power of food to nourish communities and strengthen economies in times of crisis and beyond, will hold a panel discussion entitled “Creating Resilient Food Systems in the Caribbean,” on July 19 at 3 p.m. The virtual event will be free to attend and will feature leaders in […]
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Puerto Rico public schools to serve locally harvested products
July 13, 2021
The Puerto Rico Agriculture Department and the Education Department have reached an agreement through which public school lunchrooms will serve locally harvested products when students return to the classrooms in August, the agencies announced. The contract represents some $30 million in annual purchases that will benefit some 300 farmers, News is my Business confirmed. Funding […]
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RB’s Puerto Rico opens 1st local Arby’s restaurant in Cayey
July 13, 2021
Local franchisee RB’s Puerto Rico officially opened the first Arby’s— a US-based drive-thru sandwich chain — on the island, in the mountain town of Cayey, where it is generating 40 new jobs. Company officials refrained from revealing the investment made in the new 2,600 square-foot restaurant that will feature Arby’s iconic sandwiches, wraps, sides, and […]
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USDA Puerto Rico invests $357.6M in housing program in Fiscal ’21
July 13, 2021
The USDA Rural Development Puerto Rico has invested $357.6 million to support 3,025 families and individuals to buying their first home on the island during Fiscal Year 2021, the agency’s Acting State Director for Puerto Rico, Luis R. García, confirmed. The agency invested $349.2 million through its Loan Guarantee Program and $8.4 million in Direct […]
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SBTDC launches Biz Learning Center multimedia platform
July 13, 2021
The Puerto Rico Small Business and Technology Development Center (SBTDC) of the Inter-American University and the U.S. Small Business Administration, has launched a new multimedia platform, called BIZ Learning Center, for anyone who wants to learn how to establish a business in Puerto Rico, among other topics. The Puerto Rico SBTDC has created a digital […]
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MMM Telehealth invests $5M in ‘Cita Virtual’ telehealth app
July 13, 2021
In response to the needs of older adults for more convenient ways to get healthcare services, MMM announced the launch of “Cita Virtual” (Virtual Appointment), a service for Medicare Advantage (MA) plan members that schedules an appointment with the patient’s primary doctor or, if their own doctor is not available, it can guarantee an appointment […]
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State Insurance Fund Corp. exceeds operational savings required by OBoard
July 12, 2021
The State Insurance Fund Corp. (State Insurance Fund Corp., in Spanish) confirmed it exceeded by $1.2 million the savings that the Financial Oversight and Management Board for Puerto Rico required for its operating budget for Fiscal 2021. So said CFSE Administrator Jesús M. Rodríguez-Rosa, confirming that the Oversight Board required the corporation to achieve spending […]
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Hertz sells local operation to Best Rate Car & Truck Rental Inc.
July 9, 2021
The Hertz Corporation, which operates the Hertz, Dollar and Thrifty vehicle rental brands, has sold its local operation to long-time franchisee partner Best Rate Car & Truck Rental Inc., News is my Business confirmed. The financial terms of deal that closed July 1 were undisclosed. However, this media outlet learned that as a result of […]
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DTOP vows to rebuild Puerto Rico roads with $299M FEMA allocation
July 9, 2021
To date, the Federal Emergency Management Agency (FEMA) has obligated nearly $299 million to the Department of Transportation and Public Works (DTOP, in Spanish) to repair damage and optimize state roads and bridges. This includes nearly $92 million approved during 2021 to address infrastructure in nearly 30 municipalities. The obligations represent permanent work projects to […]
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