US Economic Dev’t Admin. grants $16M to EcoExploratorio project
September 17, 2021
The US Economic Development Administration is awarding a $16 million grant to Ecoexploratorio, Inc., San Juan, Puerto Rico, to construct a disaster preparedness, recovery education, and training center and ensure continuity of operations during natural disasters. The EDA grant will be matched with $4 million in local investment, said US Secretary of Commerce Gina M. […]
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Puerto Rico Tourism Co. adds 8 new certified co.’s to its Agrotourism program
September 17, 2021
The Puerto Rico Tourism Company announced the certification of eight new Puerto Rican companies in its Agrotourism Program, for which they also received an incentive of $3,000 and participated in two workshops on Agrotourism in the Digital Era. The eight certified companies are: Hacienda Chocolat in Fajardo; Hacienda Verde Tahiti in Cabo Rojo; La Finca […]
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Treasury Dept. confirms Premium Pay compensation program open for eligible workers
September 17, 2021
Employers of specific private sector industries can now access the link in their SURI accounts to request the payment of additional compensation, or Premium Pay, for employees who meet the eligibility requirements, Treasury Department Interim Secretary Ángel Pantoja-Rodríguez said. The $2,000 Premium Pay payment comes from a $200 million fund allocated by Gov. Pedro R. […]
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MCS Foundation reaches $5.5M in community support
September 17, 2021
This year, the MCS Foundation reached the amount of $5.5 million in donations and more than 50,000 volunteer hours contributed to non-profit entities that provide health, education and economic development services to vulnerable or needy communities in Puerto Rico. “The MCS Foundation has marched at a steady pace to proactively and consistently support organizations […]
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500 families receive free microinsurance hurricane protection
September 17, 2021
Raincoat, a microinsurance technology company based on the island, partnered with the Puerto Rico Children and Youth Rights Network to provide free microinsurance financial protection against hurricanes to 500 low-income Puerto Rican families and Network participants. Raincoat creates technologies to provide adequate protection to people facing adverse weather conditions and natural disasters. The policy offers coverage of up to $1,000 a year. “This […]
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CNE: Puerto Rico economy dealing with 3 ‘systemic shocks’
September 16, 2021
Puerto Rico’s short term economic performance is “overshadowed by a large cloud of uncertainty,” as the island’s government concurrently addresses the impacts of three systemic shocks: the COVID-19 pandemic; Hurricane María; and the central government’s bankruptcy, said Sergio Marxuach, Center for a New Economy’s Policy Director and Editor of the think tank’s publication: The CNE […]
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LMA Aviation signs 10-yr. lease with Ports for Ceiba facility
September 16, 2021
The Puerto Rico Ports Authority and LMA Aviation signed a 10-year lease for the use of facilities at the José Aponte de la Torre de Ceiba regional airport, it was announced. LMA Aviation is a Fixed Base Operator (FBO) that offers complete fuel services at that eastern-region airport, as well as ground handling services and […]
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Prime Air unveils plans for $1.4M temperature-controlled storage facility
September 16, 2021
With an investment of $1.4 million and applying the “most advanced technology and infrastructure,” Puerto Rican global transportation and logistics services company, Prime Air Corp. began the construction of its second temperature-controlled warehouse in the cargo area of the Luis Muñoz Marín International Airport. The facility seeks to supply the growing demand from pharmaceutical companies […]
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Execs moving up at Triple-S, Telecinco, Paradores, Foundation for PR, Merck
September 16, 2021
This edition of Climbing the Corporate Ladder includes new appointments and re-shufflings at the top positions of a cross-section of industries in Puerto Rico. Expanded responsibilities for Triple-S Management senior leadershipRoberto García- Rodríguez, CEO of Triple-S Management, announced organizational changes in the senior leadership team to support the company’s integrated health care strategy. “During 2021, […]
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FEMA tests alternate Public Warning System site in Puerto Rico
September 16, 2021
With more than $1 million invested in modernization improvements, the Federal Emergency Management Agency (FEMA) upgraded the Integrated Public Alert & Warning System (IPAWS) National Public Warning System (NPWS) facility in the Univision WKAQ-AM tower site in Cataño and tested it successfully. From 10 a.m. to 3 p.m. Wednesday, WKAQ radio hosts Ruben Sánchez and […]
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FirstBank supports food security with urban garden in Caño Martín Peña community
September 16, 2021
As part of its commitment to the environment and the socio-economic development of the communities it serves, FirstBank recently developed an urban garden in collaboration with the Residentes Unidos de Barrio Obrero Marina, in the Caño Martín Peña community. Residents of the community worked hand in hand with a group of FirstBank volunteer employees in […]
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CEOs Against Cancer discusses COVID-19 impact on screening
September 16, 2021
The American Cancer Society of Puerto Rico recently conducted its 2021 CEOs Against Cancer Puerto Rico Chapter Special Meeting, which addressed the topic of a return to screening. Key ACS officers attended the meeting, including Karen E. Knudsen, CEO of the American Cancer Society Inc., who presented the results of a survey conducted among cancer […]
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Business leaders list opportunities for ‘manufacturing of the future’
September 15, 2021
As part of the activities to mark “Manufacturing Week 2021” locally and in the US mainland, Puerto Rico Manufacturing Extension Inc. (PRiMEX), held a round table with business leaders, who discussed the opportunities and how the manufacturing of the future will be built. Leaders agreed that Puerto Rico needs to maintain the existing manufacturing industry, […]
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Science Trust, ISACA unveil new certification in emerging technologies
September 15, 2021
The Puerto Rico Science, Technology and Research Trust in agreement with the Information Systems Audit and Control Association (ISACA) announced it will offer for the first time a professional certificate in emerging technologies. The session provides training, practice, and examination in emerging sectors such as cloud, IoT technology, blockchain and artificial intelligence. This certificate is […]
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Mennonite Health System inaugurates $6M projects in Caguas hospital
September 15, 2021
The Mennonite Health System unveiled its new Specialized Rehabilitation Unit at its Caguas hospital, which will soon begin to offer services to manage the recovery of patients whose functionality has been affected by a health condition. The hospital system also announced that a new and remodeled Intensive Care Unit is already in operation. Both projects […]
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