Chef Mario Pagán unveils $4M La Central restaurant at Distrito T-Mobile
May 27, 2021
The aroma of “melao” coming from the rum still, the flaming charcoal grill, Puerto Rican rum, tobacco, and coffee, will be the stars of the scene of the new $4 million restaurant, La Central by Mario Pagán, located at the Distrito T-Mobile, which will open its doors on June 2. La Central will generate about […]
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VPNet, Microsoft announce $1M joint effort to deliver broadband to rural communities
May 27, 2021
Puerto Rican company VPNet Inc., with support from Microsoft’s Airband Initiative, announced an agreement to make high-speed broadband internet available in rural areas of Puerto Rico, whose communities, organizations, and businesses have faced great challenges, particularly during the COVID-19 Pandemic. The initiative entails a $1 million investment, officials confirmed. The agreement will allow approximately 480,000 […]
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CNE reviews Puerto Rico’s reconstruction and recovery process ahead of hurricane season
May 27, 2021
The Center for a New Economy (CNE) published a policy brief on the resources assigned to Puerto Rico by the federal government for reconstruction and recovery after Hurricane María, up to March 31, 2021 and called for a wider discussion of how these funds will be used. “Obligating and spending the federal funding assigned for […]
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Pep Boys to award $100K in scholarships to aspiring automotive technicians
May 27, 2021
Automotive service network Pep Boys and an Icahn Enterprises L.P., has opened a call for those studying to become technicians to apply for one of the 15 scholarships available in the annual Find Your Drive scholarship program. Scholarships awarded through the program this year will total $100,000 to celebrate the company’s centennial and continue the […]
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WorldNet, Expedition Communications partner to launch contingency satellite service
May 27, 2021
WorldNet Telecommunications LLC has partnered with Expedition Communications to offer a set of business continuity services, which includes a new contingency satellite service. The WorldNet Sky Internet, powered by Expedition Communications will provide business customers in general and WorldNet business partners access to satellite and regular internet, voice, cloud-based services, and security from one provider. […]
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Puerto Rico looks to Congress to secure increased manufacturing activity
May 26, 2021
Representatives of the island’s pharmaceutical, aerospace, medical devices, and accountants, among other private sectors, expressed their support for the Medical Manufacturing, Economic Development and Sustainability Act, submitted in Congress by Puerto Rico Resident Commissioner, Jenniffer González. The bill was touted as “an ideal route to strengthen Puerto Rico’s position as a national manufacturing center.” The […]
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Siembra Lista to sell local farming, artisanal products at gas station kiosks
May 26, 2021
Siembra Lista, a new concept to market Puerto Rico’s agricultural and artisanal products, was recently launched across a number of gas stations following a $30,000 investment, company executives confirmed. So far, gas stations in Naguabo, Bayamón, Guayama, Caguas, San Juan, Naranjito, Carolina and Fajardo, as well as community pharmacies, are featuring the unique kiosks stocked […]
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Op-Ed: The storm we’re not preparing for…inflation or hyperinflation
May 26, 2021
As May rolls out, and June approaches, all the meteorological and emergency management pundits start their media tours to forewarn everyone on getting prepared for hurricane season, which will last up until November. The warnings become full campaigns, which will flood the airwaves and the social media environment hoping that preparations will somehow reduce the […]
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Labor Dept. to train employers on Work Opportunities Promotion Fund
May 26, 2021
The Puerto Rico Labor Department will offer guidance to employers who wish to benefit from salary incentives from the Work Opportunities Promotion Fund, agency Secretary Carlos J. Rivera-Santiago announced. “We will soon begin the compulsory orientation course for public and private employers who are interested in submitting proposals for Fiscal Year 2022, as provided by […]
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Puerto Rico drivers may now take learner’s permit test online
May 26, 2021
The Department of Transportation and Public Works (DTOP, in Spanish) is making the Puerto Rico’s learner’s permit exam available online, agency Secretary Eileen M. Vélez-Vega announced. Called the Virtual Learning test, (AVI, in Spanish), the platform will allow thousands of citizens to take the driver’s test from home, using a tablet or computer with internet […]
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B2B Funding grants $4M to businesses hit by COVID-19 to continue operations
May 25, 2021
B2B Funding, established in Puerto Rico in 2016, to offer financing alternatives to local entrepreneurs, said it has awarded about $4 million to more than 150 businesses that continue to operate despite the challenges they have faced during the COVID-19 pandemic. The funding has been assigned through its business loan programs, approved during the months […]
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Puerto Rico-made SunBeat Energy solar energy storage systems make local debut
May 25, 2021
Local entrepreneur Máximo Torres, who has more than 30 years of experience in the renewable energy field, unveiled the SunBeat Energy battery and inverter line, which he developed. To launch the product line and create an inventory, SunBeat Energy has invested some $2 million, and will create about 30 direct and indirect jobs on the […]
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Seminar planned to discuss centralization of Puerto Rico gov’t procurement
May 25, 2021
The Puerto Rico Chapter of the Associated General Contractors of America (AGCPR) and the General Services Administration (GSA) are joining forces to guide the construction industry and the private sector in general on the centralized procurement process under Act 73 of 2019. The seminar will be held June 10 from 8:30 a.m. to 2:30 p.m. […]
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La Burguesía opens at Distrito T-Mobile following $900K investment
May 24, 2021
The fourth gastronomic concept at the Distrito T-Mobile entertainment complex, La Burguesía restaurant, has opened for business following a $900,000 investment. With an irreverent tone, the restaurant satirizes bourgeois society through its gastronomic offer and design. Its operators send the message by taking a universal dish and elevating its quality, offering a “bourgeois” product at […]
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Copan Industries Inc. announces $78M expansion in Aguadilla
May 24, 2021
Copan Industries Inc. in Aguadilla has announced an $78 million expansion of its facilities, $9 million of which will be used primarily for construction, while the remainder will be used for machinery and equipment, officials said. “This expansion will help more professionals have job opportunities, stay here and contribute to the economic development of our […]
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