Farm Bureau supports González’s designation as agriculture secretary
April 26, 2021
Saying they “foresee a rebound in the sector” under the leadership of Agriculture Secretary-designate, Ramón González, members of the Puerto Rico Farm Bureau threw their support behind the farmer, whose confirmation hearing is scheduled for today at the Senate. During a press conference, leaders of the coffee, fishing, dairy, and family markets sectors, together with […]
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Op-Ed: Given the labor shortage, businesses face extremely complex months ahead
April 26, 2021
For decades, in Puerto Rico, only about 45% of the capable people have been employed, or actively seeking employment. Now, the structure of the pandemic aids has increased the number of qualified people, who choose to stay at home. Simultaneously, populist voices blame employers for the situation, ignoring the various causes for the problem, and […]
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NY gov’t officials deliver aid supplies to Peñuelas, Yauco
April 26, 2021
New York government officials teamed up with nonprofit organization Somos Inc. to deliver aid supplies to residents in Peñuelas and Yauco affected by the 2020 earthquakes. On April 22nd, Assemblywoman Maritza Dávila, chairwoman of the New York State Puerto Rican/Hispanic Taskforce, along with Somos Inc. nonprofit Chairman Francisco Díaz and the New York State Office […]
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FEMA awards $6.2M+ to Puerto Rico ecotourism hotspots
April 23, 2021
Environmental protection allows the population to enjoy nature, while contributing to their well-being and also indirectly promotes the creation of small business in the ecotourism industry. This positive cascade effect is how Federal Disaster Recovery Coordinator for Puerto Rico and the U.S. Virgin Islands, José Baquero Tirado, described the recent $6.2 million obligation to the Department of […]
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Agriculture Dept. creates culinary competition to promote local products
April 23, 2021
Looking to promote farming and the consumption of locally sourced food, the Agriculture Department announced the start of the “Chef Del País” competition between culinary arts students that seeks chefs-in-training to prepare innovative recipes with local products. The cook-off was created in partnership with the InterAmerican University of Puerto Rico, Ana G. Méndez, ICPR Jr. […]
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Interactive maps promote planning for Puerto Rico’s vulnerable communities
April 23, 2021
The Foundation for Puerto Rico and the Puerto Rico Housing Department unveiled the Interactive Vulnerability and Risk Maps, a digital tool that was developed as part of the nonprofit’s Whole Community Resilience Planning (WCRP) Program. With the publication of this tool, citizens will be able to see data and interactive maps that promote knowledge about […]
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USDA Puerto Rico invests nearly $100K in rural water, energy infrastructure
April 23, 2021
The U.S. Department of Agriculture is investing nearly $100,000 in three rural communities in Puerto Rico, Luis R. García, acting state director for the local agency, announced. “These investments will benefit three rural communities in the municipalities of Adjuntas, Aguada and Fajardo,” García said. “The investments we’re announcing today show how the Biden-Harris Administration has […]
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Caribbean Produce donates $25K to restore San Patricio State Forest
April 23, 2021
Consumer products and fresh food distribution company Caribbean Produce Exchange Inc. responded to the call from the United Way to collaborate in the restoration of the San Patricio State Forest, for which it donated $25,000. The project included the reopening of sidewalks so that families can spend time outside. “We’re very satisfied to be able […]
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OFG Bancorp reports $127.7M in 1Q21 revenue, benefits on loan originations
April 22, 2021
OFG Bancorp, the financial holding company for Oriental Bank, reported results for the first quarter ended March 31, 2021, which reflected $127.7 million in revenue, a slight drop when compared to $132.8 million reported for the fourth quarter of 2020. The financial institution explained that the last quarter of 2020 benefited from $3.9 million in […]
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Earth Day ’21 marked by cross-sector effort to better Puerto Rico, the planet
April 22, 2021
Today, as the world observes the annual Earth Day celebration — under the “Restore Our Earth” motto — a cross-sector of industries have stepped forward to show their commitment to a better Puerto Rico and planet. Restoring the planet encompasses ongoing individual and collective efforts to achieve results in the short-, middle-, and long-term. It […]
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Puerto Rico Legal Aid unveils tech tool to identify level of risk of foreclosure
April 22, 2021
In anticipation of its upcoming “Having a roof is a right: Common power against executions and evictions” virtual meeting, Puerto Rico Legal Aid (ALPR, in Spanish) announced the creation of a technological tool that allows identifying the level of risk of a foreclosure, the organization’s Executive Director Ariadna Michelle Godreau-Aubert announced. The virtual event will […]
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Puerto Rico Dept. of Labor gets $301K from federal counterpart to put people back to work
April 22, 2021
The Puerto Rico Department of Labor has been assigned a little more than $301,000 from the U.S. Department of Labor to run its Reemployment Services and Eligibility Assessments (RESEA) programs. The assignment is included in a total $146 million assigned to workforce agencies in 48 states, Puerto Rico, the U.S. Virgin Islands and the District […]
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Puerto Rico Sales and Marketing Executives Assoc. marks 70th anniversary
April 22, 2021
The Puerto Rico Sales and Marketing Executives Association (SME) announced the celebration of its 70th anniversary under the slogan “Advancing our industry through our members’ success’.” Anniversary activities include free educational conferences and discussions, as well as offers throughout the year. The professional trade group will host the first of three keynote conferences of its […]
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Gov’t revenue collections for February beat forecast by $110.4M
April 21, 2021
Net income to Puerto Rico’s General Fund shored up in February, the eighth month of the fiscal year, totaled $714.8 million, Treasury Department Secretary Francisco Parés confirmed. The official added that collections accrued through February totaled $6.8 billion, or $122.5 million more than the same period in fiscal year 2020, when collections reached $6.6 billion. […]
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COR3 disbursements for municipal permanent works up 26% Y-O-Y in 1Q21
April 21, 2021
The Central Office of Recovery, Reconstruction and Resiliency (COR3) confirmed that disbursements to municipalities under the permanent works categories and participants of the Federal Emergency Management Agency’s (FEMA) Public Assistance Program reflected a 26% year-over-year increase during the first quarter, versus the same period in 2020. Agency Executive Director Manuel A. Laboy said that some […]
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