The Federal Emergency Management Agency’s recent award of $1.3 million to the Puerto Rico Police seeks to address damages caused by Hurricane María to several police facilities throughout the island, the agency confirmed. This obligation pushes to $45 million the FEMA funds earmarked for repairing stations, replacing essential police equipment and video system equipment on […]
The Chairman of the Public Service Regulatory Board (JRSP, in Spanish), Edison Avilés-Deliz, announced that earlier this week, the operational offices of the Bureau of Transportation and other Public Services (NTSP, in Spanish) have moved into new headquarters at Stop 18 in Santurce. This is the same building that houses the Telecommunications Bureau’s offices. The […]
Plaza Centro 1 shopping center, owner MJS Caguas Limited Partnership, faces a $24.6 million collection and foreclosure lawsuit from U.S. Bank National Association, filed last week in the Caguas Superior Court. The lawsuit corresponds to an outstanding $28 million loan originated by Canadian Imperial Bank of Commerce in January 2011. The loan is payable on […]
The U.S. Small Business Administration’s Paycheck Protection Program has approved $283.8 million in loans in Puerto Rico and another $171.2 million in the US Virgin Islands through the week of Feb. 15, it confirmed in a report. The second round of funding began on Jan. 11, and so far, participating local credit unions and banks […]
On April 14, thousands of people will have the opportunity to join in a massive head shave and hair donation — in a virtual format — in solidarity with pediatric cancer patients and the medical and nursing staff of the Pediatric Hospital in the Río Piedras Medical Center. The “Pásate la Máquina Challenge” is a […]
An estimated 30,525 taxpayers have not received the disbursement of the $600 financial stimulus, reportedly due to errors in their bank information, Treasury Department officials said. “They must have received a message, either by email or through the platform, indicating a rejection [of the deposit] by the bank. They have to update their bank information […]
Entrepreneurs throughout Puerto Rico will have the opportunity to participate in the 13th edition of the Guayacán Venture Accelerator (GVA), the executive development program offered by Grupo Guayacán for established companies that wish to accelerate their growth. This year, the GVA program will be offered virtually, to facilitate access for participants, organizers said. The closing […]
uerto Rico’s Economic Activity Index, released by the Economic Development Bank, revealed a 6.4% year-over-year drop in December 2020, marking the 10th consecutive decline after 20 months of year-on-year increases. Agency President Luis Alemañy said the EAI reached a level of 115.7, which was essentially flat — showing a 0.3% increase — when compared to […]
Caguas Compite 2021, a free business incubation program with training and support, has opened its enrollment period for the next session that begins in March. This project, headed by the municipality’s Economic Development division, consists of 20 daytime business training workshops via video call due to the COVID-19 pandemic, and includes individualized and group mentoring, […]
To continue promoting education for the prevention of the coronavirus that causes COVID-19, the non-profit organization Ciencia Puerto Rico (CienciaPR) developed the “Aquí Nos Cuidamos Toolkit” or #AquiNosCuidamosPR. It consists of four public service campaigns with free informational and educational resources. The purpose of #AquiNosCuidamosPR is to empower vulnerable and marginalized communities in Puerto […]
The despicable word these days is…virus. There, I said it. Just mentioning the word amid the pandemic makes us stumble and hesitate for fear of catching one just by saying it. It seems viruses are everywhere in our lives Indicative is that fact that human viruses are too much like computer viruses. Or vice versa. […]
The impact of digital commerce and the new consumption patterns caused by the COVID-19 pandemic outline the agenda of the Puerto Rico Sales and Marketing Executives Association’s (SME, in Spanish) SME Sales Summit coming up on Feb. 18-19. The virtual event will mark this year’s Professionals Salespersons Week and will serve as an alternative for […]
The Federal Emergency Management Agency (FEMA) approved nearly $10.7 million to rebuild the Facundo Bueso Annex at the University of Puerto Rico for its campus in Río Piedras. The structure was demolished in 2018 since it posed a threat to the health and safety of the university community as a result of damage from Hurricane […]
Bacardí’s plant in Cataño recently earned a second Wildlife Habitat Council Certification for its newly expanded pollinator garden to attract increased numbers of butterflies, bees and bats, which are synonymous with its brand. In 2018, Bacardí received the first WHC certification ever presented to an organization in Puerto Rico. As of today, Bacardí remains the […]
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