Puerto Rico Tourism Co. contributes $68K to reopen Camuy Caves attraction
October 29, 2020
The Puerto Rico Tourism Co. and the Department of Natural and Environmental Resources signed an agreement to speed up the reopening of the iconic Río Camuy Caves Park, which has been closed since Hurricane María hit in 2017. Through the agreement, the Tourism Co. assigned $68,000 in materials and equipment needed to recondition the attraction […]
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Nonprofits partner to create $2.4M tourism education scholarship fund
October 29, 2020
The Kinesis Foundation announced its alliance with the Scholarship Foundation for Hospitality and Tourism Studies Inc., to create and run the Hospitality and Gastronomy Studies Scholarship Fund, which has $2.4 million available. The Hospitality and Gastronomy Studies Scholarship Fund will grant scholarships, financial assistance, and incentives to Puerto Rican students with limited resources who are […]
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Economists rank gubernatorial candidates’ fiscal platforms
October 28, 2020
The economic platforms presented by the candidates running for governor of the island “leave much to be desired,” Alba Brugueras-Fabre, president of the Puerto Rico Economists Association (AEPR, in Spanish) said, after evaluating each of the plans. In a report, the professional association said the platforms of the six candidates: “are reduced to a list of […]
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Independence Party’s Dalmau says Puerto Rico ‘ready for a transformation’
October 28, 2020
Juan Dalmau, the candidate running for governor under the Puerto Rican Independence Party (PIP, in Spanish), insists the island is ready for a “transformation” related to who gets to run the island. As part of his strategy, he released his “Patria Nueva” political platform on his website before any other candidate in the gubernatorial race that will […]
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Lúgaro envisions ‘eco-friendly and modern economy’ for Puerto Rico
October 28, 2020
As the 2020 elections approach, the candidates running for governor of Puerto Rico have revealed their political platforms, which in the case of Alexandra Lúgaro of the Movimiento Victoria Ciudadana (MVC), dedicates two chapters to the economy. In them she states from the start that she envisions creating systems favorable to nature, therefore, “efficient and dynamic.” […]
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DoorDash launches $0 delivery fee strategy across Puerto Rico
October 28, 2020
Delivery platform DoorDash is implementing $0 delivery fee in Puerto Rico, where it believes the economy has been more affected by the COVID-19 pandemic, compared to the U.S. mainland, said Roberto Figueroa, general manager of the company on the island. This will apply to existing and new customers on the platform. With a recent funding […]
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Local entrepreneurs launch MyCloudMenu tech for contactless service
October 28, 2020
Looking to provide a safe experience to customers, three marketing and technology experts launched MyCloudMenu, an interface that enables the consumer to build a cart using their mobile device, select a time of pick-up and pay a business with ATH Movil, minimizing the physical contact and risks. “We all have a responsibility to protect ourselves […]
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Puerto Rico Treasury Department unveils online appointment system
October 28, 2020
The Puerto Rico Treasury Department unveiled a new online appointment system through which taxpayers can schedule time with the agency and conduct their transactions at a given date. “With great satisfaction I announce that we already have our online appointment system available to continue serving the needs of taxpayers in an agile and safe manner, […]
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Tropizen launches new cannabis-infused fruit chewables
October 27, 2020
After months of planning, Tropizen announced the start of the production of Puerto Rico’s first cannabis-infused fruit chewables, as part of its ongoing partnership with U.S. multi-state cannabis and hemp operator MariMed. The company will also manufacture a new cannabis infused chewable tablet. “We’ve seen Puerto Rico’s medical cannabis market evolve and grow exponentially. Patients are […]
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Delgado proposes STEM-based Project 3i as basis of economic plan
October 27, 2020
Popular Democratic Party gubernatorial candidate Carlos “Charlie” Delgado-Altieri wants to transform Puerto Rico’s economy based on Science, Technology, Engineering and Mathematics (STEM) through a proposal he calls Project 3i. This project consists on establishing a scientific business ecosystem that can allow developed ideas to manufacture and market locally. The plan will promote education in these […]
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NRCS delivers emergency conservation assistance, healthier natural resources in ’20
October 27, 2020
In 2020, USDA’s Natural Resources Conservation Service (NRCS) continued its tradition of working in partnership with farmers, ranchers, and forest landowners in the Caribbean area — Puerto Rico and the U.S. Virgin Islands — despite hardships from earthquakes to COVID-19 to tropical storms. “Our data and science-based surveys of our work show that we and […]
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Oriental CEO: Puerto Rico seeing ‘beginnings of an economic rebound’
October 26, 2020
Puerto Rico is starting to see the “beginnings of an economic rebound,” as the effects of the influx of federal economic aid and the possibility of the return of pharmaceutical companies are putting the island in a better position heading forward. That optimism is there for José Rafael Fernández, CEO of OFG Bancorp, the financial […]
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FEMA allocates $15M to repair athletic facilities in Puerto Rico
October 23, 2020
Puerto Rico’s most iconic sporting venues will soon begin to undergo structural repairs through a $15 million allocation from the Federal Emergency Management Agency, the agency announced. The Roberto Clemente Coliseum, Sixto Escobar Park, the Pedrín Zorrilla Coliseum, the San Juan Natatorium, the Baldrich Club tennis courts and the Dr. José Celso Barbosa Park will […]
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SBA urges Puerto Rico businesses, residents to apply for disaster loans by Nov. 9
October 23, 2020
The U.S. Small Business Administration is encouraging Puerto Rico businesses and residents affected by Tropical Storm Isaias in July 2020 to submit their loan application for physical damages by Nov. 9, even if they have not settled with their insurance company. “Waiting to file an SBA application could cause unnecessary delays in receiving disaster assistance, […]
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MCS invests $350K to expand Carolina offices
October 23, 2020
Medical Card System announced an investment of close to $350,000 to expand and renovate its customer service center in Carolina, adding about 50 direct jobs and providing access to healthcare services for insureds of the municipality, and neighboring towns. “At this historic moment, MCS is working hard to deliver all the services our insureds need, […]
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