Puerto Rico’s 18-and younger population drops 36% in past decade
June 26, 2020
During the decade spanning 2010 to 2019, Puerto Rico’s population under 18 years of age reflected a drop of 324,293 residents, representing 36% decrease. As of July 1, 2010, this population was 897,024, nine years later in 2019 it is estimated at 572,731, according to the U.S. the Census Bureau’s most recent annual population estimates […]
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83 youth entrepreneurs launch 25 businesses through SEEDS program
June 26, 2020
Friends of Puerto Rico, a nonprofit that supports the economic development through entrepreneurship education, will host, the graduation of the first cohort of the SEEDS youth entrepreneurship program on July 30, representatives announced. SEEDS is an afterschool program that is done in partnership with Instituto Nueva Escuela. Together, both organizations will graduate 83 youth entrepreneurs […]
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Hyatt Place, Hyatt House hotels to reopen July 1
June 26, 2020
The Hyatt Place San Juan, Bayamón and Manatí hotels, as well as the Hyatt House in San Juan, will start to receive guests on July 1, implementing security measures against the spread of COVID-19 and offers for Puerto Rico residents, said Francisco Mariani, manager of Hyatt in Puerto Rico. “The safety of our guests and […]
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MIDA poll reveals 85% of Puerto Rico consumers spent more during lockdown
June 25, 2020
A study by the Chamber of Marketing, Industry and Food Distribution (MIDA, in Spanish) confirmed what was a broadly felt perception among consumers: they spent more on their purchases during the three-month lockdown in Puerto Rico. The results of the “Behind the mask…a Consumer X-Ray 2020” study show that 85% of consumers who participated in […]
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FEMA assigns $9.5M to Puerto Rico Dept. of Transportation to replace signs
June 25, 2020
The Federal Emergency Management Agency announced an obligation of more than $9.5 million to the Puerto Rico Department of Transportation and Public Works to replace signs on 238 roads covering approximately 496 miles in the Aguadilla, Arecibo and San Juan regions. Some 890,000 residents comprising much of the northern and western region of the island […]
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Puerto Rico’s 1st Duck Donuts store opens in Bayamón
June 25, 2020
Pennsylvania-based Duck Donuts announced the opening of its first Puerto Rico franchise store located in Plaza Río Hondo in Bayamón. This store is the first of three Duck Donuts franchise locations planned for Puerto Rico, in partnership with local entrepreneurs Jorge Ramos, Juan Carlos Piñero, and Delmarie Ayala over the next three years. This media […]
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pre18 in ‘final stretch’ of application period for 3rd cohort
June 25, 2020
The pre18 program, one of the entrepreneurship support initiatives of the Puerto Rico Science, Technology and Research Trust, announced its traditional Applicathon: individualized sessions to help businesses complete the pre18 application. The event will take place virtually on June 26-27 and July 3-4 from 9 a.m. to 3 p.m. Participants will have 30 minutes to […]
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Mall operators want to ‘return to normal’ on July 1
June 25, 2020
Three weeks after opening their doors following the COVID-19 lockdown, shopping centers say the industry is ready to resume regular operations starting July 1. In a statement, the Puerto Rico Shopping Centers Association said they want the governmentto allow them to go back to operating without limiting the customer traffic, open valet parking and the […]
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Pinky’s opens new store in Condado, more locations in pipeline
June 25, 2020
Pink’s restaurant has officially opened a new location on Ashford Ave. in the Condado sector of San Juan, at an investment of more than $150,000, company officials announced. This store joins another operating on Loíza Street and is one of several more locations planned in coming months, said Héctor Westerband, co-owner and operator of the […]
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CBP San Juan seizes $1.2M in fake designer pendants and jewelry
June 25, 2020
U.S. Customs and Border Protection (CBP) San Juan Field Operations announced the seizure of counterfeit designer pendants and jewelry imported into Puerto Rico from Hong Kong via air courier. The estimated manufacturer suggested retail price of all the counterfeit products seized is approximately $1.2 million, had the goods been genuine, the agency said. “Consumers […]
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Sam’s Club Puerto Rico unveils new delivery service with partner Pick My Stuff
June 25, 2020
Sam’s Club Puerto Rico this week launched a new delivery service to homes or businesses through an alliance with local company Pick My Stuff, expanding the options it offers its members to make their warehouse purchases. “Now our members don’t have to leave their homes or businesses to buy the products they need, since through […]
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Banco Popular’s digital platform reaches 1M users ahead of schedule
June 24, 2020
Banco Popular, Puerto Rico’s largest bank, confirmed that its “Mi Banco” digital platform has reached one million monthly active users, about six months ahead of schedule, officials said. The bank, which invests about $6 million a year to improve its digital offering, said more than 70% of all Banco Popular customers have enrolled in “Mi […]
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Ticketera integrates physical distancing in its event ticket sales platform
June 24, 2020
Event ticket sales platform, Ticketera, announced it has updated its service to comply with the physical distance regulations that will be required for the restart of mass events in Puerto Rico. In doing so, it becomes the first Puerto Rican company offering the technology that will place seats with the predetermined distance to address the […]
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FirstBank helps 11 nonprofits thru its ‘Corazones de Primera’ initiative
June 24, 2020
FirstBank announced the start of its “Corazones de Primera” initiative to support services provided by of 11 nonprofit organizations across the island, which have been able to continue operating and helping communities during the pandemic. Through the initiative, FirstBank will assist Asesores Financieros Comunitarios; Banco de Alimentos; Boys & Girls Clubs of Puerto Rico; American […]
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Bayer Puerto Rico, Sor Isolina Ferré Centers team up for donations
June 24, 2020
Bayer Puerto Rico joined the Sor Isolina Ferré Centers to support the nonprofit’s participation in the U.S. Department of Agriculture’s “Farmers to Families Food Box Program,” by donating 1,000 face masks and 1,861 over-the-counter medications. The items were distributed with the USDA food boxes in several communities in the town of Juana Díaz. The Food […]
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