Bankruptcy filings down 31.1% in Puerto Rico in September
October 6, 2020
A total of 443 petitions were filed at the U.S. Bankruptcy Court in Puerto Rico during the month of September, representing a 31.1% drop from the same month in 2019, according to a report released by research firm Boletín de Puerto Rico. In September 2019, the court received 629 bankruptcy cases, according to the report. […]
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CienciaPR unveils virtual collection of profiles of Latina scientists
October 6, 2020
Looking to showcase outstanding women in science, technology, engineering and mathematics (STEM) disciplines, Ciencia Puerto Rico (CienciaPR) has published the Seeds of Success Women in STEM Collection, which currently features almost 160 Puerto Rican and Latina scientists. The collection — the largest of its kind in the world, according to the nonprofit — highlights women […]
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Rising Entrepreneurs program to offer orientation on application process
October 6, 2020
The Bravo Family Foundation — a philanthropic entity founded by Puerto Rican businessman Orlando Bravo — will host a free webinar of the application process to participate in the Rising Entrepreneurs Program today at 6 p.m. The seminar will be given by Jaime Morales, managing director of the program, and the agenda includes the timeline […]
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EPA finalizes cleanup plan to address Arecibo pesticide warehouse
October 6, 2020
The U.S. Environmental Protection Agency (EPA) has finalized a cleanup plan to address contaminated soil at the Pesticide Warehouse I Superfund Site in Arecibo, the agency announced. The “Record of Decision” details cleanup work that includes removing and disposing of contaminated soil from the site to protect people’s health. “EPA’s cleanup plan will address the source […]
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Puerto Rico-based Alivia Specialty Pharmacy earns accreditation
October 6, 2020
Alivia Specialty Pharmacy announced it has earned accreditation as a specialty pharmacy from URAC, an independent nonprofit entity based in Washington, DC that provides validation to advance healthcare quality through leadership, measurement and innovation. By achieving this status, Alivia SP has “demonstrated a comprehensive commitment to quality care, improved processes and better patient outcomes,” company […]
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MIDA: Puerto Rican consumers spent 18% more on groceries this year
October 5, 2020
Puerto Rican consumers spent an average of $500 a month on groceries, or 18% more than the average $422 spent last year, the Chamber of Marketing, Industry and Food Distribution’s annual Consumer X-Ray revealed. “Spending appears to be driven by an increase in the frequency of visits to supermarkets, which registered an average of eight […]
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Free TV application now streaming in Puerto Rico
October 5, 2020
Media company Olympusat International, LLC. announced the availability of its Free TV service, an ad-supported app based on-demand video service, in Puerto Rico on internet-connected devices through Google Play Store, Apple Store, Apple’s iOS, and on the internet. “It is with a great deal of excitement that we can now say that we’re offering access to our world-class […]
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13 Puerto Rican start-ups take part in parallel18’s Gen. 8 cohort
October 5, 2020
Start-up accelerator parallel18 conducted its traditional DemoDay with a generation composed entirely of Puerto Rican companies that presented their business proposals and their achievements through the Zoom virtual platform. This is the first generation whose curriculum was entirely virtual because of the COVID-19 pandemic, the nonprofit confirmed. This cohort’s roster of participants includes: Raincoat, an […]
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Puerto Rico’s retail sales up 14.8% Y-O-Y in July, -11.4% in 1st 6 months of ’20
October 5, 2020
Puerto Rico’s retail sales increased by 14.8% in July, compared to the same month of the previous year, according to the Retail Sales Report issued by the Department of Economic Development and Commerce’s Office of Economic Analysis. Retail sales reached $2.8 billion in July, four months into the restrictions on the economy put in place […]
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ICANN names Rúa-Jovet for third term
October 5, 2020
The Internet Corporation for Assigned Names and Numbers (ICANN) 2020 Nominating Committee announced the selections for seven leadership positions, including Javier Rúa-Jovet, who is occupying a position within the organization for the third time. In this appointment, Rúa-Jovet will participate in the Country Code Names Supporting Organization (ccNSO) Council, the transnational entity that establishes policies regarding country […]
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USDA launches new, streamlined process for private lenders
October 5, 2020
The United States Department of Agriculture (USDA) is now accepting applications for the its four key loan guarantee programs under the OneRD Guarantee Loan Initiative, the agency announced. As part of a series of regulatory reforms, USDA has officially eliminated duplicative processes and has launched a common loan guarantee application for the following programs: Water […]
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Customs seizes $552K in fake designer cellphone covers, jewelry, luxury watches
October 5, 2020
U.S. Customs and Border Protection (CBP) San Juan Field Operations announced it seized various courier packages containing counterfeit designer cellphone cases, jewelry and luxury watches sent from Hong Kong. If genuine, the confiscated merchandise would have had an estimated manufacturer’s suggested retail price (MSRP) of $552,157, the agency said. CBP officers discovered the counterfeit goods […]
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MCS invests $60M to improve chronic conditions for 121K+ members in Puerto Rico
October 2, 2020
Medical Card System Inc. announced it has invested some $60 million through Oct. 1 to help improve the social determinants that affect the chronic conditions of more than 121,000 of its members. The investment includes $16 million for its “MCS Classicare Te Paga Card-The Original” initiative. The benefits of the card, which is approved by […]
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80% of Puerto Ricans looking for ‘staycations,’ Airbnb says
October 2, 2020
An analysis of the Airbnb travel platform showed that 80% of the searches that Puerto Rico residents carried out in August and September were to travel within the island. The trips will be domestic with the possibility of working from the accommodation and with a family profile, the travel platform said. Locations are chosen based […]
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Mercedita Airport’s ‘Alpha’ taxiway inaugurated after $10.7M upgrade
October 2, 2020
Puerto Rico government officials inaugurated the Alpha taxiway at the Mercedita International Airport in Ponce, following a $10.7 million renovation, Puerto Rico Ports Authority Executive Director Joel Pizá-Batiz said. The Alpha taxiway is the main access for aircraft to use to and from the runway during take-off and landing operations. Pizá Batiz said that the […]
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