Ponce Health Sciences University breaks ground on new $72M campus
September 10, 2020
Ponce Health Sciences University announced the start of the first phase of construction of its new $72 million campus, which will feature multiple study options, laboratories, a 700-seat amphitheater and technology rooms that will promote modern education. Upon completion, PHSU will reportedly become the largest private medical school in Puerto Rico, and will increase the […]
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Puerto Rico Retailers Assoc.: Gov’t, employees have lost $203M during Sunday closings
September 10, 2020
The Puerto Rico Retailers Association (ACDET, in Spanish) again asked Gov. Wanda Vázquez to allow businesses to fully reopen on Sundays, saying losses experienced by workers and the government related to the protracted inactivity are already estimated at $203 million. The closing of some 7,296 retail businesses for some 20 Sundays — in accordance with […]
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PRHTA asks gov’t to allow reopening of recreational, entertainment activities
September 10, 2020
The Puerto Rico Hotel & Tourism Association is urging Gov. Wanda Vázquez to allow expanded tourism-related activities in the next executive order to enable “thousands of employees to return to their workplaces and in this way start moving the economy.” During a news conference, members of the island’s hotel sector called for the opening of […]
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U.S. House Judiciary Committee approves ‘Puerto Rico Recovery Accuracy in Disclosures Act’
September 10, 2020
The U.S. House Judiciary Committee approved legislation authored by Rep. Nydia M. Velázquez (D-NY) aimed at extending to firms working on Puerto Rico’s debt restructuring the same disclosure requirements that apply to companies involved in other bankruptcies. The bill, H.R. 683, is meant to address instances where companies consulting for Financial Oversight and Management Board for Puerto […]
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Sales and Marketing Executives Assoc. opens call for excellence awards
September 10, 2020
The Puerto Rico Sales and Marketing Executives Association (SME, in Spanish) is encouraging brands to participate in the call for the 2020 Marketing Excellence Awards, confirming that the nomination process is online and runs until Sept. 18, 2020. The marketing teams from companies, as well as advertising, digital, public relations or promotions agencies, can nominate […]
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Aeronet wins 224 3.5GHz licenses from FCC, following $11M investment
September 9, 2020
High-speed business internet service provider AeroNet announced that following an investment of more than $11 million, it won 224 3.5 GHz mid-band spectrum licenses through a Federal Communications Commission auction. The licenses cover more than 80% of Puerto Rico, company officials said. AeroNet, one of the top winners at the auction, aims to “continue its […]
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Casinos, restaurants ask gov’t to ease pandemic restrictions
September 9, 2020
As the current Executive Order in place by the government imposing restrictions on the population and businesses is set to expire on Friday, representatives from Puerto Rico’s casino and restaurant industries have asked for an easing up of conditions they say are putting operations and employees at risk. During a news conference, casino industry executives […]
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Food Bank of Puerto Rico launches 7 initiatives under ‘Mobile Pantry’ program
September 9, 2020
The Food Bank of Puerto Rico will launch seven simultaneous projects under the “Mobile Pantry” program, which runs from this month through April 2021. The social action projects will directly benefit 5,520 people suffering from food insecurity and will give continuity to the campaign “Zero Hunger Puerto Rico” to raise local awareness against hunger, the […]
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Op-Ed: Contracts instead of aid being distributed with funds to combat COVID-19
September 9, 2020
The irregularities which characterized the deficient government response to the consequences of Hurricane María in 2017 should have been sufficient warning to public administrators about the need to establish strict protocols and scrutiny regarding the use of emergency funds. But three years later, neglect, lack of transparency and shady deals remain the norm amid the […]
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Evertec, Piloto 151 launch ‘Tech Guru Talks’ to empower tech community
September 9, 2020
Tech firm Evertec announced today the launch of “Tech Guru Talks,” a series of educational sessions created in alliance with Piloto 151 to empower the technology and developer community in Puerto Rico and Latin America. The talks are free and feature world-class speakers moderated by Seriously Creative. “At Evertec we believe that technology unleashes the […]
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Traffic down 62.9% in Aug. at Puerto Rico’s LMM; New Lost & Found service unveiled
September 9, 2020
Passenger traffic at the Luis Muñoz Marín International Airport was down 62.9% year-over-year in August, when 302,237 people used the facility, its private operator ASUR confirmed. ASUR, whose Aerostar subsidiary runs the LMM, also revealed that year-to-date, passenger traffic registered in Puerto Rico’s main commercial airline traffic hub is down 50.7%, due to restrictions imposed […]
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DDEC picks 3 candidates for PROtech project in Yabucoa
September 8, 2020
The Department of Economic Development and Commerce (DDEC, in Spanish) announced the completion of the Request for Qualifications application process to develop the proposed $300 million Puerto Rico Ocean Technology Complex (PROTech) in Yabucoa. As a result, three companies — WSP USA Building, Inc./Marvel Marchand, Agru America, and Energy Center Cajuhu, LLC — have been […]
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Gov’t assigns $20M to Puerto Rico 511 social wellness, education organizations
September 7, 2020
Gov. Wanda Vázquez signed Joint Resolution 737 to assign $20 million to semi-public, public and private entities and institutions whose activities or services tend to the development of programs and social welfare, health, education, culture and to improve the quality of life of Puerto Ricans. The funds come from the Joint Budget Resolution for fiscal […]
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Foundation for Puerto Rico distributes $80K to 22 southern area entrepreneurs
September 7, 2020
Foundation for Puerto Rico (FPR) announced it has disbursed $80,000 to 22 entrepreneurs affected by the earthquakes in the southern area to boost their businesses. As part of the initiatives established by FPR to support entrepreneurs in the southern part of the island, the organization reactivated the Small Business Support Program (SBSP) through the Puerto […]
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The Foundation Global Group bets on alliances to promote businesses during COVID-19
September 7, 2020
Two local executives from multinational companies — Carlos Rivera-Vélez and Carlos Miró — they recently launched The Foundation Global Group (TFGG), an integrated business consulting firm to provide solutions that promote business development and success throughout the U.S. mainland during the COVID-19 era and beyond. The COVID-19 pandemic has had a negative impact on thousands […]
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