InterAmerican University to dole out $29.5M to students
May 7, 2020
The InterAmerican University of Puerto Rico is distributing $29.6 million to students in financial assistance provided through the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the college’s President Manuel J. Fernós announced. The CARES Act assigns emergency financial aid to each eligible college student actively enrolled in a face-to-face program at the time of […]
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Passenger traffic at Luis Muñoz Marín Int’l Airport down 94.5% in April
May 7, 2020
Grupo Aeroportuario del Sureste, known as ASUR and whose subsidiary, Aerostar, operates the Luis Muñoz Marín International Airport, confirmed that passenger traffic dropped 94.5% in Puerto Rico in April, reflecting the direct blow from the COVID-19 pandemic. The year-over-year drop is in line with ASUR’s other airports in Mexico and Colombia, which showed a combined […]
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FEMA OKs 552 project obligations worth $95.4M in Puerto Rico
May 6, 2020
The Federal Emergency Management Agency and the Central Office for Recovery, Reconstruction and Resilience, or COR3, obligated roughly $95.4 million for 552 projects during April – more than the total number of projects approved between the months of January and September 2019 combined, they confirmed. Municipalities across the island received the bulk of these obligations […]
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Puerto Rico taxis, public carriers get green light to offer delivery service
May 6, 2020
Taxi drivers and public carriers have been given the green light to make light cargo deliveries, and strike agreements with different businesses— including mobile applications — to conduct such activities, Bureau of Transportation and Other Public Services president Luis D. García-Fraga announced. The agency issued notice XIV-2020 to establish the process through which taxi drivers […]
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3 entities commit to mitigate spread of mosquito-borne diseases during COVID-19
May 6, 2020
The Communities Organized for the Prevention of Arboviruses, or the COPA project, is actively pursuing its efforts to organize and mobilize communities in 38 areas of Ponce to identify, prevent, and control mosquito-borne diseases, mainly dengue, during the COVID-19 crisis, organizers said. Although COVID-19 is a respiratory illness that is not spread by mosquitoes, mosquito-borne […]
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Facing lawsuit, HCOA Fitness says it has canceled 1.6K memberships in Puerto Rico
May 6, 2020
HCOA Fitness, which on Tuesday was hit with a lawsuit by members claiming the chain had continued to charge membership fees during the lock-down, said it has continued to “expedite the freezing or cancellation of memberships.” Rick Bouza, president of the 14-gym chain, said since the government mandated the closure of businesses on the island […]
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COVID-19 Clinical Laboratory Working Group to oversee 1K molecular tests a day
May 6, 2020
Recognizing the scarcity of molecular testing on the island and with the concern that the number of tests needs to be increased to lessen the effects of the COVID-19 pandemic, the Puerto Rico Science, Technology and Research Trust and its Puerto Rico Public Health Trust program have joined forces with CienciaPR, Yale University, and a […]
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Triple-S launches COVID-19 epidemiologic study on staff, their families
May 6, 2020
Triple-S announced it will carry out an epidemiologic study among its employees and their family members to contribute to COVID-19 data available in Puerto Rico. “As a leading company in the field of health, our responsibility goes beyond providing access to quality services and protecting our members and employees. We also feel responsible for contributing […]
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Popular Inc. subsidiaries in P.R., U.S. mainland approve $1.2B in SBA loans
May 5, 2020
Popular Inc. announced that as of May 1st, it had processed more than $1.2 billion in loans under the second round of the U.S. Small Business Administration’s Paycheck Protection Program. The loans have benefited 16,397 small- and medium-sized businesses that employ more than 235,000 people, the bank said. Of the total, $1.05 billion were granted […]
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Foundation for P.R. launches new digital tool to strengthen vulnerable communities
May 5, 2020
Foundation for Puerto Rico, in collaboration with the Puerto Rico Housing Department, unveiled the Social Capital Interactive Maps, a new digital tool that it developed as part of its Whole Community Resilience Planning Program. This pilot platform allows citizens to visualize data and interactive maps that contribute to improving planning, promoting economic development and resilience […]
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Private sector, federal government appoint new executives
May 5, 2020
This edition of Climbing the Corporate Ladder includes executive appointments at the Bravo Family Foundation, the U.S. Small Business Administration, MCS, StoneMor and AON. Bravo Family Foundation names new executive directorBravo Family Foundation announced the appointment of Blanca Santos as its new executive director. Santos, who has more than 24 years of experience working in […]
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Crossco invests $200K to switch production to alcohol, hand sanitizer
May 5, 2020
Crossco, the flagship brand sold by Max Chemicals, has adjusted its production line to produce 70% alcohol and hand Sanitizer to help in the local fight against COVID-19, after investing $200,000 to retrofit its facilities in Río Piedras. With a total of seven production lines and its 50 employees, Crossco made the necessary changes to […]
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American Airlines to require the use of face masks starting May 11
May 5, 2020
American Airlines will require all customers traveling to wear a face covering, or mask, while on board the aircraft starting May 11. This new requirement is part of the airline’s “ongoing commitment to prioritizing customer and team member well-being in response to the coronavirus (COVID-19) pandemic,” it said in a statement. Earlier this week, American […]
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L’Oréal Caribe donates COVID-19 protection equipment in Puerto Rico
May 5, 2020
L’Oréal Caribe, the local subsidiary of L’Oréal SA is providing health professionals at hospitals and healthcare centers in Puerto Rico handling the COVID-19 crisis with individual protection equipment as well as health and hygiene items for hair and skin from its portfolio of global brands. The individual protection equipment consists of masks, gloves and gowns […]
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Demand for industrial warehouse space remains high during COVID-19 emergency
May 4, 2020
The COVID-19 pandemic that brought most of Puerto Rico’s economic activity to a screeching halt in mid-March has created a very specific niche for industrial warehouse operators, which are providing much-needed square footage to emergency response companies. Demand for short-term leases — from three months to a year — for warehouse space to store specific […]
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