FirstBank, NY Fed grant $240K to 40 small biz, nonprofits in Puerto Rico/USVI
July 16, 2020
The coronavirus pandemic has had a significant impact on people’s health and the economy, with small business owners and nonprofits being the most affected sectors. To continue to support these groups, FirstBank, in conjunction with the Federal Home Loan Bank of New York (FHLBNY), announced that they will be granting $240,000 to 40 entities in […]
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Better Business Bureau to open Puerto Rico office
July 16, 2020
The Better Business Bureau (BBB), a nonprofit organization that monitors relations between consumers and companies, will establish itself in Puerto Rico “to create strategic alliances and promote ethics, transparency and trust among the business community,” it announced. “These alliances will be seen more frequently in Puerto Rico, since the Better Business Bureau will strengthen professional […]
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Statistics Institute says only 25% of Puerto Ricans have completed Census
July 16, 2020
As of July 13, only 25% of homes in Puerto Rico had filled out the 2020 Census, the Puerto Rico Institute of Statistics confirmed. This percentage places Puerto Rico in the lowest response position in relation to other jurisdictions, the agency said. In addition, it indicates that Puerto Rico is 29 percentage points below its […]
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FEMA assigns $14M for 74 recovery projects in Puerto Rico
July 15, 2020
The Federal Emergency Management Agency and the Puerto Rico Central Office for Recovery, Reconstruction and Resilience, or COR3, announced the obligation of more than $14 million in additional grants for 74 projects related to the recovery and reconstruction of Puerto Rico after Hurricane María. Of these funds granted July 3-9, 65 allocations will go toward […]
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Ports Authority announces $790K upgrade to Ponce airport
July 15, 2020
The Puerto Rico Ports Authority announced the start of a $790,000 project that expands the capacity of the waiting room at the Mercedita International Airport in Ponce. Ports is floating 100% of the investment, agency Executive Director Joel Pizá-Batiz said. “To improve the level of service to the airlines and passengers that use this facility, […]
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Puerto Rico new car sales grow slightly Y-O-Y in June
July 15, 2020
The United Automobile Importers Group, known as GUIA in Spanish, confirmed that Puerto Rico’s new car sales grew slightly in June, breaking with several months of negative results The sector reported 10,635 units sold in contrast to sales for the same month last year of 10,158, representing a slight increase of 4.7%. However, so far […]
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Nonprofits join to collect data on Puerto Rico’s special needs adult population
July 15, 2020
Given the scarcity of updated data on the population of adults with intellectual disabilities in Puerto Rico, these citizens face the lack of accessible services, supportive community homes, and job opportunities. Likewise, the organizations that provide aid and services to this population lose access to economic funds to continue their programs. For that reason, more […]
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LUMA Energy to launch Technical Training College in Puerto Rico
July 15, 2020
LUMA Energy, the consortium recently chosen to run the Puerto Rico Electric Power Authority’s transmission and distribution grid, announced the start of construction of its of Technical Training College to offer “customized curriculum and hands-on training to its utility workers and the next generation of Puerto Rico’s skilled workforce.” The LUMA training facility will be […]
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Bayer Crop Science Puerto Rico donates 15K lbs. of agricultural products
July 15, 2020
As part of its commitment to the island’s southern region, Bayer Crop Science Puerto Rico recently delivered 600 boxes of produce to Bayer employees, residents of the Las Ollas community in Santa Isabel, residents of the Santi community in Juana Díaz, and the Citizen Aid Office of the Municipality of Juana Díaz. The company procured […]
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Puerto Rico’s Save a Sato President, Marti, wins $60K Petco Foundation grants
July 14, 2020
Gloria Marti, president of Save a Sato in Puerto Rico, won this year’s “National Unsung Hero” award from the Petco Foundation and Victoria Stilwell Positively, receiving a $50,000 grant award to support her work to help pets in Puerto Rico. Marti and her team at Save a Sato in San Juan have served the community […]
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Op-Ed: Changes and opportunities in Puerto Rico’s online tutoring business
July 14, 2020
It was March 14, 2020, when I first heard the news about an imminent lockdown for Puerto Rico. My first thoughts were my family and my tutoring business that had been open for only one month. My family’s health? My students? My income? Now what? With sadness and, at the same time with enthusiasm. I […]
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O’Reilly Auto Parts opening 1st store in Puerto Rico
July 13, 2020
Missouri-based auto parts retailer O’Reilly Auto Parts is opening its first store in Puerto Rico, on Route 2 in Hatillo, this media outlet learned. The store is in close proximity to two other auto parts stores that it would be competing against: Pep Boys and Advance Auto Parts. News is my Business reached out to […]
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CBP San Juan seizes 201 fake designer wallets, luxury watch
July 13, 2020
U.S. Customs and Border Protection San Juan Field Operations announced the seizure of 201 counterfeit designer wallets in a parcel box coming from Hong Kong via air courier. Another package had a luxury watch. The estimated manufacturer suggested retail price of the seized wallets is about $140,000, and $120,000 for the watch, had the goods been genuine, […]
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Medical cannabis company Tropizen relaunches edibles line
July 13, 2020
Tropizen, a licensed cultivator and manufacturer of medical cannabis products, announced the relaunch of its line of cannabis gummies, incorporating new products, ingredients, branding and packaging, along with improved flavors. The new cannabis infused gummies, manufactured in the company’s facilities located in the municipality of Canóvanas, feature updated product formulas with added all natural ingredients […]
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Entrepreneurs to open 15 Mr. Jeff laundry service locations in Puerto Rico
July 10, 2020
A group of Puerto Rican entrepreneurs announced the arrival to the island of Mr. Jeff, a home delivery laundry service franchise originated in Spain, with the first four of 15 planned locations already open for business. The Spanish startup currently has a presence in more than 27 countries around the world with more than 2,000 […]
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