Puerto Rico’s economy could to lose $3B-$3.9B during a month-long lockdown
March 26, 2020
Puerto Rico’s already-battered economy stands to lose between $3 billion and $3.9 billion during a month-long lockdown and as much as $10.1 billion if the period stretches to three months, according to a study released by ABEXUS Analytics. The local startup that specializes in using analytics-related technology to help businesses connect data and the performance […]
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Engineers offer gov’t task force solutions for additional hospitals
March 26, 2020
The College of Engineers and Surveyors of Puerto Rico offered the government Task Force assistance to treat and contain the effects of COVID-19 by helping to provide medical facilities quickly to meet the expected increased demand for hospital services, which has been the global challenge to deal with the virus. “It’s evident that the countries […]
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Employment rate grew 1.7% in San Juan during 3Q19
March 26, 2020
Employment in Puerto Rico’s only large county, the municipality of San Juan, increased 1.7% from September 2018 to September 2019, the U.S. Bureau of Labor Statistics confirmed. Large counties are defined as those with 2018 annual average employment of 75,000 or more. Chief Regional Economist Martin Kohli noted that in September 2019, San Juan’s employment […]
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Triple-S launches mobile app for prescriptions home delivery
March 26, 2020
Triple-S Salud announced the launch of “Triple-S at Home,” a platform that allows members of its commercial and Medicare Advantage plans to order, manage and schedule home delivery of their prescription drugs through a mobile application. The launch moved ahead of schedule in response to the COVID-19 outbreak to give members an additional option to […]
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Nonprofit Solo Por Hoy Inc. assigned $125K HUD grant
March 26, 2020
Puerto Rico-based nonprofit organization Solo Por Hoy Inc. has received a $125,000 grant from the U.S. Department of Housing and Urban Development, as part of a $40 million assignment from the agency to fair housing organizations working to confront violations of the nation’s landmark Fair Housing Act and help end housing discrimination. The grants are […]
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USDA seeks applications for grants to help repair housing in rural communities
March 26, 2020
The U.S. Department of Agriculture is seeking applications for grants to make housing repairs for low- and very-low-income rural residents. The grants are being provided through USDA’s Housing Preservation Grant program. Last year, Puerto Rico received $599,846.81 through the program, which benefited the towns of Barceloneta, Juncos, Patillas, Las Marías, Moca, Jayuya and San Sebastián, USDA […]
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Fundación Mochileando 100×35 to grant $5K each to 2 Puerto Rico start-ups
March 25, 2020
Looking to boost growing local businesses, the Fundación Mochileando 100×35, sister organization to Puerto Rico’s most far-reaching travel blog, Mochileando, launched the “Despega tus sueños” (“Let your dreams soar”) initiative, to award $5,000 to two budding entrepreneurs. Wilson Santiago, travel blogger and president of the nonprofit organization, explained that this program is relevant right now, […]
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COVID-19 spurs 1,600 temporary lay-offs at 6 Puerto Rico hotels
March 25, 2020
International Hospitality Enterprises confirmed the temporary lay-off of “a great part of its team,” estimated at about 1,600 people. IHE President José M. Suárez said, “In the face of the global crisis caused by the coronavirus, and the economic impact and uncertainty that it generates for the tourism and hospitality industry in Puerto Rico, we […]
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FEMA assigns $18.7M for recovery, including $833K for La Fortaleza repairs
March 25, 2020
The Federal Emergency Management Agency announced it has assigned another $18.7 million in funds to continue recovery efforts throughout Puerto Rico, including $832,978 to make repairs at the governor’s mansion. La Fortaleza, as the historic structure is known, will get repairs to the roof, second floor, human resource and finance offices in the Yellow Palace/Real […]
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More funding available for Puerto Rico’s micro-, small businesses
March 25, 2020
Puerto Rico Gov. Wanda Vázquez announced that the application process — online or by phone — for the Small Business Financing program, which will offer grants and loans to assist micro and small businesses in their recovery after Hurricanes Irma and María, begins today. In its initial recovery subsidy phase, SBF will grant up to […]
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Puerto Rico tech cluster postpones 7th edition of CIO & IT Leadership Conference
March 25, 2020
The Puerto Rico Information Technology Cluster announced that its decision to postpone the 7th edition of the CIO & IT Leadership Conference, which was slated for May 8 in San Juan. The PRITC’s board co-chairs, Antonio Sosa-Pascual and Juan Carlos Chipi said the organization is working on a new date to hold the event, considered […]
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WorldNet creates Remote Work Package to support Puerto Rico businesses
March 25, 2020
As part of its commitment to the island and the business sector, WorldNet Telecommunications Inc. has launched the “Remote Work Package” so that companies can have business continuity in times of crisis. Employees are able to work remotely without affecting the company’s productivity and services, WorldNet executives said. “In these difficult times we’re facing globally, […]
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FAA redirects Puerto Rico’s commercial air traffic to Luis Muñoz Marín Int’l Airport
March 24, 2020
The Federal Aviation Administration approved Gov. Wanda Vázquez’s request to redirect air traffic on the island to control the entry of possible carriers of the coronavirus COVID-19 to Puerto Rico. “We’re grateful that the FAA has granted our request. This is historic as we are the first jurisdiction to receive tools from the federal air […]
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SBA to assist Puerto Rico businesses affected by COVID-19 emergency
March 24, 2020
The U.S. Small Business Administration announced it has granted Gov. Wanda Vázquez’s request to help businesses on the island affected by the global emergency related to COVID-19. On Mar. 18, Vázquez asked the SBA for resources under the Economic Injury Disaster Loans (EIDL) program for businesses in Puerto Rico under the Robert T. Stafford Emergency Assistance […]
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PROGyn, Health Dept. launch 1st registry in U.S. of COVID-19-positive pregnant women
March 24, 2020
Puerto Rico Obstetrics and Gynecology (PROGyn) and the Puerto Rico Health Department launched the first registry of pregnant women who test positive for COVID-19 coronavirus throughout the United States and its jurisdictions, Nabal Bracero, president of the private nonprofit said. The registry is the products of Administrative Order 426, signed by Interim Health Secretary Concepción […]
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