Triple-S Management Corp. has received 45 earthquake-related claims and expects losses of approximately $8.5 million to its property and casualty line of business, company CEO Bobby García confirmed upon revealing the latest quarterly results. In a call with analysts to discuss the fourth quarter results, García said the numbers for its Triple-S Propiedad division breaks […]
Sangria lovers are about to get a taste of a new line of the popular cocktail, St.Gria, produced by a husband and wife team that have concocted three unique flavor combinations that blend fresh juices, teas and spices. The first batch of the St.Gría line, which has been in the development and tasting stage for […]
Thirteen out of the 17 Community Resilience Centers developed by Mercy Corps with the sponsorship of Walmart Puerto Rico, met for the first time over the weekend to celebrate achievements, share learnings and continue preparing for the possibility of a future natural disaster while leveraging on their assets to develop their local economy. The Resilience […]
The Puerto Rico Chapter of the Associated General Contractors of America (AGCPR) recently presented its Board of Directors for 2020, chaired by Umberto J. Donato. In his inauguration message to members and top government officials, Donato unveiled the trade group’s work plan for 2020, which focuses on disaster recovery and reconstruction-related initiatives and projects after […]
U.S. Census Bureau surveyors will begin visiting Puerto Rico homes starting Mar. 15, inviting residents to participate in the assessment that takes place every 10 years, said Jeff Behler, director of the U.S. Census Bureau’s New York Regional Office. During a joint press conference with the Puerto Rico Institute of Statistics, he said during the […]
Accelerator program for emerging companies, Perspectivas Globales in Mayagüez, has opened the call for Puerto Rican entrepreneurs and technologists to participate in its 2020 New Startup Competition, which will grant $100,000 in seed funding for a new company to be founded by the competition’s winners. During the competition, participants will begin to define what their […]
Puerto Rico Manufacturing Extension Inc. (PRiMEX) launched its “Smart Talent” — Certification: Talent management and development program to develop a new approach for local entrepreneurs to effectively attract, retain and engage talent. Through the systemic approach to certification, the participant will be able to gain the ability to manage their talents, impacting their business either […]
Sacred Heart University, in partnership with the Massachusetts Institute of Technology (MIT), will offer a pre-college program for high school students interested in pursuing a career in science, technology, engineering, and math (STEM), with an emphasis on neuroscience, the universities announced. The program is aimed at public and private school students with a minimum GPA […]
Being at the top of global trends in economics and politics, and raising awareness about the importance of accelerating strategic collaborations to be relevant, were some of the aspects that were discussed during the first Meritas summit held in Puerto Rico, the main global alliance of firms of independent lawyers who work collaboratively to provide […]
The Federal Emergency Management Agency and the Central Office for recovery, Reconstruction and Resilience, or COR3, obligated more than $44 million for recovery efforts related to Hurricane María. Among the nine projects that were obligated are those for the Puerto Rico Department of Transportation and Public Works (DTOP, in Spanish), the University of Puerto Rico […]
Puerto Rican company 2Go Storage, a division of Empresas Massó, unveiled its modular classroom concept in San Lorenzo, which use customized containers for modular construction. Each customized, fully equipped unit can cost about $30,000, said Gildo Massó-Ortiz, responsible for the 2Go Storage project. He said the cost is about 15% lower than existing alternatives. The […]
A year and a half after starting operations at the Ernesto Ramos Antonini housing project, integrated services project Vimenti by Boys & Girls Clubs of Puerto Rico presented results from its three program areas: educational, social and economic development. In addition, the organization presented challenges and lessons learned in a study financed by the Walton Family Foundation of three main areas: […]
Island communities from the Pacific to the Caribbean are facing the climate crisis head on and uniting to share practices, resources, and identify ways to strengthen national policies and funding to support their efforts. At the second “Climate Strong Islands Dialogue” taking place in Puerto Rico this week, nonprofits, foundations, universities, and private sector discussed […]
The global auto industry has taken a hit in recent years. For example, 2019 was considered to the worst year for the auto industry ever since the global economic recession of 2008. According to a study, there was a 4.4% slump for the industry in 2019, and forecasts for 2020 suggest a 0.3% downturn. However, things […]
The Puerto Rico Fiscal Agency and Financial Advisory Authority announced it issued a Request for Proposals seeking a firm that will provide consulting services to the Puerto Rico Gaming Commission. The scope of work of the services to be provided include, primarily, assisting the Commission in the drafting of the regulations governing the operations, and […]
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