The Federal Emergency Management Agency and the Central Office for Recovery, Reconstruction and Resilience, or COR3, have obligated more than $13.9 million in funds for 131 projects related to the recovery and reconstruction of Puerto Rico, they announced. The latest grants assigned on Feb. 7-20 for permanent projects are: More than $6.6 million for repairs […]
Puerto Rican transaction processing firm Evertec announced it a revenue increase of 8% to $127.2 million during the fourth quarter in 2019, and revenue growth of 7% to $487.4 million for the full year ended Dec. 31, 2019. “We’re pleased with our financial results for the year and with the advancement of our key growth […]
Six months after opening the process to select an executive director the Puerto Rico Institute of Statistics has appointed Orville M. Disdier as executive director of that entity, promoting him from the interim position he held for more than a year. The announcement was made by Statistics Institute Board Chair Arnaldo Cruz, who said he […]
The month of January ended on a negative note for Puerto Rico’s automotive industry, which reported a year-over-year drop in new vehicle sales of -18.5%. The United Automobile Importers Group reported that 6,664 new cars were sold last month, down from the 8,172 sold during January 2019. One of the segments that suffered a significant […]
Fast-food restaurant chain Burger King donated $100,000 to the American Red Cross Puerto Rico Chapter through its “Together we can Help” campaign to deliver aid to earthquake victims in the southwest region of the island. The donation is the result of the sale of symbolic “blocks” at $1 each that Burger King carried out in […]
Friends of Puerto Rico, a Washington, D.C. based nonprofit, announced its commitment with the Clinton Global Initiative by the Clinton Foundation to invest in the future of 1,000 women and girls in Puerto Rico by expanding their SEEDS program and launching AMIGAS, a new women’s entrepreneurship program. Through the commitment AMIGAS and SEEDS: Entrepreneurship for […]
Dulcinea, a concept that combines the sweet temptation for Spanish “churros” and soft-serve ice cream based on the culinary experiences of Samina Karim and Rafy Bernabe, will open April 22, 2020 as part of the El Distrito entertainment complex in Miramar. The concept, which entailed a $350,000 investment, combines the iconic tastes of Spain and […]
The iconic Pinky’s restaurant will soon be transformed into a new franchise that will be available both in Puerto Rico and abroad. This as part of an expansion strategy that will join the offers of this concept with those of Acai Express, Héctor Westerband, president of the chain announced. The first step will be the […]
The effective communication of corporate social responsibility initiatives contributes, not only to enhancing a company’s image and/or the perception of a brand, but also to developing a better relationship with its internal public (employees, suppliers, contractors) and external public (clients, general public). But what happens when that corporate social responsibility is a hollow strategy or […]
Puerto Rican nonprofit organization Make Music Happen announced the start of the registration process for the 26th educational session of the Berklee in Puerto Rico program, which will take place May 26-31 at Sacred Heart University in Santurce. “We are enthusiastic to present the program again this year, particularly after breaking the enrollment record last […]
Yauco and Guánica will be the scenarios of the “Back to Business event in the South: Economic Reinforcement,” an initiative by the Department of Economic Development and Commerce to offer small and medium-sized entrepreneurs in the southwest area the guidance and tools needed to resume their business operations after the recent earthquakes. “SMEs are an […]
Pharma Consulting Corp., a local multidisciplinary firm that offers professional validation services for the pharmaceutical industry, recently entered into strategic alliances with multinational companies Thomas Scientific and MackBick Lab, as part of its growth plans. The women-led trio of firms are looking to support each other in “paving the way for women in the entrepreneurial […]
The University of Puerto Rico recently established a collaboration agreement with the Puerto Rico Innovation and Technology Service to encourage new opportunities for the professional development of students and employees. UPR President Jorge Haddock said the agreement is the first of its kind between the college and PRITS, a government agency headed by Glorimar Ripoll-Balet, that […]
The Puerto Rico Youth Fellowship is opening the call for a second round of funding, the first in 2020, to support community activism in Puerto Rico with up to $45,000 in scholarships to continue developing and connecting a network of young leaders on the island. “The people of Puerto Rico continue to suffer the consequences […]
The MCS Expo is returning for its second consecutive year, the health insurer announced. This year’s week-long event will take place at the Plaza Las Américas mall and will be focused on physical and emotional health. There will be educational tools for managing emotions during emergency situations, such as the recent tremors that have affected […]
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