Statistics Institute, League of Cities partner to share efforts, resources
May 22, 2020
The Puerto Rico Institute of Statistics and the Puerto Rico League of Cities signed a collaboration agreement to share efforts and resources to increase knowledge and understanding among municipal employees on statistical methodologies, data use and management. The League of Cities — represented by Executive Director Cristina M. Miranda-Palacios — is a nonprofit that unites […]
chat_bubble0 Comment
visibility1727 Views
Puerto Rico Treasury starts cutting $1,200 checks to 2018 tax return filers
May 21, 2020
The Puerto Rico Treasury Department has begun the second phase of the Economic Impact plan, which calls for sending $1,200 to taxpayers who filed their 2018 returns. Those deposits follow the disbursements to taxpayers who filed their returns for 2019, and provided their banking information to the agency. On Tuesday, the agency disbursed nearly $48 […]
chat_bubble0 Comment
visibility1463 Views
Study: COVID-19 curfew disrupts college student finances, daily life
May 21, 2020
A survey conducted by nonprofit Mentes Puertorriqueñas en Acción of 535 Puerto Rico college students confirmed many of them have experienced a financial blow from the COVID-19 pandemic and curfew. The data shows that more than two thirds of the students have seen a reduction in their income. A number of them students were unemployed, […]
chat_bubble0 Comment
visibility1458 Views
Río Piedras students win global entrepreneurship competition
May 21, 2020
A group of 13 students from the Nuestra Señora del Carmen School in Río Piedras won first place in the British English Olympics world-class competition, the BEO Challenge, after competing against another 40 schools from around the world, Sacred Heart University announced. This competition, sponsored by the Oxford International Education Group, fosters academic excellence by […]
chat_bubble0 Comment
visibility1745 Views
Pandemic demands ‘extraordinary measures’ to handle economic crisis
May 20, 2020
The economic crisis Puerto Rico is facing while in the grip of the COVID-19 pandemic requires forceful action on the part of the government and Financial Oversight and Management Board for Puerto Rico, according to nonprofit Espacios Abiertos. “When we analyze the international context and Puerto Rico’s situation in light of the economic projections contained […]
chat_bubble0 Comment
visibility1466 Views
HUD allocates $241K to assist people living with disabilities in Puerto Rico
May 20, 2020
U.S. Department of Housing and Urban Development Secretary Ben Carson announced the assignment of $241,205 to Puerto Rico, as part of nearly $77 million nationwide in a fourth wave of CARES Act funding supporting up to 8,300 additional vouchers. Funding for the island will benefit the Puerto Rico Public Housing Administration ($140,143), the Municipality of […]
chat_bubble0 Comment
visibility1704 Views
FEMA assigns $37M to 121 recovery projects in Puerto Rico
May 20, 2020
The Federal Emergency Management Agency and the Central Office for Recovery, Reconstruction and Resilience, or COR3, announced the disbursement of more than $37 million in additional funds for 121 projects approved between May 8-14. As social distancing measures continue to safeguard residents, FEMA and COR3 remain focused on prioritizing obligations of funds to municipalities for […]
chat_bubble0 Comment
visibility1489 Views
Study: Auto industry could see effects of COVID-19 for years to come
May 20, 2020
The global auto industry is facing an economic context that will affect sales processes and customer relations for years to come, according to a study by San Juan-based research firm Abexus Analytics. That trend will be no different in Puerto Rico, where new car sales have plummeted by 96% since the island went into lock-down […]
chat_bubble0 Comment
visibility2180 Views
Op-Ed: The moment to prepare for a hurricane season during a pandemic is now
May 20, 2020
With less than two weeks to go before the next hurricane season, we must inevitably ask ourselves, are we ready to cope with the continuing consequences of Hurricane María, the challenges of the recent earthquakes in the South, a pandemic, and the possible impact of a hurricane in the coming months? Strong emotions can surface […]
chat_bubble0 Comment
visibility1513 Views
MLB players join Food Bank of Puerto Rico to help minor leaguers
May 20, 2020
Nonprofit organization More than Baseball is launching a fundraising project with the Food Bank of Puerto Rico to help minor league players and provide food to communities affected by the COVID-19 crisis in Puerto Rico. The initiative will run May 15-31 and 25% of the proceeds will be donated to the Food Bank. More than […]
chat_bubble0 Comment
visibility1727 Views
Private Alliance launches campaign to reactivate Puerto Rico tourism
May 20, 2020
The Private Alliance for Economic Growth of Puerto Rico has launched a campaign called “Bring Tourism Back,” to aimed at supporting the resumption of the tourism industry on the island after the blow the sector has experienced due to the COVID-19 pandemic. “We believe that this effort can be the bridge to sustained and sustainable […]
chat_bubble0 Comment
visibility1923 Views
Caribbean Produce Exchange lands ‘Farmers to Families Food Box Program’ contract
May 19, 2020
Puerto Rican consumer food and fresh food distributor, Caribbean Produce Exchange Inc., announced the creation of a coalition of multiple food industry sectors and the local Agriculture Department to participate in the U.S. Department of Agriculture’s “Farmers to Families Food Box Program.” Through the initiative, the coalition will use $107 million in grant funding to […]
chat_bubble8 Comments
visibility5177 Views
Puerto Rico gov’t picks gaming commission advisory firm
May 19, 2020
The Puerto Rico Fiscal Agency and Financial Advisory Authority (AAFAF, in Spanish) chose Gaming Laboratories International (GLI) to provide consulting and advisory services to the Puerto Rico Gaming Commission, created by virtue of Act 81-2019, the agency announced. GLI will assist the Commission in the drafting of the regulations governing the operations, and providing consulting […]
chat_bubble1 Comment
visibility2047 Views
SBA, US Treasury release Paycheck Protection Program loan forgiveness application
May 19, 2020
The U.S. Small Business Administration, in consultation with the U.S Department of the Treasury, released the Paycheck Protection Program (PPP) loan forgiveness application and detailed instructions for the process. “The documents released will help small businesses seek forgiveness at the conclusion of the eight-week period covered under the law, which begins with the disbursement of […]
chat_bubble0 Comment
visibility1861 Views
Combate Beach Resort to reopen July 1 with new safety standards
May 19, 2020
Following a “substantial investment” to strengthen its quality and safety systems, the Combate Beach Resort hotel in Cabo Rojo is preparing to reopen its doors on July 1, 2020, following new standards in response to COVID-19, hotel officials said. The hotel is adopting new technologies and better health education and awareness, in line with the […]
chat_bubble0 Comment
visibility1581 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA