Local company Island Creamery Inc., operator of the Baskin-Robbins franchise in Puerto Rico, continues to bet on the local market with a $1.1 million investment to remodel its San Patricio Village store in Guaynabo. The renovation features the “new and innovative design” the company will use to open new stores and remodel existing ones for […]
The U.S. Department of Agriculture’s Rural Development agency announced it is allocating $781,586 in two grants to further distance learning and rural education in Puerto Rico. Kinesis Inc. will receive a $291,887 grant that will enable it to create a distance learning network to provide advanced classes. There will be a hub-site at San Juan, […]
Regional airline Silver Airways and American Airlines have expanded their commercial relationship by introducing a codeshare partnership, providing customers of both airlines seamless connections between the carriers’ networks and enabling passengers to fly segments operated by both airlines under a single ticket. The carriers announced that the codeshare offers customers of both airlines the ease […]
For the second year in Puerto Rico, the Sustainable Environment Organization (OPAS, for its initials in Spanish) announced the call for the Foundation for Environmental Education’s international “Young Reporters for the Environment” student journalism competition. This program provides the opportunity for students between the ages of 11 and 25 to explore and report findings on […]
Fairmont Hotels & Resorts and ESJ Resort LLC today announced the signing of an agreement for Fairmont Hotels & Resorts to become the new manager of El San Juan Hotel in Isla Verde. The property will join the globally renowned Fairmont collection of luxury hotels, as Fairmont El San Juan Hotel, no longer being run […]
El Distrito entertainment complex will be filled with the taste of the Major Leagues with the opening of Pudge’s Pizza, the gastronomic offering by Baseball Hall of Fame Catcher, Iván “Pudge” Rodríguez, Federico Stubbe, Jr. president of PRISA Group, developer of the complex announced. Stubbe explained that his company acquired the rights to the Pudge’s […]
The Federal Emergency Management Agency has awarded more than $3.7 million in additional funds to the towns of Coamo and Salinas to cover costs related to Hurricane María. These awards bring the amount of funds obligated under FEMA’s Public Assistance program to nearly $6 billion, the agency said. The latest grants are as follows: $1.6 […]
With the purpose of reforesting green areas destroyed by Hurricane María and contribute to raising students’ environmental awareness, FirstBank, through its “One with the Environment program” recently donated bay-rum and guaiacwood trees to the Ana G. Méndez University’s Cupey campus. “FirstBank continues to support initiatives that return oxygen to our island through the trees that […]
DDB Latina, which unites DDB Worldwide’s Latin markets across the world (U.S. multicultural, Latin America, and Spain) has been named “Network of the Year 2019” at El Ojo Festival. Thirteen offices won a total of 165 medals including, five Grand Prixs, 43 golds, 53 silvers, 64 bronze. Africa took home two Grand Prix, one in […]
Medical Card System Inc. confirmed that more than 85% of its existing Classicare Members have qualified for one or more special supplemental benefits available under their Medicare Advantage coverage for 2020 and have received letters notifying them of their eligibility. MCS is the only Medicare Advantage plan in Puerto Rico to receive approval from the […]
The U.S. Department of Agriculture announced the approval of $13 million in loans to the towns of Dorado and Mayagüez, to improve critical community facilities. The town of Dorado will receive a little more than $3 million to rehabilitate deteriorated roads, sidewalks, curbs, gutters and drainage in rural sectors. Areas slated for repair include Higuillar, […]
The Federal Communications Commission issued two separate fines totaling some $34,000 against two local companies — WinPR Inc. and Caribbean Network Solutions Inc. — for operating systems that cause interference to the doppler weather radar in San Juan. In the notice informing WinPR’s $25,000 penalty, the FCC said it was for “willfully operating two Unlicensed […]
The Puerto Rico Vocational Rehabilitation Administration has made a nearly $6 million technology investment to comply with federal regulations and streamline processes, through a platform known as entellitrak, powered by Virginia-based Micropact. The platform will comply with the requirements of the federal Workforce Innovation and Opportunity Act and will streamline the handling of data and […]
Boehringer Ingelheim, a global provider of animal health products for pets and livestock, announced a nearly $50 million expansion of its manufacturing site in Barceloneta. The investment will create up to 105 full-time jobs in three to five years, bringing full-time employment at the site as high as 322. Everett Hoekstra, president of Boehringer Ingelheim […]
X-Square Capital announced the launch of its latest investment instrument, X-Square Balanced Fund, the first mutual fund in Puerto Rico registered with the Securities and Exchange Commission. The main objective of the X-Square Balanced Fund is to provide investors from Puerto Rico a long-term balanced investment alternative that seeks conservation of capital, current income and […]
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