P.R.’s Acts 20, 22 add 36K jobs, inject $1.2B from ’12 to ’19
November 13, 2019
Puerto Rico’s Act 20 and Act 22 have generated 36,222 jobs and $1.2 billion in investments on the island from 2012 to 2019, a study revealed by the Department of Economic Development and Commerce confirmed. According to the study on the performance of the government’s incentives programs, commissioned to the Estudios Técnicos research firm, the […]
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P.R. gets failing grades for key infrastructure conditions
November 13, 2019
The 2019 Report Card for Puerto Rico’s Infrastructure released for the first time by the Puerto Rico Chapter of the American Society of Civil Engineers, giving eight categories of infrastructure an overall grade of a D-. Energy received the lowest grade of “F,” meaning the system’s infrastructure is in unacceptable condition and has widespread advanced […]
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Industry study shows P.R. home prices spike in 5 large towns
November 13, 2019
The price of homes in the towns of Dorado, Humacao, Ponce, Aguadilla, and Isabela are going up and, in some cases, are even surpassing pre-Hurricane María levels, according to a study by Point2 Homes, a firm that covers real estate market trends and news. Although Puerto Rico’s economy is still in the mire, the island’s […]
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Paseo Caribe courting locals, tourists with renewed entertainment/dining proposal
November 13, 2019
Ten days after Hurricane María slammed into Puerto Rico in September 2017, Paseo Caribe resumed operation of its oceanfront mixed-use complex. And despite challenges such as the exit of tenants from El Mercado food court and its retail areas, operator CPG Island Servicing continues to bet on the local market and is working again to […]
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Recycling centers in Carolina, Guaynabo to mark ‘America Recycles Day’
November 13, 2019
As part of “America Recycles Day” events that are celebrated mid-November every year, the towns of Guaynabo and Carolina, in collaboration with the Environmental Protection Agency, ConWaste and the Puerto Rico Recycling Partnership, are joining forces to host Open Houses at the towns’ recycling centers. During the Open Houses, students and visitors will see firsthand […]
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Piloto 151 opening 4th location next month in Santurce
November 13, 2019
A year since its most recent expansion in the financial district, coworking space pioneer Piloto 151, announced the upcoming opening of its fourth location and its second space in the heart of Santurce. Piloto 151 will add an additional 15,000 square feet to its footprint for a total of approximately 50,000 square feet of managed […]
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ConPRmetidos opens call for ‘IdeAcción 2020’ to grant $400K in funding
November 13, 2019
Nonprofit organization ConPRmetidos has opened the call for “IdeAcción 2020,” a program that aims to distribute some $400,000 in funds for economic development projects across the island. ConPRmetidos seeks to finance “viable, replicable and sustainable” proposals to solve the challenges that affect the most vulnerable communities every day. The call is for social entrepreneurs who […]
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Ideas to Product development grant program has $200K for local projects
November 12, 2019
The Puerto Rico Science, Technology and Research Trust announced a new funding opportunity through its Technology Transfer Accelerator Hub program, aimed at supporting pilot projects to advance life science innovations by quickly and clearly demonstrating whether a technology or product is worthy of moving through the commercialization process. For this first year a total […]
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P.R. Junior Chamber Int’l seeking ‘most outstanding’ youth
November 12, 2019
The Junior Chamber International has reopened its annual call for “Ten Outstanding Young Persons” of the World award, through which the entity seeks to recognize the most outstanding achievements of Puerto Rican youth. “We will be recognizing people in the categories of commercial, economic or business achievements; political, legal and government affairs; academic leadership or […]
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Triple-S Propiedad has paid $692M in Hurricane María-related claims
November 11, 2019
Triple-S Propiedad has paid a total of $692 million in claims related to Hurricane María in the past two years for a total number of claims of 17,746. It has closed approximately 96% of those claims, while 709 remain open, company CEO Roberto García-Rodríguez confirmed as part of the release of its third quarter results. […]
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P.R. Community Foundation grants $51K+ to 77 teachers in 20 towns
November 11, 2019
The Puerto Rico Community Foundation recently granted 77 mini-donations totaling $51,875 to public school teachers in 20 towns to reinforce literacy through active and creative student learning. The educators, who teach elementary, intermediate, and higher at 43 schools, received mini-donations of between $360 and $700 in funds granted by the Central Florida Foundation and the […]
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FCC sets Dec. 9 deadline to apply for $258.8M in recovery funding
November 8, 2019
Telecommunications service providers in Puerto Rico and the U.S. Virgin Islands have until Dec. 6, 2019 to apply for support through the Federal Communications Commission’s $258.8 million allocation to rebuild and expand 4G LTE and 5G technologies for voice and broadband service in the aftermath of Hurricanes Irma and María. In an order, the FCC’s […]
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ICANN returns to P.R. to hold 1st public meeting of ’22
November 8, 2019
The Internet Corporation for Assigned Names and Numbers (ICANN) announced that San Juan has been selected as the location for the first ICANN Public Meeting of 2022. ICANN73 will be held March 5-10, 2022 at the Puerto Rico Convention Center, organization officials said. ICANN holds three public meetings each calendar year in different regions of […]
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Google Arts & Culture teams up with Lin-Manuel Miranda to digitize P.R.’s heritage
November 8, 2019
In a new initiative, Google Arts & Culture has teamed up with Lin-Manuel Miranda and Luis Miranda Jr. and a network of museums in Puerto Rico to bring the island’s artworks together online for the first time. More than 350 artworks have been posted online, with dozens captured in ultra-high resolution by Google Arts & […]
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T-Mobile to light up 5G on Dec. 6, vows to ‘transform’ wireless service
November 8, 2019
Wireless carrier T-Mobile announced plans to light up nationwide 5G on Dec. 6, covering more than 200 million Americans and more than 5,000 cities and towns across the country, including areas in Puerto Rico. In a press release, the carrier also unveiled a three-pronged strategy for customers to make the most of the next-generation network […]
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