Vaquería Tres Monjitas inaugurated a new distribution center in Mayagüez, in which it invested $1.8 million to expand its operation in the western area and supply the regions’ market quicker and more efficiently, company officials said. The new 20,000 square-foot facility, including 8,000 square feet of refrigerated space, has the capacity to store 500 tons […]
Walmart Puerto Rico announced the launch of Rumgria “The Best of Both Worlds,” its private label sangria manufactured by local company R ‘Brothers, LLC, creator of the Sangría artisanal Los Hermanos. In making the announcement, Viviana Mercado, senior manager of corporate affairs at Walmart Puerto Rico, said with Rumgría, “the company continues to expand the […]
The U.S. Department of Agriculture’s Natural Resources Conservation Service is making $300,000 available in 2019 Caribbean Area Conservation Innovation Grants (CIG) to stimulate the development and adoption of innovative conservation approaches and technologies in the Caribbean Area. Applications are requested from eligible government agencies, non-governmental organizations or individuals in Puerto Rico and the U.S. Virgin Islands […]
OFG Bancorp announced that its 2018 digital annual report is now available online. Designed for viewing on all platforms, it features a video letter to shareholders by OFG Bancorp President José Rafael Fernández. It also includes animated and downloadable summaries of 2018 financial highlights and service innovations, and PDFs of its “wrap 10-K” print annual […]
The Hogar Infantil Santa Teresita del Niño Jesús battered children’s shelter in Arecibo announced the installation of a new $45,000 solar energy system, through a joint effort between the Somos Solar Foundation and Maximo Solar Industries. The system will allow continuity services offered to child abuse victims, even when there are power outages. After Hurricane […]
The Puerto Rico Builders Association (PRBA) and Grupo Guayacán Inc. (GGI) announced the call for applications for the third annual PRBA-Guayacán Fellowship which will sponsor the participation of up to two PRBA members in the 2019 Guayacán Venture Accelerator (GVA). The GVA is an executive education and development program for companies established in Puerto Rico seeking […]
Businesses “must plan and always be prepared” for emergencies and strategize to guarantee the continuity of operations in the wake of a natural disaster. Ernesto Morales, responsible for the National Weather Service Emergency Notifications, Economist Carlos Colón de Armas, Benjamin Nieves, expert in public safety and emergency management, and WorldNet Telecommunications Commercial Director Javier Santos, […]
As part of its expansion plan, The House Wine, Beer & More announced the opening of two new stores, at a combined investment of $1.8 million. The first one is located in the Plaza Caparra shopping center in Guaynabo. The new 6,000 square-foot store features more than 2,600 wine labels, 750 brands of liquors and […]
Puerto Rico Gov. Ricardo Rosselló is expected to to sign a bill to radically transform the island’s economy with renewable energy as the central pillar. Senate Bill 1121, known as the Puerto Rico Energy Public Policy Act, will set the island on a path to 100 percent renewable energy by 2050, lawmakers said. The bill makes […]
Delta Air Lines is preparing to accommodate increased holiday demand by adding larger aircrafts to serve the Atlanta-San Juan route, the carrier announced. The route will operate one of its four daily flights with an Airbus A330-300 aircraft. “From Thanksgiving through the winter season, visitors flock to Puerto Rico to experience its vibrant culture, biodiversity, […]
As part of “HP Experience Day” held in San Juan Tuesday, the technology company introduced its most recent security, computer, and printing innovations featuring solutions focused on keeping cyber attacks at a minimum. As reported, a cyber attack is registered every 39 seconds and the damage resulting from cyber crimes will cost $6 billion worldwide […]
Mercedes-Benz dealer Garage Isla Verde has received a “Gold Laurel,” award, the highest distinction granted by the brand’s “Best of the Best” program that includes all of the dealerships throughout he U.S mainland, the company announced. The award is “a recognition of its extraordinary operational performance in sales and service, combined with the customer experience, […]
Puerto Rico’s economic freedom is somewhat limited, scoring 61 out of 100 points in the Economic Freedom Index (EFI) Report for 2018, unveiled by the Center for Economic Renewal, Growth and Excellence. As a result, its potential for economic growth is being affected by a challenging business climate, high taxes and recurring fiscal deficits. Such […]
The Central Office of Recovery, Reconstruction and Resiliency (known as COR3) will take over in April the responsibility to review and reimbursement approval of federal recovery funds from the Federal Emergency Management Agency, government officials announced. This agreement comes after “extensive effort on the part of Puerto Rico to work with FEMA and establish robust […]
Facebook and accelerator parallel18, an initiative of the Puerto Rico Science, Technology, and Research Trust, are partnering to launch “Startup Hub Caribbean,” a program that will support 10 technology startups that have outsized social impact potential and are focused on improving the lives of communities across the Caribbean. Startups selected for the program will receive […]
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