CNE among ‘Top Think Tanks’ in the world for 6th consecutive year
June 5, 2019
For the sixth year in a row, Puerto Rico’s Center for a New Economy (CNE) has been included in the most recent edition of the 2018 Global Go To Think Tank Index Report published by the Think Tanks and Civil Societies Program (TTCSP) at the University of Pennsylvania’s Lauder Institute. CNE was recognized in the […]
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House passes $600M for P.R.’s Nutritional Assistance Program, $350M for recovery
June 4, 2019
The U.S. House of Representatives approved H.R. 2157, known as the Supplemental Appropriations for Disaster Relief Act, that includes an additional $600 million for Puerto Rico’s Nutrition Assistance Program, known as PAN for its initials in Spanish. The bill also includes $5 million to study impact on the use of PAN funds in Puerto Rico […]
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Gov’t, NYU School of Professional Studies announce collaboration
June 4, 2019
The government of Puerto Rico and the NYU School of Professional Studies will collaborate to train a group of students on the hospitality industry, Gov. Ricardo Rosselló announced during the 41st New York University International Hospitality Industry Investment Conference. NYU will receive a group of students in Puerto Rico for a two-week campus project, he said, […]
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Op-Ed: The giant of real estate is awakened in the Convention District
June 4, 2019
The Convention District is … a dynamic real estate development strategy aimed at, and specialized in, groups and conventions. Just six miles from the international airport and surrounded by the captivating magic of Old San Juan, Condado and Miramar, its location is perfect and makes of this compound, a jewel of real estate with exponential […]
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Gastronomic guides to promote food tourism
June 4, 2019
Entrepreneur and writer Paul E. González-Mangual announced the launch of a new gastronomic tourism agency called FOODIEcations, which aims to give foodies who travel to eat and live to eat knowledge about Puerto Rico’s culture through its gastronomy. “Traveling to eat has become a way of life for new generations. So much so, that millennials […]
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OBoard looks for out-of-court settlements with government vendors
June 3, 2019
The Special Claims Committee of the Financial Oversight and Management Board for Puerto Rico on Friday launched an informal resolution process that does not require onerous litigation to resolve its recent vendor actions, it announced. The resolution process is designed to resolve the majority, if not all of the vendor claims out of court and […]
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8th edition of P.R. Restaurant Week in full swing
June 3, 2019
The 8th edition of Puerto Rico Restaurant Week, an event designed to allow chefs to showcase their culinary creativity and for foodies to enjoy it, will run through June 10, organizers said. The event enrolls local restaurants that design a fixed-price (“prix fixe”) menu, to draw locals and tourists to their establishments, according to Kinori […]
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Customs: Truthful declarations can help avoid delays during busy summer travel season
June 3, 2019
The Caribbean is among the most favored destinations for travelers during the summer whether flying or enjoying a cruise ship. “While we invite visitors to enjoy all the wonders Puerto Rico, the USVI and our neighboring Caribbean islands offer, we encourage everyone to learn about the CBP process to make their traveling quick and […]
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Op-Ed: Rosselló ignores facts, misleads public about PREPA debt deal, IEEFA says
June 3, 2019
Supporters of the Puerto Rico Electric Power Authority’s proposed debt restructuring agreement — including Gov. Ricardo Rosselló and PREPA Executive Director José Ortiz — have recently argued that the rate increase imposed by the agreement will be mitigated by operational savings that will lower electricity rates. The governor’s and PREPA’s public statements about rate decreases […]
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Georgia’s potential troubles as film mecca could bring windfall to P.R.
May 31, 2019
Puerto Rico’s film industry could stand to win from the controversy stirring in Georgia, where a proposed anti-abortion measure is already causing major Hollywood actors and movie houses to threaten boycotting the state and moving their productions elsewhere if it passes. Georgia is known for the sweeping incentives it offers the film sector, drawing scores […]
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P.R.’s Economic Activity Index up 1.6% Y-O-Y in April
May 31, 2019
Puerto Rico’s Economic Activity Index for the month of April 2019 reflected a 1.6% increase, to 121.3, when compared to the same month in 2018, Economic Development Bank President Gerardo J. Portela said. “The EAI for April 2019 reflects a reduction of 0.1% compared to the result obtained in March this year,” he said. “The […]
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AAFAF places P.R. Council on Developmental Disabilities under receivership
May 31, 2019
The Puerto Rico Fiscal Agency and Financial Advisory Authority (AAFAF, by its initials in Spanish) put the Council on Developmental Disabilities (CDD), an entity attached to the Puerto Rico Planning Board under receivership. This action is intended correct certain serious deficiencies identified by the U.S. Department of Health and Human Services, which jeopardize approximately $2.5 […]
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Earth Gift opens 2nd medicinal cannabis clinic, launches ‘artisanal’ crop
May 30, 2019
Two years after entering the island’s medicinal cannabis market with the opening of its first location in Carolina, Earth Gift announced the addition of a new clinic in Trujillo Alto and the establishment of a proprietary “artisanal” crop. The new location entailed a $160,000 initial investment, while the crop, which features a unique strain of […]
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3 Puerto Rican ‘paradores’ receive excellence awards from TripAdvisor
May 30, 2019
Three local “paradores,” or small inns, each received TripAdvisor Excellence Awards, the Small Inn Owners Association announced. The Combate Beach Resort, Guanica 1929, and Villas Sotomayor received the “Certificate of Excellence” in recognition of their quality and service in hospitality. The award is granted to establishments listed at the top 10% level in the world […]
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23 P.R.-based companies look to do business in Orlando
May 30, 2019
A delegation of 23 Puerto Rican companies representing various economic sectors will be participating in a multi-sector trade mission to the city of Orlando through May 31, organized by the Puerto Rico Trade and Export Company. The mission seeks to take advantage of the opportunities for expansion and growth offered by the stateside market for […]
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