FirstBank, Multisensory Reading Centers partner to help students with reading difficulties
April 4, 2019
FirstBank joined Multisensory Reading Centers of Puerto Rico and its “Readers for the Future” intervention program to provide specialized instruction aimed at optimizing reading skills in K-3 children at elementary schools Manuel Elzaburu Vizcarrondo in Cantera and Luis Llorens Torres in San Juan, the entities announced. Stating that only 43% of students in Puerto Rico […]
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‘Season of the Witches’ indie film to be produced entirely in P.R.
April 3, 2019
“Season of the Witches,” a psychological thriller produced and directed by an all-women team of film industry professionals, will be rolled entirely in Puerto Rico this summer, this media outlet confirmed. The project has a “micro budget” of less than $3 million, which will go toward hiring a local crew of producers and actors, and […]
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COR3 Office disburse $237M+ in recovery funds on 1st day as FEMA funds monitor
April 3, 2019
The Central Office of Recovery, Reconstruction and Resiliency, known as COR3, announced the disbursement of more than $237 million to several municipalities and government agencies, representing the first transaction after assuming the duties from the Federal Emergency Management Agency. COR3 Executive Director Omar Marrero said the disbursements were achieved in compliance with federal policies and procedures […]
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Contractors seek clarification of certain tax reform concepts
April 3, 2019
The Tax Affairs committee of the Puerto Rico Chapter of the Association of General Contractors of America (AGC-PR) asked the Treasury Department and offered its help to establish clear and uniform rules for the application in the construction industry of certain adopted changes under the Tax Reform of 2019. This request was made at the […]
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P.R. Public Health Trust joins gov’t agencies, communities, health institutions, academia
April 3, 2019
The Puerto Rico Science, Technology and Research Trust announced the creation of the Puerto Rico Public Health Trust to work in partnership with multiple sectors including governmental agencies, communities, the health care delivery system, businesses, media and academia. The Science Trust was designated by the Puerto Rico Legislature as the Puerto Rico Public Health Institute […]
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New $1.1M Baskin-Robbins store opens in Dorado
April 3, 2019
Island Creamery Company Inc., franchise holder of Baskin-Robbins in Puerto Rico, announced the addition of a new store in the Doramar Shopping Center in Dorado, through a $1.1 million investment. The new store will create about 26 new jobs and is the first new store ICI has opened since acquiring the franchise rights in Puerto […]
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Rosselló unveils legislation to regulate sports betting, includes e-sports, fantasy sports
April 2, 2019
Puerto Rico Gov. Ricardo Rosselló introduced legislation to regulate sports gambling on the island, which is expected to attract visitors and improve the economy, he said during a news conference. The legislation includes a reorganization with a new public policy in favor of gambling. In anticipation of unveiling the bill, the government referred to two […]
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Aurora Angel Network invests $210K in emerging tech start-up in P.R.
April 2, 2019
Aurora Angel Network, a group of angel investors created in January 2019, announced its first investment of $210,000 in Zomio Inc., a Puerto Rico-based security company that develops smart technology. Aurora is comprised by a group of executives and entrepreneurs whose mission is to invest in the growth of innovative and scalable start-ups to create […]
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JetBlue to sponsor annual ‘GreenUp’ campaign for the environment in P.R.
April 2, 2019
JetBlue launched its annual “GreenUp” campaign which highlights the airline’s commitment to local environments. In celebration of Earth Month, JetBlue seeks to help its customers to educate themselves, and join the airline in donating and volunteering with non-profits working to preserve natural spaces. In San Juan, JetBlue crewmembers will participate in a variety of events, […]
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Op-Ed: What is the new alternate basic tax for individuals?
April 2, 2019
This is the time of the year in which individuals receive financial information to prepare their individual income tax return. Understanding what changes were enacted through new legislation, and how each affects each particular situation, is not an easy task. Therefore, be aware of relevant changes applicable to tax years beginning after Dec. 31, 2018, […]
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Discover Puerto Rico campaign recognized nationally
April 2, 2019
#CoverTheProgress, an initiative to highlight Puerto Rico’s recovery after the passage of Hurricane María, is a finalist for various recognitions from communications and tourism organizations, including the Maximum Achievement for Reputation Management Award from SABRE North America, Discover Puerto Rico announced. The awards recognize the most outstanding work focused on programs and initiatives that have […]
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Economic Development Dept. officials promote P.R. in Germany
April 2, 2019
Department of Economic Development and Commerce Secretary Manuel A. Laboy Rivera is taking part in Hannover Messe 2019, an international event in Germany where he will promote Puerto Rico as an investment destination, through the opportunity zones in multiple sectors including research and technology development. “The purpose of the event is to promote investment in new […]
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New generation of creative businesses known as La Cepa 1.0 takes off
April 2, 2019
Sacred Heart University, through its “Nuestro Barrio: Santurce Cultural District Program” announced the 23 companies selected to participate in its training platform for the area’s creative businesses. This initiative is possible through the allocation of $400,000 the university received from the U.S. Economic Development Administration to support the acceleration of creative industries, college officials said. […]
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T-Mobile CEO Legere in San Juan today for ‘Winners Circle P.R.’ event
April 1, 2019
T-Mobile CEO John Legere confirmed he will be in San Juan today to meet with employees during its “Winners Circle Puerto Rico” event, which will take place all week. This is the first time T-Mobile celebrates the companywide affair in Puerto Rico, which will bring some 1,500 employees to the island, including other high-ranking company […]
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‘Starbucks Express,’ the specialty coffee company’s mobile unit, unveiled
April 1, 2019
Starbucks Puerto Rico unveiled its new “Starbucks Express,” mobile coffee shop concept — the first of its kind in Latin America and one of the few in the world, company executives said. Starbucks Express joins the 26 stores that the company has on the island. Weighing in at 16,000 pounds and measuring 32 feet long […]
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