Op-Ed: PREPA’s 20-year plan conflicts, undermines long-term renewables goal
April 1, 2019
Last month, the Puerto Rico Electric Power Authority filed its long-anticipated integrated resource plan – a 20-year plan for the transformation of the island’s power generation system – with its regulator, the Puerto Rico Energy Bureau. In the plan, PREPA details various scenarios for the build-out of generation infrastructure and a five-year action plan of […]
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P.R. Institute of Statistics offers courses to improve data gathering skills
April 1, 2019
Looking to expand the statistical information on a number of topics and educate about statistics and tools available to manage and access them, the Puerto Rico Institute of Statistics is hosting a series of workshops and webinars. While the workshops requiring attendance target mainly government employees and representatives of non-governmental entities responsible for keeping statistics […]
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PRiMEX launches exports program with selection of 12 Puerto Rican co.’s
April 1, 2019
Twelve companies were selected to participate in a new export program launched by the Puerto Rico Manufacturing Extension Inc. As part of the program each participant will receive 60 hours of free training, coaching and educational materials with which entrepreneurs can create their export plan and implement them with PRiMEX’s support. The main objective of […]
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NY Fed’s Williams: ‘P.R. must leverage natural, human assets’ to bounce back
March 29, 2019
New York Fed President John Williams urged Puerto Rico to leverage its natural, cultural and human resources to create a sustainable, strong, vibrant and prosperous economy for future generations. During his two-day visit to Puerto Rico and the U.S. Virgin Islands — which fall under his agency’s jurisdiction — Williams participated in a conversation with […]
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HUD’s Inspector General auditing part of the disaster funds for P.R.
March 29, 2019
By Jeniffer Wiscovitch-PadillaCenter for Investigative Journalism The U.S. Department of Housing and Urban Development’s Office of the Inspector General (HUD’s OIG) confirmed it is auditing the Community Development Block Grant–Disaster Recovery (CDBG–DR) Program funds granted to Puerto Rico after Hurricanes Irma and María. HUD Spokesman Darryl Madden told the Center for Investigative Journalism (CPI, for […]
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Tres Monjitas pumps $1.8M into Mayagüez distribution center
March 29, 2019
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 […]
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Walmart launches private brand of sangria produced by local supplier
March 29, 2019
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 […]
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USDA to grant up to $300K for innovative conservation projects in P.R./USVI
March 29, 2019
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 […]
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OFG Bancorp’s ’18 digital annual report available online
March 29, 2019
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 […]
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Battered children shelter outfitted with $45K solar energy system
March 29, 2019
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 […]
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Grupo Guayacán, P.R. Builders open call for 3rd edition of joint fellowship program
March 28, 2019
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 […]
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Business continuity summit stresses relationship between emergencies, the economy
March 28, 2019
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, […]
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The House Wine, Beer & More invests $1.8M to open 2 new stores
March 28, 2019
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 […]
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Rosselló expected to sign P.R. energy public policy act into law
March 27, 2019
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 […]
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Delta to boost available seats between Atlanta-San Juan, anticipating heavy holiday travel
March 27, 2019
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, […]
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