Top Local News Headlines
These are the top local news stories from News is my Business for Sunday, June 13, 2021.
FEMA awards funding to repair sports and recreation facilities
Published 11 June 2021, 5:06 am
Several sports facilities in Aguadilla, Aibonito, Barranquitas, Carolina and Toa Baja will be repaired using an obligation of nearly $13.3 million in funds from the Federal Emergency Management Agency (FEMA). Some of these are in the design and planning process, while work in others has already been completed. “In addition to serving as places for […]
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Science Trust grants program commits $1.8M to science, tech innovation
Published 11 June 2021, 5:05 am
As part of its mission to support scientists and researchers to take Puerto Rico’s knowledge economy to a higher level of excellence, the Research Grants Program of the Puerto Rico Science, Technology and Research Trust has awarded $1.8 million to 15 science and technology research projects during 2021, the organization announced. The grants seek to […]
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Short-term vacation rental platform Join a Join shows steady growth amid pandemic
Published 11 June 2021, 5:04 am
Puerto Rican vacation home rental company Join a Join, established in 2015 by brothers Steve and Mike Leung, has achieved steady growth in the number of nights booked through its platform before and during the pandemic. The platform in which users reserve their rentals ahead of time has tripled the number of visits, showing trends […]
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Op-Ed: Proposed budget for Puerto Rico’s electricity system fails test of balance, compliance and transparency
Published 11 June 2021, 5:03 am
The Federal Oversight and Management Board (FOMB) and the Puerto Rico Energy Bureau (PREB) have each approved budgets for the electrical system for Fiscal Year 2022. The FOMB’s budget demonstrates its abject failure since its inception to produce a transparent budget that demonstrates progress on savings initiatives and meeting the commonwealth’s renewable energy goals. The […]
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Southwest adding new seasonal flights to Puerto Rico from St. Louis, Buffalo
Published 11 June 2021, 5:02 am
Starting Nov. 13, 2021, Southwest Airlines will begin Saturday-only service between both St. Louis and Buffalo/Niagara Falls and the Luis Muñoz Marín International Airport (LMM) in Carolina, the carrier announced. The new flights to Puerto Rico will have an initial economic impact of about $1.2 million during the months of November and December, Puerto Rico […]
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V2A Consulting kicks-off 2nd edition of Virtual Internship
Published 11 June 2021, 5:01 am
V2A Consulting, a strategic consulting and operational management firm with more than 16 years of experience advising organizations from various sectors, kicked-off the 2nd edition of its virtual internship program “WeServe Fellows” this week. The 2021 class of “WeServe Fellows” includes 20 university students from Puerto Rico and the Dominican Republic who will contribute to […]
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Café Oro to expand operations with $2.4M investment, DDEC incentives
Published 11 June 2021, 5:00 am
Puerto Rican coffee producer Café Oro will expand its manufacturing operations with a $2.4 million investment in equipment, in keeping with plans to export its product. The company has also received the support of the Department of Economic Development and Commerce (DDEC, in Spanish) through incentives, agency Secretary Manuel Cidre confirmed. To achieve its expansion […]
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Puerto Rico Energy Bureau OKs $1.2B in electrical infrastructure projects
Published 10 June 2021, 5:05 am
The Puerto Rico Energy Bureau has approved $1.2 billion to be used for all electrical infrastructure projects included in the Puerto Rico Electric Power Authority’s (PREPA) 10-year infrastructure plan. “These projects are an important step in the implementation of Puerto Rico’s energy policy. As the entity in charge of directing and implementing this public policy, […]
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Gov’t readies to launch tech platform to interconnect agencies
Published 10 June 2021, 5:04 am
The Puerto Rico Innovation and Technology Services office (PRITS) is getting ready to launch an interoperability platform that will allow the synchronization of citizen data for accessibility of documents, in an attempt to reduce government bureaucracy. “The Government of Puerto Rico is the custodian of citizen data; therefore, it’s the citizen who must know all […]
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Virgin Voyages’ Resilient Lady to use San Juan as homeport in ’22
Published 10 June 2021, 5:03 am
United Kingdom’s cruise line Virgin Voyages has chosen San Juan as the homeport for the Resilient Lady ship, which will offer trips in the Caribbean starting in November 2022. Puerto Rico Ports Authority Executive Director Joel Pizá-Batiz confirmed published reports, saying “we’re very happy that new cruise lines have considered the unique attributes of the […]
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Tourism Business Council advises investing in Puerto Rico’s key visitor zones
Published 10 June 2021, 5:02 am
The Tourism Business Council recommended promoting areas of tourist interest in Puerto Rico through the investment of federal money, to promote self-sufficiency and sustainable economic development. “It’s imperative that a portion of the federal funds that the island has received are invested in a long-term economic development plan in which tourism is the spearhead,” said […]
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InvestPR looks to position Puerto Rico as ‘next global BioSciences Manufacturing destination’
Published 10 June 2021, 5:01 am
Invest Puerto Rico (InvestPR), the Island’s economic development organization, is moving ahead with its strategy to reshore BioScience activities back to the US, through the “Accelerate Success” campaign with the underlying theme that the future of BioScience is in Puerto Rico The campaign, which highlights Puerto Rico’s assets and value proposition for life science manufacturing and R&D, is part of InvestPR’s overall strategy to elevate Puerto […]
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Walmart, P&G, Coca-Cola join forces to support Puerto Rico Olympic Committee, delegation
Published 10 June 2021, 5:00 am
In less than two months, Puerto Rico’s Olympic delegation, comprising more than 80 people including athletes, trainers, and technical staff, will start heading to the Olympic Games Tokyo 2020 to represent the island. The Puerto Rico Olympic Committee (COPUR for its Spanish acronym) and the athletes need support, so Walmart has teamed up with […]
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P.R. bankruptcy cases down 18.3% through May vs. same 5-month period in ’20
Published 9 June 2021, 5:03 am
The U.S. Bankruptcy Court for the District of Puerto Rico received 1,718 petitions from January to May, when filings were down 18.3% in comparison to the same five-month period in 2020, according to information provided by local research firm Boletín de Puerto Rico. When broken down into categories, about 711 of those petitions were under […]
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Head of Puerto Rico’s economic dev’t travels to D.C. for meetings
Published 9 June 2021, 5:02 am
Department of Economic Development and Commerce (DDEC, in Spanish) Secretary Manuel Cidre is heading to Washington D.C. this week to attend to “matters of high interest in favor of Puerto Rico’s economic development,” the agency announced. “It’s a loaded agenda, with key people who can be our allies when it comes to advancing our economic […]
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