A "PR" as in press release? Yes, you can have a press release as a post on your bog.
To get a blog up and running, if you have an existing website, check to see that your web host supports a blog script (like wordpress). Install the script - usually in a sub directory like /blog or /news or something appropriate to your site and content.
Then just start posting. Of course, you may want to have the blog made to match your site`s graphics and design.
~Roland
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