The Puerto Rico Electric Power Authority’s new residential rate that goes into effect today for the island’s residential customers is a temporary subsidy that does not imply efficiency improvements at the agency, the Center for the New Economy concluded Wednesday.
Critical Hub Networks announced Wednesday the U.S. Department of Commerce National Telecommunications and Information Administration’s approval of a route change for the Puerto Rico Bridge Initiative’s (PRBI) islandwide network, as well as the expansion of the network’s interconnection points from 16 to 24.
The Puerto Rico Restaurant Association expressed concern Tuesday to the closure of several restaurants in the past few weeks and urged government action to prevent further losses for the industry that could adversely affect the island’s economic development.