Hurricane María caused historic record damages in infrastructure and business interruption, impacting all dimensions of the economy, including the labor market, the energy sector, tourism, public finances, destruction and damages of homes as well as causing massive outward migration, mostly to the U.S. mainland.
The clash between Gov. Ricardo Rosselló’s administration and the Financial Oversight and Management Board for Puerto Rico over the implementation of the federally appointed entity’s Fiscal plan could unleash a protracted court fight and generate uncertainty about flow of federal aid to the island.
Puerto Rico’s medicinal cannabis patient community continues to show consistent growth, turning to the treatment option to deal with various health conditions.
Puerto Rico's economic challenges and social changes have spurred an increase in job opportunities related to cultural and creative industries, according to Department of Labor and Human Resources’ digital magazine.
The U.S. Small Business Administration and the Puerto Rico Professional College of Engineers and Land Surveyors will jointly conduct on, May 1 their 13th Government Contracting Matchmaking Event.
In an effort to bring light to those still in need, MPOWERD Inc. has deployed over 80,000 solar Luci lights in Puerto Rico, in the first six months after Hurricane María struck.
Nonprofit microfinance organization Grameen Puerto Rico is bringing together leading financial institutions and other partners to galvanize investment in local low-income women entrepreneurs in the wake of the devastation caused by Hurricane María last year.
The companies that make up part of the biotechnical agricultural industry in Puerto Rico generate, for each invested dollar in the industry through incentives and tax credits, a return on investment of $5.36 for the local economy, with a net benefit of $65 million.
After several years of planning and international negotiations, MAG Film Studios was presented as the first Puerto Rican company focused on the distribution and production of films, documentaries, and educational content that are profitable internationally, company executives said.
Medical Card System Inc. and Popular Inc. made high-ranking executive appointments this week, filling top positions with local professionals.
CDI Laboratories Inc., Puerto Rico's first facility dedicated to the research, development and commercialization of biotechnology products, has opened a $17 million facility in Mayagüez.
As part of its commitment to the island's agriculture, Puerto Rico Farm Credit will pay $1.7 million in 2017 dividends to its client-shareholders this month, the agency announced.
Gauss Research Laboratories, the .PR ccTLD manager, confirmed that addresses remain up and running and will work worldwide despite the power problems facing Puerto Rico, which experienced an islandwide blackout Wednesday.
The members of the Caribe Girl Scouts have joined the April celebration of “Puerto Rican Industry Month” by selling articles at the "Hecho en Puerto Rico" store of the Puerto Rico Products Association in Plaza Las Américas, the group announced.
Puerto Rico will set the stage for yet another Hollywood film production, “Primal” starring Oscar winner Nicolas Cage, Gov. Ricardo Rosselló announced.
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