The Puerto Rico Manufacturing Extension’s (PRiMEX) Manufacturing Disaster Assistance Program announced the start of an islandwide workshop cycle to support, review and create resilience and business continuity plans for small and medium manufacturing companies. Ramón Vega, director of the Manufacturing Disaster Assistance Program, said the effort will be conducted jointly with the Bureau of Emergency […]
The Puerto Rico Fiscal Agency and Financial Advisory Authority (AAFAF, by its initials in Spanish) put the Council on Developmental Disabilities (CDD), an entity attached to the Puerto Rico Planning Board under receivership. This action is intended correct certain serious deficiencies identified by the U.S. Department of Health and Human Services, which jeopardize approximately $2.5 […]
The Financial Oversight and Management Board for Puerto Rico announced it has referred to the local and federal Justice Departments three government entities and 11 municipalities that allegedly failed to transfer some $4.5 million in withholdings for defined contribution plans into individual employees’ retirement accounts. “One of the Oversight Board’s highest priorities is to maintain […]
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