Federal Communications Commission Chair Ajit Pai will be in Puerto Rico this week to “evaluate and analyze” how the regulatory agency can continue collaborating in the recovery work related to the island’s telecommunications services, Telecommunications Regulatory Board President Sandra Torres confirmed.
For the past two weeks, the Puerto Rico Science, Technology and Research Trust has hosted more than 200 entrepreneurs, independent professionals, startups and people needing a place to work at its headquarters in San Juan, CEO Lucy Crespo confirmed.
“I will contribute to Puerto Rico’s recovery by not becoming an unemployment statistic.”
Old San Juan, a sector that is home to at least 800 businesses and 500 commercial offices, has been in the dark for the better part of the last six weeks, which have kept many from reopening since Hurricane María made landfall on Sept. 20.
The government’s decision to cancel the contentious $300 million contract with Montana-based Whitefish Energy will set back restoring Puerto Rico’s power fully by about four months, Puerto Rico Electric Power Authority Executive Director Ricardo Ramos said Sunday.
The impact of the back-to-back hurricanes — Irma and María — on the island has pushed Puerto Rico to “finally hit bottom,” said José Rafael Fernández, CEO of Oriental Financial Group Wednesday, upon announcing the bank’s third quarter results.
In the wake of the controversy swirling around the $300 million contract the Puerto Rico Electric Power Authority awarded Whitefish Energy to rebuild the network post-Hurricane María, the utility has been assigned a “Chief Transformation Officer” to oversee the work.
Five weeks after Hurricane María pummeled Puerto Rico, about 72.6 percent of local bank branches, or 228, have resumed operations, according to data from the Office of the Financial Institutions Commissioner.
Pharmaceutical company Amgen, which has a multi-building complex in Juncos, released third quarter results Wednesday, where it confirmed it is back to full operations five weeks after Hurricane María hit Puerto Rico.
As early as next week, Puerto Rico’s U.S. passport service office will resume operations, Resident Commissioner, Jenniffer González confirmed.
Airline carrier jetBlue will “temporarily redeploy” inbound leisure flying from Puerto Rico to other destinations, as the island picks up the pieces after the devastation left behind by Hurricane María.
Puerto Rico has received more than $626.7 million in funding from the U.S. government in the past month to manage the emergency brought on by back-to-back storms Hurricane Irma and María, Resident Commissioner Jenniffer González said.
Liberty Global CEO Mike Fries said Thursday although Hurricane María is not the first experience the provider has had with storms, this one is the worst it has experienced in 25 years of presence in Puerto Rico.
United for Puerto Rico, a private nonprofit created after Hurricane Irma, announced the award of $481,000 in funds to four local nonprofits.
Manufacturing operations — including pharmaceuticals and medical device makers — have not given notice of plans to leave the island despite the hardship conditions Hurricane María left in its wake, Economic Development and Commerce Secretary Manuel Laboy said Monday.
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