The Agriculture Department and the Puerto Rico Pork Producers Cooperative unveiled a joint initiative to put local roasted pork, known as “lechón asado," back in the island’s restaurants ahead of the upcoming holiday season.
Medical technology company Stryker Puerto Rico will invest $46 million over the next five years to expand its manufacturing capabilities at its facility in Arroyo.
Velázquez has introduced the “Access to Sufficient Capital for Everyone in Natural Disaster Areas Act of 2018,” (ASCEND Act) a bill that would extend SBA disaster loan applications for an additional year.
Industry experts, entrepreneurs, government officials and students will come together to develop innovative solutions and apps that will help improve Puerto Rico’s destination experience.
These initiatives will help “modernize the company’s image and diversify its supply in the market,” executives said.
On the one-year anniversary of Hurricane María’s landfall in the Caribbean, U.S. Environmental Protection Agency Regional Administrator Pete Lopez will meet this week with commonwealth, territory, and local partners.
To date, the FEMA Public Assistance program has obligated nearly $3.7 billion in total funding to municipalities and government agencies.
Recovery from disasters on the scale of hurricanes Irma and María requires resources that exceed government capabilities.
Aerostar Airport Holdings, operator of the Luis Muñoz María International Airport in San Juan, confirmed it has invested close to $70 million to repair Puerto Rico’s main air traffic hub.
Puerto Rico is updating its building code and will use a $79 million grant from the Federal Emergency Management Agency to improve enforcement, the agency stated.
The Survey’s statistics refer to the information collected during calendar year 2017 and includes social, economic and housing data for Puerto Rico and municipalities with a population of 65,000 people or more.
The University of Puerto Rico has received nearly $1.5 million from the National Science Foundation to launch a five-year project called “Rise Up,” which will bring together three of its campuses to seek solutions to certain problems that came up after Hurricane María.
The funds cover expenses for emergency protective measures, debris removal and for the Sheltering and Temporary Essential Power Pilot Program.
Popular intends to use the net proceeds from the offering plus available cash to redeem $450 million aggregate principal amount of its outstanding 7.00 percent Senior Notes.
Its agreement with the Tourism Co. also includes professional consultation pertaining to new technology, policy and legislation development, rule writing, field issues, player disputes, and forensic examinations.
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