Central Recovery and Reconstruction Office OKs $55.6M in federal refunds
September 24, 2018
The FEMA Public Assistance program provides financial assistance to state and municipal governments and certain types of private nonprofit organizations.
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Starbucks to donate $1.7M+, 2M seeds to help rebuild P.R.’s coffee industry
September 24, 2018
The island’s coffee industry valued at $100 million before the hurricane, suffered a destruction of nearly 20 million coffee plantations, resulting in $18 million in damages.
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Luxury yacht cruise lines Windstar, SeaDream to visit Vieques, Culebra from Oct. to March
September 21, 2018
Luxury small cruise ship companies SeaDream Yacht Club and Windstar Cruises will make scheduled stops in Vieques and Culebra from October to March 2019.
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Housing and Urban Development, P.R. ink $1.5B disaster recovery grant agreement
September 21, 2018
The signing of the grant agreement now paves the way to speed recovery dollars needed to restore damaged and destroyed homes, businesses and infrastructure.
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Study: P.R. faces ‘major’ challenges to achieve post-recovery economic growth
September 20, 2018
In its analysis of the “Balance of the Economy Post Hurricane María,” the firm stated that while the economy has rebounded, the expected real growth in Gross National Product will be temporary.
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Unidos por Puerto Rico distributes nearly $38M for relief, recovery initiatives
September 20, 2018
Unidos por Puerto Rico has awarded $37.9 million in funds to 193 non-governmental organizations (NGOs) to support relief and recovery efforts for hurricanes Irma and María, the entity announced.
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Walmart Puerto Rico to boost local product purchases by $20M in 5 years
September 20, 2018
Currently, of the $1.6 billion in annual purchases from about 300 suppliers, distributors and companies located in Puerto Rico, Walmart invests around $500 million in locally manufactured or harvested products.
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Municipality of Carolina invests $4.1M to open new landfill cell
September 20, 2018
The Municipality of Carolina has invested $4.1 million to open a new cell that will extend the life of the town’s landfill system for another 20 years.
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Agriculture Dept. says 100% of ‘lechón’ for the holiday season will be local
September 20, 2018
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.
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Stryker Puerto Rico to pump $46M into 5-year expansion of Arroyo plant
September 19, 2018
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.
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U.S. lawmaker fights to extend SBA loans for María, Irma, Harvey survivors
September 19, 2018
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.
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Google, TripAdvisor, Skift execs to convene at ‘Destino Hack’ summit
September 19, 2018
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.
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Chocolate Cortés diversifies offer, updates image at Old San Juan location
September 19, 2018
These initiatives will help “modernize the company’s image and diversify its supply in the market,” executives said.
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EPA regional admin. to visit P.R./USVI on anniversary of Hurricane María
September 18, 2018
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.
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FEMA Awards $49M to P.R. Emergency Management Agency, PREPA, Río Grande
September 18, 2018
To date, the FEMA Public Assistance program has obligated nearly $3.7 billion in total funding to municipalities and government agencies.
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