Hurricane Irma will have negative implications for the Puerto Rico Electric Power Authority’s liquidity and cause further delays to its debt restructuring plans, Moody’s Investors Services predicted in a report released Tuesday.
Members of the Puerto Rico Manufacturers Association gathered Monday to provide a status report on the island’s essentials, which include about a month’s supply of food and enough propane and diesel to meet the island’s needs.
The new President of the College of Engineers and Surveyors of Puerto Rico (CIAPR by its initials in Spanish), Pablo Vázquez-Ruiz warned Monday that most of the damages on record during hurricanes on the island are due largely to the lack of construction resistance and lack of preparation.
The College of Engineers and Surveyors of Puerto Rico (CIAPR by its initials in Spanish) shared Monday a list of the most significant damage caused by hurricanes, and safety tips when facing the wrath of a storm and its aftermath.
Aristides Sánchez, owner of the Arecibo-based saltwater aquarium business, Wonders of the Reef Aquarium, pleaded guilty to two felony violations of the federal Lacey Act for collecting, purchasing, falsely labeling, and shipping protected marine invertebrate species as part of an effort to subvert Puerto Rican law designed to protect corals and other reef species, the Department of Justice announced.
The Financial Oversight and Management Board for Puerto Rico announced Wednesday it will begin accepting proposals for projects that address critical infrastructure needs under Title V of the Puerto Rico Oversight, Management and Economic Stability Act.
Animus, the innovation summit dedicated to empowering women to reach their highest level of personal and professional development, returns for a third edition on Oct. 6, organizers said Wednesday.
Despite the protracted economic crisis plaguing Puerto Rico, real estate developer Nicholas Prouty announced Tuesday that construction of his newest project, “La Casa,” a new $65 million senior housing tower next to his $350 million Ciudadela development in Santurce, is “well underway.”
Puerto Rico’s astronomical debt crisis is a complex issue made all the more daunting by the often-arcane lexicon employed in the finance world.
Puerto Rico’s medical cannabis industry is experiencing a growth spurt in patients, clinics and certified doctors and industry professionals, private sector and government officials confirmed.
Auction house Centro Casas will be putting up for bid 30 rolling kiosks that were part of the “Pa’ Mi Gente” program launched by former Gov. Luis Fortuño’s administration in 2010, this media outlet confirmed.
The Foundation for Puerto Rico announced Thursday it will host “Destination Hack” from Sept. 29 to Oct. 1 focused on promoting innovation on the island as a tourist destination and accelerate the growth of the visitor economy.
The Financial Oversight and Management Board for Puerto Rico issued a request for proposals (“RFP”) from parties interested to be retained as an independent investigation team to probe Puerto Rico’s debt and its connection to the current fiscal crisis.
The Financial Oversight and Management Board for Puerto Rico filed an application at the U.S. District Court to approve the hiring of Phoenix Management Services, LLC as financial advisor for the mediation team appointed in the Title III cases related to the Commonwealth’s bankruptcy proceedings.
San Juan-based startup accelerator Parallel18 announced Wednesday the signing of a pair of collaborative agreements — with the Puerto Rico International Banks Association and the Builders Association to create opportunities for up-and-coming businesses.
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