The U.S. Department of Labor, in cooperation with state and local partners, is setting aside funding and will be making grants to assess workforce needs in the U.S. Virgin Islands, Puerto Rico, Florida, and other states in response to Hurricane Irma, the agency announced.
Economic Development and Commerce Secretary Manuel A. Laboy-Rivera announced today that the agency has activated rapid response services under the Workforce Development Program to provide guidance and services to employers and displaced workers affected directly or indirectly by hurricane Irma.
Gov. Ricardo Rosselló offered an update in the wake of the side-wipe Hurricane Irma gave Puerto Rico Wednesday, confirming progress in the recovery of services and utilities.
Due to the hurricane warning issued for Puerto Rico and the U.S. Virgin Islands ahead of the passage of Hurricane Irma, Puerto Rico Gov. Ricardo Rosselló, will ask President Donald Trump, to declare a state of emergency for the Island prior to the disaster.
The Puerto Rico Economic Development Bank and the Justice Department announced Thursday the signing of a Memorandum of Understanding that will streamline processes, increase administrative efficiency and strengthen enforcement efforts related to the Property Registry for both agencies.
The Financial Oversight and Management Board for Puerto Rico notified Gov. Ricardo Rosselló and the Legislature that the compliance certification issued by government Aug. 1 regarding the recently passed Act 47, failed to provide the required formal estimate of the law’s fiscal impact.
Puerto Rico Trade and Export will host on Sept. 6-7 a multi-sector business event, “Expo Puerto Rico 2017” at the Puerto Rico Convention Center.
The Financial Oversight and Management Board for Puerto Rico filed in the U.S. District Court for the District of Puerto Rico an “Adversary Complaint for Declaratory and Injunctive Relief” seeking to enforce the certified Commonwealth’s Fiscal Plan.
Puerto Rico Public-Private Partnership Authority Executive Director Omar Marrero announced that due to “high interest” from consulting firms, the agency has re-opened the Request For Qualifications (RFQ) process through Sept. 6.
Gov. Ricardo Rosselló announced the creation of the third and final sub-working group as part of the Front for Puerto Rico to address the federal tax reform and how these changes may affect the Island, La Fortaleza announced.
Troubled by reports of more than $30 million in expenses after one year of operations, U.S. Reps. José Serrano and Nydia Velázquez sent a letter to the Financial Oversight and Management Board for Puerto Rico expressing concerns over the lack of transparency and independent supervision related to its spending decisions.
A delegation of four Puerto Rican businesses achieved sales of $5.4 million during the most recent trade mission to Peru that took place Aug. 7-11 coordinated by Puerto Rico Trade and Export Company, agency Executive Director Ricardo J. Llerandi confirmed.
Treasury Secretary Raúl Maldonado-Gautier announced that net revenues recorded to the General Fund in July, when Fiscal Year 2017-18 began, totaled $649.4 million.
The Puerto Rico Institute of Statistics offered details of the new methodology used by the Puerto Rico Trade & Export Company to estimate the value of the island's retail sales starting in October 2016.
The United States government will notify the Financial Oversight and Management Board by Oct. 6 if it will defend the constitutionality of PROMESA.
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