Survivors of Hurricanes Irma and María in Puerto Rico have until June 18 to apply for individual or family assistance from the Federal Emergency Management Agency, FEMA announced.
The Edison Electric Institute presented ITC Holdings Corp. and WEC Energy Group with special recognitions.
Florida-based MasTec Inc. has signed a $500 million master services agreement with the Puerto Rico Electric Power Authority to complete the restoration of the critical electrical transmission and distribution system components damaged as a result of Hurricane María.
Puerto Rico’s Economic Activity Index, released by the Economic Development Bank, reached a level of 119.9 in April 2018.
The Puerto Rico Community Foundation and the Puerto Rico Primary Health Association formalized an alliance to provide solar energy systems to primary health clinics — 330 Centers — to be overseen by the latter nonprofit.
Oriental Bank has launched a new digital platform that seeks to make it “fast and easy” for small and medium-sized Puerto Rico businesses to apply for and manage commercial credits through the life cycle of their relationship.
Four months after announcing it had agreed to acquire Wells Fargo’s auto finance business in Puerto Rico, which operates as Reliable Financial Services Inc., Banco Popular de Puerto Rico confirmed it has filed a notice with the Federal Reserve System to close the deal.
U.S. Customs and Border Protection said its operations in Puerto Rico and the U.S. Virgin Islands are “ready to secure and facilitate travel for thousands of passengers departing to and arriving from international destinations.”
Drugstore chain Walgreens announced that FedEx Express package pickup and drop-off services are now available at 107 of its locations in Puerto Rico, as part of the growing FedEx OnSite network.
The Puerto Rican economy would get a full point of economic growth with proper labor market reforms, and would largely benefit from an expanded tourism industry, which currently represents 6 percent of the island’s GNP.
Insurance company MCS has joined the “Casa Segura, Puerto Rico Recovery” educational campaign, under the slogan: “Educate yourself, get ready and act."
Developer McCormack Baron Salazar, in a public-partnership with the Puerto Rico Department of Housing, unveiled the new $41.3 million Bayshore Villas mixed-income apartment community in Old San Juan, near Bahía Urbana.
The Federal Emergency Management Agency has awarded nearly $219 million in additional Public Assistance grants for Hurricane María recovery in Puerto Rico, it announced.
Looking to promote the island’s economy, WEPA!BOX PUERTO RICO made its official market debut Thursday as a subscription-based service through which buyers will get a monthly package with an assortment of locally produced goods.
As the Puerto Rico Senate approved Bill 1011 to repeal Law 80 of 1976, with a number of amendments, the Financial Oversight and Management Board for Puerto Rico released a 2,000+ page document on labor reform, that called the long-standing mandate “part of the problem.”
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