In the face of the crisis that Puerto Rico has suffered after Hurricane María, software development company Rock Solid Technologies opened its doors to municipal governments and private clients to use its accounting systems to perform tasks, such as: payroll, purchase orders, disbursements, requisitions and accounts payable, the company confirmed.
Returning to the status quo that existed prior to Hurricane María will not be enough for Puerto Rico: the island must seek to leapfrog into a renewed development platform, generating a profound retooling and modernization of its productive and institutional infrastructure.
The wake of destruction left by Hurricane María demanded a refocusing on the part of Triple-S to address the pressing needs of its most vulnerable patients, providers, insured groups and communities, company officials said.
Future Farm Technologies Inc. announced Thursday a joint venture between Future Farm and TCG Investments, LLC, owners of the Clínica Verde brand of medical cannabis dispensaries to open five locations in Puerto Rico.
TOTE Maritime, through its partnerships with diverse organizations and individuals such as Monica Puig and the American Red Cross, is playing a leading role in the delivery of relief cargo to Puerto Rico.
Puerto Rico’s population will dip under 3 million within a year — for the first time since the mid-1970s — if current rates of emigration continue, warns Jenniffer González-Colón, the island’s resident commissioner in Washington.
The impact of the back-to-back hurricanes — Irma and María — on the island has pushed Puerto Rico to “finally hit bottom,” said José Rafael Fernández, CEO of Oriental Financial Group Wednesday, upon announcing the bank’s third quarter results.
In the wake of the controversy swirling around the $300 million contract the Puerto Rico Electric Power Authority awarded Whitefish Energy to rebuild the network post-Hurricane María, the utility has been assigned a “Chief Transformation Officer” to oversee the work.
Puerto Rico residents and Act 20/22 decree investors Toby Neugebauer and Charlie Hamilton announced a long-term partnership with microfinance organization Grameen America to support women entrepreneurs on the island.
Five weeks after Hurricane María pummeled Puerto Rico, about 72.6 percent of local bank branches, or 228, have resumed operations, according to data from the Office of the Financial Institutions Commissioner.
Puerto Rico’s fuel market has had to adjust rapidly to the dramatic rise in diesel fuel demand since Hurricane María struck on Sept. 20, which in the case of Total Petroleum is five times higher than prior to the storm.
As a way to contribute to Puerto Rico’s recovery in the wake of Hurricane María, Autopistas Metropolitanas de Puerto Rico (“metropistas”) investment partners Abertis and Goldman Sachs announced a $1 million donation toward hurricane relief efforts on the island.
Pharmaceutical company Amgen, which has a multi-building complex in Juncos, released third quarter results Wednesday, where it confirmed it is back to full operations five weeks after Hurricane María hit Puerto Rico.
As early as next week, Puerto Rico’s U.S. passport service office will resume operations, Resident Commissioner, Jenniffer González confirmed.
Grupo Ferré Rangel, a Puerto Rico-based family office known for its focus on high-growth companies, has launched a new wholly owned subsidiary, Kingbird Properties, to expand its real estate portfolio in the U.S. and Latin America, the company announced.
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