Agreement aims to expand cross-border investment, education and entrepreneurship. #NewsismyBusiness
Agreement establishes joint economic development, small business and trade initiatives between the two capital cities. #NewsismyBusiness
New alliance will also promote the growth of small and medium-sized Puerto Rican businesses. #NewsismyBusiness
The proposed Restructuring Support Agreement for the Puerto Rico Electric Power Authority is not a good transaction for Puerto Rico. Its terms and conditions are overly generous to creditors; it discourages the transition to distributed renewable generation; it is uncertain whether it provides the debt relief necessary to maintain PREPA as a going concern, while […]
The Financial Oversight and Management Board for Puerto Rico, the Puerto Rico Electric Power Authority, and the Fiscal Agency and Financial Advisory Authority have reached an agreement with the Ad Hoc Group of PREPA bondholders.
Puerto Rico Gov. Ricardo Rosselló announced that the Fiscal Agency and Financial Advisory Authority acting on behalf of the Puerto Rico Electric Power Authority has reached an agreement in principle regarding an enhancement of the terms of the restructuring support agreement with the Ad Hoc Group of PREPA bondholders, its fuel line lenders, the monoline insurers and the Government Development Bank for Puerto Rico.
Puma Energy Caribe and Automeca Technical College officially partnered Tuesday to promote professional development opportunities for Puerto Rico’s automotive professionals and the industry in general, executives from both companies said.
Nonprofit environmental organization Para La Naturaleza recently signed a 20-year lease with the Roosevelt Roads Redevelopment Authority to open a visitor’s center at the former naval base in Ceiba.
The Puerto Rico Electric Power Authority announced Tuesday it has executed an amendment to its previously announced restructuring support agreement (“RSA”) with the Ad Hoc Group of PREPA bondholders through Dec. 17, 2015.
The Puerto Rico Electric Power Authority announced Monday it has extended its contract with AlixPartners through March 15, 2016, as the utility continues negotiation discussions with creditors and focuses on implementing a comprehensive transformation.
The Latin American Forum of Telecommunications Regulators (known as REGULATEL for its initials in Spanish) confirmed unopposed a pair of agreements of understanding reached with the Internet Corporation for Assigned Names and Numbers and the Federal Communications Commission under the tenure of its chairman, Javier Rúa-Jovet.
Total Petroleum Puerto Rico Corp. and the U.S. government announced a settlement agreement Monday related to alleged company violations against the Resource Conservation Recovery Act at 31 gas stations in Puerto Rico and four in the U.S. Virgin Islands.
The Puerto Rico Telecommunications Regulatory Board and the Puerto Rico Police Department signed an agreement Monday to step up the fight against copper theft, which represents about $5 million in annual losses for public and private sector companies.
On the heels of its legal victory last week, Doral Financial Corp.’s Economic Advisor Robert Shapiro on Monday urged the government of Puerto Rico to honor the tax agreement upheld by a local court, “for the sake of its credibility.”
The Universidad del Este and the U.S. Small Business administration have partnered to work together on a plan to “create, preserve, and expand” small businesses in Puerto Rico.
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