3 nonprofits split $398K donation from United for PR
October 31, 2017
Boys and Girls Club de Puerto Rico, Fundación de Esclerosis Múltiples de Puerto Rico, Inc., and Humanitarian Assistance Cooperative Housing Foundation will split close to $398,000 from United for Puerto Rico, a private nonprofit organization established after Hurricane Irma to fundraise for devastated island communities.
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Destilería Serrallés resumes rum production in Ponce
October 31, 2017
Destilería Serrallés Inc., producer of Don Q rums, has resumed its production and export operations after a brief disruption caused by Hurricane María’s path through Puerto Rico, the company confirmed.
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FEMA approves TSA for PR residents displaced by María
October 30, 2017
The Federal Emergency Management Agency and the government of Puerto Rico announced that Transitional Sheltering Assistance is available to Puerto Ricans who are unable to return to their homes because they are displaced as a result of Hurricanes Irma and María.
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PREPA: Nulling Whitefish contract is ‘4-month setback’
October 30, 2017
The government’s decision to cancel the contentious $300 million contract with Montana-based Whitefish Energy will set back restoring Puerto Rico’s power fully by about four months, Puerto Rico Electric Power Authority Executive Director Ricardo Ramos said Sunday.
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Direct Relief brings $21M in meds, medical goods to PR
October 30, 2017
Direct Relief, which for the past eight years has been supporting a network of nonprofit community health centers in Puerto Rico, delivered $21 million in medicines and medical products to the island over the weekend, the company confirmed.
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Sacred Heart U. offers free online courses to PR students
October 30, 2017
Sacred Heart University in Santurce, in partnership with the Faculty Resource Network, New York University (NYU) and the University of Cincinnati, has developed an online program, free of charge, for university students who were affected by Hurricane María.
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50+ towns use Rock Solid accounting systems thru crisis
October 30, 2017
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.
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CNE: PR must ‘leapfrog’ into renewed, resilient island
October 27, 2017
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.
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Triple-S focuses on restoring health services post storm
October 27, 2017
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.
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TOTE plays ‘critical role’ in delivery of relief goods to PR
October 27, 2017
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.
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‘After yrs of worrying about it, PR has finally hit bottom’
October 26, 2017
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.
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OBoard names Chief Transformation Officer for PREPA
October 26, 2017
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.
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Act 20/22 investors launch $16M loan program in PR
October 26, 2017
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.
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73% of PR banks open 5 weeks after María’s devastation
October 26, 2017
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.
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Total PR anticipates ‘marked changes’ in PR fuel market
October 26, 2017
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.
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