The Kobre & Kim report on Puerto Rico’s debt crisis shines a light on the corrosive impact of political hiring at various governmental agencies on the island, including at its public electric utility.
More than 30 new entrepreneurs successfully completed the first phase of workshops for the creation and strengthening of self-employment in Guayama, an initiative launched by AES Puerto Rico and the The Trust for the Americas.
Aerostar Airport Holdings, operator of the Luis Muñoz María International Airport in San Juan, confirmed it has invested close to $70 million to repair Puerto Rico’s main air traffic hub.
Puerto Rico is updating its building code and will use a $79 million grant from the Federal Emergency Management Agency to improve enforcement, the agency stated.
The Survey’s statistics refer to the information collected during calendar year 2017 and includes social, economic and housing data for Puerto Rico and municipalities with a population of 65,000 people or more.
The University of Puerto Rico has received nearly $1.5 million from the National Science Foundation to launch a five-year project called “Rise Up,” which will bring together three of its campuses to seek solutions to certain problems that came up after Hurricane María.
The alliance sets off the first phase of the program, which will allow interested people to launch their businesses “quickly and effectively,” the agencies stated.
Officials of the Puerto Rico for Public-Private Partnerships Authority are participating this week in two major industry forums.
Amgen Foundation, the philanthropic arm of biomanufacturing company Amgen, recently awarded the first $1 million in grants as part of its rebuilding efforts in Puerto Rico.
Commencing immediately, the del Sol Foundation — using energy storage technology coupled with rooftop solar arrays — will begin outfitting 500 sites located throughout the island.
The funds cover expenses for emergency protective measures, debris removal and for the Sheltering and Temporary Essential Power Pilot Program.
Popular intends to use the net proceeds from the offering plus available cash to redeem $450 million aggregate principal amount of its outstanding 7.00 percent Senior Notes.
Its agreement with the Tourism Co. also includes professional consultation pertaining to new technology, policy and legislation development, rule writing, field issues, player disputes, and forensic examinations.
Nominations can be submitted by the general public, clients, other practicing lawyers, and marketing teams.
The quality of the associates and treatment were “determining factor” in granting Marriott the recognition, AON stated.
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