OFG Bancorp announced that its Oriental Bank subsidiary will not charge late-payment fees for September loan payments, extending the grace period for a maximum of another 30 days.
New York-based clean tech company EnGoPlanet, which produces Smart LED Solar street light poles and Smart Solar Benches announced it will work with local communities to deliver its off-the-grid solar solutions to areas affected by Hurricane Irma.
The State Office for Energy Public Policy (OEPPE, by its initials in Spanish) announced it has postponed the deadline to apply for Green Energy Fund incentive to Oct. 27.
Hurricane Irma will have negative implications for the Puerto Rico Electric Power Authority’s liquidity and cause further delays to its debt restructuring plans, Moody’s Investors Services predicted in a report released Tuesday.
Puerto Rico’s tourism infrastructure has allowed the island to resume regular operations of hotels, sites and attractions this week and has become a transient hub for travelers across the Caribbean who had planned September vacations, government officials said.
The U.S. Department of Labor, in cooperation with state and local partners, is setting aside funding and will be making grants to assess workforce needs in the U.S. Virgin Islands, Puerto Rico, Florida, and other states in response to Hurricane Irma, the agency announced.
Puerto Rico’s economic activity took a 2.1 percent dive in July 2017, when compared to the same month last year, according to the Economic Activity Index released by the Puerto Rico Fiscal Agency and Financial Advisory Authority and the Government Development Bank.
Puerto Rico’s car dealers sold 7,209 new vehicles in August, representing a 5.9 percent year-over-year growth, the United Group of Automobile Importers said.
The Frente por Puerto Rico’s subcommittee on tax reform on Tuesday visited 11 U.S. House and Senate offices asking for Puerto Rico’s inclusion in the federal tax reform.
Sir Richard Branson — one of the world’s most recognizable business magnates, investors and philanthropists — has also now become the face and force behind the reconstruction of the British Virgin Islands, which were virtually erased from the map last week after Hurricane Irma struck.
Members of the Puerto Rico Manufacturers Association gathered Monday to provide a status report on the island’s essentials, which include about a month’s supply of food and enough propane and diesel to meet the island’s needs.
The Ferries del Caribe Foundation announced it has established a support system for the victims of Hurricane Irma, particularly on the islands of Tortola, San Martin and St. Thomas.
Telecommunications provider AT&T announced Monday is donating another $1.4 million to hurricane relief, which includes a $1 million matching donation to Team Rubicon, $150,000 to Telecoms Sans Frontieres, a group that is working to reestablish connectivity for emergency responders and communities in the Caribbean, and $250,000 to local charities in states impacted by Irma.
The Puerto Rico Chamber of Commerce (CofC) announced Monday it is opening a collections center at its Old San Juan headquarters to help patients from Puerto Rico and the Caribbean affected by Hurricane Irma.
To help those affected by Hurricane Irma, Molson Coors has donated $25,000 to the American Red Cross disaster relief efforts in the Caribbean and Puerto Rico.
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