US lawmakers ask OBoard for energy reform plan for PR
September 14, 2017
Four members of U.S. Congress representing both political parties sent a letter to chairman of the Financial Oversight and Management Board for Puerto Rico, requesting details of the Board’s energy reform plan for the island following the devastation of Hurricane Irma.
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Rosselló confirms shipment of supplies to BVI
September 14, 2017
Gov. Ricardo Rosselló confirmed that Puerto Rico will send three planes to the British Virgin Islands to deliver essential supplies after the devastation caused by Hurricane Irma.
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1M P.R. residents ‘potentially’ affected by Equifax breach
September 14, 2017
A little more than 1 million Puerto Rico residents could potentially be affected by the cybersecurity breach unveiled by credit information firm Equifax late last week, Consumer Affairs Secretary Michael Pierluisi said.
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Metro Pavia, Auxilio Mutuo tend to hurricane victims
September 14, 2017
The Metro Pavia Health System and the Auxilio Mutuo Hospital are pitching in to Puerto Rico’s Hurricane Irma relief efforts by opening collection centers and offering healthcare services to those injured by the storm locally, as well as in the neighboring islands.
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Oriental to waive late fees for September loan payments
September 14, 2017
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.
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NY-based startup looks to bring solar street lights to PR
September 14, 2017
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.
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Green Energy Fund application deadline set for Oct. 27
September 14, 2017
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.
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Moody’s: Hurricane Irma further cripples PREPA
September 13, 2017
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.
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PR becomes ‘transient hub’ for tourists across Caribbean
September 13, 2017
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.
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US Dept. of Labor to help in Hurricane Irma recovery
September 13, 2017
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.
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PR economic activity down 2.1% year-over-year in July
September 13, 2017
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.
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PR auto sales show 5.9% growth in August
September 13, 2017
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.
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Frente por PR continues to lobby DC lawmakers
September 13, 2017
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.
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Sir Richard Branson: P.R., Rosselló have been ‘fantastic’
September 12, 2017
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.
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PRMA: PR has food for 1 month, needs a better PREPA
September 12, 2017
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.
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