Santander U.S. announced it has taken immediate steps to assist customers affected by Hurricane Irma, pledging $100,000 to aid relief organizations.
Liberty Puerto Rico and its business division, Liberty Business, installed a special telecommunications infrastructure free of charge at the Puerto Rico Convention Center to receive thousands of travelers from neighboring Caribbean islands struck by Hurricane Irma.
Internet giant Google raised $2 million in less than 24 hours to help victims of Hurricane Irma, which tore through the Caribbean last week, leaving a trail of destruction and thousands of affected people who need urgent help.
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.
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.
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.
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.
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.
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