March 22, 2019
Casino Metro unveils $2M expansion, adds 41 new slots and 8 gaming tables
March 22, 2019
CNE’s Black Start Summit gathers leaders to rethink island’s outdated energy model
March 22, 2019
P.R. gov’t officials evaluate U.S. Treasury proposals to transform property tax system
March 21, 2019
Scotiabank sues Metropolitan Bus Authority for $32M loan default; seeks embargo of buses
March 21, 2019
P.R. population not displaced by hurricanes for now — It’s the economy, study says
ECONOMY
CNE’s Black Start Summit gathers leaders to rethink island’s outdated energy model
The Center for a New Economy, which has analyzed Puerto Rico’s energy sector for 15 years, convened local and international leaders to rethink the island’s outdated energy model and define a new vision for a sustainable energy future during its “Black Start: The Future of Energy Summit” at the Puerto Rico Convention Center in San Juan. This in the aftermath of Hurricane María, which destroyed Puerto Rico’s electric infrastructure and required the island to reactivate its entire energy system — a process known as a “black start.” “Black Start is the first in a&n
TOURISM
CORPORATE LADDER
AUTO
P.R.’s new car sales up 13.1% year-over-year in February
Puerto Rico’s new car sales reflected a 13.2 percent year-over-year increase in February, the United Automobile Importers Group revealed. The group known as GUIA for its initials in Spanish, rep
Ford, Gravity Sketch explore new tool for designing vehicles to meet customers’ needs
From a desk at the Ford Design Studio, a designer enters a virtual room and begins a 3D sketch. He is designing a virtual car around himself and adjusting the attributes to best suit him – the driv
New car sales up 28.4% in ’18, when 107K+ units rolled off P.R. lots
Puerto Rico’s new car sales received a significant boost last year, when a total of 107,941 units sold, compared to the 84,080 units sold in 2017, representing a 28.4 percent increase. However,
ENVIRONMENT
Resident Commissioner Jenniffer González-Colón introduced H.R. 1014, known as the “Offshore Wind for Territories Act,” a bipartisan legislation that would amend federal law to study the potential for offshore wind energy development in the U.S. exclusive economic zone adjacent to Puerto Rico and the rest of the U.S. territories. Over the past few years, there has been consensus around the need to modernize Puerto Rico’s power infrastructure by introducing more renewable energy sources, which would in turn reduce its impact on the environment and increase its efficiency. At present, only 2 percent of the island’s ele
