While Puerto Rico needs to jumpstart its job market and create new sources of employment, the Financial Oversight and Management Board for Puerto Rico’s proposal to align the island’s labor landscape with that of the U.S. mainland “misses critical points of the [island’s] very particular economy.”
As a precautionary measure due to the shortage of foods and supplies thanks in large part to Hurricane María on the island, large chain supermarkets, Econo and Selectos have opted to be better prepared for the upcoming hurricane, set to affect Puerto Rico as soon as this Monday.
America Cruise Ferries, the company that connects Puerto Rico and the Dominican Republic by sea, has signed a letter of intent with the Puerto Rico Ports Authority to invest some $15 million to redevelop Piers 15 and 16 at the San Juan port.