The confirmation of Puerto Rico’s debt restructuring plan is one of several positive circumstances that is positioning the island for an economic rebound in coming years, but which will require unity between the public and private sectors. José Rafael Fernández, CEO of OFG Bancorp, said Puerto Rico’s economy is already in a “very different situation” […]
The US Army Corps of Engineers has assigned some $230 million for improvements to the Caño Martín Peña, the San Juan Bay, and the Culebrinas River, as part of the Biden Administration’s Infrastructure Act. Of that amount, $163 million will go to restore the Caño Martín Peña and the nearby areas of the San Juan […]
The Puerto Rico Tourism Co. estimates that the economic impact resulting from the agreements reached during the International Tourism Fair (FITUR, in Spanish) event in Madrid, Spain will surpass $10 million through the potential alliances created. As part of the objectives set for this year, Tourism, together with Discover Puerto Rico and the Puerto Rican […]