Puerto Rico’s retail sales reached $3 billion in August, representing a 11.5% year-over-year increase, which government officials attributed to the economic reopening in the midst of the COVID-19 pandemic. This represents the third increase reported in retail sales so far in 2020, said Department of Economic Development and Commerce Secretary Manuel Laboy, citing the agency’s […]
The economic platforms presented by the candidates running for governor of the island “leave much to be desired,” Alba Brugueras-Fabre, president of the Puerto Rico Economists Association (AEPR, in Spanish) said, after evaluating each of the plans. In a report, the professional association said the platforms of the six candidates: “are reduced to a list of […]
The U.S. Department of Justice gave its consent to Liberty Latin America’s acquisition of AT&T’s wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands but required Liberty to sell off certain B2B operations that are part of their footprint in Puerto Rico. Liberty Latin America expects a preliminary court order in the […]
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