Puerto Rico is among the more than 1,700 U.S. communities with at-risk critical infrastructure assets. #NewsismyBusiness
The Senate rejected House Bill 1557, leaving the STR sector without clear regulations. #NewsismyBusiness
The programs provide support during disasters and personal hardships, improving productivity. #NewsisimyBusiness
The Puerto Rico Hotel and Tourism Association agrees with the Senate’s decision, while Airbnb said it represents a setback. #NewsismyBusiness
The group said the bill should be withdrawn or rejected so that it may be “responsibly reworked” during the next legislative session in 2025. #NewsismyBusiness
Puerto Rico’s food industry is subject to additional inflationary pressures. #NewsismyBusiness
Research shows that the AI disruption in labor markets will be substantial, affecting most companies, industries and workers. #NewsismyBusiness
Puerto Rico banks such as Banco Popular, FirstBank and Oriental Bank have moved to reduce or eliminate overdraft/NSF fees in recent years. #NewsismyBusiness
The commercial real estate (CRE) market faced a challenging year in 2023, experts say. #NewsismyBusiness
Business people and investors generally feel less confident during election years, bracing for the possibility of policy changes that might affect them negatively. #NewsismyBusiness
Knowing how to manage a brand’s reputation and navigate the perils of cancel culture is a must for brands striving to survive and thrive in this environment. #NewsismyBusiness
The Fed compared banks based in Puerto Rico with a control group of U.S. banks on the mainland to better understand how extreme weather disasters affect bank stability and their ability to lend. #NewsismyBusiness
Statista sees Puerto Rico inflation closing at 2.89% this year and falling to 1.15% in 2024, and going back up in 2025 to 1.91%. #NewsismyBusiness
Earlier this quarter, experts released their holiday sales projections and consumer spending trends for the 2023 season. #NewsismyBusiness
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