Gov. Luis Fortuño signed the law approving a $304 million bond issue to finance several infrastructure projects, mainly road improvements, planned throughout the island.
The once manufacturing-centric town of Cidra will see another of its industrial tenants shutting down in August, as a result of Wednesday’s announcement by Ciba Vision that it will cease production of its Specialty Soft line of contact lenses there.
The number of bankruptcy cases filed in May reflected a year-over-year 14 percent drop, with a total of 970 cases filed, research firm Boletín de Puerto Rico said Tuesday.