Any effort toward something new, strategic or challenging in an organization, usually becomes a project, which involves project management. This requires carrying out many tasks that an operational team often does not have the time to perform, as its main goal is to stay focused on hitting the milestones. Consequently, organizations need to appoint a […]
If during tax year 2020 you moved to or from Puerto Rico, you should know that there are several factors that determine whether the move will imply that you will become a resident or if you will no longer be a resident of Puerto Rico for tax purposes. The definition of residence in the Puerto […]
A few days ago, The Guardian published a serious but accurate story about the aggressive and reckless behavior displayed by some of our nonresident tourists. While the article emphasized the lack of police enforcement as a key concern, it poorly reflects on our destination, potentially affecting the 6,000 businesses and 80,000 employees in our 17 […]
Escuela Superior Madame Luchetti sits in the heart of Condado, surrounded by luxury condominiums offering breathtaking views of Condado Beach. The school’s electric blue columns and period details evoke an image of grandeur now lost to broken windows, graffiti, and uncut grass. Designed in 1906 by famed Puerto Rican architect Antonin Nechodoma, Madame Luchetti is […]
It’s that delicious time of the year — Girl Scout cookie season is here! This time around, you can expect things to be a little different, but our girls are ready to tackle the challenges of COVID-19 and embrace new ways of doing cookie business. Most of us know it as the Cookie Program, but […]
A year ago, my organization was planning to bring about 40 US-based travel advisors to Puerto Rico, so they would have a first-hand look at the many splendors the island has to offer. Doing so gives them knowledge and insights they can share with thousands of consumers relying on them for travel advice. But that […]
When Ricardo Rosselló assumed the governorship on Jan. 2, 2017, he immediately signed an “Infrastructure Reform,” declaring a state of emergency regarding the island’s infrastructure and activated an expedited protocol for the development of projects. He also created an interagency group to coordinate said projects. At that time there was talk of the creation of […]
The Financial Oversight and Management Board for Puerto Rico (FOMB) has until Feb. 10 to present a Plan of Adjustment (POA), or at least a summary of the main terms thereof, to modify the central government’s debts with various groups of creditors. These debts include General Obligation bonds, bonds issued by the Public Buildings Authority, […]
Puerto Rico is facing several simultaneous crises, each one superimposed on top of the other. This situation demands a robust response from the government of Puerto Rico precisely when its capacity to execute is limited by bankruptcy, the politicization of public employment, years of austerity policies, and corruption. This conjunction of an overwhelming agenda and […]
It’s a new day for the United States and Puerto Rico. With a new president and a new governor, Puerto Rico can turn a new page, and continue rebuilding — even better than before. This couldn’t come at a better time. President Biden’s climate and clean energy strategy is the boldest, most far-reaching we’ve ever […]
In Puerto Rico, prior to the COVID-19 pandemic, small and medium businesses (SME) accounted for about 75% of all private employment; and nearly 85% of the 6,000 tourism-related businesses were SME. These facts create an urgency to restore external tourism, as soon as possible. On the other hand, reopening tourism-related businesses and managing their recovery […]
In Puerto Rico’s economy, which has a low level of formal labor participation, structural reform must include reducing barriers to employment. Puerto Rico must improve education and develop high-quality worker training programs that empower all residents to reach their fullest potential and enter the labor force. Knowledge, skills, and competencies are the three attributes that […]
NIMB ON SOCIAL MEDIA