With less than two weeks to go before the next hurricane season, we must inevitably ask ourselves, are we ready to cope with the continuing consequences of Hurricane María, the challenges of the recent earthquakes in the South, a pandemic, and the possible impact of a hurricane in the coming months? Strong emotions can surface […]
One of the topics that interests me the most and that I have always wanted to promote inside and outside my professional life is the importance of building sustainable economies, that is, working together to establish local economies that are economically and environmentally responsible. To understand it better, sustainable economic growth is economic development that […]
Before occupants return to a building that has been vacated for a significant period of time, building owners, managers and operators should complete a variety of pre-return checks, tasks, and assessments to ensure a healthy and safe environment, and to guarantee the continuity of operations. On this next phase of recovery, companies should focus on […]
COVID-19 has been a powerful experience for most of us in Puerto Rico. After living through a Category-4 hurricane in 2017 and earthquakes earlier this year, we now are in the midst of a pandemic whose economic and social impact has changed the world. We have been shaken to the core with another unprecedented challenge […]
The coronavirus pandemic has slowed the global economy in a matter of weeks and has led companies and brands with strong reputations and market sales to a state of panic. Stock markets have gone to never seen before lows and companies have stayed in self-preservation mode. In times of crisis such as the one we […]
I have lived in Puerto Rico for a little more than seven years. In that time, I have experienced the island go through Chikungunya, Zika, a Commonwealth bankruptcy, hurricanes, earthquakes and now COVID-19. The Puerto Rican people are resilient. They have been through so much, they just know they have to endure to survive. Prior […]
The Puerto Rico real estate market has taken a pause and awaits the return of buyers, who are sure to be enticed with low interest rates, investor incentives, the possible revival of the pharmaceutical industry, and thoughts of living in a tropical, social-distancing safe haven. When will the market get the green light to handle […]
Risk communication is far from crisis communication, although they can often be confused. Risk communication occurs when there is a potential threat, risk or danger that affects the general public such as a hurricane or pandemic. At that time, companies, governments and organizations should take the initiative to find the best resources and sources of […]
Suddenly, Zoom meetings are as ubiquitous as your morning coffee. Beyond that, now hanging out with friends staring at your computer, virtual parties, concerts and tours are in our new everyday lives during the COVID-19 pandemic. Suddenly we’re living in a dystopian world that still seems as far-fetched as when we watched movies like “Contagion.” […]
For eight years, Puerto Rico has painted a picture of itself as a welcome refuge in the United States for residents of the 50 states to come do business. Acts 20 and 22 have brilliantly painted that picture and have helped to drive more business, spending, and jobs into the Puerto Rican economy. The only […]
During Women’s History Month, the U.S. Small Business Administration (SBA) pays tribute to women-owned businesses throughout the nation and reiterates its commitment to expand opportunities and alternatives to strengthen small businesses led by female entrepreneurs. Women-owned businesses continue to grow at an increasingly fast rate. To help support women in their business endeavors, the SBA […]
As one of the early applicants under Laws 20 and 22 of 2012, I can attest there was a certain apprehension towards potential changes to the laws that supposedly would be immutable. There was a perception that government had a history of changing the game and not honoring the letter, and even more important the […]
The threat of coronavirus/COVID-19 is real. Today, every organization must be prepared to face its consequences, whether due to a possible outbreak between its employees or the closure of operations to avoid being a source of contagion. There is much that is unknown about COVID-19. In the event of a possible emergency, we will have […]
For several years we have been talking about transfer pricing in Puerto Rico. What is transfer pricing? In a simple way, we could define it as the price that an entity charges to a related entity for goods and services, when they are each in different jurisdictions. Then, why is this subject more important now […]
Creating a culture of innovation is one of the most important things a company can do to ensure that it continues to evolve and prosper. But the right environment must exist for bright minds to continue presenting intelligent ideas that solve customer problems. These are the three key ingredients to help create a culture of […]
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