What’s the better IRA for you?
April 4, 2019
[SPONSORED POST] It’s tax season, and you are looking for a tax relief. An IRA could be the perfect option for you, and it will help you save for your retirement and at the same time it would give you that relief that you are looking for. Before you choose a product, it is important […]
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Op-Ed: What is the new alternate basic tax for individuals?
April 2, 2019
This is the time of the year in which individuals receive financial information to prepare their individual income tax return. Understanding what changes were enacted through new legislation, and how each affects each particular situation, is not an easy task. Therefore, be aware of relevant changes applicable to tax years beginning after Dec. 31, 2018, […]
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Op-Ed: PREPA’s 20-year plan conflicts, undermines long-term renewables goal
April 1, 2019
Last month, the Puerto Rico Electric Power Authority filed its long-anticipated integrated resource plan – a 20-year plan for the transformation of the island’s power generation system – with its regulator, the Puerto Rico Energy Bureau. In the plan, PREPA details various scenarios for the build-out of generation infrastructure and a five-year action plan of […]
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PRiMEX launches exports program with selection of 12 Puerto Rican co.’s
April 1, 2019
Twelve companies were selected to participate in a new export program launched by the Puerto Rico Manufacturing Extension Inc. As part of the program each participant will receive 60 hours of free training, coaching and educational materials with which entrepreneurs can create their export plan and implement them with PRiMEX’s support. The main objective of […]
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Op-Ed: SBA celebrates Women’s History Month by promoting female entrepreneurship
March 19, 2019
In celebration of Women’s History Month, the Small Business Administration salutes women entrepreneurs who have taken risks in pursuit of their passions and who view setbacks or challenges as just another step to achieve something greater. Our agency and regional office, as well as our district offices throughout New York, New Jersey, Puerto Rico and […]
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Op-Ed: In P.R.’s federal funds stalemate, both sides have share of responsibility
March 6, 2019
With the ubiquitous discussion as to the fate of the colossal federal funding currently being disbursed by the Federal Emergency Management Agency and the $8 billion-plus CDBG-DR funds by U.S. Housing and Urban Development, the court of public opinion has already placed warnings on the recipient, the government of Puerto Rico. But in all fairness, […]
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Op-Ed: SBA ignites small business, fueling economic engine, creating more jobs
March 5, 2019
Economic vitality means tomorrow will be better than today. Small business owners across the Atlantic Region of New York, New Jersey, Puerto Rico and the U.S. Virgin Islands are currently witnessing record-setting growth; it’s a boon to the backbone of the American economy. With more than 97 percent of businesses in the United States being […]
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Op-Ed: The Jones Act…Again
March 4, 2019
In a recent issue of News Is My Business (NIMB) an Op-Ed piece summarized a new study on the impact of the cabotage law on Puerto Rico. It is better than all previous ones, according to the co-author of the study, who modestly attributes this to the fact that they interviewed importers and not because […]
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Op-Ed: The problem with Vieques/Culebra ferry is 50 yrs of ‘criminal mismanagement’
March 1, 2019
In referring to the unfortunate ferry debacle last weekend resulting in the resignation of Director Juan Maldonado, Vieques Mayor Victor Emeric, was right — the problem is not the misuse of an idle cargo ferry, it’s the 50 years of criminal Maritime Transportation Authority (ATM, for its initials in Spanish) mismanagement that has plagued the […]
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Op-Ed: The burden of the Jones Act
February 28, 2019
Our firm, Advantage Business Consulting, just concluded a study on the impact of the Jones Act on Puerto Rico that is much better than the two studies commissioned by the Jones Act Carriers (JACs) or even the one prepared by the General Accounting Office (GAO). It is not that we are geniuses at Advantage. It […]
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Op-Ed: PREPA privatization plan overlooks unionized workers as best asset
February 26, 2019
Puerto Rico’s Senate and House of Representatives are finalizing an energy policy bill that amends the existing privatization plan for the Puerto Rico Electric Power Authority. One of the remaining issues is whether to require future private utility owners to honor existing PREPA collective bargaining agreements with labor unions. The legislature should protect these agreements. […]
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Op-Ed: PREPA’s new Integrated Resources Plan ‘crucifies’ P.R. with natural gas
February 15, 2019
The new draft of the Puerto Rico Electric Power Authority’s Integrated Resources Plan (IRP) proposes to crucify Puerto Rico with natural Gas off-shore and land-based ports, negatively impacting the island’s marine ecology and multiple species. The plan proposes the construction of marine terminals and gas-pots in the bay of San Juan, Yabucoa, Mayagüez and possibly […]
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Ford Motor Co. named global sustainability leader In water, climate change efforts
February 11, 2019
Ford Motor Company received an “A” grade for its water security efforts from CDP, the environmental impact nonprofit that drives sustainable economies. This marks the fourth year in a row Ford has earned an A from CDP for its water management efforts, the company said. Ford is one of fewer than 30 companies globally to be […]
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Op-Ed: Home solar and batteries, turning the world right side up
February 4, 2019
“In the eye of the hurricane there is quiet; for just a moment…” Lin-Manuel Miranda We all remember the aftermath of María: polluting and strident generators, scarce fuels and price speculation, unbreathable air and darkness; the longest blackout in US history. We lost thousands, the poorest and the elderly being the hardest hit. The world […]
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Op-Ed: Is FEMA using flawed indicator in decision-making process in P.R.?
January 25, 2019
For decades, government officers and academia have indicated that the problem for doing research in Puerto Rico has been the lack of access to data. Paradoxically, regarding Puerto Rico, today we find ourselves with statistical independence threatened by political forces and with questionable data analysis produced by some organizations. Is inaccurate data analysis common in […]
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