Given the current economic crisis, many businesses could be desperately seeking new sources of revenues to support their cash flow needs and overall operations. However, this is not necessarily the right moment to kick off new projects or to launch new products. The situation rather calls for actions that will solidify the financial position of […]
It is the public understanding that the Financial Oversight and Management Board for Puerto Rico (FOMB) is “tasked with working with the people and government of Puerto Rico to create the necessary foundation for economic growth and to restore opportunity to the people of Puerto Rico.” Furthermore, its express statutory mandate includes that “at any time submit […]
Ponce Health Sciences University (PHSU) will soon break ground on a new academic building. With an investment of $72 million, this project will generate 485 direct and 1,090 indirect jobs in Puerto Rico. The new development is part of a larger-scale campus expansion that includes a parking garage and student housing and other projects; an […]