Given the lack of up-to-date data for Puerto Rico’s economic activity, local startup Abexus Analytics has turned to unconventional data sources to gauge the performance of the economy during the COVID-19 crisis. The findings are included in a report titled “The Economy is not reserved for Economists,” which takes a technical tour of the issues […]
The Department of Economic Development and Commerce opened the call for Request for Qualifications to identify potential candidates to develop the proposed $300 million Puerto Rico Ocean Technology Complex (PROTech) in Yabucoa. Economic Development Secretary Manuel Laboy unveiled the master plan for the project that also involves the Puerto Rico Land Administration. “PROTech is an […]
Reconstruction projects in Puerto Rico for Hurricane María recovery efforts continue with the assignment of more than $18.5 million in additional funds for 77 projects approved by the Federal Emergency Management Agency and the Central Office for Recovery, Reconstruction, and Resilience, or COR3. The funds were awarded between June 26 and July 1, of which […]