The Puerto Rico Agriculture Department has allocated $1 million to create an incentive program that would help mitigate the effects the drought has had on livestock in 17 municipalities of the island. Agriculture Secretary Carlos Flores-Ortega signed an order authorizing the Agricultural Enterprises Development Administration (ADEA, for its initials in Spanish,) to create a mitigation […]
Gov. Ricardo Rosselló has signed Act 60-2019, known as the “Puerto Rico Incentives Code,” which will establish a new process for granting and overseeing all of the government’s allocated incentives. Among the new incentives is the Student Savings Plan Program through which the government will establish an account and deposit $1,000 for each kindergarten student […]
Discover Puerto Rico, the island’s Destination Marketing Organization, marked its one-year anniversary, announcing that tourism is the strongest it’s ever been, as the destination tracks toward a record-breaking year. Year-to-date revenue is the highest in the island’s history, with $445 million reported through May, Brad Dean, CEO of Discover Puerto Rico, said. The island has […]