The latest report by the Puerto Rico Economic Development Bank’s Center for Economic Studies confirmed that increases in fuel prices are “affecting business operations and daily life,” agency President Luis Alemañy said. The price of any good can spike when it’s cost of production increases, inventories are scarce or its market demand is on the […]
Fitch Ratings announced it has upgraded First BanCorp’s (FBP) Long-Term Issuer Default Rating to ‘BB’ from ‘B+,’ with a stable outlook. “The upgrade primarily reflects Fitch’s review of FBP’s blended operating environment score as well as the resiliency of FBP’s financial profile despite the significant challenges in Puerto Rico’s operating environment over the past several […]
Puerto Rico’s hospitality and entertainment businesses are facing a challenge of great proportions, as we continue the economic reopening that we all long for. In the quest to get more people vaccinated, the protection recommendations issued by our government and health leaders are confusing and inconsistent, causing many residents and visitors to lower their guard, […]
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
