1st phase of PR government’s ‘Assets Map’ unveiled
December 15, 2017
The Puerto Rico government's main economic development agency unveiled Thursday the first phase of the Asset Map, created to attract new investment, create jobs and promote economic development in different regions of the island.
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Rosselló meets with Democratic Hispanic Caucus to talk federal tax reform
December 14, 2017
Gov. Ricardo Rosselló met with the Democratic Hispanic Caucus in Congress to discuss the effects that the federal tax reform will have on the island and the need for Puerto Rico to receive equal treatment in the supplementary relief bill, after the disaster caused by Hurricane María.
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PR power utility unveils team charged with transforming island’s energy grid
December 13, 2017
The Puerto Rico Electric Power Authority (PREPA) announced Wednesday the names of 11 utility industry leaders who will serve as founding members of PREPA’s Transformation Advisory Council (TAC).
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PR, NY governors, lawmakers call on feds to approve $94B in aid for PR
December 12, 2017
Gov. Andrew M. Cuomo, Gov. Ricardo Rosselló and members of the New York Congressional delegation called on the federal government to immediately approve a $94.4 billion federal aid package to “rebuild a stronger, more resilient Puerto Rico.”
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Central Recovery and Reconstruction Office launches RFPs
December 11, 2017
The Central Recovery and Reconstruction Office (CRRO) has been formally established under the umbrella of the Puerto Rico Public-Private Partnerships Authority, and over the weekend announced a series of requests for proposals to establish policies and procedures of the new office.
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Rosselló unveils $100M municipal Recovery Fund
December 8, 2017
Following the back-to-back strikes by Hurricanes Irma and María, Puerto Rico’s municipal governments, for the most part, represented the first line of response to the emergency, prompting the central government to unveil a $100 million fund to support their work.
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Puerto Rico ‘Emprende’ Academy kicks off to promote entrepreneurship
December 7, 2017
Gov. Ricardo Rosselló announced Wednesday the creation of the Puerto Rico “Emprende” Academy, an initiative aimed at developing a “strengthened, streamlined and innovation-oriented Puerto Rican entrepreneurial class.
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Private sector backs Rosselló’s call urging Congress to insert PR in U.S. tax reform
November 28, 2017
Representatives from Puerto Rico’s private sector agreed Monday to back Gov. Ricardo Rosselló’s urgent call to Congress to treat the island as a U.S. — not foreign — jurisdiction in the federal tax reform currently being discussed.
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PR Taskforce members call on Republicans to extend tax provisions for island
November 16, 2017
With ongoing negotiations over tax reform, Members of the Congressional Hispanic Caucus Puerto Rico Taskforce sent a letter to Republican leaders in Congress urging the inclusion of tax provisions that will help rebuild Puerto Rico.
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Rosselló to Congress: US citizens residing on the island need equal treatment
November 14, 2017
Puerto Rico Gov. Ricardo Rosselló urged Congress to consider Puerto Rico in the federal tax reform and to include the island in the Supplemental Disaster Relief Package that will attend the different natural disasters registered in the nation to ensure equal treatment for American citizens residing on the island.
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Gov. gives small businesses 5-week sales tax hiatus
November 9, 2017
Puerto Rico Gov. Ricardo Rosselló signed several executive orders to boost the economy, including one that exempts small and medium enterprises from collecting Sales and Use Tax on the sale and purchase of inventory.
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‘Frente por Puerto Rico’ continues meetings in D.C.
November 2, 2017
Gov. Ricardo Rosselló, visited U.S. Congress, along with former governors Pedro Rosselló and Aníbal Acevedo-Vilá, as part of the “Frente por Puerto Rico’s” mission to achieve the island’s inclusion in federal legislation related to healthcare, tax reform, and disaster recovery after hurricanes Irma and María.
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González: PR population to dip under 3M within a year
October 26, 2017
Puerto Rico’s population will dip under 3 million within a year — for the first time since the mid-1970s — if current rates of emigration continue, warns Jenniffer González-Colón, the island’s resident commissioner in Washington.
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PR gov’t balks at suspension of passport services
October 24, 2017
Secretary of State Luis Rivera-Marín expressed his dissatisfaction Monday with the interruption in passport services the U.S. Department of State ordered, which forces Puerto Rico residents to request the service in Miami.
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PR gov’t unveils 6 P3s in energy, education, maritime
October 17, 2017
Puerto Rico government officials announced Monday the first six public-private partnerships to modernize and diversify power generation and transmission; transform the quality of life of the public university system; fix parkings; and to improve and expand the island’s maritime transportation system.
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