San Juan Cruise Port is now officially the entity in charge of the P3 project that aims to repair, design, build, finance, maintain and operate piers 1, 3, 4, 11-13, and Pan American I and II.
“Customers continue to spend, maybe not at the same pace as during the [COVID-19] pandemic, but it continues to be the motor of the economy in Puerto Rico and in the [mainland] U.S.”
— Ignacio Álvarez, CEO of Popular Inc., on the bank’s first-quarter earnings, which although declined compared to last year’s figures due to industry-wide adjustments, sustained consumer spending remains a positive indicator.