Gov. Alejandro García-Padilla detailed Thursday the progress of his administration’s strategies to revive the island’s economy, saying among other things that the private sector has already pledged to create 15,896 of the 50,000 he vowed to lock down in the first 18 months of his tenure.
The Puerto Rico Treasury Department will begin a round of visits to San Juan metropolitan area businesses today to monitoring compliance of the Sales and Use Tax (known as IVU in Spanish).
Reliance on cloud computing services has become a growing trend among companies looking to cut down their costs by paying for what they consume — technologically speaking — while streamlining operations. In Puerto Rico, cloud computing related activity is already estimated at $300 million, and is expected to continue growing over the next decade.
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