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 […]
Puerto Rico Economic Development Bank President Luis Alemañy announced the creation of the Center for Economic Studies to benefit of small- and mid-sized businesses, entrepreneurs and investors. The expectation is that through this center, the bank can regularly publish certain economic and financial metrics from the macroeconomic point of view but landing on the micro […]
The Puerto Rico Economic Development Bank recently distributed $764,593 among four towns to retain a total of 800 direct and indirect jobs, the agency announced. EDB President Luis Alemañy confirmed that funding has been awarded to the municipalities of Lajas, Añasco, Moca and Yauco. This, as part of the Small Business Financing program managed by […]