For the fifth year in a row, Puerto Rico’s Center for a New Economy (CNE) has been included in the most recent edition of the 2017 Global Go To Think Tank Index Report published by the University of Pennsylvania’s Lauder Institute.
Puerto Rico’s economic model must change its old ways and look to what has worked for other countries other than the United States to regain traction and truly compete on a global scale, according to an analysis by economic firm H. Calero Consulting.
Given the impact on Puerto Rico’s economy from the onslaught of Hurricanes Irma and María, the collapse of the island’s power system and the changes to the U.S. tax code and its local effect, the Puerto Rico Manufacturers Association is urging the Financial Oversight and Management Board to reconsider its role and objectives.
The new year that began yesterday is already characterized by a high level of uncertainty, largely due to the changes that have occurred and will occur in Puerto Rico’s environment.
When Hurricane María hit Puerto Rico it uncovered the poverty that exists in the island, which makes it the poorest United States jurisdiction.
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.
Hurricanes Irma and María — which clobbered Puerto Rico back-to-back in September — revealed the island’s broken infrastructure, but created a second chance to rebuild, an analysis by economic research firm H. Calero Consulting concluded.
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.
Seven weeks after Hurricane María devastated Puerto Rico, most of its 3.4 million inhabitants still don’t have electricity. And the island’s deeply indebted economy — already in crisis before the storm — is in worse shape than ever, warned a panel of economists meeting Tuesday afternoon in Washington.
Today, days after the monstrous storm, Hurricane María, slammed into our shores with sustained winds of 155 miles per hour, our entire focus has shifted.
The Commonwealth of Puerto Rico is facing new risks and economic uncertainty following the devastation caused by Hurricane Maria last week, Moody’s Investors Service concluded in a report released Tuesday.
Gov. Ricardo Rosselló announced the creation of the third and final sub-working group as part of the Front for Puerto Rico to address the federal tax reform and how these changes may affect the Island, La Fortaleza announced.
The Financial Oversight and Management Board for Puerto Rico announced Wednesday it will begin accepting proposals for projects that address critical infrastructure needs under Title V of the Puerto Rico Oversight, Management and Economic Stability Act.
Rep. Nydia M. Velázquez (D-NY) released Tuesday a report titled, “A Discussion on the Future of Puerto Rico’s Economy.”
The Foundation for Puerto Rico and Estudios Técnicos will work together to develop the first economic model of the island’s visitor economy, which is expected to be ready by September.
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