Study: Hurricane María unmasks PR’s poverty, whose face is female
December 19, 2017
When Hurricane María hit Puerto Rico it uncovered the poverty that exists in the island, which makes it the poorest United States jurisdiction.
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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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Economic firm: Hurricanes revealed PR’s ‘broken’ infrastructure
November 24, 2017
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.
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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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At AEI panel, economists debate PR’s post-María future
November 8, 2017
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.
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Op-Ed: Hurricane María has shifted our entire focus
October 1, 2017
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.
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Moody’s: PR’s fragile economy faces new risks post-María
September 26, 2017
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.
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Rosselló creates last subgroup in ‘Front for Puerto Rico’
August 28, 2017
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.
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OBoard opens call for critical infrastructure projects
August 24, 2017
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.
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US Rep. Velázquez releases report on PR’s economy
August 9, 2017
Rep. Nydia M. Velázquez (D-NY) released Tuesday a report titled, “A Discussion on the Future of Puerto Rico’s Economy.”
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Foundation for PR to develop 1st visitor economy profile
July 24, 2017
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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Velázquez, experts discuss ways to spur PR’s recovery
July 19, 2017
U.S. Rep. Nydia M. Velázquez (D-NY) hosted Tuesday a panel of experts and other members of Congress for a roundtable discussion on unlocking the keys to stimulating economic growth in Puerto Rico.
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Tourism: Cruise passenger arrivals up 47% YOY in May
June 30, 2017
Record highs were recorded in total cruise ship passenger traffic in May, with 95,139 visitors arriving, representing a 47 percent jump from the 64,632 passengers reported in May 2016, Tourism Co. Executive Director José Izquierdo said.
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Op-Ed: It’s not just PROMESA…
June 13, 2017
In Puerto Rico we have focused so much on the Puerto Rico Oversight, Management and Economic Stability Act (PROMESA) that we seem to have forgotten that we are part of a much larger economy beyond our 100x35 and that what happens there has an impact on us.
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Jaresko urges manufacturers to ‘be part of the solution’
June 2, 2017
Financial Oversight and Management Board for Puerto Rico Executive Director Natalie A. Jaresko urged local manufacturers to be an “active part of the island’s turnaround."
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