8 P.R. co.’s get ‘golden tickets’ to sell to Walmart in the U.S. mainland
June 20, 2018
Eight local companies will start exporting their products to Walmart stores in the U.S. mainland, representing at least $9 million in revenue and new job creation, representatives from the companies and the mega-retailer confirmed.
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Moody’s: P.R.’s economy will shrink 6-7% in ’18
June 12, 2018
Following a contraction of 6.2 percent in 2017, Moody’s Credit Standards and Strategy Group expects Puerto Rico’s economy to shrink by another 6 percent to 7 percent this year, with some rebound in the second half of the year, supported by rebuilding activity.
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Expert: Labor reform, expanded tourism would steer P.R. economy forward
June 4, 2018
The Puerto Rican economy would get a full point of economic growth with proper labor market reforms, and would largely benefit from an expanded tourism industry, which currently represents 6 percent of the island’s GNP.
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