Gov. Ricardo Rosselló and Economic Development and Commerce Secretary Manuel Laboy confirmed the launch of the Single Business Portal, a new tool that facilitates the process to carry out business in Puerto Rico.
This week, government officials confirmed six public-private partnership projects in the pipeline representing a combined $1.5 billion in investments in Puerto Rico’s infrastructure.
The government’s "Dale Tijera" initiative launched March 12 has already resulted in the elimination of 116 regulations, Puerto Rico Secretary of State Luis Rivera-Marín said.
Gov. Ricardo Rosselló’s administration has put together a list of incentives granted to different sectors and companies that do not offer a return on investment to the public coffers, and will recommend their elimination.
During his trip to California this week, Puerto Rico Gov. Ricardo Rosselló, met with top Facebook, Uber, and Sunrun executives to generate an interest from them to collaborate, establish, or expand their operations on the island.
Puerto Rico Gov. Ricardo Rosselló submitted his vision for a new tax model to the island’s Legislative Assembly aimed at encouraging work and create economic development through changes to the Internal Revenue Code.
A group of Puerto Rico Sales Tax Financing Corp. (known as COFINA in Spanish) stakeholders expressed concern about the government’s alleged release of inaccurate information about Sales and Use tax (SUT) collections.
During his second State of the Commonwealth address since taking office, Puerto Rico Gov. Ricardo announced a new tax model to phase out the Business to Business (B2B) and plans to cut the Sales and Use Tax on processed foods from 11.5 percent to 7 percent.
The Puerto Rico Institute of Statistics filed a motion at the San Juan Superior Court reiterating its request for declaratory judgment and injunction requested following the legal controversy that arose last summer, related to the composition of its Board, which has not yet been resolved.
We appreciate the statement of the Oversight Board on the desirability that the Puerto Rico Institute of Statistics is maintained as a public, independent and separate instrumentality from the government of Puerto Rico.
The Health Insurance Services Administration, or ASES, which runs the Health Reform program for the medically indigent, announced it has received the approval from the Centers for Medicare and Medicaid Services for contracts with insurers that manage the government’s health plan and corresponding policies for the current fiscal year.
The American Statistical Association (ASA), the world’s largest community of statisticians, together with leaders of the Puerto Rican scientific community and more than 1,800 petition signers are urging Puerto Rico’s legislature and Gov. Ricardo Rosselló to keep its statistical agency independent.
The Puerto Rico Private Sector Coalition, which represents more than 30 local professional organizations, on Monday argued that given the island’s circumstances post-Hurricane María and the potential impact of government measures, it is “critical” to have a body that ensures the independence and transparency of metrics and statistics to provide complete, reliable, and fast statistics.
Reactions from the public and private sector poured in Thursday on the Revised Fiscal Plans for the government of Puerto Rico, the Puerto Rico Electric Power Authority and the Puerto Rico Aqueduct and Sewer Authority presented to the Financial Oversight and Management Board for Puerto Rico for certification.
Puerto Rico Institute of Statistics Executive Director Mario Marazzi questioned the government’s plans to consolidate that public agency with the sole purpose of outsourcing its services down the road.
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