The Department of Economic Development and Commerce announced support for seven Puerto Rico-based companies in the food and textile production sector, whose total investments are close to $3.1 million and the creation of more than 700 jobs. The agency is supporting the expansion of Productos Chebo’s, Amasar LLC, Farm City, and Productos La Finca, which […]
In a prepared message and flanked by Financial Oversight and Management Board for Puerto Rico officials, Gov. Wanda Vázquez unveiled a sweeping incentives package to help individuals and small businesses handle the effects of the COVID-19 shutdown, now entering its second week. While 134,200 central government employees will continue to receive their paychecks, private-sector workers, […]
As one of the early applicants under Laws 20 and 22 of 2012, I can attest there was a certain apprehension towards potential changes to the laws that supposedly would be immutable. There was a perception that government had a history of changing the game and not honoring the letter, and even more important the […]