Luis Pizarro-Otero says the moratorium could help offset the impact of the U.S.-China trade war. #NewsismyBusiness
It is estimated that Puerto Rico businesses pay about $220 million in annual inventory taxes. #NewsismyBusiness
The interim executive director of the regulatory body asks the legislative bodies to review the regulation quickly. #NewsismyBusiness
In a letter to the Puerto Rico Legislature, Tom Sanzillo, director of Financial Analysis at the Institute for Energy Economics and Financial Analysis (IEEFA), urged the House and Senate to reevaluate the ongoing bidding process to privatize operations of the island’s power plants. “We have observed the flaws in the privatization processes of LUMA Energy and […]
The Puerto Rico Legislature should seek to reduce the increasing load of regulatory, administrative and tax obligations thrust on the island's small business sector, urged a candidate to the presidency of the United Retailers Association (CUD, as the trade group is known by its initials in Spanish).
The Department of Justice’s Antitrust Division and the staff of the Federal Trade Commission issued a joint statement Wednesday encouraging the Puerto Rican legislature to consider expanding the services that optometrists can provide.
Looking to avoid further increases in operating costs that prevent the island’s productive sector from contributing to Puerto Rico’s socioeconomic development despite the ongoing fiscal crisis, a group of associations on Thursday asked for a moratorium on the approval of certain labor laws being considered in the Legislature.
WASHINGTON — Vowing he’d refuse to support legislation “that does not respond to the needs of the people of Puerto Rico,” Rep. Luis Gutiérrez (D-Ill.) promised Tuesday he’d do everything in his power to help the island overcome its fiscal nightmare.
The Puerto Rico Senate will put to a vote today Bill 1209, which seeks to establish public policy and regulate the operation of mobile application-based transportation network companies, or TNCs such as San Francisco’s Uber, in Puerto Rico.
A bill seeking to increase the number of associate Telecommunications Regulatory Board members and change the lengths of their tenures from the current three, five and seven-year terms to four years has passed in the House and Senate, paving the way for major changes at the agency.
NIMB ON SOCIAL MEDIA