Puerto Rico’s Resident Commissioner in Washington, Jenniffer González-Colón, has filed legislation to extend indefinitely the application of Internal Revenue Code Section 199 in Puerto Rico, together with co-sponsors congressmen Carlos Curbelo (R-Florida 26), John Lewis (D-Georgia 5) and José Serrano (D-NY 15).
On a non-seasonally adjusted basis (NSA), the Purchasing Managers Index for Puerto Rico’s manufacturing sector edged down to 49.1 in November, suggesting a contraction in the sector with respect to the previous month.
Two of the most recognized brands in the Puerto Rican market have joined forces to create a new cold, ready-to-drink Cortés Chocolate product, that is 100 percent manufactured in Puerto Rico and combines Chocolate Cortes’ rich consistency with Suiza’s fresh milk.