DACO launches ‘Ojo al Precio’ to oversee online sales
December 10, 2025
Operation targets digital marketplaces to ensure clear, accurate price disclosures under Regulation 9158. #NewsismyBusiness
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Puerto Rico comptroller: Oversight of tax decrees lacking
March 6, 2024
An audit revealed gaps in compliance and regulation for incentives under acts 20 and 22. #NewsismyBusiness
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Nonprofit Sembrando Sentido unveils gov’t procurement oversight platform
February 10, 2021
Nonprofit organization Sembrando Sentido launched the “Contratos en Ley” online platform that monitors and evaluates the public procurement processes in Puerto Rico. The organization seeks to prevent the “misuse of hundreds of millions of dollars of public funds due to corruption and inefficiency in the hiring processes,” it said in a press release. ContratosEnLey.org is the […]
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Obama announces 7 members of P.R. fiscal control board
August 31, 2016
President Barack Obama announced Wednesday the appointment of seven individuals to the Financial Oversight and Management Board for Puerto Rico, including former Commonwealth administration officials.
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PROMESA advances to House floor; CNE won’t endorse
May 26, 2016
The PROMESA Act (H.R. 5278), the bill aimed to address Puerto Rico’s debt crisis, passed in the U.S. House Natural Resources Committee Wednesday with bipartisan support from lawmakers.
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U.S. Congress submits revised Puerto Rico legislation
May 19, 2016
The U.S. House of Representatives submitted late Wednesday H.R. 5278, the “Puerto Rico Oversight, Management, and Economic Stability Act,” which includes several revisions to the original bill proposing an oversight board and a debt-restructuring framework for the island.
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U.S. Republican lawmakers release oversight board bill
April 13, 2016
The House Committee on Natural Resources released H.R. 4900, the “Puerto Rico Oversight, Management, and Economic Stability Act” (known as PROMESA), co-sponsored by Committee Chairman Rob Bishop (R-UT) and Rep. Sean Duffy (R-WI).
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