Following President Barack Obama’s announcement of his intention to revisit the proposal to increase the federal minimum wage to between $9 and $10 an hour starting in 2015, the Puerto Rico Manufacturers Association on Thursday raised a warning flag over the possible effects the hike could have on local companies given the island’s economic situation.
Surprises abounded this fall when the 1,300-member Puerto Rico Manufacturers Association sponsored its first official mission to Cuba to learn about potential business opportunities there.
The Puerto Rico Manufacturers Association will be hosting a forum to discuss business opportunities in Cuba on Aug. 2, in anticipation of an educational mission to the Caribbean island nation, trade group President Waleska Rivera announced.
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