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From left: Carmen Vega-Fournier, president of the Economic Development Bank; Nydza Irizarry-Algarín, secretary-designate of the Department of Labor; Norberto Almodóvar, deputy secretary of the Permits Management Office; Sebastián Negrón-Reichard, secretary of the Department of Economic Development and Commerce; and Eric Santiago-Justiniano, executive director of the Puerto Rico Industrial Development Co., meet with members of the press to discuss results of the first three months in office.
Featured, Government
DDEC outlines results of 1st 100 days, focusing on reshoring, creating jobs
Michelle Kantrow-Vázquez April 9, 2025

The government’s entire economic development component has been working on a reshoring strategy to attract manufacturing back to U.S. soil. #NewsismyBusiness

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Featured, Government
PRIDCO has 152 vacant buildings, 378 unused lots in inventory
Michelle Kantrow-Vázquez March 9, 2021

The Puerto Rico Industrial Development Company (known as PRIDCO) has an inventory of more than 500 lots and properties currently vacant across the island, this media outlet confirmed. When broken down, the inventory includes 152 vacant properties with a combined capacity of more than 2.4 million square feet, and 378 unused lots spanning a combined […]

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QUOTE OF THE WEEK:

“In today’s environment of heightened uncertainty, consumers are encouraged to prioritize financial prudence, disciplined expense control and effective budgeting to mitigate further stress on their finances.

 

A ‘wait-and-see’ approach may serve the Fed, but not consumers.”

 

— Leslie Adames, director of analysis and economic policy, Estudios Técnicos

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