One of the key issues raised during the discussions was the lack of a structured industrial recycling system in Puerto Rico. #NewsismyBusiness
Despite increased revenues compared to last year, restaurants face rising costs and reduced sales, leading to price increases and staffing adjustments. #NewsismyBusiness
The Economic Development Bank stated the restaurant sector broke job-creation records.
The trade group released the “Proyecciones 2022” study.
Puerto Rico’s restaurant industry has taken a significant hit as a result of the COVID-19 pandemic, losing about $352 million from January to September 2020, down 23.6% from the same period in 2019, the Puerto Rico Restaurants Association revealed. The trade group known as ASORE commissioned research firm Inteligencia Económica to analyze the economic toll […]
The Puerto Rico Restaurants Association sent a letter to Gov. Wanda Vázquez asking her to ease the conditions under which they will operate after the current Executive Order restricting economic activity to curb the spread of COVID-19 expires on Aug. 15. In the letter, the trade group — which represents about 4,500 local commercial establishments […]
Puerto Rico’s restaurant industry generated more than $1.9 billion in 2019, a decrease of 6.5% compared to 2018, according to an economic study commissioned by the Puerto Rico Restaurants Association, or ASORE in Spanish. The decrease was attributed to a loss in population and the lack of family income growth. The research was conducted a […]
Puerto Rico Restaurants Association Chair José Salvatella urged local eateries to complete the necessary steps to be able to pass on the reduced sales and use tax rate to consumers, who are increasingly eating out. During an interview on the “En Una Hora” radio program on 11Q 1140 AM, in which News is my Business […]
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