The Gasoline Retailers Association praised the approval of amendments to Law 3 of 1978, which regulates Puerto Rico’s gasoline sector to ban refineries from directly operating gasoline stations on the island. Among the amendments to the old law achieved through the new Law 60 of 2020 are: Redefining terms such as oil producer, wholesale distributor […]
Six weeks after the partial reopening of restaurant dining rooms after the lockdown called to curb the COVID-19 pandemic, the head of the Puerto Rico Restaurants Association, Marisol Vega, urged operators to uphold safety and hygiene protocols. The group known as ASORE in Spanish established its own set of guidelines based on Center for Disease […]
The U.S. Small Business Administration revealed it has guaranteed nearly 2,000 loans for between $150,000 and $10 million through its Payroll Protection Program in Puerto Rico, totaling a little more than $1 billion as of June 30. These loans are added to the nearly 36,000 SBA-backed loans of less than $150,000, which represent another $741.4 […]
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