The rate hike that the Puerto Rico Electric Power Authority and its bondholders are proposing would further erode the island’s economy and set back its recovery, members of the island’s private sector claimed Monday.
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QUOTE OF THE WEEK:
“As noted by the robust establishment of tech leaders both big and small in Puerto Rico, the island is emerging as a prime destination for investment in the technology industry, driven by a trifecta of government incentives, common U.S. business rules and a skilled workforce.”
— Carlos M. Meléndez, Vantor vice president of operations, Wovenware founder and Forbes Technology Council member
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