In an effort to learn how the COVID-19 crisis affected its membership, the Puerto Rico Chamber of Commerce and Inteligencia Económica have launched an initiative to measure the effects of the economic crisis created by the pandemic and the government-mandated curfew. Several economists have estimated the effect of the pandemic on the Puerto Rican economy […]
A survey of 450 businesses in Puerto Rico revealed that about 92% of them will be unable to continue making payroll, as the island enters its third week of a sweeping government-mandated lockdown to contain the spread of the COVID-19 virus. Furthermore, 85% of the businesses surveyed do not have a contingency fund, and 59% […]
The U.S. Small Business Administration is working with the U.S. Department of Homeland Security and the Information Technology Coordinating Council to attract respondents to a confidential cybersecurity survey for small and mid-sized businesses. “Cyber-attacks are a growing concern for small business owners and our economy. The SBA is encouraging entrepreneurs to participate in this survey […]