All posts by José Alvarado Vega
FOMB Determined to Get Prepa RSA Confirmed
Controversial Plan Would Compound Electricity Prices After U.S. District Judge Laura Taylor Swain finally approved last week the amended plan of adjustment (POA), settling the bulk of Puerto Rico’s public debt, the commonwealth’s Financial Oversight and Management...
- Posted January 27, 2022
FOMB Sues Governor Over Pension Law Implementation
Contends Added Retirement Benefits for Public Employees ‘Unaffordable,’ Endangers POA
- Posted December 22, 2021
U.S. Regulators Grapple with Booming Crypto Industry
SEC Struggles to Oversee Digital Currencies
- Posted December 18, 2021
Proposed Prasa P3 Project Cancelled
Fontanés: Improving Finances Make Private Management of Utility ‘Unnecessary’
- Posted December 9, 2021
Title III Creditors Come Out Better Under Promesa
FOMB Report: Average Claim Recovery Is 69 Percent
- Posted December 2, 2021
Foundation for Puerto Rico CEO Launches Center for Strategic Innovation
Coalition Looks to Provide Social, Economic Solutions; to Be Led by Alexandra Lúgaro
- Posted September 22, 2021
Prasa Issues $1.66 Billion in Refunding Bonds
Prasa Executive President Doriel Pagán Crespo added that through the “successful pricing” of the bond deal, Prasa achieves average debt service savings of approximately $22 million per year.
- Posted August 19, 2021
LUMA Adamant Despite Adverse Rulings
While LUMA Energy assured last week that it has improved services for most customers in its public-private partnership with the Puerto Rico Electric Power Authority (Prepa), the island’s Popular Democratic Party (PDP)-controlled Legislative Assembly continues its respective...
- Posted August 12, 2021
Tech Firms Urged to Join Gov’t Register
SAN JUAN – The Puerto Rico Innovation & Technology Service Office (PRITS) announced Wednesday the issuing of a request for information (RFI) to evaluate entities interested in providing “technological, innovation and communications” to Puerto Rico government agencies. ...
- Posted August 5, 2021
Tentative Labor Deal Reached to Open Key San Juan Pier
SAN JUAN – The commonwealth government announced recently that a preliminary agreement was reached between stevedore company Luis Ayala Colón Sucrs. Inc. (LAC) and Local 1740 of the International Longshoreman’s Association (ILA) to put an end to...
- Posted August 5, 2021