Latest News

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  Being Vigilant of the 7 Benchmarks to end 2022

  We are just about to end the fourth quarter of 2022, and the year has not turned out to be as economically expansive as most hoped; with that in mind, we are updating our expectations for the...

  • Posted November 22, 2022
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  Inflation Heading Down, What Happens Now?

  The Four Benchmarks to review that confirm inflation may be trending down As the Consumer Price Index fell more than anticipated to 7.75%, the markets reacted with intense gusto recording the best gains in two years. However,...

  • Posted November 14, 2022
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  The Six Factors to Expect during the end of 4Q22

  We are deep within the fourth quarter we thought it prudent to offer some thoughts as to what we should expect to end the fourth quarter and the year 2022. As pessimism persists and other questions about...

  • Posted November 10, 2022
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  Puerto Rico Banks Deliver strong earnings, beating most banks

  Puerto Rico Banks Transformed their operational model The Puerto Rico Bank peer group has transformed its operational model to adjust to periods of macroeconomic uncertainty with its robust CET1 ratio, profitable business model, and strong asset quality....

  • Posted November 9, 2022
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  US Congress Discrimination affecting the Puerto Rico’s Healthcare Ecosystem

  The market dynamics that changed the Healthcare Ecosystem as we know it.  The coronavirus pandemic has been the most impactful “Exogenous Schock” to affect the world’s health and economic sectors. The COVID-19 outbreak threw hospital systems throughout...

  • Posted November 8, 2022
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  MCS contributes over $5 million to support member healthcare

  The insurer distributed the amount among 409 community pharmacies in its network Press Release October 31, 2022. San Juan. MCS distributed over $5 million in performance bonuses among those pharmacies that are part of its Pharmacy Quality...

  • Posted November 7, 2022
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  Droguería Betances Launches 60th Anniversary Ad Campaign

  Droguería Betances has launched a new advertising campaign, “60 Reasons to Celebrate,” as part of its 60th anniversary. The campaign highlights elements that have distinguished the company over the years. Established in Caguas in 1962, Droguería Betances...

  • Posted October 31, 2022
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  Jones Act Waivers During Emergencies

  For years, the Food Marketing, Industry and Distribution Chamber (Spanish acronym MIDA) has joined other private sector organizations raising awareness of the impact the cabotage laws have on our economy and in our emergency preparedness. The Merchant...

  • Posted October 24, 2022
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  Puerto Rico Food Industry Helps Communities in Aftermath of Hurricane Fiona

  Over three-quarters of a million dollars in aid to communities affected by Hurricane Fiona has been allocated by a variety of Puerto Rico food industry companies. According to Manuel Reyes Alfonso, the executive director of the Marketing,...

  • Posted October 24, 2022
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  Lopito Ileana & Howie (LIH): 50 Years of Creativity

  In 1972, three entrepreneurs-Lopito, Ileana and Howie-got together in a garage to start a creative boutique. These young, visionary risk takers encouraged creativity in all areas of the business. Today, their namesake advertising agency is celebrating 50...

  • Posted October 22, 2022
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  Is Economic Growth Possible in a Democracy?

  What has happened to Liz Truss, the new prime minister of the United Kingdom, poses a question that is crucial to us in Puerto Rico, and throughout the world – whether democracy, after all, is the best...

  • Posted October 22, 2022
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  An Inconvenient Truth Regarding Puerto Rico

  For 12 hours on September 20, 2017, Hurricane Maria struck Puerto Rico and paralyzed its economy. For months, the island was submerged in darkness, without electricity, water, and in silence without communications. H. Calero Consulting Group, Inc....

  • Posted October 21, 2022
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  Time to Turn the Page

  After surviving a tumultuous five-year period that has included the effects of fiscal restructuring, Hurricane María, seismic Lactivity and Hurricane Fiona, it is time to turn the page for Puerto Rico. I have argued recently that we...

  • Posted October 21, 2022
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  Walgreens to Donate $1 Million to Aid Communities Impacted by Hurricanes Ian and Fiona

  Walgreens giving $500,000 each to Florida Disaster Fund and American Red Cross Hurricane Fund to support relief efforts; Company also making product donations to assist communities in need Press Release Walgreens is supporting storm relief efforts in...

  • Posted October 7, 2022