Monday, August 8, 2022

Latest News

  • FOMB to Impose Own Budget

    Legislative Leaders Quarrel Over Failure to Meet Deadline Puerto Rico’s Financial Oversight and Management Board (FOMB) was expected this week to certify its fiscal year 2023 commonwealth budget proposal after the island’s Legislative Assembly failed to pass...

    • Posted July 1, 2022
  • T-Mobile Leads in Network Experience Report

    Ranks No. 1 in 5G Performance Categories Wireless communications provider T-Mobile Puerto Rico, or the “Uncarrier,” as the company calls itself, announced that according to Opensignal’s report of the PuertoRico Mobile Network Experience, TMobile’s fifth-generation broadband cellular...

    • Posted June 30, 2022
  • Senate to Investigate CRIM Operations

    Judiciary Committee Files Resolution to Begin Probe Amid the harsh fiscal reality faced by Puerto Rico’s municipalities, Sen. Gretchen Marie Hau, chair of the legislative Committee on the Judiciary, along with Sen. Migdalia González, chair of the...

    • Posted June 30, 2022
  • El Patio de la Cerra: New Hangout for Beer Lovers In Santurce

    Pets Welcomed Santurce has a new beer spot and it is the perfect place to cool customers down during the summer heat. The Patio de la Cerra, located on 851 Ernesto Cerra St. in Santurce, offers a...

    • Posted June 30, 2022
  • Act 154 Tax Substitute Bill on Way to Approval

    Lawmaker Assures Measure Will Pass Despite Senate, House Spat The Puerto Rico Legislative Assembly was in the process this week of passing legislation that would replace the Act 154 of 2010 excise tax of 4 percent on...

    • Posted June 30, 2022
  • THINK STRATEGICALLY: The Causes of the Global Food Shortages

    How the Ukraine Conflict is Impacting Food Supplies As each day goes by, the war between Ukraine and Russia continues to destroy lives, with more than 7.7 million Ukrainian refugees, another eight million displaced within other parts...

    • Posted June 24, 2022
  • Act 60 Advocates:

    Incentives Needed to Make Up for Local High Operating Costs Despite criticism of tax breaks granted to attract investors to Puerto Rico, the incentives, particularly those aimed at luring export businesses and high net worth individuals, have...

    • Posted June 24, 2022
  • Fire
    The Fire this Time

    At the advent of the coronavirus pandemic, as lives were being consumed at wildfire speed, both the health care and the pharmaceutical industries the world over struggled mightily to control the blaze. On the health care front,...

    • Posted June 24, 2022
  • Businesses Reel Over Rate Increases

    Prepa Chief Admits $200M Debt Uncollected; Short-Term Solutions Sought Puerto Rico’s business sectorcame out against a proposal by the island’s power company to increase the per-kilowatt-hour rate to more than 30 cents, or 17 percent. At the...

    • Posted June 23, 2022
  • Effects of Fed Interest Rate Hikes Vary

    The Federal Reserve’s increase Benchmarks interest rates

    • Posted June 23, 2022
  • Mayors Seek to Save Funding

    Meet with FOMB to Iron Out Deal to Avoid Budget Cuts of 70% Puerto Rico’s mayors are in negotiations this week with the island’s Financial Oversight and Management Board (FOMB) to save the Municipal Revenue Collection Center’s...

    • Posted June 16, 2022
  • Microsoft, Puerto Rico Government Sign Collaborative Agreement

    Seek to Train, Certify Unemployed People in Digital Skills The governor of Puerto Rico, Pedro R. Pierluisi, Labor Secretary Gabriel Maldonado-González and executives from technology giant Microsoft have signed a collaborative agreement that provides training for “people...

    • Posted June 16, 2022
  • Puerto Ricans Can Now Search Family History in General Archives

    Institute of Puerto Rican Culture, FamilySearch Connect Puerto Ricans with Ancestors The Institute of Puerto Rican Culture (ICP by its Spanish initials) has announced that to continue increasing the number of digital documents in the General Archives...

    • Posted June 16, 2022
  • Growth Digital Names Puerto Rico Country Manager, Expands to D.R.

    GOOGLE Growth Digital, a digital advertising company and Google Media sales representative in Puerto Rico

    • Posted June 16, 2022