While the fiscal entity is satisfied with the fiscal reforms, it’s unlikely that Puerto Rico can come back to the markets while there still no PREPA deal available During the fifty-first (51st) meeting of the Financial Oversight and Management Board (FOMB), the board’s executive director, Robert Mujica, emphasized the importance of implementing reforms to the […]
Puerto Rican engineer José Domingo Pérez Muñiz warned during a climate change conference that rising global temperatures and increasingly extreme weather events are intensifying risks for infrastructure and vulnerable communities in Puerto Rico and around the world.
The U.S. Small Business Administration (SBA) announced the launch of the Patriot Pitch Competition, a national initiative designed to celebrate 250 years of free enterprise in the United States while spotlighting small businesses driving innovation, job creation and economic growth. The competition, part of the Freedom 250 initiative, will award a total of $1 million […]
Metro Puerto Rico reported growth in its digital audience reach in Puerto Rico
EDGE Legal LLC announced the addition of Lauracelis Roques-Arroyo as partner leading the firm’s Litigation and Appeals practice
Governor Jenniffer González Colón announced the allocation of more than $43 million in state funding to support roadway rehabilitation projects in approximately 11 municipalities, part of a broader infrastructure effort aimed at improving safety, mobility and community access across Puerto Rico.
With a 15 to 9 vote, the Digital Assets Market Clarity Act or Clarity Act cleared the markup session vote at the Senate Banking Committee and is now headed to the full Senate. While the primary fight between the banking industry and crypto sector was around what type of rewards can crypto exchange platforms offer […]
Puerto Rico’s economic growth is slowing as federal recovery funding loses momentum and long-standing structural challenges persist, according to the latest quarterly report from the Financial Oversight and Management Board.
LUMA Energy is proposing a credit program aimed at helping residential housing developers offset potential increases in construction costs tied to updated engineering standards required by the company, according to information reported by Metro Puerto Rico. Reinaldo Baretty Huertas, LUMA’s director of engineering standards, said the proposed credits would be tied to a project’s contribution […]
