News Puerto Rico Economy: Popular CEO: Puerto Rico Economy Shows “Momentum” as Bank Eyes Loan Growth and Capital Returns
Popular (NASDAQ:BPOP) CEO Javier D. Ferrer said the Puerto Rico economy continues to show “momentum” and described a broad-based recovery that the bank expects to support loan growth and ongoing profitability initiatives. Ferrer spoke during a fireside chat in which he also addressed capital strateg
News Puerto Rico Economy: SEE IT: Puerto Ricans reject 51st state push as residents fear taxes could skyrocket
Puerto Ricans largely rejected becoming the 51st state, citing fears of higher taxes, economic turmoil and losing their cultural identity in interviews.
News Puerto Rico Economy: How Bad Bunny made Puerto Rico’s economy boom during hurricane season
San Juan, Puerto Rico (CNN) — It was a “mind blowing” idea, Jorge Perez remembers, two years after he first heard it: Bad Bunny wasn’t going to tour the US. In August 2023, Perez – a tourism official ...
News Puerto Rico Economy: Puerto Rico Seeks a Brighter Economic Future. Tourists Welcome
Nestled in the Cayey mountains, a little over an hour’s drive from San Juan, sits the municipality of Aibonito. To get there you leave Puerto Rico’s sandy beaches behind and take a winding road that snakes through miles of rain forest before reaching the area’s semitropical ecosystem, 2,400 feet above sea level. The damp, temperate climate is ideal for agriculture, and for decades horticulture was Aibonito’s major industry. Not anymore. In these hard times few people buy flowers.
News Puerto Rico Economy: Economists warn of stalled growth, uncertainty for Puerto Rico
Analysts: Tariffs, inflation and U.S. policies are shaping a weak outlook. #NewsismyBusiness - Stay updated with the latest Puerto Rico business news, economy insights, finance, retail, tourism, and more from News is my Business.
News Puerto Rico Economy: Royal Caribbean turns ships away from Puerto Rico amid protests
Unrest in Puerto Rico is now so severe, it's steering cruise ships away from the island. "The governor has to realize that he's not only impacting the lives of Puerto Ricans, but he's also impacting ...
News Puerto Rico Economy: Scandal Engulfing Puerto Rico's Governor Affecting Island Tourism
... plaguing the administration of Puerto Rico's Gov. Ricardo Rosselló continues to spark protests and calls for his resignation, it's also having a negative effect on one of the island's most ...
News Puerto Rico Economy: “Chatgate” scandal casts shadow on Puerto Rico’s economy
The Empress of the Seas, a cruise ship with 1,840 passengers, was headed to the port of San Juan, Puerto Rico’s capital, yesterday for a stopover when it suddenly did an about-face, heading instead to ...
News Puerto Rico Economy: Puerto Rico oversight board to take local governments under its wing
SAN JUAN (Reuters) - Puerto Rico's financial oversight board on Thursday unexpectedly ... as well as programs to improve revenue collection and boost economic development. Central government subsidies ...
News Puerto Rico Economy: Trump continues to mislead on immigration and Puerto Rico disaster funding
Not only has Puerto Rico not received $91 billion ... causing an estimated $160 billion in economic damage. During his rally, the President also made two false statements about the immigration process ...
News Puerto Rico Economy: Puerto Rico oversight board extends reach to island's municipalities
SAN JUAN (Reuters) - Puerto Rico’s federally created financial oversight board ... as well as programs to improve revenue collection and boost economic development. The board also certified a new ...
News Puerto Rico Economy: Board Extends Power to Cover Puerto Rico's 78 Municipalities
The board lowered its predicted surplus and economic growth for Puerto Rico in the near future. It said local officials have not implemented several reforms and that the U.S. government has been slow ...