Agriculture Secretary Defends Coffee Price Increase Amid Farmer Complaints
Agriculture Secretary Irving Rodríguez Torres defended the increase in the minimum price of 100% Puerto Rican coffee from $18 to $22 per almud, citing…
News
Puerto Rico Business News
Oct 4–6 · page 21
Stories, page 21
LUMA Denies Responsibility for Recent Electricity Rate Increase
LUMA Energy vice president José Pérez rejected that the company is directly responsible for the recent increase in electricity costs.
Lost Your Job? Steps to Take to Recover
Losing a job unexpectedly can cause financial and emotional uncertainty, especially with financial commitments and the holiday season approaching.
Puerto Rico Milk Production Rose 13% in Fiscal 2023-24 Despite Heat and Fewer Dairy Farmers
Milk production in Puerto Rico grew 13% in fiscal year 2023-2024 despite extreme heat, a smaller population and fewer dairy farmers.
Dough and Chocolate Cortés Launch New Cookies Inspired by Puerto Rican Flavors
Dough and Chocolate Cortés have collaborated to launch two new cookies inspired by traditional Puerto Rican flavors: hot chocolate and quesito.
Western Puerto Rico Paradores Urge Stricter Enforcement of Short-Term Rental Laws
Owners of small inns (paradores) in Puerto Rico's western region renewed their call for the government to tighten enforcement of laws regulating short-term rentals…
Autocentro Toyota Celebrates 30 Years in Puerto Rico
Autocentro Toyota is celebrating 30 years in Puerto Rico, marking three decades of growth, leadership, and commitment to customers since its opening on August…
Four Seasons Puerto Rico and Dorado Beach Receive Michelin Key
Four Seasons Resort and Residences Puerto Rico and Dorado Beach, a Ritz-Carlton Reserve, have received the Michelin Key, an international distinction awarded by the…
Coffee Industry Faces New Price Increase
Following the Department of Consumer Affairs' (DACO) announcement of a price increase for coffee, Érika Reyes, president of the Escuela de Café y Baristas…
Military Boot Maker PR Footwear to Open Operations in Lares, Creating Up to 300 Jobs
A factory producing military boots and tactical footwear will begin operations in Lares, projecting up to 300 full-time jobs over the next three years…
Senator Proposes Fee Relief for Cargo Truckers Without Knowing the Fiscal Cost
Senator Roxanna Soto Aguilú has filed Senate Bill 1503, which seeks to give economic relief to cargo transporters, but the fiscal analysis of the…
School Bus Operators Demand Payment of About $9 Million Owed by Education Department
School transportation providers took to the streets in a protest on Monday over a multimillion-dollar debt the Puerto Rico Department of Education owes for…
Rising Fuel Prices Squeeze Puerto Rico’s Taxi and Rideshare Drivers
Rising fuel prices are forcing Puerto Rico's transportation sector to find new ways to operate more efficiently.
New Travel Habits Open Up Opportunities for Puerto Rico’s Tourism Industry
Shifting traveler habits could open up new opportunities for Puerto Rico's tourism industry, particularly in segments focused on wellness, local experiences, and short stays…
Boccado’s Divino: A Business Dream That Crossed the Sea
Víctor Manuel Lebrón Guzmán, a Dominican immigrant, arrived in Puerto Rico 24 years ago and has since become the owner of the successful restaurant…