Puerto Rico has surged to the top of the global job market, ranking first worldwide in employer hiring intentions for the third quarter of this year. According to the latest ManpowerGroup Employment Outlook Survey, the island shared the top global spot exclusively with India, outpacing major international economies and marking a historic milestone for the […]
In a divided vote, the House of Representatives approved legislation to dismantle the island’s independent Minimum Wage Evaluation Commission and restore full authority over wage‑setting to the Legislature, a move that immediately triggered warnings from minority lawmakers that workers will be left behind. House Bill 1115 now heads to the Senate as the governing New […]
But leaders warn talent shortages, rigid labor laws could stall progress Puerto Rico’s private equity sector is experiencing its most dynamic period in decades, propelled by a favorable legal framework, a strong pool of Act 60 investment entities, and a growing class of managers running sophisticated global strategies from the Island. But industry leaders caution […]
In a pair of key legislative updates, the Financial Oversight and Management Board (FOMB) has given its preliminary blessing to two controversial legislative proposals. In letters sent on Thursday, June 4, 2026, to House Speaker Carlos “Johnny” Méndez Núñez, FOMB Executive Director Robert F. Mujica Jr. confirmed that both a sweeping overhaul of Puerto Rico’s […]
The Puerto Rico Manufacturers Association bets on Human Capital and AI to Keep Puerto Rico’s Manufacturing Edge.
Business groups support the measure, saying panel is biased and operates without full representation Leaders from the island’s main labor unions urged lawmakers on Monday to reject House Bill 1115, a measure that would repeal Law 41-2021—commonly referred to as the Minimum Wage Law—and shift minimum-wage authority back to the Legislative Assembly. Union representatives told […]
Puerto Rico continues to strengthen its position as a manufacturing hub with the announcement of a new multimillion-dollar industrial operation in Humacao focused on consumer, medical, and hygiene products. Governor Jenniffer González Colón announced the establishment of Onovexa LLC alongside Department of Economic Development and Commerce Secretary Sebastián Negrón Reichard and Jorge “Tato” González Camp, […]
When attorney Juan Manzano Trujillo opted to forgo the traditional law firm structure seven years ago to establish a solo legal practice, he knew he was trading business support for autonomy Law firms typically provide attorneys with paralegals, administrative staff and research assistance. As a solo practitioner, Manzano writes his own motions, conducts depositions and […]
