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AGP Executive Report

Last update: 8 hours ago

Water & Power Reliability: Puerto Rico’s business community is pushing back hard after water and energy failures hit day-to-day operations, with retailers and restaurants warning the disruptions are eroding investor confidence and forcing extra costs to keep businesses running. Economic Development Governance: The Association of Industrialists of Puerto Rico is urging officials to keep economic development insulated from political disputes, arguing that controversies around tax incentives and decrees are scaring off capital. PREPA Budget Update: The Financial Oversight and Management Board certified PREPA’s 5th revised FY2026 budget, aligning spending with new electricity rate determinations and setting a systemwide revenue requirement of $1.78B. Incentives Oversight: A GAO review highlights persistent oversight gaps in Puerto Rico’s investor incentive programs, including issues with residency reporting to the IRS. Legal/Prosecutorial Moves: OPFEI appointed independent prosecutors to investigate former OGPe officials tied to alleged improper intervention in agency operations. Regional Business: Visa named Jorge Salum to lead expanded Greater Caribbean operations, reshaping leadership across 22 markets (excluding Puerto Rico and the Dominican Republic). Sports Business: MLB owners floated a major amateur-entry overhaul that would ban high school signings in the domestic draft and expand an international draft—an industry shift with big implications for talent pipelines.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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3 hours ago

787 Coffee breaks into World’s 100 Best with Puerto Rico’s farm-to-cup model

AGP

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Jun. 5, 2026

Yilda M. Acevedo leads PharmPR and pushes for women in Puerto Rico pharma

AGP

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Jun. 9, 2026

Citizens Life Group lays out 7 checks for seniors choosing a life settlement company

AGP

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Jun. 17, 2026

Christian Briggs episode tracks the global push for CBDCs and payment alternatives

AGP


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Business Owners Denounce Costs and Losses Due to Water and Energy Failures on the Island

Business Owners Denounce Costs and Losses Due to Water and Energy Failures on the Island

Industrialists demand an end to disputes that threaten investment in Puerto Rico

Industrialists demand an end to disputes that threaten investment in Puerto Rico

Puerto Rico roiled by widening political crisis as top official comes under fire

Puerto Rico roiled by widening political crisis as top official comes under fire


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3 hours ago

787 Coffee Puts Puerto Rican Farm-to-Cup Coffee on the Global Stage After Top 100 Recognition

EIN Presswire

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Jun. 18, 2026

Puerto Rico and the Army Honor a Legacy of Service

DVIDS - Georgia

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Jun. 17, 2026

CBDC Empire: How China, BRICS, and Central Banks Are Building a New Financial World Order

EIN Presswire

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Jun. 15, 2026

Dave & Buster’s Reports First Quarter 2026 Financial Results

GlobeNewswire, Inc.

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Jun. 11, 2026

Fort Buchanan marks Army's 251st Birthday on Puerto Rico's leading morning news program

DVIDS - Georgia

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Jun. 15, 2026

Secretary Scott Convenes Third Border Trade Advisory Committee Meeting of 2022

Texas Secretary of State

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