AGP Executive Report
Last update: 11 hours agoIndustrial Investment: Puerto Rico’s Industrial Development Company unveiled a 10-year plan to modernize the island’s industrial infrastructure. Business Operations: Merchants Fleet has expanded to Puerto Rico, deploying 113 vehicles for an unnamed e-commerce company’s last-mile delivery operations — its first FleetShare rollout outside the continental U.S. Taxes and Energy: La Fortaleza proposed a temporary sales-tax holiday on prepared foods as electricity costs rise; meanwhile, the PPD introduced measures aimed at easing power bills. Finance: Banco Popular’s third-quarter earnings rose 26%. Infrastructure: Polaris advanced a $60 million Punta Lima battery-storage project, while FEMA approved nearly $82 million for Puerto Rico disaster recovery and resilience work.
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