AGP Executive Report
Last update: 7 hours agoCruise Tourism Watch: Norwegian Cruise Line is backtracking on its plan to homeport Prima-class ships in San Juan, canceling months of sailings on the Norwegian Viva and redeploying the ship to Miami, with affected travelers offered refunds and future credits; the move is already raising alarm in Puerto Rico’s tourism sector over lost cruise-driven spending. Trade & Industry: The Puerto Rico Institute of Statistics says the island paid $919.7M in import tariffs in 2025—up 288.66% year over year and the highest in 15 years—while the effective tariff rate jumped to 4.81%, with the heaviest burden tied to construction and manufacturing inputs like metals and steel. Housing & Credit: Puerto Rico’s mortgage delinquency hit historic lows, with 30-day delinquency at 3% and 60-day at 1% as of Dec. 2025, linked to pandemic-era refinancing, rental income use, and borrowers prioritizing mortgage payments. Local Business & Policy: The Connecticut-Puerto Rico Trade Commission’s first meeting set subcommittees across economy, tourism, housing, education, and healthcare, adding an energy-efficiency focus amid Puerto Rico’s grid and outage challenges. Aviation Safety: A Frontier flight diverted after a passenger from San Juan allegedly tried to open an emergency exit and then choked an off-duty flight attendant.
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.
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