AGP Executive Report
Last update: 7 hours agoPuerto Rico Housing Crunch: Senate Vice President Carmelo Ríos Santiago called an emergency meeting with landlords, mayors and the Housing Secretary after sharp rent hikes in the San Juan metro/Bayamón area, citing one- to two-bedroom rents now roughly $800–$2,700 and two-bedroom averages rising from about $750 in 2020 to $1,300 today. PROMESA Procurement Watch: Financial Oversight and Management Board Executive Director Robert Mujica Jr. urged Puerto Rico to modernize lobbying rules, warning the island still allows contingency fees tied to government action and lacks limits common elsewhere. Energy Costs & LNG Dispute: A tug-and-berthing fight between New Fortress Energy and the San Juan Bay Pilots is forcing the San Juan power plant to burn diesel instead of natural gas, raising costs for ratepayers. SME Fuel Tax Pressure (“crudita”): The United Retailers Center (CUD) and industry groups pushed the Senate to cut and phase out the “crudita” excise tax, arguing it ripples through transportation and the supply chain. CUD Outreach Leadership: CUD named Sheila Otero Rivera to lead its “CUD de tu pueblo” business outreach, focusing on tailored support for small and midsize firms. Digital Artisans Push: Planeta Boricua launched a year-round digital fair to help Puerto Rican artisans sell locally and in the U.S. via QR tools and online storefront links. Food Prices: Sizzler Puerto Rico rolled out lower-cost lunch and dinner buffet pricing plus a student discount amid rising living costs.
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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