AGP Executive Report
Last update: 2 hours agoEnergy Relief: Puerto Rico’s governor is advancing a temporary sales-tax exemption and other measures as electricity costs rise. The strain is acute: a Bayamón shop owner said high bills and outages that damaged equipment forced him to close, prompting a protest outside LUMA’s offices. Banking: Popular’s third-quarter earnings rose 26%, while FirstBank parent First BanCorp reported $96.1 million in quarterly earnings. Grid & Recovery: The fiscal board is demanding NFE formalize a third-party gas-supply pact to address shortfalls. FEMA also approved nearly $82 million for Puerto Rico recovery and resilience projects. Small Business: SBA nominations are open for 2027 National Small Business Week awards, with Puerto Rico eligible to select a local honoree. Nominations close Dec. 7. Investment: Puerto Rico Convention District proposed $24 million in park and sports investments.
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.