AGP Executive Report
Last update: 6 hours agoTourism Pulse: Puerto Rico Tourism Company says hotels endorsed by the agency are projecting 88%+ occupancy for the July 24-27 holiday weekend, with Porta Capital (Metropolitan) leading at 94.1% and Commonwealth anniversary day (July 25) expected around 93%. Telecom & Connectivity: Claro Puerto Rico is investing $35M to land the AMX-1 submarine cable in Ponce, adding a redundant international route outside the northern corridor to boost resilience and capacity. Local Business Expansion: La Pachanga, a Puerto Rico restaurant chain, launched its first franchise program for entrepreneurs, with $30,000 fees and an estimated $140,000-$450,000 investment, targeting markets like Caguas, Ponce and Mayagüez. Banking & Payments: Arival Bank (Puerto Rico-licensed) rolled out USDC stablecoin payment and treasury tools across Base, Polygon, Solana and Ethereum, with conversion fees starting at 0.05% for eligible business clients. Media Industry: Nielsen will discontinue Puerto Rico radio and TV ratings in December 2026, raising concerns about how broadcasters sell advertising. Labor Watch: A union watchdog says SEIU-UHW has spent dues on luxury resort travel, fueling criticism of union spending priorities. E-commerce Fees: DoorDash is changing how it calculates delivery and service fees, aiming for more transparent, distance-based pricing.
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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