AGP Executive Report
Last update: 8 hours agoBusiness Climate: Puerto Rico manufacturers and lawmakers debated tax policy, energy reform, labor rules and water infrastructure at a joint hearing. Industry representatives said municipal sales-tax bureaucracy and employer costs remain a burden. Restaurant Shake-Up: KFC and Taco Bell have closed all island locations as Yum! seeks a new franchise partner; the governor ordered assistance for affected workers, while local operator Fransglobal says it is hiring at Taco Maker, Marco’s Pizza and Panchitos. Energy Costs: Rising power bills are squeezing island supermarkets and raising concerns about consumer spending. Separately, Sunrun says Puerto Rico’s home batteries were tapped for 18 consecutive days, as participation in its virtual power plant program doubled in 2026. Tourism Investment: Hilton opened two San Juan hotels with 257 rooms near the Convention Center, including Puerto Rico’s first Homewood Suites. Local Finance: Puerto Rico’s cooperatives reported $12.6 billion in assets and 1.16 million members.
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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