AGP Executive Report
Last update: 11 hours agoWorkforce: Puerto Rico’s DDEC is offering job placement, career counseling and other support to about 100 workers affected by Home Power Sun Energy layoffs as the solar company closes facilities in Aguadilla and Toa Baja and cuts jobs in Caguas. Retail: The Children’s Place has filed for bankruptcy and is seeking a buyer for its business, putting six Puerto Rico stores among 498 locations whose future is uncertain. Short-Term Rentals: A proposed bill would require hosts to register and set consistent tax-collection rules for booking platforms, addressing a market with an estimated 33,000 units and uneven compliance. Business Costs: A new study says the effective sales-tax burden may reach 12.7%, as taxes on business inputs accumulate through the supply chain and can feed into consumer prices. Growth: Fazoli’s plans to open its second Puerto Rico restaurant in Cupey, while Puerto Rico and the Dominican Republic are jointly marketing combined trips to international visitors.
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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