AGP Executive Report
Last update: 6 hours agoMaritime Security: The U.S. Coast Guard intercepted eight stowaways on a barge arriving in San Juan, with four Chinese and four Dominican nationals transferred to CBP for processing—another sign of heightened scrutiny on tug-and-tow traffic. Defense & Foreign Policy: Reports say the Pentagon has been positioning ships, aircraft, and troops across the Caribbean, including assets based in Florida and Puerto Rico, to create options for potential action against Cuba if authorized. Puerto Rico Economic Outlook: Housing affordability in Puerto Rico has slid sharply over six years, with the Housing Affordability Index falling to 64% in Q4 2025 as prices rise, mortgage rates stay high, and household income growth lags. Local Business & Investment: DDEC is pushing manufacturing and reshoring partnerships, including talks with CEMEX on industrial innovation, supply chain upgrades, and competitiveness initiatives. Energy Storage Deal: Infinite Grid Capital signed a LOI with NeoVolta for utility-scale battery storage, including an approximately 400 MWh Puerto Rico project tied to NeoVolta’s Georgia manufacturing ramp-up. Retail Watch: Costco reported strong results, noting 639 warehouses in the U.S. and Puerto Rico, as net sales rose 11.6% year over year.
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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