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Tuesday, November 4, 2014

Puerto Rico News Digest For November 4, 2014

.

NPP CANDIDATE WOULD BEAT PADILLA

















According to a new poll from El Nuevo Dia, either of the top two 
likely gubernatorial nominees from the pro-statehood New Progre-
ssive Party would defeat sitting PDP Governor Alejandro Garcia
Padilla, if the election were held today. In a hypothetical match-
up against Ricky Roselló, AGP would get 24% of the vote, with 
Roselló getting 43%, while current Resident  Commissioner Pedro
Pierluisi would garner 37% of the vote versus the Governor's 23%. 
In either scenario, PIP candidate Juan Dalmau would receive
about 6% of the vote.


PR JOINS GLOBAL TREND WITH IVA TAX




"The value-added tax (IVA by its Spanish acronym) that 
the Puerto Rico government is slated to implement
hovers at around 14 percent, but with the repeal of 
income taxes for many taxpayers and exemptions that
will be part of the proposed tax reform, officials do 
not expect it to have a negative impact..."



VIOLENT WEEKEND LEFT 14 DEAD


From Fox News:


"Fourteen people were killed over the weekend in Puerto 
Rico, to make it the second most violent so far this year, the 
Caribbean island's police told Efe on Monday..."



PR MANUFACTURING INDEX SLIDES




"A gauge of Puerto Rico’s manufacturing industry backed 
off in September, posting a fifth drop in six months 
below the growth threshold. The Purchasing Managers Index 
(PMI) for Puerto Rico’s manufacturing sector slid to 48.4 
in September..."


PR TO HOST 96 CONVENTIONS THROUGH JAN.




'Puerto Rico has been selected to host 96 events including, 
conferences, annual meetings and sports activities for 
this winter season. This represents an estimated 40,894 
room nights and a total direct spending of $23 million 
into the local economy, Meet Puerto Rico President Milton 
Segarra said Monday..."


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