Puerto Rico News Digest For August 11, 2016

GOV'T TO HAVE FISCAL PLAN READY FOR BOARD

From News Is My Business:

"Puerto Rico Gov. Alejandro García-Padilla confirmed Tuesday that his admi-
nistration will have a new fiscal plan ready shortly after the federal fiscal over-
sight board is “appointed and operational.” The seven-member board, which is
a component of the Puerto Rico Oversight, Management and Economic Stabil-
ity Act (PROMESA), should be appointed by Sept. 15, when the García-Padilla
administration expects to “hit the ground running in complying with PROME-
SA’s requirements,” he said speaking to reporters and experts who took part in
a special one-day seminar entitled “What’s next for Puerto Rico?” hosted by the
Ravitch Fiscal Reporting Program at the CUNY Graduate School of Journalism
in Manhattan..."

MAN MURDERED IN CANOVANAS

Police are investigating the murder of a man whose bullet-riddled body was
found Wednesday morning in the San Isidro district of  Canóvanas. Police fo-
und the deceased man on Calle #1 at around 5:09 AM yesterday. He has been
described as dark-skinned and approximately 30 to 35 years of age. At the time
of this writing, he was yet to be identified.

NPP BLASTS BERNIER OVER PERFORMANCE

From The San Juan Daily Star:

"For the second consecutive day, the leadership of the New Progressive Party
(NPP) has fi red its canons against the Popular Democratic Party (PDP) candi-
date David Bernier considering him unqualified “for his lack of capacity as se-
cond in command.” “The poor performance and the lack of ability to achieve
results characterize the record of David Bernier in his governmental work and
it is the best example of the negligence with which Puerto Rico has been gov-
erned,” said Miguel Romero, NPP Senate candidate for the district of San Juan..."

COLISEUM OF PR ANNOUNCES RECORD YEAR

From Caribbean Business:

"SMG, manager of the Coliseo of Puerto Rico Jose Miguel Agrelot, announ-
ced fiscal 2015-2016 as one of the most successful years in the 12 years of its
existence. In the fiscal year ending June 30, 2016, Coliseo de Puerto Rico hos-
ted 103 events, which accounted for a total attendance of more than 700,000
guests and more than $35 million in gross ticket sales. The Coliseo de Puerto
Rico is ranked #13th in the world in Pollstar’s mid-year 2016 rankings of Top
100 arenas worldwide..."