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Chamber News

Luis A. Gierbolini, Esq., President 2021-2022

News related to the PRCC and it’s efforts towards Puerto Rico’s business development.

Chamber of Commerce takes action in Washington

3rd FACES – May 9-12

PR Chamber of Commerce supports Resident Commissioner’s bills seeking parity on health programs and tax incentives for the Island

PR Chamber of Commerce celebrates that Court of Appeals decides Transport Regulation is NULL

Chamber of Commerce takes action in Washington

January 27, 2022

Cameron McKenzie pointed out that an impediment to economic development is the change of economic policy every four years, which generates changes in the “rules of the game” and instability for the investment climate, whether local or foreign.

Presentations of 2021 Studies: Puerto Rican Entrepreneurs and Consumers Confidence Index

Press Coverage:

    First woman to lead the PR Chamber of Commerce

    September 30, 2021

    “I thank the President and each of the directors of the CCPR Board of Directors for the trust placed in me to direct the efforts of this historic institution from a commercial perspective, to advocate for causes that foster economic development and promote a business culture in Puerto Rico,”READ MORE

    Press Coverage:

    The Puerto Rico Chamber of Commerce rejects increase requested by LUMA Energy on the electric energy bill

    September 24, 2021

    “I hope that the Puerto Rico Energy Bureau will side with Puerto Rico’s consumers and economic development in relation to this request and reject it,”…READ MORE

    Press Coverage:

    PR Chamber of Commerce challenges again the increase in transport fares

    September 23, 2021

    The Chamber of Commerce of Puerto Rico (CCPR) has once again filed an appeal in the Court of Appeals to decree that the Transportation Bureau Regulations are null and void and therefore cannot apply the increase in rates…READ MORE

    Press Coverage:

    Chamber of Commerce takes action in Washington

    September 21, 2021

    The Federal Affairs Committee of the CCPR has organized an effort called “Federal Affairs Chamber Educational Series” (FACES) with the purpose of educating and lobbying for a common agenda for Puerto Rico, not only in Congress and the Federal Government but through third sector organizations from the business perspective.

    Chamber of Commerce sends a delegation to Washington

    September 21, 2021

    “The Puerto Rico Chamber of Commerce will be inserted in any federal discussion from the perspective of the small and medium Puerto Rican businessperson…”

    Puerto Rico Chamber of Commerce Sends Delegation to Washington

    September 2, 2021

    Four years after Hurricane Maria, the Chamber promotes reactivating the economy

    Chamber of Commerce denounces electric power situation is unsustainable for economic development

    September 2, 2021

    “these actions harm industries, medium and small businesses because they add unexpected and unbudgeted costs to the business operation. There are no real alternatives to help trade in Puerto Rico this means paying more energy, investing in power plants with the associated costs and evaluating renewable energy alternatives.”

    Chamber of Commerce expresses concern about constant blackouts

    September 2, 2021

    “We are very concerned about what is happening on the island with the selective blackouts and a request for an increase in electric power service, because of the instability that this represents to the environment of doing business in Puerto Rico”

    Chamber of Commerce requests meeting with PREPA to discuss system instability

    September 2, 2021

    Luis A. Gierbolini Rodríguez, said that the situation with electric power is unsustainable for economic development

    PRCC Says Selective Power Outages Hinder Economic Development

    September 2, 2021

    “these actions harm the industries, the medium and small merchants because they add unexpected and unbudgeted costs to the business operation. There are no real alternatives to help trade in Puerto Rico, this means paying more for energy, investing in power plants with the associated costs, and evaluating renewable energy alternatives.”

    PRCC Favors Staggered Minimum Wage Hike to $8.50 an Hour

    August 25, 2021

    Increase above that figure is ‘beyond the reality of Puerto Rico’

    Camaristas support implementation of minimum wage in stages

    August 22, 2021

    They suggest a maximum of $8.50 per hour applicable to 2023 so as not to affect the economy

    Chamber of Commerce sets its position for minimum wage.

    August 20, 2021

    The Puerto Rico Chamber of Commerce (PRCC) favors an increase in the minimum wage up to a maximum of $8.50 an hour and that it be established in a phased manner to mitigate the inflationary effect that this legislation may generate on the economy in Puerto Rico…

    Increase to the minimum wage will be paid by the consumer, warns president Chamber of Commerce

    August 20, 2021

    Gierbolini called on the government “in order to help the economic growth of the country, there must be a commitment to reduce the costs of doing business on the island, such as the cost of energy, permits, and the inventory tax.”

    Puerto Rico Chamber of Commerce supports raising the minimum wage to $8.5

    August 20, 2021

    This was made known in a press release by the president of the CCPR, Luis Gierbolini, when he mentioned that this increase will be established in a phased manner to mitigate the inflationary effect that this legislation may generate on the economy in Puerto Rico.

    Chamber of Commerce says the increase to the minimum wage will come out of the pockets of consumers

    August 20, 2021

    The president of the Puerto Rico Chamber of Commerce (PRCC), Luis Gierbolini, warned that the increase in the minimum wage that was approved in the Legislature will end up being paid by consumers.

    Supreme Court Upholds Decision to Deny Haulage Rate Increase

    August 16, 2021

    The protest ended after the local government conceded to approve an increase that could land before the local courts as a separate case, according to supporters of the haulage hike, since the most recent ruling dealt with a lawsuit filed by the Puerto Rico Chamber of Commerce earlier this year.

    The Supreme Court reaffirms the nullity of the rates of the truckers

    August 16, 2021

    The Puerto Rico Chamber of Commerce (PRCC) expressed satisfaction at the Supreme Court’s refusal of the request for certiorari filed by the Transport Negotiator (NTSP) to intervene in the dispute over hauling rates.

    Supreme Court declared ''inadmissible'' petition from carriers in lawsuit over tariff hike

    August 15, 2021

    On December 23, 2020, the Negotiator issued Circular Letter XXXV-2020, by which it adopted the “temporary tariffs” that it intended to approve through the proposed legislative regulation. These tariffs were approved with immediate effect and would be in force until the formal regulatory process could be completed or until something else was arranged.

    Supreme Court upholds nullity of transport fares in lawsuit filed by the Chamber of Commerce

    August 15, 2021

    The Supreme Court of Puerto Rico denied Certiorari’s petition requested by the Transportation Negotiator in a lawsuit filed by the Chamber of Commerce of Puerto Rico (CCPR), in which the Circular Letter that had increases in the transport of materials in Puerto Rico was declared null and void, said attorney Luis Gierbolini, president of the Camaristas, through a press release.

    Puerto Rico Chamber of Commerce is interceding in Ports Dispute

    August 5, 2021

    “One of the areas that concerns us the most is the health sector that has raised serious concerns with the surgical doctor supply for hospitals. Being in hurricane season it is necessary that the commercial sector and the country is prepared and maintaining a safe distribution chain from the dock to the hands of the consumer…”

    Chamber of Commerce supports employment protection law for medical cannabis users

    July 30, 2021

    “The protection of medical cannabis patients in their workplaces offers citizens the opportunity to take advantage of medical treatment for their conditions, without needing to worry that they may be penalized at work.”…

    Economic Development Bank suggests creating a committee with the private sector to analyze banking of the medical cannabis industry

    July 23, 2021

    In the United States, the medical cannabis industry has benefited from greater openness in the banking sector unlike Puerto Rico’s corporate decisions in compliance with the robust Federal Deposit Insurance Corporation (FDIC) regulations, which classify medical cannabis among high-risk industries.

    Puerto Rico Chamber of Commerce swears in new president, Board

    July 19, 2021

    Some 30 local private sector representatives are now part of the CofC’s new board. The trade group also voted for Cameron Mckenzie of McKensie & Associates, LLC as its president-elect for 2021-2022.

    The new Board of the Chamber of Commerce is sworn in

    July 19 2021

    Recently, the Puerto Rico Chamber of Commerce swore in the new Board of Directors for the period 2021-2022, and its new president Luis A. Gierbolini Rodríguez.

    Puerto Rico Chamber of Commerce swears in its new president and Board of Directors

    July 19, 2021

    During his swearing-in message, Gierbolini Rodríguez highlighted “the important role that the Chamber of Commerce of Puerto Rico must assume to promote a true business culture in the country and promote its productivity at all levels; aspects to which he wishes to emphasize in his presidency.”

    President and Board of Directors of the Chamber of Commerce of Puerto Rico Sworn in.

    July 16, 2021

    “We need to unite Puerto Rico with a common vision as a country. At a time when Puerto Rico’s fiscal and economic situation has been aggravated by the Covid-19 pandemic, we all need to do our part to tackle the loss of jobs and the contraction of our economy. We all share the responsibility is shared,” said Gierbolini Rodríguez

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