October 18, 2019

PREPA to turn over documents, electrical system data to CAMBIO, IEEFA

October 18, 2019

Pediatric Hospital Foundation reopens NICU South after $400K upgrade

October 18, 2019

More island homes benefit from Weatherization Assistance Program in ’19

October 17, 2019

Walmart invests $6.5M to remodel Supercenter in Canóvanas

October 17, 2019

New Energy Consultants files for Ch. 11 bankruptcy owing $9.8M+

ECONOMY

Consumer spending shrinks by 9% from ’12-’17, as population also declined

Consumer spending in Puerto Rico contracted by nearly 9% from 2012 to 2017, when the island’s population also consistently declined, according to statistics released by the U.S. Department of Commerce’s Bureau of Economic Analysis. Consumer spending — which contracted by an average of 1.8% annually during the period — measures the goods and services purchased by Puerto Rico’s households. The largest decreases in real consumer spending occurred in 2014 and 2017, with about 2.9% and 2.4% drops, respectively. The data released Tuesday is the first under a collaborative agreement

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AUTO

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Hyundai inaugurates $700K parts and service warehouse

Hyundai of Puerto Rico announced the completion of $700,000 construction and expansion project for its parts and services warehouse in Cataño. The new space will be a key element in increasing th

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August new car sales dip 10% year-over-year, trade group confirms

New car sales in Puerto Rico took a 10% dip in August when compared to the same month in 2018, the United Group of Automobile Importers confirmed. The organization known as GUIA for its initials i

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Weekend Wheels: 1st-ever Toyota Corolla hybrid model is both stylish and sassy

The Toyota Corolla, one of the automaker’s most iconic and enduring models, has made an unforgettable entrance in 2020 with a reimagined and reconfigured design that combines style and sass — off

ENVIRONMENT

EPA awards $6M of $40M grant for P.R.’s Solid Waste Management Plan

As part of its continuing efforts to help the Caribbean recover from the long-term impacts from Hurricanes Irma and María, the U.S. Environmental Protection Agency is awarding a $6.2 million to the Puerto Rico Department of Natural and Environmental Resources as the first installment of a $40 million grant for hazardous and solid waste management financial assistance. This funding is awarded through the Supplemental Appropriation for Disaster Relief under the Bipartisan Budget Act of 2018, which provides supplemental appropriations to respond to and recover from recent hurricanes and other disasters. “EPA is partnering