Raincoat raises $6.5M to invest in post-climate disaster financial resiliency
June 27, 2023
The San Juan-based company will use its funding to scale the platform in new markets and assist more individuals impacted by natural disasters in recovering from a catastrophe. #NewsismyBusiness
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Pulso entrepreneurial program extends access to capital services islandwide
June 27, 2023
Through its three cohorts, the program has benefited businesses through training and support. #NewsismyBusiness
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First BanCorp, Popular Inc. release corporate sustainability reports
June 27, 2023
The banks detailed their efforts to positively impact their employees, customers and communities. #NewsismyBusiness
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Legal Aid Society of Puerto Rico unveils program for mental health proceedings
June 27, 2023
The goal is “to serve and offer access to the mental health population to integrated legal services with the participation of specialized professionals,” the organization stated. #NewsismyBusiness
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San Juan sidewalks to become disability-friendly under U.S. Justice Dept. order
June 26, 2023
Following a discrimination lawsuit for violation of the ADA, the agency proposes an order to make public sidewalks more accessible. #NewsismyBusiness
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Planet Fitness invests $6 million in 2 new gyms
June 26, 2023
The new gyms are part of an ongoing expansion that Planet Fitness announced last year. #NewsismyBusiness
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FirstBank grants $200M+ in commercial loans in 1Q23
June 26, 2023
“The commercial loan options are as varied as they are promising, since they include spaces for rent, restaurants, and consumer services,” officials said. #NewsismyBusiness
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Puerto Rico National Guard unveils $2M fire station at Camp Santiago
June 26, 2023
The facility reinforces the body’s “commitment to safeguarding its personnel and communities.” #NewsismyBusiness
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Gov’t procuring vendors to develop geographic information systems tool
June 26, 2023
Proposals must be submitted electronically on the program’s website before 4 p.m. July 7, 2023. #NewsismyBusiness
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Fitch Downgrades AES Puerto Rico L.P.’s senior bond to ‘D’
June 23, 2023
AES PR’s rating is linked to — but not constrained by — Puerto Rico Electric Power Authority’s (Prepa) credit quality, which currently stands at “D.” #NewsismyBusiness
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FEMA awards $1.6M for new equipment in Puerto Rico agricultural facilities
June 23, 2023
The funds will be used to replace equipment at the Veterinary and Agrological Laboratory and other facilities to improve the island’s resilience in the face of natural disasters. #NewsismyBusiness
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iPR Pharmaceuticals adopts renewable liquefied natural gas to power cogenerator
June 23, 2023
iPR secured the RNLG supply from gases generated by the natural biodegradation processes occurring in the Humacao landfill. #NewsismyBusiness
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Fitch Ratings recognizes Puerto Rico government’s progress
June 22, 2023
The agency noted the progress in the publication of audited financial statements and the improvement in reliability, timeliness and accessibility to information. #NewsismyBusiness
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Walmart Puerto Rico launches interactive store flyer
June 22, 2023
To access the new services, customers must scan the QR code to access the retailer’s app. #NewsismyBusiness
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Asset-servicing firm Citco to open office in Mayagüez
June 21, 2023
Its office is set to open by 2024, and the company is looking to hire in Puerto Rico. #NewsismyBusiness
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