Passenger traffic at Luis Muñoz Marín Airport jumps 12.6% Y-O-Y in February
March 8, 2024
A total of 984,244 passengers used Puerto Rico’s main air hub last month. #NewsismyBusiness
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Gov’t prepares to offer subsidy on telecom equipment when broadband incentive ends
March 6, 2024
Puerto Rico seeks alternatives as broadband subsidy end looms. Also, the island’s digital equity plan has been approved. #NewsismyBusiness
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Puerto Rico’s bankruptcy filings up a whopping 43% in February
March 5, 2024
A report prepared by local firm Boletín de Puerto Rico shows that 455 cases were filed in February. #NewsismyBusiness
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Liberty Puerto Rico reports $353M in revenue in Q4, $1.4B for 2023
February 26, 2024
The company confirmed it has already migrated 800,000 former AT&T customers to its mobile platform. #NewsismyBusiness
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Puerto Rico’s manufacturing sector achieves stability during past 33 months
February 21, 2024
The sector is showing a “palpable recovery” he said, evidenced by the most recent Index of Coincident Indicators in Manufacturing released in December 2023. #NewsismyBusiness
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Puerto Rico’s Economic Activity Index poised to hold steady in 2024
February 21, 2024
The next release of the EAI-EDB will be in early April, with data for January and February. #NewsismyBusiness
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PRASA website entering 2nd phase to optimize services, iron out kinks
February 15, 2024
The new platform has the capacity to serve all 1.2 million PRASA customers. #NewsismyBusiness
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Paulson amends RICO Act lawsuit against ex-business partner Ghaffar
February 15, 2024
New revelations of fraud, breach of fiduciary duties, unjust enrichment and damages are among the additional claims. #NewsismyBusiness
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CofC joins lobby to extend broadband subsidy through September
February 12, 2024
On Jan. 10, several lawmakers introduced H.R. 6929 to appropriate an additional $7 billion for the ACP. #NewsismyBusiness
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Caribe Hilton hotel listed for sale for undisclosed amount
February 8, 2024
The landmark property opened in December 1949 and is owned by Park Hotels & Resorts Inc. #NewsismyBusiness
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Passenger traffic up 8.2% at LMM airport Y-O-Y in January
February 8, 2024
Puerto Rico's Luis Muñoz Marín International Airport has been breaking passenger records in recent months, reporting a total of 12 million in 2023. #NewsismyBusiness
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Federal judge denies Paulson’s petition to dismiss former partner’s lawsuit
February 7, 2024
The case arises from an investment Fahad Ghaffar made in companies owed by John Paulson. #NewsismyBusiness
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ID.me confirms 3-fold jump in Puerto Rico residents with verified identities
February 1, 2024
Verification rates for agencies like the Internal Revenue Service have jumped since last year. #NewsismyBusiness
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Puerto Rico gov’t lobbies for extension of federal broadband subsidy program
January 31, 2024
Urges internet providers on the island to offer data on the impact the ACP has in Puerto Rico. #NewsismyBusiness
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Puerto Rico’s 10 airports assigned $21.3M in federal grants
January 31, 2024
The funding is available under the Bipartisan Infrastructure Law and is included in a total $245.9 million for 153 grants in 37 states, including Puerto Rico. #NewsismyBusiness
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