Centro Gran Caribe in Vega Alta gets $23M USDA loan guarantee
September 13, 2023
Karama Neal, administrator of the USDA’s Rural Business-Cooperative Service, was on the island last week to get a firsthand look at funded projects. #NewsismyBusiness
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Puerto Rico gets $158M in federal funds for 2 broadband programs
September 7, 2023
The Biden administration has allocated nearly $500 million for Puerto Rico’s broadband programs. #NewsismyBusiness
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USDA allocates $4.4M to rebuild rural electric, water infrastructure
August 29, 2023
The list of projects includes rural community aqueduct systems in need of upgrades and new equipment. #NewsismyBusiness
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Coliseo de Puerto Rico to fill calendar with weekday events in fiscal ’24
August 28, 2023
The goal is to achieve a 10% to 15% growth by creating experiences for visitors, so they stay beyond their convention events. #NewsismyBusiness
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Suiza Dairy to provide products to Coliseo de Puerto Rico
August 25, 2023
Executives said the partnership had been in the works for more than a year as part of Suiza Dairy’s strategic marketing plan. #NewsismyBusiness
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Porsche Center Puerto Rico unveils 3rd generation of Cayenne
August 11, 2023
The new model is initially available in Puerto Rico in two versions: Cayenne and Cayenne S. #NewsismyBusiness
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Liberty Puerto Rico reports $352M in Q2 revenue
August 10, 2023
During the latter half of this year, Liberty will continue to migrate AT&T’s system into its own. #NewsismyBusiness
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Puerto Rico’s gambling industry hits 75, with 18 casinos in operation
August 8, 2023
Over the past 10 years, the government received a total of $1.4 billion in casino revenue. #NewsismyBusiness
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Puerto Rico bankruptcies up 2.2% in July, vs. 2022
August 8, 2023
So far this year, 2,376 petitions have been filed at the U.S. Bankruptcy Court. #NewsismyBusiness
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University of Puerto Rico Retirement Board sues college administration for $58M
August 7, 2023
The UPR formally established the Retirement System Trust of the University of Puerto Rico in 2016. #NewsismyBusiness
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USDA calls on rural co-ops to pursue funding for solar energy systems
August 2, 2023
Rural cooperatives, including current and previous USDA borrowers, must submit their Letters of Intent on or before 11:59 p.m., Sept. 15, 2023. #NewsismyBusiness
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First BanCorp. reports net income of $70.7M
July 28, 2023
Puerto Rico’s economy is strong enough to mitigate the recent interest rate increases implemented by the Federal Reserve to fight inflation in the U.S. economy, First BanCorp. CEO Aurelio Alemán said. #NewsismyBusiness
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Puerto Rico not included in RaceTrac’s acquisition of Gulf operations
July 7, 2023
Best Petroleum Corp., which has the rights to the Gulf brand in Puerto Rico, said the deal excludes the island’s operations. #NewsismyBusiness
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Crumbl cookies opening 1st store in Puerto Rico in Bayamón
July 5, 2023
The store will open at the Plaza del Parque shopping center, with more to come in 2024. #NewsismyBusiness
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5 small businesses in Puerto Rico get American Express grants
July 5, 2023
The funding aims to help the businesses cover marketing expenses, capital improvements, and physical and technological upgrades and other costs. #NewsismyBusiness
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