San Juan ranks among most expensive cities to live for employees
June 30, 2023
The firm’s 2023 Cost of Living Survey shows that Puerto Rico sits significantly high in the ranking that included 227 cities from across five continents. #NewsismyBusiness
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Ports Authority gets $3M to improve Puerto Nuevo pier Avenue C
June 29, 2023
Avenue C is the only access roadway serving the Puerto Nuevo Port Zone’s eight eastern piers. #NewsismyBusiness
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Salt Labs helps hourly workers build future through rewards app
June 28, 2023
The loyalty app enables frontline workers to earn a reward currency called "Salt" for every hour that they work. #NewsismyBusiness
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Owners of Red Flamboyán open $500K hotel in Rincón
June 12, 2023
The Puerto Rican family, headed by Juan González, confirmed the new addition will be officially inaugurated on June 19. #NewsismyBusiness
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$1.2B preliminary agreement reached in PFAS pollution fight in US
June 5, 2023
It is not clear how Puerto Rico would benefit from this agreement, if at all, yet. #NewsismyBusiness
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Puerto Rico gov’t sues 20 companies for PFAS contamination
June 1, 2023
The complaint responds in part to the release in March of proposed drinking water standards by the EPA that limit the maximum acceptable contaminant levels in drinking water. #NewsismyBusiness
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San Juan municipal gov’t rolls out ordinance regulating short-term rentals
May 25, 2023
The regulation establishes an STR registry and licensing process run by the city’s Permits Office. #NewsismyBusiness
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Jenny Craig Puerto Rico confirms closing of local stores
May 24, 2023
It was in business on the island for 34 years. #NewsismyBusiness
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Science Trust wins $50K in SBA Growth Accelerator Fund competition
May 22, 2023
The Science Trust competed in the underserved communities category and was the only entity representing Puerto Rico in the funding round. #NewsismyBusiness
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O’Reilly expands to Puerto Rico after initial attempt in 2020
May 22, 2023
The Missouri-based auto parts retailer will open two stores and a distribution center. #NewsismyBusiness
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Puerto Rico/USVI get $300M from USDA to advance clean energy deployment
May 17, 2023
The funds will be available through two new programs under the Inflation Reduction Act. #NewsismyBusiness
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‘Above average’ public transit spending fuels private vehicle use
May 16, 2023
The island outranked all other states and territories, followed by Wyoming and Alabama in the top bracket of places with the highest vehicle miles traveled, and therefore lowest transit ridership, as people favor using their personal vehicles. #NewsismyBusiness
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Study: STRs not to blame for Puerto Rico’s housing affordability challenges
May 15, 2023
In the study, Foundation for Puerto Rico covered the factors impacting housing and rent prices on the island, examining several causes. #NewsismyBusiness
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Puerto Rico bankruptcies up 10.2% YOY in April
May 10, 2023
So far this year, corporate filings under Chapter 11 more than doubled to 15. #NewsismyBusiness
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Liberty Puerto Rico reports $366M in revenue in 1Q23
May 10, 2023
Liberty Puerto Rico’s postpaid base grew during the quarter and continued to record exceptionally low levels of churn. #NewsismyBusiness
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