Insurance co.’s, credit union name new Puerto Rico execs
February 25, 2022
This edition of Climbing the Corporate Ladder features new executive appointments at two of Puerto Rico’s main insurance companies and a credit union.
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4-mall portfolio, including Plaza Los Prados in Caguas, sells for $80.25M
February 24, 2022
[BREAKING] The portfolio comprises 555,016 of square feet of commercial space.
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Liberty Puerto Rico reports $376M in 4Q21 revenue, $1.5B for ‘21
February 24, 2022
The company showed solid results one year into the integration of its mobile business.
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Hotelier, NBA star to build $7M multi-sport complex in Hato Rey
February 23, 2022
Hotelier and businessman Ricky Newman and NBA star Jose Juan Barea team up to develop sports tourism project.
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Glaxo’s Guayama operation to become Haleon as part of spin-off
February 23, 2022
Business is on track to spin-off the unit and list it as a new company in mid-2022.
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Honeywell Aerospace moves Americas Aftermarket HQs to Guaynabo
February 22, 2022
Honeywell began operating in Puerto Rico in 2007 with 12 employees and now has 1,000 islandwide.
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Coamo meat packing co. Emprosur files for Ch. 11 bankruptcy
February 21, 2022
The petition was filed at the US Bankruptcy Court.
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Zen Spa invests $155K to open 5th location, at Royal Sonesta Hotel
February 17, 2022
The location will operate under the name Zen Spa Brisas.
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Puerto Rico Legal Aid: Barely 33% of $325M in rent payment aid has been used
February 16, 2022
The organization called on the Public Housing Administration to expand the educational campaign for the program that covers up to 15 months of rent and utilities.
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LUMA reports 7,500 solar client connections in 2Q22
February 16, 2022
The 60-page second quarter report describes LUMA’s activities in detail.
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Study: Natural disasters provoke ‘unprecedented’ socioeconomic changes
February 14, 2022
“The economy of disasters? Puerto Rico before and after Hurricane María,” present several suggestions for local and federal governments to reduce the negative socioeconomic impact left by natural disasters.
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Electronic sports betting officially takes off in Puerto Rico
February 10, 2022
Puerto Rico Gaming Commission grants the first betting operator license in time for this year’s Super Bowl.
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ALSA ends San Juan to Caguas bus service it launched in July ’19
February 9, 2022
When the company launched in July 2019, it had less than eight months of full operations before the COVID-19 pandemic was declared.
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Puerto Rico retail sales up 18.3% Y-O-Y to slightly more than $3B
February 7, 2022
That is the 18th consecutive monthly rise in retail sales, the Department of Economic Development and Commerce said.
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Starbucks Puerto Rico will not be raising prices like US counterpart
February 4, 2022
News is my Business confirmed that the hike will not apply to the local market.
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