Retailers: Inventory tax moratorium is ‘right first step’ toward growth
February 14, 2025
It is estimated that Puerto Rico businesses pay about $220 million in annual inventory taxes. #NewsismyBusiness
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$30M Casa Costera Apartments by Marriott marks 1st year in Isla Verde
January 24, 2025
This week, the property officially unveiled and inaugurated its culinary offer, the ZŪL RoofTop Restaurant. #NewsismyBusiness
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OFG Bancorp closes 2024 with record growth, strategic gains
January 23, 2025
As OFG enters 2025, it remains focused on leveraging digital transformation and strategic investments to drive growth. #NewsismyBusiness
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Yo! Mochi brings Japanese-style donuts, treats to Plaza Guaynabo
January 23, 2025
The Yo! Mochi concept introduces a rice-flour based donut to Puerto Rico, as well as other sweet and savory treats. #NewsismyBusiness
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Dean steps down as Discover Puerto Rico chief after 7 years
January 16, 2025
Dean’s resignation is effective Feb. 17. #NewsismyBusiness
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Banesco USA sues Mayagüez animal feed operator over $6.6M default
January 15, 2025
The dispute stems from two loans Banesco extended to FAPPR in August 2017. #NewsismyBusiness
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USDA grants $1.8M to 10 Puerto Rico entities for clean energy systems
January 14, 2025
The funding for all local projects comes from the Rural Energy for America Program (REAP) program. #NewsismyBusiness
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FCC implements new broadband location verification for Puerto Rico
January 13, 2025
The new measures represent an opportunity for Puerto Rico to close the digital divide and ensure that federal investments yield tangible benefits for local communities. #NewsismyBusiness
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Puerto Rico stands out in GoFundMe’s 2024 Year in Help report
January 6, 2025
GoFundMe announced its expansion into Puerto Rico in August 2024. #NewsismyBusiness
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Puerto Rico’s medical residencies show growing demand in key areas
January 3, 2025
By addressing gaps in certain specialties and leveraging the growing interest in key areas, Puerto Rico can ensure a steady pipeline of healthcare providers to serve its diverse population, the study showed. #NewsismyBusiness
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Central gov’t transfers former ferry terminal to Municipality of Fajardo
December 31, 2024
To achieve the transfer, the central and municipal governments entered negotiations with the Federal Transportation Authority. #NewsismyBusiness
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JetBlue opens crew base in Puerto Rico, launches new route to St. Croix
December 13, 2024
The crew base to support inflight crew members located in Terminal A opened Thursday, while San Juan-based pilots are expected to join in early 2025. #NewsismyBusiness
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FTC grants Coopharma authority to jointly negotiate with PBMs
December 11, 2024
The commission voted 5-0 to approve Coopharma’s petition to reopen and modify a 12-year-old order that prohibited the practice. #NewsismyBusiness
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Oriental Bank sues 100+ in RICO lawsuit alleging PPP loan fraud
December 3, 2024
The financial institution claims the defendants orchestrated a fraudulent scheme to obtain PPP funds by submitting falsified applications and misusing the proceeds for personal gain. #NewsismyBusiness
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Liberty Business relaunches OnGoing internet redundancy service
November 27, 2024
The OnGoing intelligent system guarantees business continuity for a monthly fee. #NewsismyBusiness
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