Puerto Rico’s shopping centers see 5% Y-O-Y sales increase in 2023
May 3, 2024
Several local malls are slated to welcome new tenants, which call for redevelopments and redesigns to accommodate new services and trends. #NewsismyBusiness
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El Conquistador faces breach of contract lawsuit from USVI provider
May 1, 2024
Cruz Bay Watersports is seeking some $108,000 in overdue payments. #NewsismyBusiness
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Wild Encantos sues Caribbean Retail Ventures over plush toy knockoffs
April 30, 2024
Wild Encantos is seeking more than $3 million in damages. #NewsismyBusiness
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Puerto Rico Horse Owners Assoc. sues over Camarero racetrack conditions
April 30, 2024
It is seeking $500,000 in damages, attorney’s fees, and costs against the defendants. #NewsismyBusiness
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Film producer sues gov’t over documents certifying $1.7M tax credit
April 30, 2024
The company received a $1.7 million tax credit for the film produced entirely in Puerto Rico. #NewsismyBusiness
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Recently opened Hilton Garden Inn in Condado exceeds occupancy goals
April 29, 2024
The 240-room hotel occupies of the two towers that were once part of the Condado Plaza, which is now split into two franchises of the Hilton brand. #NewsismyBusiness
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Puerto Rico transportation co.’s get $6.6M to reduce air pollution at ports
April 26, 2024
The local assignment is part of a global $148 million in grants to 11 states and Puerto Rico. #NewsismyBusiness
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Puerto Rico ‘outpacing, outperforming’ Banesco USA’s mainland business
April 25, 2024
Banesco USA named Maritza Abadía as the island’s only woman president of a local bank. #NewsismyBusiness
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First BanCorp. reports $73.5M in Q1 net income
April 24, 2024
The financial institution plans to continue investing in technology to improve customer-facing services as well as internal processes. #NewsismyBusiness
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Puerto Rico’s 1st dual-branded hotel concept breaks ground in San Juan
April 12, 2024
The $77 million project that will bring together Hilton International’s Hampton and Homewood Suites brands under one roof. #NewsismyBusiness
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Puerto Rico’s new car sales remain virtually flat in March
April 10, 2024
The first quarter of 2024 reached accrued sales of 29,336 units. #NewsismyBusiness
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Puerto Rico Telecom Bureau sues Solix for $1M over post-contract payments
April 8, 2024
The collections lawsuit stems from an April 2021 audit by the Puerto Rico Comptroller’s Office of the agency’s compliance with its fiscal operations. #NewsismyBusiness
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Goodwill Industries Indiana to launch retail, social programs in Puerto Rico
April 5, 2024
The Indiana Goodwill operation set its sights on Puerto Rico, as it was one of a few geographies in the United States without an assigned location. #NewsismyBusiness
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EPA grants $1.8B to Inclusiv to aid Puerto Rico’s climate change fight
April 5, 2024
Inclusiv will deliver capitalization funding, coupled with technical assistance, to credit unions that can direct affordable green loan capital to communities. #NewsismyBusiness
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Gov’t opens RFP for marina development, operation at Roosevelt Roads
April 2, 2024
RFP #2024-002 gives proponents an April 12 deadline. #NewsismyBusiness
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