OFG Bancorp reports $179.4M in Q2 core revenue
July 19, 2024
During the quarter, OFG also moved ahead with its share buyback program, implementing close to the $50 million approved by its board. #NewsismyBusiness
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Banco Popular de Puerto Rico sues Romark Global Pharma for $9.2M
July 15, 2024
Romark established its operation in Puerto Rico in 2019. #NewsismyBusiness
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Colmena66 report confirms roadblocks to entrepreneurship in Puerto Rico
July 12, 2024
In 2023, 711 entrepreneurs responded to the Annual Entrepreneurship Survey, a 28% increase from 2022. #NewsismyBusiness
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Puerto Rico bankruptcies up 18.6% in June with 426 filings
July 9, 2024
So far this year, a total of 171 businesses have turned to the U.S. Bankruptcy Court for protection. #NewsismyBusiness
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Mellon Foundation grants $1M to Rutgers/Puerto Rico Archival Collaboration
July 3, 2024
This funding will enhance the ongoing efforts to preserve and make accessible important archival collections and periodical publications from Puerto Rico. #NewsismyBusiness
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Lockheed Martin, Infosys BPM announce expansions, new jobs in Aguadilla
June 28, 2024
Both aerospace industries have had a long-standing presence in Puerto Rico. #NewsismyBusiness
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USACE unveils $252M plan to manage coastal storm risk in Ocean Park, Rincón
June 25, 2024
In Rincón, USACE proposes buying about 70 “vulnerable structures” along the coastline, including a portion of Villa Cofresí, to complete the project. #NewsismyBusiness
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3 Puerto Rico agricultural businesses to split $800K from USDA
June 17, 2024
The funding comes from the Farm Labor Stabilization and Protection Pilot Program. #NewsismyBusiness
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NTIA OKs Puerto Rico’s $334M petition to expand broadband
June 14, 2024
Puerto Rico is now among the first 10 states and territories to receive approval to begin deploying broadband expansion plans. #NewsismyBusiness
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Puerto Rico gets $2.3M to promote commercial vehicle road safety
June 7, 2024
The funds have been assigned to the Puerto Rico Public Service Commission. #NewsismyBusiness
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Puerto Rico gov’t waiting on $330M petition for broadband expansion
June 6, 2024
The funds would pay for the launch of the Affordable Device & Partnership Program, infrastructure projects, and equity and access projects. #NewsismyBusiness
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Puerto Rico’s telecoms unveil readiness plans for hurricane season
May 31, 2024
Carriers have boosted their networks with backup batteries and generators to gap any power outages resulting from the brunt of a storm. #NewsismyBusiness
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Census: 42.7% of Puerto Rico’s population ‘highly’ socially vulnerable
May 29, 2024
The agency used the most recent numbers available, released in 2022. #NewsismyBusiness
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Esencia, a $2B, 2K-acre planned community proposed for Cabo Rojo
May 24, 2024
The project will take between seven and 10 years to complete. #NewsismyBusiness
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Puerto Rico Ports Authority looking to sell former Santa Isabel airport
May 23, 2024
The property may not be used for airport purposes once sold. #NewsismyBusiness
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