The U.S. Bankruptcy Court was busy during 2023, as there were 4,435 petitions submitted from January to December, or 16.4% more than the 3,810 cases filed in 2022. #NewsismyBusiness
Production, Employment and Own Inventories subindexes increased with respect to the previous month, all surpassing the threshold level of 50, which indicates growth. #NewsismyBusiness
Most sectors of the economy have shown year-over-year growth and consistency. #NewsismyBusiness
Cutting-edge services based on artificial intelligence and blanketing the island with broadband connections are two of the predictions high on the carriers’ list of developments in the immediate future and down the road. #NewsismyBusiness
Statista sees Puerto Rico inflation closing at 2.89% this year and falling to 1.15% in 2024, and going back up in 2025 to 1.91%. #NewsismyBusiness
So far this year, Puerto Rico individuals and corporations seeking protection from creditors have filed 3,397 cases in U.S. Bankruptcy Court, up 15.2% year-over-year. #NewsismyBusiness
The governor discussed his vision for economic development and reconstruction plans. #NewsismyBusiness
Latest report highlights significant economic improvements across various industries. #NewsismyBusiness
Data indicate that the top scams are credit card fraud, identity theft, Medicare/insurance fraud, Social Security scams, car warranty schemes and debt collection fraud. #NewsismyBusiness
Proponents have until Jan. 5 to submit their proposals. #NewsismyBusiness
ABRE Puerto Rico released its eighth annual index, highlighting key financial trends across the island’s towns. #NewsismyBusiness
Liberty Call Defense, powered by Hiya Protect, will go live this fall, officials said. #NewsismyBusiness
Liberty Puerto Rico reported $351.2 million in income for the third quarter of 2023. #NewsismyBusiness
Since the migration began, Liberty has had to follow a schedule set by AT&T, which at times has been limited to certain days and hours of the week. #NewsismyBusiness
Liberty expects that subscriber additions from Dish will bolster prepaid business driving further growth. #NewsismyBusiness
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