Ports Authority submits $40.8M grant request for Port of San Juan upgrades
May 2, 2023
The requested funds will go toward four specific projects to improve Puerto Rico’s main shipping hub. #NewsismyBusiness
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Prepa debt repayment plan deemed unfeasible, analyst warns
May 2, 2023
Proposal to repay nearly $5.7 billion risks further destabilizing the electrical system, IEFFA director testifies in federal court. #NewsismyBusiness
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3 Puerto Rico co’s get seed capital from Conectando Tu Negocio al Éxito program
May 1, 2023
Liberty Foundation and Grupo Guayacán awarded $250,000 in prizes to program winners. #NewsismyBusiness
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2 stores, coworking area open at El Yunque National Forest
May 1, 2023
The El Yunque National Forest and Vitrina Solidaria seek to contribute to the eastern region’s economic growth with the opening of the new facilities. #NewsismyBusiness
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Timeline for Ceiba spaceport to be announced by end of 2023
May 1, 2023
During a webinar hosted by Invest PR, PR5G Zone confirmed that the government is currently defining the opportunities available for an operator to perform the launching paths. #NewsismyBusiness
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Verdanza Hotel sold to joint venture by owners of Vivo Beach Club, Interlink
April 28, 2023
The transaction had been in the works since last year and closed Thursday. #NewsismyBusiness
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Olha Impact Hub business accelerator opens at Interamerican University
April 28, 2023
The Olha Impact Hub will provide advice to request financial aid (seed capital) and other incubation and acceleration processes. #NewsismyBusiness
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Popular Inc. reports net income drop in 1Q23 due to deferred tax asset
April 27, 2023
In the report, Popular Inc. confirmed net interest income of $531.7 million in the most recent quarter, compared to $494.3 million for the same year-ago period. #NewsismyBusiness
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Sunnova marks 10 years in Puerto Rico with aggressive expansion plans
April 27, 2023
CEO discusses plans, including the launch of new federal incentives to enable more Puerto Rico consumers to finance solar energy systems. #NewsismyBusiness
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Puerto Rico to showcase fiscal recovery at PRNOW: New York Forum
April 27, 2023
The event seeks to provide updates on the island's economic development to Wall Street investors, with the goal of reestablishing access to capital markets. #NewsismyBusiness
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Local businesses meet with gov’t contractors at ‘Puerto Rico Compra’ event
April 26, 2023
The General Services Administration connects its government buyers with local businesses wishing to sell their products and services to the public sector during two-day networking event. #NewsismyBusiness
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First BanCorp. reports $70.7M in 1Q23 net income
April 26, 2023
Net interest income reached $200.9 million for the first quarter of 2023, compared to $185.6 million for the first quarter of 2022, and $205.5 million for the quarter ended Dec. 31, 2022. #NewsismyBusiness
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SME Digital & Innovation Forum to focus on trends for business growth
April 26, 2023
New technologies and innovation benchmarks that foster competitive advantages for businesses are among the topics included in this digital forum. #NewsismyBusiness
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FEMA to address water resource recovery after Hurricane Maria
April 26, 2023
The agency will hold a symposium on landslide mitigation and community access to drinking water. #NewsismyBusiness
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Puerto Rico Cyber Force aims to boost security, protect citizen data
April 25, 2023
The Puerto Rico Innovation and Technology Service, the federal government and a nonprofit unite to combat cyberthreats. #NewsismyBusiness
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