Report: Puerto Rico’s private sector adds jobs in 2Q22
February 2, 2023
An additional 454 net businesses emerged when compared to the prior quarter, Labor Secretary Gabriel Maldonado-González said.
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Puerto Rico manufacturing index edged up in December
February 2, 2023
All PMI sub-indexes reflected a monthly expansion in the sector.
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Popeyes Puerto Rico opens $1.4M restaurant in Cayey
February 2, 2023
The new eatery will employ 50 people who will join a team of 700 employees islandwide.
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Ex OBoard chair named to Banesco USA governing body
February 1, 2023
The bank, which has had local presence for 30 years serving the commercial sector exclusively, will likely open two branches in Ponce and somewhere between Mayagüez and Aguadilla.
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Study: Pandemic boosted internet use in Puerto Rico, but gap remains
February 1, 2023
People 55+ in Puerto Rico are still lagging in internet access, which limits them from receiving services.
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Restaurant Association presents study findings, ’23 projections
February 1, 2023
About a quarter of respondents have had to raise prices and still lack employees.
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Distrito T-Mobile to focus on doubling number of international visitors
January 31, 2023
Venue adds business, retail partners and announces events, along with renewed entertainment and dining offerings.
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Frontier to lead in number of flights to Puerto Rico
January 31, 2023
Frontier will expand service to San Juan and Aguadilla and adds a new Ponce route.
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Hurricane Fiona federal assistance reaches $811M in Puerto Rico
January 31, 2023
FEMA, the SBA and the National Flood Insurance Program have provided assistance.
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GivingTuesday Puerto Rico collects $900K for 100+ orgs.
January 31, 2023
The organizations received donations online and via Evertec's ATH Móvil platform.
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Port of San Juan improvement project gets green light
January 30, 2023
Puerto Rico gov't and U.S. Army Corps of Engineers sign over $58 million agreement to dredge, deepen and widen Bay of San Juan.
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FEMA assigns $18.5M for Valenciano water treatment plant and reservoir
January 30, 2023
The total cost of the project is estimated at more than $417 million in FEMA funding.
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Krone Model and Talent Management ventures into franchising
January 30, 2023
Two franchises have opened their doors in San Juan and Caguas.
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First BanCorp. reports $305M in net income for ’22
January 30, 2023
CEO Aurelio Alemán believes "that our organization has ample experience navigating uncertainty and is well equipped to manage rising market challenges going into the next cycle."
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OFG Bancorp reports $608M in ’22 revenue, $168M in 4Q22
January 27, 2023
The bank spent 2022 "deploying technology, expanding, and improving our network and investing in people and talent."
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