Empresarios por Puerto Rico unveils 9th edition of ‘Orange Wednesday’
November 13, 2024
The campaign promotes the message that money invested in local businesses is reinvested on the island, creating jobs and strengthening the local economy. #NewsismyBusiness
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USDA Rural meets with grant awardees splitting $1M in funding
November 13, 2024
The funding was awarded as Rural Community Development Innovation grants. #NewsismyBusiness
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Puerto Rico could boost economic growth by adding women to workforce
November 12, 2024
In Puerto Rico, women represented 42% of the workforce in 2022, a mere 6% increase over 31 years. #NewsismyBusiness
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Homes in Toa Baja retrofitted with renewable energy, cisterns
November 12, 2024
In the case of Villas del Sol, access to energy and water is limited, with an inefficient infrastructure. #NewsismyBusiness
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Biogas project operators accuse Banco Popular of predatory lending
November 12, 2024
Biomass Green Fuels is asking the San Juan Superior Court to award $156 million in damages. #NewsismyBusiness
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Puerto Rico considers repealing inventory tax
November 11, 2024
Business leaders and officials discuss eliminating the tax and finding a substitute to support municipal funding. #NewsismyBusiness
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Puerto Rico’s new car sales drop by 10% Y-O-Y in October
November 11, 2024
Cumulatively through October 2024, demand for new cars was at 99,480 units. #NewsismyBusiness
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BDE reports 15.2% Y-O-Y jump in cement sales across Puerto Rico
November 11, 2024
However, monthly sales have remained at an average of nearly 1.2 million bags. #NewsismyBusiness
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San Juan metro area lures in more businesses as economy rebounds
November 8, 2024
Although Puerto Rico businesses have always competed for spots in the metro area, the trend is accelerating. #NewsismyBusiness
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Genera PR ensures ‘swift use’ of $459M to enhance island’s power grid
November 8, 2024
Post-election, Genera PR reaffirmed its commitment to guarantee the “swift, transparent, and effective use of federal funds.” #NewsismyBusiness
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IslandCorps launches 4th annual BIG Toy Drive with goal of 10,000 toys
November 8, 2024
The nonprofit calls on businesses and community groups to join the holiday toy drive for children in Puerto Rico. #NewsismyBusiness
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Evertec reports $211.8M in Q3 revenue, closes Mexico acquisition
November 7, 2024
Evertec’s growth is supported by strong financials, strategic acquisitions, and its focus on Latin American markets. #NewsismyBusiness
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Liberty Puerto Rico reports 12% revenue drop in Q3 to $308M
November 7, 2024
Liberty Latin America CEO Balan Nair highlighted the local operation’s sequential growth in OIBDA. #NewsismyBusiness
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U.S. Department of Labor sues San Juan-based health benefits provider
November 7, 2024
The federal agency filed a lawsuit against San Juan-based Suffolk Administrative Services and its associated entity, Providence Insurance Co. #NewsismyBusiness
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Peter Schiff files civil rights suit alleging conspiracy between IRS, OCIF
November 6, 2024
The lawsuit follows years of international scrutiny on Schiff and Euro Pacific Bank, which he founded in Puerto Rico. #NewsismyBusiness
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