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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New Fortress Energy looking for ‘strategic partners’ for Puerto Rico operation
November 6, 2024
The company disclosed its plans to the Securities and Exchange Commission on Tuesday. #NewsismyBusiness
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Puerto Rico’s cruise tourism season produced $201.9M in 2023-2024
November 5, 2024
The Florida-Caribbean Cruise Association released the results of a study by New Jersey-based Business Research & Economic Advisors. #NewsismyBusiness
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USACE, DTOP partner to start relocating 59 flood-prone properties
November 5, 2024
The initiative is part of the Río Grande de Manatí Flood Risk Management Project in Ciales, which has an estimated cost of $29.8 million. #NewsismyBusiness
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Puerto Rico Cocktail Week celebrates 6th edition in new setting
November 5, 2024
The event will take place Nov. 10-16 with a series of special activities. #NewsismyBusiness
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Puerto Rico jumps to 2nd most searched travel destination in Caribbean
November 4, 2024
With a 22% year-over-year growth in 2024, Puerto Rico climbed to second place from fourth place a year ago. #NewsismyBusiness
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Ballester Hermanos invests $35M to expand distribution center in Dorado
November 4, 2024
Adding about 60,000 square feet, Ballester doubles its storage space dedicated to food service and frozen products. #NewsismyBusiness
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ConPRmetidos, Amazon Web Services partner to launch training program
November 4, 2024
The joint effort aims to prepare youth to compete in the global market and foster Puerto Rico’s economic growth. #NewsismyBusiness
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LUMA predicts 154 hrs. of power outages from June 2024 to June 2025
November 1, 2024
The company highlights ongoing generation challenges in Puerto Rico’s electric system in Resource Adequacy Report submitted to the Energy Bureau. #NewsismyBusiness
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