Puerto Rico Urban Train upgrades to be ready by December with new fare system
September 18, 2024
Free rides will continue until the new Automatic Fare Collection System is implemented, with “fare capping” planned for 2025. #NewsismyBusiness
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Partnership expands model for access to renewable energy for critical facilities
September 18, 2024
The Community Energy Resilience Initiative provides businesses and nonprofits that are considered critical facilities with access to financial capital. #NewsismyBusiness
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Furtivo Speakeasy celebrates Negroni Week with 5 new creative cocktails
September 18, 2024
Since its inception, Negroni Week has grown from 120 participating bars to thousands of bars and restaurants worldwide. #NewsismyBusiness
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Starwood Property Trust to develop $26M mixed-income complex in Ceiba
September 17, 2024
The Local Redevelopment Authority for Roosevelt Roads chose the proposal after an RFP process that drew only one interested group. #NewsismyBusiness
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Airbnb: Guests generated $1.4B for Puerto Rico in 2023
September 17, 2024
The short-term-rental company says tourism spending through its platform sustained 25,000 jobs. #NewsismyBusiness
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Pre18 offers $25K and mentorship to Puerto Rican startups
September 17, 2024
In the seventh edition of the pre-acceleration program, up to 30 local companies will receive business support to strengthen their proposals. #NewsismyBusiness
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FCC launches benefits for domestic violence survivors in U.S., Puerto Rico
September 16, 2024
Survivors can now make a request with their service provider to separate their mobile phone lines from family plans where the abuser is on the account. #NewsismyBusiness
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Puerto Rico’s fiscal year tax revenue hits record $13.4B
September 16, 2024
Treasury surpasses projections by $1.01 billion, driven by excise taxes and corporate income. #NewsismyBusiness
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Rideshare platform Uber launches Uber Teens in Puerto Rico
September 16, 2024
Only Uber drivers with the highest ratings and experience, as registered on the app, can accept ride requests from teen accounts. #NewsismyBusiness
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Puerto Rico Labor Dept. to launch $28M unemployment platform
September 13, 2024
The DELTA platform will streamline unemployment claims, employer services and fraud prevention. #NewsismyBusiness
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Puerto Rico gov signs bill exempting nonprofits from certificate fees
September 13, 2024
Nonprofits providing free services to government agencies will no longer pay for eligibility certificates. #NewsismyBusiness
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Study confirms ‘marked drop’ of Puerto Rico’s youth population over past 20 years
September 12, 2024
The study identifies natural disasters as “triggers” for learning difficulties, apathy toward education and likelihood of dropping out of school. #NewsismyBusiness
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Puerto Rico bankruptcies up nearly 20% YOY in August
September 12, 2024
So far this year, 3,710 petitions have been filed at the U.S. Bankruptcy Court, representing a 33.9% jump when compared to the same period last year. #NewsismyBusiness
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Walmart Puerto Rico launches new bettergoods private label
September 12, 2024
The bettergoods brand joins Walmart’s list of private labels. #NewsismyBusiness
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Index: Puerto Rico’s housing affordability continues to deteriorate
September 11, 2024
The affordability problem worsened in the first quarter, which is attributed to the increase in the price of housing and high mortgage interest rates. #NewsismyBusiness
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