Banesco USA announces $3.9B in assets for 1Q
June 5, 2024
Over the last 12 months ending first quarter 2024, Banesco USA has granted $212.8 million in ECIP loans in Puerto Rico. #NewsismyBusiness
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‘Smooth sailing’ for Popular Campus development in Hato Rey
June 4, 2024
Construction of the Popular Campus complex in Hato Rey entails a $300 million investment. #NewsismyBusiness
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Puerto Rico grocers tackle rising food prices differently than U.S. retailers
June 3, 2024
Puerto Rico’s food industry is subject to additional inflationary pressures. #NewsismyBusiness
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New Hecho en Puerto Rico Association president aims to boost agriculture
June 3, 2024
Mateo Cidre plans to reduce food imports and increase local food production. #NewsismyBusiness
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CRH launches fund to rehabilitate public nuisances in municipalities
June 3, 2024
CRH Fund launched its first revolving line of credit with the Community Land and Property Corporation Inc. #NewsismyBusiness
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UPS, Islandwide partner to boost Puerto Rican exports
May 31, 2024
The strategic alliance aims to enhance logistics solutions for SMEs and individuals in Puerto Rico. #NewsismyBusiness
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Puerto Rico’s telecoms unveil readiness plans for hurricane season
May 31, 2024
Carriers have boosted their networks with backup batteries and generators to gap any power outages resulting from the brunt of a storm. #NewsismyBusiness
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6th B-Corps in Formation meeting is ‘showcase to innovation and sustainability’
May 31, 2024
The B Corp certification is offered by B Lab, a nonprofit organization with a presence in 30 countries. #NewsismyBusiness
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JetBlue announces crew base in San Juan, 1st outside continental U.S.
May 30, 2024
Set to bring more than 400 jobs to the region with its first pilot and flight attendant base in Puerto Rico. #NewsismyBusiness
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Bassett Bedding to export to new markets following $1.7M investment
May 30, 2024
Bassett Bedding has a presence in more than 175 furniture stores in Puerto Rico. #NewsismyBusiness
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Puerto Rico gov’t set to issue $75M in catastrophe insurance bonds
May 29, 2024
The government is reportedly working with several insurance and reinsurance companies to structure the coverage. #NewsismyBusiness
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Census: 42.7% of Puerto Rico’s population ‘highly’ socially vulnerable
May 29, 2024
The agency used the most recent numbers available, released in 2022. #NewsismyBusiness
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NY Times: IRS failed to police Puerto Rico tax break, whistleblower says
May 29, 2024
For the past decade, thousands of wealthy Americans have been flocking to Puerto Rico to take advantage of a tax break that can cut their tax bills to zero. #NewsismyBusiness #TheNewYorkTimes
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Cortés Industrial in Caguas sold to Integrated Power Services
May 28, 2024
Financial details of the transaction were not disclosed. #NewsismyBusiness
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Americorps grants $88.5K to Puerto Rico’s Ombudsman for the Elderly
May 28, 2024
The local funds will generate 10 volunteer positions under the Foster Grandparent program. #NewsismyBusiness
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