Puerto Rico sees growth in employment, wages in Q3 2023
March 8, 2024
The “Industrial Composition by Municipality” report indicates increased economic activity across the island. #NewsismyBusiness
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Evertec to repurchase $70M of its common stock
March 7, 2024
During the last quarter of 2023, Evertec repurchased 344,715 shares of its common stock at an average price of $36.82 for a total of $12.5 million. #NewsismyBusiness
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16th Puerto Rico Open tees off, expected to inject $12M into economy
March 7, 2024
Featuring international talent vying for a $4 million purse, the tournament highlights the island’s potential in sports tourism. #NewsismyBusiness
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Centro Casas to auction 70+ properties in Puerto Rico
March 7, 2024
The auction will take place at the Aloft San Juan Hotel on March 15. #NewsismyBusiness
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Gov’t prepares to offer subsidy on telecom equipment when broadband incentive ends
March 6, 2024
Puerto Rico seeks alternatives as broadband subsidy end looms. Also, the island’s digital equity plan has been approved. #NewsismyBusiness
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Puerto Rico comptroller: Oversight of tax decrees lacking
March 6, 2024
An audit revealed gaps in compliance and regulation for incentives under acts 20 and 22. #NewsismyBusiness
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Gov’t Gaming Commission submits slot machine regulations to legislature
March 6, 2024
The interim executive director of the regulatory body asks the legislative bodies to review the regulation quickly. #NewsismyBusiness
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Puerto Rico’s bankruptcy filings up a whopping 43% in February
March 5, 2024
A report prepared by local firm Boletín de Puerto Rico shows that 455 cases were filed in February. #NewsismyBusiness
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Walmart unveils $12M remodel of Barceloneta store
March 5, 2024
The store’s remodeled look seeks to “offer the best shopping experience to its customers,” the retailer said. #NewsismyBusiness
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Puerto Rico Ports Authority seeks federal funds for $26.4M dock repair
March 5, 2024
It submitted a proposal for a RAISE grant to rebuild Dock D in Puerto Nuevo. #NewsismyBusiness
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Banco Popular sues defunct American University for $18.6M
March 4, 2024
The financial institution names several defendants as having defaulted on loans and credit lines. #NewsismyBusiness
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FEMA awards $14M to Mennonite Health System for hospital repairs
March 4, 2024
The Mennonite Health System was founded in 1944 in Aibonito. #NewsismyBusiness
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Avianca’s expanded routes to pump $49M into Puerto Rico’s economy in 2024
March 4, 2024
The carrier confirmed the permanent return of the San Juan-Medellín route and at least 10 weekly flights between San Juan and Bogotá. #NewsismyBusiness
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T-Mobile expands 5G Home Internet service to Puerto Rico
March 1, 2024
The carrier enters the market to compete islandwide with home broadband service. #NewsismyBusiness
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Fresenius Kabi San Germán invests $2M in new production line
March 1, 2024
The plant will increase the production of Alyx, a product for the separation of blood components. #NewsismyBusiness
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