The U.S. Small Business Administration recently announced the end of the Restaurant Revitalization Fund (RRF) program, which awarded $69.2 million in payments to 339 bars and restaurants in Puerto Rico, the agency confirmed. There was a total of 2,396 applications from Puerto Rico establishments, which requested a little more than $419 million in funding. Over in the […]
The Puerto Rico Ports Authority has selected local firm Isla Borinquen LLC, headed by Baseball Hall of Famer Iván “Pudge” Rodríguez, to develop, finance, build and operate a $12 million dry dock facility at Pier 15 in San Juan. The facility will offer maintenance, repair, and appraisals of commercial vessels and yachts. The project could […]
Passenger traffic at the Luis Muñoz Marín International Airport (LMM) exceeded the 1 million mark in June, which reflected a 13.7% increase over the 888,007 on record for June 2019, prior to the COVID-19 pandemic hit. Last month’s total is nearly a five-fold jump from the 214,008 on record for June 2020, when passenger movement […]
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
