Puerto Rico Coliseum sees record-breaking net income
June 28, 2023
With a 202% increase, the Puerto Rico Convention District Authority and ASM Global celebrate the most profitable year in the venue’s 19 years. #NewsismyBusiness
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Salt Labs helps hourly workers build future through rewards app
June 28, 2023
The loyalty app enables frontline workers to earn a reward currency called "Salt" for every hour that they work. #NewsismyBusiness
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Housing Finance Authority grants $29M for Cataño apartment building
June 28, 2023
Bahía Apartments is a 12-story apartment building with 104 apartments and many amenities. #NewsismyBusiness
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Puerto Rico gets $334.6M to deploy broadband infrastructure
June 27, 2023
The funding is part of the global $42.45 billion allocation from the Broadband Equity, Access and Deployment (BEAD) program. #NewsismyBusiness
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2 more online betting operations approved in Puerto Rico
June 27, 2023
The Gaming Commission director predicts growth in digital betting will generate $4 million in revenue for the island’s government. #NewsismyBusiness
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Raincoat raises $6.5M to invest in post-climate disaster financial resiliency
June 27, 2023
The San Juan-based company will use its funding to scale the platform in new markets and assist more individuals impacted by natural disasters in recovering from a catastrophe. #NewsismyBusiness
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San Juan sidewalks to become disability-friendly under U.S. Justice Dept. order
June 26, 2023
Following a discrimination lawsuit for violation of the ADA, the agency proposes an order to make public sidewalks more accessible. #NewsismyBusiness
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Planet Fitness invests $6 million in 2 new gyms
June 26, 2023
The new gyms are part of an ongoing expansion that Planet Fitness announced last year. #NewsismyBusiness
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FirstBank grants $200M+ in commercial loans in 1Q23
June 26, 2023
“The commercial loan options are as varied as they are promising, since they include spaces for rent, restaurants, and consumer services,” officials said. #NewsismyBusiness
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Fitch Downgrades AES Puerto Rico L.P.’s senior bond to ‘D’
June 23, 2023
AES PR’s rating is linked to — but not constrained by — Puerto Rico Electric Power Authority’s (Prepa) credit quality, which currently stands at “D.” #NewsismyBusiness
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FEMA awards $1.6M for new equipment in Puerto Rico agricultural facilities
June 23, 2023
The funds will be used to replace equipment at the Veterinary and Agrological Laboratory and other facilities to improve the island’s resilience in the face of natural disasters. #NewsismyBusiness
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Merck’s Latam president backs HPV fight in Puerto Rico
June 22, 2023
Sarah Aiosa visits the island and meets with officials to discuss HPV vaccination efforts and cancer eradication. #NewsismyBusiness
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Fitch Ratings recognizes Puerto Rico government’s progress
June 22, 2023
The agency noted the progress in the publication of audited financial statements and the improvement in reliability, timeliness and accessibility to information. #NewsismyBusiness
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Pickleball: The sport that’s quietly taking over courts
June 22, 2023
If you’re curious about pickleball and want to give it a try, it is highly likely that you’ll find someone willing to teach you the game. #NewsismyBusiness
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Asset-servicing firm Citco to open office in Mayagüez
June 21, 2023
Its office is set to open by 2024, and the company is looking to hire in Puerto Rico. #NewsismyBusiness
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