U.S. Census Bureau: 5.9% of Puerto Rico workers did so from home in 2022
February 28, 2024
In Puerto Rico, home-based work increased since 2019, but more workers drove alone to work in 2022 than in 2019. #NewsismyBusiness
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Puerto Rico hosts summit to boost local and federal contracting
February 27, 2024
Government and industry leaders gather at Elevate Summit: Business Growth Opportunities to drive business growth and STEM education. #NewsismyBusiness
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Federal economic dev’t agencies convene summit in Ponce
February 27, 2024
The Biden-Harris Administration has made unprecedented levels of federal funding available to Puerto Rico for resilience, recovery, infrastructure, and economic growth. #NewsismyBusiness
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Puerto Rico fiscal board members were evaluated without defined criteria, before Promesa was signed
February 27, 2024
Through a secret process until now, the U.S. Department of the Treasury evaluated more than 115 people in 2016 to be selected as the first members of the Puerto Rico Fiscal Control Board. #NewsismyBusiness
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Pridco seeks contractor to analyze industrial property rentals
February 26, 2024
Issues an RFP to determine competitive market rents across Puerto Rico. #NewsismyBusiness
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Costa Sur receives approval for $55M in additional FEMA funds
February 23, 2024
To date, Costa Sur has more than $125 million in FEMA funds under Hurricane María FAASt obligations. #NewsismyBusiness
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Puerto Rico’s manufacturing sector achieves stability during past 33 months
February 21, 2024
The sector is showing a “palpable recovery” he said, evidenced by the most recent Index of Coincident Indicators in Manufacturing released in December 2023. #NewsismyBusiness
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Puerto Rico’s Economic Activity Index poised to hold steady in 2024
February 21, 2024
The next release of the EAI-EDB will be in early April, with data for January and February. #NewsismyBusiness
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Guaynabo invests $26M in sports and recreation facilities
February 20, 2024
Major upgrades for 48 community spaces announced. #NewsismyBusiness
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Puerto Rico financial institutions no longer on list of money laundering risks
February 20, 2024
Gov. Pierluisi signs into law legislation to strengthen regulation and oversight of international banking and financial entities on the island. #NewsismyBusiness
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FEMA allocates $5.2M for alternate projects in Orocovis, Yabucoa
February 20, 2024
The projects aim to address a community’s evolving needs. #NewsismyBusiness
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HUD assigns $218K to assist Puerto Rico families’ financial stability
February 19, 2024
Grant funding enables coaching, training, and savings accounts to build assets and economic independence for vulnerable communities. #NewsismyBusiness
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Puerto Rico’s reconstruction shows progress, says COR3 director
February 15, 2024
Amid GAO report recommendations, efforts to overcome construction challenges continue, Laboy assured. #NewsismyBusiness
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Gov’t closes contract with San Juan Cruise Port for San Juan Bay piers
February 15, 2024
The selection of San Juan Cruise Port as operator was announced in August 2022. #NewsismyBusiness
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PRASA website entering 2nd phase to optimize services, iron out kinks
February 15, 2024
The new platform has the capacity to serve all 1.2 million PRASA customers. #NewsismyBusiness
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