Municipality of San Juan sues Exxon Mobil, others for role in climate change
December 18, 2023
The municipality is seeking punitive and compensatory damages in excess of $75,000 from all defendants, “jointly and severally,” it stated. #NewsismyBusiness
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Puerto Rico’s working class could get higher income tax refunds next year
December 14, 2023
The new proposal represents an agreement between the government, the legislature and the Financial Oversight and Management Board for Puerto Rico. #NewsismyBusiness
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Puerto Rican towns to benefit from Municipal Innovation Lab
December 11, 2023
Liga de Ciudades de Puerto Rico has launched a program to help improve local government efficiency. #NewsismyBusiness
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FEMA OKs $786M project to replace 1.5M PREPA meters
December 11, 2023
The equipment will feature Advanced Metering Infrastructure. #NewsismyBusiness
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Puerto Rico’s manufacturing sector creates 7,500 new jobs Y-O-Y in Q2
December 6, 2023
During the second quarter of 2023, manufacturing ranked as the second industry with the highest total wages paid in Puerto Rico. #NewsismyBusiness
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Gov’t updates Single Business Portal to expedite project permits
December 5, 2023
The system can process electronic validations, features more inter-agency integrations, greater capacity to manage the number of users and better cybersecurity. #NewsismyBusiness
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EDB, Consulate of Mexico sign collaborative agreement for entrepreneurs
December 1, 2023
The agreement will provide economic development opportunities for Mexican entrepreneurs based in Puerto Rico. #NewsismyBusiness
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DOE allocates $13M for more solar, battery storage in Puerto Rico
November 30, 2023
Agency to work with stateside and local nonprofits to connect up to 40,000 vulnerable households with solar panels. #NewsismyBusiness
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Report: $12B in relief should boost Puerto Rico’s progress, clean energy shift
November 29, 2023
Released by the U.S. Congress Joint Economic Committee Democrats, the report says the funding has not been effectively used for renewable energy infrastructure, seen as key for economic progress. #NewsismyBusiness
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FEMA grants $40M to PRASA for infrastructure repairs
November 28, 2023
The funds are to improve water management and services after Hurricane Maria’s impact. #NewsismyBusiness
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CPA Society president addresses Puerto Rico’s tax reform challenges
November 20, 2023
Edmy Rivera-Colón tells News is my Business that the substitute reform should boost jobs and be easy to comply with, making the island more competitive. #NewsismyBusiness
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Puerto Rico’s municipal fiscal health shows improvement
November 17, 2023
ABRE Puerto Rico released its eighth annual index, highlighting key financial trends across the island’s towns. #NewsismyBusiness
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Puerto Rico Energy Bureau approves $647M battery energy storage project
November 10, 2023
The 430 megawatt system is aimed at improving the island grid’s reliability. #NewsismyBusiness
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DOE selects Generac to provide vulnerable households with solar power
November 9, 2023
The federal agency selected the company as as a vendor for the $440 million Puerto Rico Energy Resilience Fund. #NewsimyBusiness
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San Juan judge dismisses tax evasion charges against contractors
November 8, 2023
The Justice Department announced it will appeal the ruling on its joint investigation with the Treasury into the owners of Modern Home’s Gallery and JLGA Construction. #NewsismyBusiness
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