US Dept. of Commece grants $183K to promote Puerto Rico’s rural businesses
March 11, 2024
The program will offer services including access to capital, training, and identification of opportunities. #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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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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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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