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In-Brief
FirstBank awards 25 scholarships as part of YOU First College Program
Contributor March 27, 2023

In 2022, the financial institution awarded more than $50,000 in scholarships to students from six universities on the island. #NewsismyBusiness

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In-Brief
LUMA hosts EV race featuring go-karts built by female STEM students
Contributor March 27, 2023

The race is part of LUMA’s Driving Your Future Challenge, inspiring Puerto Rico’s next generation of female engineers. #NewsismyBusiness

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Featured, Insurance
Study: Puerto Rico’s insurance industry grows despite economic challenges
Contributor March 24, 2023

The insurance industry’s Gross Domestic Product (GDP) reached $1.45 billion in fiscal year 2021, representing 28% of the financial sector’s GDP.

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QUOTE OF THE WEEK:

“The budget illustrates that the fiscal responsibility we instilled in previous years puts the Commonwealth in a better position to respond to the changing federal funding landscape. 

 

Like many states, municipalities and territories across the U.S., we may have to revisit the budget with the Governor and Legislature if federal funding levels change.”

 

— Robert Mujica, executive director, Financial Oversight and Management Board for Puerto Rico

 

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