Puerto Rico completes successful trade mission to Dominican Republic
May 27, 2025
DDEC reports $3 million in projected sales from 22 participating companies. Puerto Rico’s Department of Economic Development and Commerce (DDEC, in Spanish) recently led a trade mission to the Dominican Republic aimed at expanding economic and commercial ties between the neighboring islands. DDEC Secretary Sebastián Negrón-Reichard, accompanied by more than 20 small and medium-sized enterprise […]
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AMSI, Terumo launch $2.28M workforce training program in Caguas
May 5, 2025
Medical device workers to receive 4,000 hours of hands-on training under Registered Apprenticeship model. #NewsismyBusiness
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Puerto Rico House approves 4% tax rate for future Act 60 investors
April 30, 2025
The new rate applies to capital gains, interest and dividends under the Incentives Code beginning next year. #NewsismyBusiness
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Senate bill seeks to expand Puerto Rico’s cybersecurity agency
April 22, 2025
The measure proposes training and support to improve digital security and jobs. #NewsismyBusiness
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Puerto Rico legislator calls for review of toll, contract manufacturing
April 21, 2025
Introduces bill to evaluate models and improve incentives, policy and investment. #NewsismyBusiness
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DDEC seeks feedback to optimize Single Business Portal
April 17, 2025
The deadline to participate in the survey is April 30. #NewsismyBusiness
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Solx invests $64M in Puerto Rico’s first solar panel plant
March 25, 2025
The Aguadilla facility will create up to 610 jobs and position the island as a clean tech hub. #NewsismyBusiness
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DDEC, Evertec to offer free digital transformation workshops to SMEs
March 14, 2025
The initiative seeks to boost the digitalization and competitiveness of these businesses. #NewsismyBusiness
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House Bill 72 aims to modernize travel industry regulations in Puerto Rico
February 6, 2025
The proposed amendments seek to consolidate travel agent roles, address technological changes and improve consumer protections. #NewsismyBusiness
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Meraki Paper invests $2M to expand compostable cups manufacturing
December 17, 2024
The company got support from the DDEC Incentive Fund to buy the new equipment and create 25 jobs at its Carolina facilities. #NewsismyBusiness
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Techno Plastics Industries pumping $2M into Añasco plant expansion
November 1, 2024
The DDEC is granting the company close to $1 million in support, agency officials said. #NewsismyBusiness
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Marxuach Precast expands operations with $7M investment
October 2, 2024
The prefabricated concrete manufacturer received a $1.5 million incentive from the Puerto Rico Economic Development and Commerce Department. #NewsismyBusiness
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Ironhack expands AI School in Puerto Rico to boost tech talent
September 27, 2024
The initiative aims to train 1,000 locals and develop 50,000 tech professionals by 2030. #NewsismyBusiness
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Puerto Rico gov’t evaluating Opportunity Zone applications representing $915M in investments
July 24, 2024
Larger staff at the Department of Economic Development and Commerce has accelerated approvals. #NewsismyBusiness
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Islandwide expands operations with $1.6M investment, job creation
July 17, 2024
The move was supported by the Puerto Rico Economic Incentives Fund. #NewsismyBusiness
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