The report, unveiled in Washington, D.C., on Monday, will be presented to lawmakers ahead of the upcoming elections. This story is brought to you by Lexus Puerto Rico (www.lexuspr.com). #NewsismyBusiness
Areas that are considered served in Puerto Rico appear to be closer to urban areas, while rural areas are largely underserved, the Fed reported. #NewsismyBusiness This story is brought to you by Lexus Puerto Rico (www.lexuspr.com).
Compared to other economic sectors, Puerto Rico’s agricultural sector is relatively small. #NewsismyBusiness
An Amazon operation in Puerto Rico would generate “enormous power” in terms of jobs. #NewsismyBusiness
Experts discuss solutions to address depopulation and attract the diaspora back to the island. #NewsismyBusiness
Participants at the NEXA Jobs Summit explored how Puerto Rico could take advantage of government and private funds, as well as economic momentum following more than a decade of recession. #NewsismyBusiness
Through the partnership, the EDB will also provide financial alternatives to small and medium-sized entrepreneurs who wish to expand their businesses on the island. #NewsismyBusiness
The store’s remodeled look seeks to “offer the best shopping experience to its customers,” the retailer said. #NewsismyBusiness
The next release of the EAI-EDB will be in early April, with data for January and February. #NewsismyBusiness
Oriental reported a $1.2 billion public funds deposit in mid-December, although the name of the agency involved remains undisclosed due to regulatory restrictions. #NewsismyBusiness
In 2023, First BanCorp. returned approximately $300 million, or close to 100%, of 2023 earnings, to shareholders through $200 million in stock repurchases and the payment of $100 million in common stock dividends. #NewsismyBusiness
The island’s labor market shows sustained growth with lowest annual average unemployment. #NewsIsMyBusiness
The initiative hopes to set a national standard for transparent and equitable funds distribution. #NewsismyBusiness
The 227 cadets on board will showcase the new state-of-the-art training ship by conducting a maritime learning tour of the vessel for island's youth. #NewsismyBusiness
Long-standing CEOs delve into topics such as the future of the banking sector and their forecasts for industry development. #NewsismyBusiness
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