Puerto Rico Research and Data Consortium to become repository for island stats
September 23, 2024
The goal is to formalize a collaboration between research data centers to leverage resources, standardize data presentation formats and create a common repository of data. #NewsismyBusiness
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FINRA study: Puerto Rico population experiencing ‘financial fragility’
September 5, 2024
The findings highlight Puerto Rican households’ ability to make ends meet, manage debt, build wealth, and plan for the future. #NewsismyBusiness
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Liberty Puerto Rico seeks to win back customers’ trust, launches Liberty Loop
August 29, 2024
Liberty is rebranding to reflect its evolution into a “trusted connectivity partner.” #NewsismyBusiness
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Puerto Rico Retailers Assoc. study shows sales grew 28% from 2019 to 2023
August 23, 2024
The trade group’s summit highlighted the industry’s economic and social impact. #NewsismyBusiness
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AM Best: Recent market growth to help Puerto Rico insurers absorb Ernesto losses
August 21, 2024
To date, companies have indicated that losses should remain within reinsurance limits. #NewsismyBusiness
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SBA, USDA Rural join to help rural business communities in Puerto Rico
August 20, 2024
In 2022, the Biden administration mandated that federal agencies allocate 12% of their procurement needs to socioeconomically disadvantaged small businesses. #NewsismyBusiness
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Insight: Why does the government provide grant funding?
August 7, 2024
Beyond addressing market inefficiencies, government grants also aim to promote equity and social justice. #NewsismyBusiness
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Study: Economy is ‘deciding factor’ for Puerto Ricans who move to Florida
July 30, 2024
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
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NY Fed report: Most of Puerto Rico unserved by high-speed internet
July 23, 2024
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).
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Puerto Rico’s agricultural production grows to $703M in 2022
July 22, 2024
Compared to other economic sectors, Puerto Rico’s agricultural sector is relatively small. #NewsismyBusiness
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Insight: What is Amazon and what benefits can you expect if you’re a small business?
July 15, 2024
An Amazon operation in Puerto Rico would generate “enormous power” in terms of jobs. #NewsismyBusiness
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Puerto Rico Manufacturing Extension holds virtual symposium on population decline
June 13, 2024
Experts discuss solutions to address depopulation and attract the diaspora back to the island. #NewsismyBusiness
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Insight: Charting a path forward for Puerto Rico’s economy
May 29, 2024
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
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EDB, Orlando CofC join forces to attract entrepreneurs to Puerto Rico
March 28, 2024
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
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Walmart unveils $12M remodel of Barceloneta store
March 5, 2024
The store’s remodeled look seeks to “offer the best shopping experience to its customers,” the retailer said. #NewsismyBusiness
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