An agreement between the United Retailers Association (CUD in Spanish) and the Puerto Rico Economic Development Bank (EDB, in Spanish) seeks to boost growth among the island’s small- and medium-sized businesses into new markets. The collaboration between the public agency and the trade group will provide, among other benefits, public workspaces to CUD members. The […]
The Economic Development Bank for Puerto Rico (EDB) bestowed grants of up to $50,000 that added up to more than $1.4 million to small- and mid-sized businesses in the town of Bayamón that were affected by the passage of Hurricanes Irma and María. The government agency approved and closed 34 applications for businesses in Bayamón, […]
The island’s employment levels are stabilizing due to the fast growth rates of startups across business sectors, the US Bureau of Labor Statistics data collected by the Puerto Rico Economic Development Bank shows. The local agency’s Center for Economic Studies suggests that there has been improvement, since in 2020 the levels approached pre-pandemic averages during […]
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
